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German Government Liquidates Bitcoin Holdings, Wallet Emptied to $1

July 14, 2024 by Arnold Potts

The German government has made headlines in the cryptocurrency world after selling off all its Bitcoin holdings, leaving its wallet with a mere $1.85 balance. This move was confirmed by Arkham Intelligence, a blockchain analytics firm, which reported that the government transferred …

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Tags Bitcoin

US PPI Inflation Rises to 2.6%: Impact on Bitcoin Traders

July 14, 2024 by Arnold Potts

The Producer Price Index (PPI) inflation in the United States has risen to 2.6%, according to the latest release by The U.S. Bureau of Labor Statistics on Friday. This unexpected increase has caused traders to become cautious about potential Federal Reserve rate …

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Tags Bitcoin

Bitcoin Cools Down After Q1 Speculative Frenzy: Is a Bull Run Possible?

July 14, 2024 by Arnold Potts

Bitcoin, the leading cryptocurrency, has experienced a cooling period after a speculative frenzy in the first quarter of 2024. The crypto market is known for its cycles of exuberance and downturns, and recent data suggests a potential turning point for Bitcoin. Capriole …

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Tags Bitcoin, Cryptocurrency

Coinbase Launches New Web App for Managing All Your Crypto Assets

July 13, 2024 by Arnold Potts

Coinbase, one of the leading cryptocurrency exchanges in the world, has recently unveiled a new web application that aims to revolutionize the way users manage their digital assets. The new web app, announced in a blog post, is designed to provide users …

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Tags Cryptocurrency

JPMorgan Predicts Bitcoin and Crypto Market Rebound in August

July 13, 2024 by Arnold Potts

Investment banking giant JPMorgan has made a bold prediction regarding the future of Bitcoin and the broader cryptocurrency market. According to a recent statement from the bank, a massive rebound is expected to take place in August. This news comes amidst ongoing …

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Tags Bitcoin, Cryptocurrency

The Economic Uncertainty of the Nouveau Front Populaire’s Taxation Reform: Abolishing the Flat Tax and Its Consequences

July 13, 2024 by Arnold Potts

The recent legislative victory of the Nouveau Front Populaire (NFP) has brought about economic uncertainty, particularly in terms of taxation policies. One of the key points of the NFP program is the plan to abolish the Flat Tax on capital gains in …

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Tags Cryptocurrency

Hypersphere Launches $130 Million Fund and Seeks VC Expansion in Crypto Market

July 12, 2024 by Arnold Potts

Crypto VC firm Hypersphere has made a significant move in the cryptocurrency market by launching a new fund with $130 million in assets under management (AUM). The fund, named Atlas, aims to utilize Wall Street strategies to generate profits for investors in …

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Tags Cryptocurrency

Bitcoin Whales Stockpiling Cryptocurrency: CryptoQuant Report

July 12, 2024 by Arnold Potts

Bitcoin whales are on an accumulation spree as the cryptocurrency trades below $60,000, according to a report by CryptoQuant. The analytics firm revealed that whales and long-term holders have been increasing their Bitcoin balances at a rate of 6.3% per month, indicating …

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Tags Bitcoin

Solana SOL Price Predictions for July: Will SOL Hit ATH Sooner Than Later?

July 12, 2024 by Arnold Potts

Solana (SOL) has been making waves in the cryptocurrency market, with price predictions for July indicating a potential high of $100 and an all-time high (ATH) of $200. These optimistic forecasts come as the fifth-ranking crypto coin continues to gain momentum and …

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Tags Solana

Is Solana Heading Towards a Return to $150? Analyzing the Crypto Market Trends

July 11, 2024 by Arnold Potts

Solana (SOL) has had a tumultuous journey in the crypto market over the past few weeks, experiencing both highs and lows that have left investors uncertain about its future. After a challenging third week of June, SOL showed signs of recovery at …

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Tags Cryptocurrency
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