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The S&P 500 (INDEXSP:.INX) and Nasdaq Composite (INDEXNASDAQ:.IXIC) equity indexes advanced for the second consecutive day. Bitcoin (BTC) mining stocks enjoyed significant gains on Thursday as the price of the coin hovers around $35,000, its highest level in over 17 months. Bitcoin Mining Stocks’ Strong Performance According to reports, US-listed mining companies such
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Since the end of Q2, 2023, MicroStrategy acquired a total sum of 6,067 BTCs at $27,531 price per each. MicroStrategy shows no signs of letting up on its crypto strategy with an additional purchase of 155 BTC for $5.3 million in October 2023. According to the firm’s Q3 2023 earnings report,
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Bitcoin (BTC) sought to pressure $35,000 on Nov. 4 as weekend markets continued to consolidate higher.BTC/USD 1-hour chart. Source: TradingView"Significant" event sets up BTC price upsideData from Cointelegraph Markets Pro and TradingView showed BTC price support holding after the end of Wall Street trading.The largest cryptocurrency saw a revisit of
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China-based BTC Digital announced the purchase of 220 new Bitcoin (BTC) mining units on Nov. 3, bringing its total number of machines to 2,174, with over 230PH/s of computing power. The new acquisitions are expected to become operational by the end of the month.The deal was made with “two unaffiliated
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Whales are crypto investors who control large amounts of digital assets. Their crypto purchases and sales may have a sizable impact on markets, thus crypto watchers closely follow their behavior to anticipate market movements. Moving tokens to exchanges usually signals intention to sell, however, blockchain data doesn't show what happens
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“If the ETF doesn't get approved, I anticipate it would be a significant letdown for the market," said Martin Leinweber, a product strategist at MarketVector Indexes. "The spot Bitcoin ETF is often viewed as a hallmark of institutional acceptance and integration into mainstream financial systems." Original Source
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The U.S. bond market has quickly turned tail over the past two weeks, moving from panicky selling action to the idea that Federal Reserve rate hikes are over this cycle, making the coast clear to begin adding fixed income to portfolios. After pushing through 5% on Oct. 19, the 10-year
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Please note that our privacy policy, terms of use, cookies, and do not sell my personal information has been updated.The leader in news and information on cryptocurrency, digital assets and the future of money, CryptoX is a media outlet that strives for the highest journalistic standards and abides by a
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Please note that our privacy policy, terms of use, cookies, and do not sell my personal information has been updated.The leader in news and information on cryptocurrency, digital assets and the future of money, CoinDesk is a media outlet that strives for the highest journalistic standards and abides by a
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Bitcoin (BTC) continues to circle its highest levels in 18 months and bullish BTC price predictions are flowing in — how high can the bull market go and how fast?From a crash to $20,000 to six figures within months, there is plenty of variety when it comes to what Bitcoin
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