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Tag: Cryptocurrency

blog bitcoin price tumbles 9 6 21
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Bitcoin Price Tumbles as U.S. Successfully Retrieves Crypto Ransom

Bitcoin dropped to a two-week low on Tuesday falling as much as 9.9% to $31,036. Even though the reason for the slump is unclear, the major selloff might have been triggered by concerns over the cryptocurrency’s security after U.S. officials managed to recover about 85 percent of the Bitcoin ransom
blog market watch bitcoin 25 5 21

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Market Watch: Bitcoin, Indices, WTI Close Higher, Metals Decline

Yesterday, a new trading week started with cryptocurrencies exploring the upside and Bitcoin closing at almost $39,000, after the weekend’s intense volatility. The rise seems to be attributed to a tweet from Elon Musk stating that North American bitcoin miners had made a commitment to revealing data showing their use
blog eu summit cover brexit 24 5 21
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EU Summit to Cover Brexit, COVID-19, Climate Change

Today, the European summit, a two days’ long political meeting at which the assembled political leaders will voice their foreign, social, and economic policy concerns, begins. In particular, the summit will focus on the review of Brexit agreements and Europe’s relations with Russia, especially after this weekend’s incident in which

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Stability in Cryptocurrencies & Biden’s Tax Plan

During Thursday’s trading session stock markets stabilized. The Nasdaq broke above the 50-day moving average, the SP&500 was up 0.1%, oil suffered its biggest weekly drop since March, the dollar weakened, and cryptocurrencies seemed to steady after their plunge in recent days. The stability in cryptocurrencies comes on the same
blog market watch safe 19 05 21
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Market Watch: Safe haven gold is up, Bitcoin & other cryptos plummet

Yesterday, Tuesday, gold reached $1,875.10 per ounce, the highest since January, 29. At the time of writing, gold is trading around 1868.44 per ounce. The increase represents an 11% rise from its March lows. The yellow metal’s rise – the highest in recent months since the start of the year
blog bitcoin falls under 17 05 22
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Bitcoin falls under $45,000; Global Interest Rates & Inflation

Bitcoin dipped below the $45,000 mark as Tesla CEO Elon Musk hinted on Twitter that they could be selling Bitcoin. US markets closed in the green on Friday after a choppy week of inflation data, stagnant retail sales, and a slight drop in 10-year Treasuries. Today, Monday, Federal Reserve Vice