News: Crypto
Welcome to the crypto news section, the premier destination for comprehensive and up-to-date information on all things related to cryptocurrencies. Serving as an essential resource for enthusiasts and investors alike, this page offers insights into the dynamic world of digital assets - encompassing everything from real-time price fluctuations to announcements of innovative projects and crucial regulatory changes. Here we've got the pulse of the cryptocurrency market covered to ensure you stay informed.
Expert Opinion: Bitcoin Is on the Verge of a Major Breakout — and What Else Is Happening in Crypto Today
"Bitcoin is on the cusp of a huge breakout as the price is on track to challenge the $45k, which has been a strong resistance since mid-January," said Yuya Hasegawa, an analyst at Japanese cryptocurrency exchange Bitbank.
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Morning Brief: From Housing Inflation, Bitcoin Leaving to Supplies Disaster
The cheapest Model 3 in the U.S. is currently $46,990, according to Tesla’s website. The business hiked pricing by 3 percent to 5 percent in both the U.S. and China, Dan Levy, a Credit Suisse analyst, wrote in a letter to clients.
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Morning Brief: Crypto Regulation, Best Stocks of the Week, And the Rise of Covid-19 Cases
The drive comes as authorities are trying to develop laws to protect investors in the cryptocurrency sector and defend against criminal conduct or financial instability. President Biden on Wednesday signed an executive order tasking government agencies with a thorough study of cryptocurrencies.
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Expert Opinion: Bitcoin and Other Cryptos Soar. There Are Big Hopes for Biden’s Executive Order.
Bitcoin, the most popular cryptocurrency, went up 9% in the last 24 hours to nearly $42,000, according to CoinDesk statistics. Ether, a smaller rival, also increased substantially, jumping 7% to $2,750.
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NFTs Are Booming. What Investors Need to Know.
NFTs are captivating crypto-imagination. According to Chainalysis, digital assets will be worth $44 billion in 2021, up from nearly nothing in 2019. Although prices have subsequently fallen, the market is still estimated to be worth $30 billion.
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Bitcoin and Other Cryptos Rebound as Investors Return to Risk Assets
Bitcoin, the most popular cryptocurrency, went up 10% in the last 24 hours to around $38,500, according to CoinDesk statistics. It traded at $45,000 for the majority of the week but fell below $40,000 on Friday as geopolitical anxieties intensified.
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Young, Crypto-Savvy Voters May Hold Key to South Korea’s Next Election
Real estate is the most pressing problem on voters' minds in South Korea right now, since young people under the age of 24 earn roughly KRW 2.6 million (US$2,176) per month, pay exorbitant Seoul rent, and have little possibility of purchasing an apartment.
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Crypto Investors Should ‘Buckle Up’ For More Volatility: Harvard Lecturer
However, the asset is not yet out of the woods, according to Vikram Mansharanmani, a Harvard University professor and author of "Think for Yourself: Restoring Common Sense in an Age of Experts and Artificial Intelligence."
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Bitcoin Is Back Over $41,000 as Cryptos Regain Strength
Bitcoin has risen more than 3% in the previous 24 hours, reaching just under $41,700, as the crypto market appears to be regaining steam. At least one trader appears to have benefitted from the gains: Senator Ted Cruz of Texas (R-Texas).
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