Stocks Fall, Yen Eyes Best Day In 2 Months, Bitcoin Rebounds Above $96,000: What’s Driving Markets Wednesday?
Global markets faced turbulence by midday Wednesday as an unwinding of yen-dollar carry trades drove sharp losses in U.S. equities, with the tech-heavy Nasdaq 100 falling 1.2% in intraday trading. Rising expectations that the Bank of Japan may raise interest rates in December pushed the dollar-yen pair down by...
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Donald Trump Eyes Former SEC Comissioner Paul Atkins As Gary Gensler’s Successor
President-elect Donald Trump‘s transition team is considering Paul Atkins, a seasoned financial regulator and advocate for digital assets, to lead the U.S. Securities and Exchange Commission. What Happened: Atkins, a Republican SEC commissioner during the George W. Bush administration, is among the top contenders to replace outgoing SEC Chair...
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Cardano Price Surges Above One Dollar On 200% 30-Day Rally: What Is Going On With ADA?
Cardano (CRYPTO: ADA) is back above $1 after rallying over 200% over the past 30 days, significantly outperforming Bitcoin (CRYPTO: BTC) and Ethereum (CRYPTO: ETH) in the process. Cryptocurrency Price Market Cap 24-Hour Trend 7-Day Trend 30-Day Trend Cardano $1.02 $35.6 Billion +8.8% +23.5% +203.9% Bitcoin $96,015.13 $1.9 Trillion...
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Million Dollar Listing Seller Turned Down 50,000 Bitcoin For $14 Million New York Apartment In 2015, Missed Out On Billions
Leading cryptocurrency Bitcoin (CRYPTO: BTC) didn’t have as much interest in 2015 as it does today, as the price soars to new highs after the 2024 presidential election. While taking 50,000 Bitcoin for a real estate transaction in 2015 may have proved risky, the homeowner who turned down the...
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Ripple To Invest In Rebranded XRP Exchange-Traded Product By Bitwise
Blockchain payments firm Ripple (CRYPTO: XRP) on Wednesday announced plans to invest in the newly rebranded Bitwise Physical XRP ETP. The ETP, which is backed by XRP, is part of a broader rebranding effort by Bitwise Asset Management to enhance its European product suite. What Happened: Brad Garlinghouse, CEO...
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Donald Trump To Establish A National Bitcoin Reserve? Pros Vs Cons Compared
President-elect Donald Trump is considering a proposal to establish a national Bitcoin reserve, a move that could intertwine cryptocurrency with U.S. fiscal strategy. What Happened: Cryptocurrency executives are rallying behind the idea, advocating for the U.S. government to acquire billions of dollars’ worth of Bitcoin as a long-term asset,...
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Non-USD stablecoins can spur adoption: Report
Cryptocurrencies, including stablecoins, still only pay for 0.2% of online commerce transactions globally, according to the report. ...
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Floki Skyrockets 73% Over The Past Month: What Is Going On?
Floki has rallied 73% in the past mont, with market observers anticipating the uptrend to continue off the back of improving sentiment and bullish technical indicators. Cryptocurrency Price Market Cap 24-Hour Trend 7-Day Trend Floki (CRYPTO: FLOKI) $0.0002272 $2.2 Billion +7.8% -5.1% Bonk (CRYPTO: BONK) $0.00004434 $3.3 Billion +6.2%...
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Is XRP price going to crash again?
XRP could crash by 25% in the worst case scenario, particularly due to its overbought conditions that have preceded similar price crashes....
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New Cryptocurrency 1900Rugrat Challenges CHILLGUY & PNUT Recent Price Action With Upcoming Listings
The competition in the meme coin market has reached new heights with the introduction of Rugrat (RUGRAT). Positioned as the next big disruptor, Rugrat (RUGRAT) is directly challenging the recent price actions of Chill Guy (CHILLGUY) and Peanut the Squirrel (PNUT). With upcoming exchange listings and a growing community,...
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