Tag: Bitcoin Market
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The top-ranked app in the Apple App Store is DeepSeek.
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DeepSeek recently surged to the number one position on the Apple app store. While the company’s large language models or LLMs appear comparable to market leaders like OpenAI and Meta, its claims of costing a fraction to train and develop the competitive AI models is shaking not just the US tech stocks, but also the…
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Analysts Discuss Dogecoin’s Possible Rise as It Aims toward $1
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Over the past year, Dogecoin (DOGE) has shown significant growth potential. Some experts predict that Dogecoin’s price could increase by 10,000%, potentially reaching $1 or more. Historical trends and new developments are fueling hopes for another major rally. What do experts, including Ali Martinez, say about DOGE and its future? Dogecoin’s Price History Points to…
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Trump’s Bold Crypto Move: A Game-Changer for Digital Assets
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In a landmark decision, U.S. President Donald Trump has directed sweeping changes in cryptocurrency policy through an executive order issued on Thursday. The move sets the tone for a crypto-friendly administration while introducing regulations aimed at fostering the industry’s growth. Formation of a Crypto Working Group A central element of the executive order is the…
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Microstrategy’s Bold Move: Adds 11,000 BTC to its Holdings
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Microstrategy, the software intelligence giant, has made waves in the crypto world by acquiring 11,000 bitcoins worth $1.1 billion. This latest purchase brings its total holdings to a staggering 461,000 BTC, solidifying its position as a major player in the cryptocurrency market. According to a filing with the U.S. Securities and Exchange Commission (SEC), the…
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Trump-Family Memecoins Face Sell-Off as Investors Flee
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The cryptocurrency world has been set ablaze with the recent launch of the TRUMP and MELANIA memecoins. These tokens, inspired by President-elect Donald Trump and the First Lady, initially soared to a combined market cap of over $17 billion. However, the hype quickly gave way to a massive sell-off, exposing the volatile nature of memecoins.…
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Bitcoin Hits Record High as Trump’s Meme Coins Spark Crypto Frenzy
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Bitcoin has soared to unprecedented levels, crossing $109,000 for the first time in its history. This surge comes amid a wave of excitement in the cryptocurrency market, fueled by incoming US President Donald Trump and his audacious entry into the crypto space. Trump’s Cryptocurrency Gambit: $TRUMP and $MELANIA Over the weekend, Donald Trump launched his…
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How Will Markets React to $2.8B Crypto Options Expiring Today?
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Bitcoin Options Expiry This week’s batch of Bitcoin options contracts has a put/call ratio of 0.94, which means that bulls and bears are evenly matched with similar numbers of long (call) and short (put) contracts expiring. Open interest, or the value or number of BTC options contracts yet to expire, is highest at the $120,000…
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Trump’s Crypto Game-Changer: Bitcoin Eyes $100 Trillion Market Cap
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Bitcoin has surged once again, riding a wave of optimism driven by whispers of major policy changes under Donald Trump’s potential return to the White House. Speculation about sweeping crypto reforms is fueling excitement among investors, with some predicting Bitcoin could soar to unprecedented heights. Bitcoin Surges on Trump’s Crypto Vision Following a turbulent period,…
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Bitcoin Under Pressure Amid Fed Rate Uncertainty Post Jobs Report
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Bitcoin (BTC) stumbled at the start of the week as robust U.S. jobs data prompted investment banks to reassess Federal Reserve (Fed) rate expectations. The flagship cryptocurrency slipped below $93,000, marking a 1.6% decline, with broader risk assets also trading weak. Bitcoin Falters Below Key Support Levels Bitcoin, the largest cryptocurrency by market value, dipped…
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Bitcoin Faces Key Test as US Employment Data Sparks Volatility
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Sharp Bounce Needed to Avoid Downtrend as Market Reacts to Economic Data Bitcoin (BTC) found itself under pressure on January 11, hovering just below $95,000 after a day of significant market volatility. The cryptocurrency’s performance mirrored the broader decline in US stocks, which saw a similar “bearish overreaction” to new employment data, raising concerns about…