Friday, November 8, 2024
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Bitcoin’s in a bear market, but there are plenty of good reasons to keep investing

Let's rewind the tape to the end of 2021 when Bitcoin (BTC) was trading near $47,000, which at the time was 32% lower than the all-time high. During that time, the tech-heavy Nasdaq stock market index held 15,650 points, just 3% below its highest-ever mark.Comparing the Nasdaq's 75% gain between

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Bitcoin bears have plenty of reasons to hold BTC price below $32,000

Since May 10, the Bitcoin (BTC) chart shows a relatively tight range of price movement and the cryptocurrency has failed to break the $32,000 resistance on multiple occasions.BTC-USD 12-hour price at Coinbase. Source: TradingViewThe choppy trading partially reflects the uncertainty of the stock market as the S&P 500 Index ranged

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Institutional Investors Growing Curious on Crypto Mining but With ‘Plenty of Skepticism,’ Analyst Says

Interest from institutional investors in bitcoin and crypto mining stocks is growing, although most of these investors are still relatively new to the sector and have reservations about the valuation of mining stocks, Wall Street firm D.A. Davidson’s analyst wrote on Monday. Original Source

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Ethereum 2.0: Closer Than Ever, Still Plenty of Work to Do

“Though now evolved in many ways,” Gavin Wood wrote in Ethereum’s 2015 yellow paper, “the key functionality of a blockchain with a Turing-complete language and an effectively unlimited inter-transaction storage capability remains unchanged.” Five years and thousands of bits later, Ethereum is still chugging along as a decentralized platform for self-executing

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