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Bitcoin Miner Reserves Hit 5-Year Lows: What This Means for the Crypto Market

August 15, 2024 by Arnold Potts

Bitcoin Miner Reserves Reach 2021 Levels, What This Means The Bitcoin market has been closely watching the movements of Bitcoin miner reserves as they can serve as a key indicator of potential sell-offs in the cryptocurrency. Typically, when miner reserves are high, …

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Tags Bitcoin, Cryptocurrency

Ethereum Price Analysis: Bullish Outlook as Whale Activity Declines

August 15, 2024 by Arnold Potts

Ethereum, the second-largest cryptocurrency by market capitalization, is showing bullish signs as whale activity around the asset declines. According to data from Santiment, Ethereum (ETH) experienced a 3.8% decline in the past 24 hours, trading at $2,620 at the time of writing …

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Tags ethereum

Bitcoin Dominance Drops to 55%: Is it Altcoins’ Time to Shine?

August 15, 2024 by Arnold Potts

Bitcoin’s dominance in the cryptocurrency market has recently dropped to around 55%, signaling a significant decrease from its previous levels. This decline in Bitcoin’s dominance could potentially pave the way for a favorable period for altcoins, the alternative cryptocurrencies vying for a …

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Tags Cryptocurrency

XRP Options Market Sees Surge in Activity as Traders Bet on $1.10 Price Spike by End of August

August 14, 2024 by Arnold Potts

The XRP options market on Deribit is experiencing a surge in activity as traders bet on a $1.10 price spike by the end of August. This surge in activity, particularly for call options betting on a price surge for the cryptocurrency, has …

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Tags Cryptocurrency

Ripple (XRP) Set for Record-Breaking Price Surge After SEC Settlement

August 14, 2024 by Arnold Potts

Ripple (XRP) may be on the brink of experiencing its largest price increase ever, following its recent settlement with the US Securities and Exchange Commission (SEC). Traders are eagerly anticipating an unprecedented surge for the cryptocurrency, with metrics indicating a potential landmark …

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Tags Cryptocurrency

India’s Rise as a Web3 Powerhouse: Expert Analysis

August 14, 2024 by Arnold Potts

India is on the brink of becoming a powerhouse in the web3 and blockchain sector, according to experts in the field. With a rapidly growing tech-savvy population and a strong foundation in IT, India is poised to lead the way in the …

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Tags Cryptocurrency

Marathon Digital Holdings Announces $250M Offering to Buy More Bitcoin

August 13, 2024 by Arnold Potts

Marathon Digital Holdings, the world’s largest Bitcoin mining firm, has recently announced a significant financial move by offering $250 million in convertible senior notes due in 2031 in a private offering to qualified institutional buyers. Additionally, the company is considering selling an …

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Tags Bitcoin

Canto Blockchain Faces Challenges Restarting After Outage

August 13, 2024 by Arnold Potts

Canto blockchain, a layer-1 general-purpose blockchain network, has been facing challenges in restarting block production since August 11th. The network came to a halt at block 10847516, as reported by Canto Explorer. In an announcement on August 12th, the project disclosed that …

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Tags Cryptocurrency

Crypto Whale Makes $3.13M Investment in PEPE During Market Turmoil

August 13, 2024 by Arnold Potts

A Crypto Whale has made headlines in the cryptocurrency world after purchasing $3.13 million worth of PEPE coins amid market turmoil. The investor, identified by the wallet address cookislandstrust.eth, began accumulating PEPE coins last week during a significant market dip that saw …

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Tags Bitcoin, Cryptocurrency, ethereum

Stripe and Bitstamp Join Forces to Expand Operations in Europe: A Strategic Partnership for Crypto Innovation

August 10, 2024 by Arnold Potts

Stripe, a leading financial infrastructure platform focused on democratizing the crypto industry, has recently announced a strategic partnership with Bitstamp, a popular crypto exchange backed by Robinhood, to expand their operations in Europe. This partnership aims to strengthen their presence in the …

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Tags Bitcoin, ethereum, Solana
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