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Bitcoin Passes $70,000 Only to Plummet Again

Image: Tom Stepanov (Shutterstock)Bitcoin reached a new all-time high Friday morning, just days after it broke a previous high. The cryptocurrency peaked at $70,136.33, according to CoinDesk. As soon as it established a new high, Bitcoin fell by thousands of dollars minutes later. Why Bitcoin won’t reach $1,000,000This up-and-down rollercoaster has been the norm for the past few weeks. Bitcoin traders will be active in the morning causing the price to go up and up, and then Bitcoin owners want to cash in their crypto

10 Essential Cryptocurrency Tools for Smart Investing in 2024

Unveiling the 10 essential tools for smart and successful cryptocurrency investing Cryptocurrency has become an integral part of the global financial landscape, and as we step into 2024, smart investing in the digital asset realm is more critical than ever. To navigate the dynamic crypto market successfully, investors need a robust toolkit of essential tools. In this article, we’ll explore ten indispensable cryptocurrency tools that can empower investors in making informed decisions, managing portfolios, and…

Bitcoin Wears a Patagonia Vest Now, but Is It Still Crypto?

Cryptocurrency cleaned up its act this week as spot Bitcoin ETFs made their Wall Street debut in January. The digital tokens are looking almost unrecognizable from what the industry represented just a few years ago, leading to the question, is Bitcoin still crypto?Why Should Crypto Currencies be Called Securities? | Gizmodo InterviewThe “decentralized” part of cryptocurrency is up for interpretation these days. Ever since the Security and Exchange Commission’s approval of spot Bitcoin ETFs on Jan. 1o, cryptocurrency looks…

bitcoin ETF: FTX sold about $1 billion of Grayscale’s bitcoin ETF since its approval: CoinDesk

FTX has sold 22 million shares worth close to $1 billion in Grayscale Bitcoin Trust (GBTC) since it was converted into an exchange-traded fund (ETF) earlier this month, taking FTX's GBTC ownership down to zero, CoinDesk reported on Monday.GBTC in all saw outflows of more than $2 billion since being converted into ETF, according to the report, which cited private data reviewed by CoinDesk and two people familiar with the matter.Elevate Your Tech Prowess with High-Value Skill CoursesOffering CollegeCourseWebsiteIndian…

Wait, Is Bitcoin Going to Die?

The price of Bitcoin crashed nearly 10% on Wednesday, falling from $45,000 to below $41,000 in mere hours, hurting crypto’s best bull run in a year. But what, or who, could have been the culprit behind the crash? The day before, CNBC’s host of Mad Money, Jim Cramer, directed his powerful investing advice towards Bitcoin. He Tossed His Bitcoin, Now He Wants It Back“You can’t kill it,” said Cramer on CNBC Tuesday, referring to the remarkable rally Bitcoin had last year. “It’s here to stay,” he said, just a day before the…

Mt. Gox Victims Report ‘Double Repayments’ From 2014 Bitcoin Hack

Photo: Kiyoshi Ota/Bloomberg (Getty Images)Well, that’s one way to see your investment pay off. In 2014, the largest cryptocurrency exchange in the world, Mt. Gox, suffered a notorious hack that stole 850,000 Bitcoins from the platform. Victims are finally starting to get their money back on Tuesday, nearly 10 years later. However, some are reporting Mt. Gox accidentally sent “double payments” and the trustees are asking for some of it back.He Tossed His Bitcoin, Now He Wants It Back“Due to a system issue, the transfer of

Investor Group Nears $125 Million Deal for CoinDesk

The syndicate is led by Matthew Roszak of Tally Capital and Peter Vessenes of Capital6. The syndicate is led by Matthew Roszak of Tally Capital and Peter Vessenes of Capital6. FOLLOW US ON GOOGLE NEWS Read original article here Denial of responsibility! Techno Blender is an automatic aggregator of the all world’s media. In each content, the hyperlink to the primary source is specified. All trademarks belong to their rightful owners, all materials to their authors. If you are the owner of the content and do…

Taylor Swift Reportedly Did Sign a Deal With FTX

Image: John Medina (Getty Images)While news of the FTX cryptocurrency exchange’s crumbling castle has come and gone, there is a new wrinkle in the tale involving one of the world’s largest singer-songwriters. After reports that Taylor Swift knew all too well that the exchange would fail and declined to sign a deal with Sam Bankman-Fried’s FTX, news has broken that she actually did jother name in the contract’s blank space. What to Watch For: Taylor Swift's "Midnights" What to Watch For: Taylor Swift's "Midnights" vinyl

binance: Binance, SEC strike deal to move all US customer funds, wallet keys back onshore

Binance, Binance.US and the U.S. securities regulator announced a deal to ensure that only Binance.US employees could access customer funds in the short term, CoinDesk reported on Saturday, citing a proposed agreement.Under the agreement, which still needs sign-off from the federal judge overseeing the case, Binance.US will take steps to make sure that no Binance Holdings officials have access to private keys for its various wallets, hardware wallets or root access to Binance.US's Amazon Web Services tools, the report…

Crypto Evangelist’s Big Bitcoin Bet Comes to a Satisfying Conclusion

The best advice you can get when buying bitcoin or investing in crypto (other than, you know, “don’t”) is the same advice you get when going to a casino: never bet more than you’re willing to lose. Balaji Srinivasan, the former chief technical officer of Coinbase, must have been more than willing to part ways with fat stacks after he gave up on hopes bitcoin would ever reach prices equal to $1 million.Crypto Exchanges Restrict Withdrawals“I’m not a trader, I’m not John McAfee, and I’m not in the bait of publicly burning a…