AI and HPC Hype Fuels Pre-Market Rally in Bitcoin (BTC) Mining Stocks

Bitcoin has sustained its rally above $123,000, which it broke on Friday, finishing week 39 up 10% for its best weekly performance of the year, according to CoinDesk market data. Crypto stocks with exposure to Artificial Intelligence (AI) and High-Performance Computing (HPC) are doing better than their peers that...
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U.S. Government Shutdown, UK ETNs, Hedera Upgrade: Crypto Week Ahead

Crypto markets may be distracted by the U.S. government shutdown in the coming week. With key data from the world’s largest economy not being published, traders may find difficulty in identifying big-picture catalysts for their positions. While the shutdown means new exchange-traded funds won’t be approved in the U.S.,...
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Bitcoin exchange supply drops to 6-year low after ATH

The Bitcoin supply on crypto exchanges has plummeted to around 2.8 million BTC, levels previously only seen in July 2019. This drop in supply follows the token’s recent ATH at $125,506. The amount of Bitcoin stored on trading platforms like…...
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Iran Plans To Drop Zeros From Its Inflation-Hit Currency As Bitcoin Hits Record Highs — Is Apex Crypto The Medicine Or Just A Fool’s Gold?

Iran approved a monetary overhaul Sunday to remove four zeros from the nation’s currency following years of high inflation. Iranian Rial Undergoes Redenomination The Iranian Parliament sanctioned a monetary reform that will phase out four zeros from the country’s national currency, the Iranian Rial, over the next few years, according to...
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