Bitcoin, the flagship cryptocurrency, is defying expectations as it rises dramatically amid a turbulent financial landscape. This week, Bitcoin soared to a remarkable six-week high of $88,900, marking an 18% increase from its recent low of $75,000 earlier this month—a practical testament to the cryptocurrency’s resilience and potential for resurgence. It seems Bitcoin is not
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Keshav’s story is not merely a tale of professional transition; it embodies the triumph of adaptability in the wake of unforeseen circumstances. A senior writer at NewsBTC, Keshav embarked on his writing journey driven by a genuine passion rather than a calculated career move. Holding a bachelor’s degree in Physics from the esteemed University of
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On April 20, 2023, Bitget, a rising star in the cryptocurrency exchange arena, found itself embroiled in controversy as abnormal trading activity in its VOXELUSDT perpetual futures market unfolded. The events of that morning were dramatic, with price spikes that sent ripples through the trading community, surpassing even Bitcoin’s 24-hour trading volume. This incident brings
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In an environment where digital currency mishaps can lead to irreversible losses, Coinbase’s recent announcement about extending its self-service asset recovery tool to the Solana network has ignited hope among crypto users. This innovative feature allows users to reclaim certain unsupported SPL tokens mistakenly sent to their Coinbase addresses without the tedious process of submitting
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The financial arena is undergoing a remarkable upheaval, primarily driven by the surging popularity of Bitcoin (BTC). One of the most influential players in this transition is MicroStrategy (MSTR), led by the audacious Michael Saylor. Recent revelations indicate that more than 13,000 institutions and a staggering 814,000 retail accounts now hold MSTR directly. This suggests
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Ethereum, often regarded as the backbone of decentralized finance and a blossoming crypto ecosystem, finds itself at a crossroads. Despite a promising outlook from analysts, the underlying reality remains complex and, frankly, daunting. The crypto market, particularly Ethereum (ETH), has been fraught with volatility, pushing many investors to question whether the altcoin can maintain its
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Cardano (ADA), a layer-1 network, stands on the precipice of a financial renaissance, hinting at a remarkable price surge that could touch an astounding 110%. But as every investor knows, optimism must be tempered with caution. After climbing to an essential resistance level of $0.65, the technical indicators suggest Cardano’s bullish divergence may signal the
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The recent announcement that the US Securities and Exchange Commission (SEC) is reviewing a staggering 72 crypto-related exchange-traded fund (ETF) filings is undoubtedly a significant moment in the evolution of financial markets. The sheer number of proposals—from established cryptocurrencies like Litecoin to memecoins such as Dogecoin—points to a burgeoning interest in diversifying investment strategies within
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