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MKR briefly rose above $1,200 early Friday for the first time since last August, then pared some of its gains to change hands at around $1,144. The token is up 28% over the past week, significantly outperforming the 4.6% decline of the CryptoX Market Index, which tracks the broader crypto
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Share Share on Twitter Share on LinkedIn Share on Telegram Copy Link Link copied Shiba Inu (SHIB) has witnessed a 24-hour surge in its burn rate despite the latest price consolidation plaguing the asset. The asset has continued to trade in a range after the drop below $0.000008. Shibburn, the unofficial
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Bitcoin’s stall despite the recent wave of positive news is a cause for concern, one observer said. Original Source
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The largest cryptocurrency by market capitalization was recently trading at $31,328, up 3.2% over the past 24 hours. Bitcoin shot as high as $31,700 near the close of traditional markets, a more than one-year high. With a few blips, BTC had been languishing between $30,000 and $31,000 for the past
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“On June 21, 2023, the Exchange reached an agreement on terms with Coinbase, Inc., an operator of a United States-based spot trading platform for Bitcoin that represents a substantial portion of US-based spot trading platform for Bitcoin that represents a substantial portion of US-based and USD denominated Bitcoin trading, to
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The share price of software firm Microstrategy increased by 7% following a recent projection by Berenberg. The investment bank believes that next year’s Bitcoin halving could trigger a rally in Microstategy’s stock (MSTR). Berenburg’s current MSTR price target is $430, which would be an 18-month high. Hamburg-based Berenberg Capital Markets recently circulated a
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Share Share on Twitter Share on LinkedIn Share on Telegram Copy Link Link copied In early June, the crypto market was volatile and fell. However, token prices recovered towards the end of the month, concluding the first half of the year on a positive note. COMP, the governance token of
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The largest cryptocurrency by market capitalization has been surging this week after three financial services giants filed applications for spot bitcoin ETFs. Source
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The surge came as investors turned optimistic about being able to redeem funds in the future, and Grayscale potentially winning an on-going lawsuit against the U.S. Securities and Exchange Commission (SEC) about converting the fund into an ETF after news about BlackRock’s filing for an ETF. GBTC doesn’t allow redemptions
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The significance of OPEC+ in the global oil market cannot be understated, as the alliance accounts for approximately 40% of the world’s crude oil production. The impact of Saudi Arabia’s decision to cut oil output has been immediate with oil prices rising in response, reflecting the expectation of a tightening supply. According
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