Fed Plans to Keep Purchasing Assets, Interest Rates to Stay Near Zero – Economics Bitcoin News
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Bitcoin open interest mimics Q4 2020 as new report ‘cautiously optimistic’ on BTC rally
Bitcoin (BTC) futures open interest is mimicking the start of the BTC price bull run, data shows.As BTC/USD hovered near $40,000 on Thursday, a fresh bullish report from Stack Funds called for “cautious optimism” about further price rises.Bitcoin has sought to flip $40,000 to support this week, returning to the
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Dogecoin Google Search Interest Surpasses That of Bitcoin
Dogecoin’s magnanimous price surge this year has helped it become the world’s fourth-largest cryptocurrency with a massive surge in its popularity. Besides, support from billionaires like Elon Musk has helped the crypto a lot.Meme-cryptocurrency Dogecoin (DOGE) has created a major frenzy with its massive bull run this year. Registering a
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Institutional Investors Exhibit Increased Interest in Ethereum
The second-largest cryptocurrency in terms of market cap, Ethereum is creating history as its value hovers around the recently found all-time high. The growth trend exhibited by ETH since mid-2020 has caught the attention of crypto investors, especially with speculations of its value rising much higher following the ETH 2.0
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Record $8B open interest on Ethereum futures shows the pros are ‘here’
The price of Ether continues to push higher, and many analysts are calling for $3,000 as a short-term target. All of this "success" takes place in the face of Ether (ETH) being in a bottleneck regarding high fees, network congestion and a tense situation with miners. With decentralized finance (DeFi) applications
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Ethereum Institutional Interest is Rapidly Growing; Here’s What On-Chain Data is Showing
Ethereum is not getting flipped by Binance Smart Chain anytime sooner, shows on-chain indicators. Blockchain analytics platform IntoTheBlock gathered data on Ethereum transactions with volumes greater than $100,000. The portal noted that the second-largest blockchain network processed $20.68 billion worth of transactions in the week ending April 11, leading to a
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PBoC Attributes Increasing Interest in Digital Yuan to Rise in Bitcoin Price, BTC Closer to $60K
Bitcoin has been seeing constant gains over the past months while reaching new highs. Now it is trading at almost $60,000.The People’s Bank of China (PBoC) said that the increase in Bitcoin could be triggering interest in China’s digital yuan. China’s central bank tied the increasing interest in digital yuan
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Fresh wave of interest pushes Cardano near all-time highs
Cardano (ADA) made a run at its all-time price high on March 18, following renewed retail interest in the asset. It ultimately hit a price of $1.47 on Thursday, based on TradingView data from the Kraken exchange — just short of its $1.48 all-time price high, set on Feb. 27.Cardano’s 1-hour
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Ripple Lists Its Business in Wyoming, Crypto Companies Gaining Interest in This State
Ripple has registered its business in Wyoming under the name Ripple Markets WY LLC.Ripple, which has not posted much exciting news this year, has recently given the community good news by opening a new company in Wyoming. As per the Wyoming Secretary of State records, the blockchain-based payment company Ripple
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