Bitcoin Drops Below $27K, Ether Stable as Jim Cramer Pokes Bearish Calls
Ether showed signs of stability after a nearly weeklong decline. Source
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Drops
Samsung’s Q3 2023 Operating Profit Drops 78% amid Memory Chip Slump
To enhance profitability and mitigate the impact of cyclical downturns, Samsung is focusing on advanced memory chips, particularly high bandwidth memory chips that are crucial for AI servers and processors. Samsung Electronics, the South Korean tech giant, released its preliminary earnings guidance for the third quarter (Q3 2023), indicating a notable
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Bitcoin Price (BTC) Flat as U.S. Stocks Advance, While Dollar Drops on Dovish Signal
“Despite the recent global turmoil, bitcoin has demonstrated exceptional strength, securing its position as the top-performing asset over the past 30 days relative to the US Dollar,” Joel Kruger, market strategist at LMAX Group, noted in an email. He attributed BTC’s rising dominance to the second-largest crypto asset ETH’s stronger
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Ether-Bitcoin Ratio Drops to 15-Month Low as ETFs Fail to Uplift Sentiment
The ratio has declined nearly 30% since Ethereum's Merge upgrade in September 2022. Source
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Bullish crypto sentiment drops with the marketwide plunge
After a short-term bullish moment at the start of October, the crypto market has turned red again. The Israel-Palestine war might be one of the reasons for the bearish sentiment. According to the data provided by Santiment, the “bullish” trend plunged by 93% over the past 24 hours. BTC price and bullish
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Bitcoiner drops BitVM paper — bringing Ethereum-like contracts to Bitcoin
A Bitcoin developer has proposed a new way to bring more expressive off-chain smart contracts to Bitcoin (BTC) without needing a soft fork.Announced in an Oct.9 white paper titled “BitVM: Compute Anything on Bitcoin” by ZeroSync’s project lead Robin Linus, BitVM enables Turing-complete Bitcoin contracts without altering Bitcoin’s consensus rules."Any computable
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Shiba Inu burn rate drops by 82.27%, investors bullish on EOS and InQubeta
Recent crypto trends show that InQubeta (QUBE) and Eos (EOS) are outperforming other coins despite the current market conditions. QUBE investors have especially posted profits while EOS is up, posting a modest 7% in the past week. Meanwhile, Shiba Inu (SHIB) has struggled to gain traction despite burning coins and reducing
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Binance spot market share drops for 7th consecutive month: Report
Major global cryptocurrency exchange Binance has reportedly continued to lose its market share amid ongoing regulatory issues in the United States.Binance’s spot market share fell for a seventh consecutive month in September 2023, Bloomberg reported on Oct. 5, citing analysis from cryptocurrency data provider CCDataAccording to the report, Binance’s spot
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Bitcoin price drops its early week gains — Here is why
Bitcoin (BTC) price gained 6% from Oct. 1 to Oct. 2 but after failing to break the $28,500 resistance, the price dropped by 4.5% on the same day. This decline happened because of the disappointing performance of Ether (ETH) futures exchange-traded funds (ETFs) that were launched on Oct. 2 and
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Bitcoin traders demand ‘slow grind’ up after BTC price drops over 4%
Bitcoin (BTC) traded moderately higher on Oct. 3 after giving back $1,300 of gains into the daily close.BTC/USD 1-hour chart. Source: TradingViewBitcoin bulls slip at $28,600Data from Cointelegraph Markets Pro and TradingView showed BTC price action focusing on $27,500.The pair unwound overnight, descending from six-week highs near $28,600 to bounce
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