Friday, November 8, 2024
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Cryptocurrencies Resilient Despite Weaker Equity Markets, Increased Regulatory Activity: Citi

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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Weaker dollar lifts Bitcoin to $30.7K as analyst eyes 60% BTC dominance

Bitcoin (BTC) hit 48-hour highs overnight into May 20 as U.S. dollar weakness gave bulls some much-needed respite.BTC/USD 1-hour candle chart (Bitstamp). Source: TradingViewDollar strength declines after 20-year recordData from Cryptox Markets Pro and TradingView recorded a high of $30,725 for BTC/USD on Bitstamp.Still struggling to flip $30,000 to reliable

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Bitcoin Eyes $50K with Weaker Dollar, Stimulus, and Tesla in Focus

Bitcoin rally paused after notching a new record high on Tuesday, suggesting that its supersonic rally in the previous session might pare a portion of its gains. Bitcoin corrects lower after hitting $48,200. Source: BTCUSD on TradingView.com Bitcoin corrects lower after hitting $48,200. Source: BTCUSD on TradingView.com The benchmark cryptocurrency headed for its

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Weaker Bitcoin (BTC) Miners Selling BTC in Droves as Bitmain Debuts Cheaper Hardware

[sociallocker id="55298"] Weaker bitcoin miners are engaging in massive selloffs as Bitmain debuts a cheaper model in the Antminer series.  Inefficient Miners Offloading Bitcoin Likely Signaling Capitulation Smaller Bitcoin miners appear to be capitulating as figures show massive BTC selling. This trend comes as the May halving sees block reward slashed by

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