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Crypto Review - Page 79


Elon Musk’s Tesla Holds Its $1.3B Bitcoin Position in Q2
Elon Musk’s Tesla Holds Its $1.3B Bitcoin Position in Q2

Despite its recent concerns about bitcoin’s environmental impact, Tesla hasn’t sold any more bitcoin. Elon Musk’s electric vehicle company reported no new sales or purchases of digital assets, according to its Q2 earnings presentation Monday. The company holds $1.3 billion.

Bitcoin price drop to $37K has analysts wary of calling a ‘trend change’
Bitcoin price drop to $37K has analysts wary of calling a ‘trend change’

Bull market optimism returned to the cryptocurrency market on July 26 after Bitcoin (BTC) price rallied above the $40,000 level for the first time in over six weeks. Today’s rally to $40,581 was a continuation of the July 25 breakout.

Crypto Long & Short: Why Ethereum’s ‘London’ Upgrade Matters
Crypto Long & Short: Why Ethereum’s ‘London’ Upgrade Matters

In T-minus 10 days, the Ethereum blockchain will undergo its 11th backward-incompatible upgrade, also called a “hard fork.

BTC gains 15% in 3 hours amid tight squeeze
BTC gains 15% in 3 hours amid tight squeeze

The price of Bitcoin has surged more than 10% over just a few hours earlier today, with prices quickly surging from roughly $35,000 to tag just shy of $40,000 on July 26. Price action shows a violent short squeeze that.

U.K. Banks Prepared for Negative Rates in Case Recovery Crumbles
U.K. Banks Prepared for Negative Rates in Case Recovery Crumbles

Britain’s biggest financial institutions are on track to meet the Bank of England’s deadline to be ready for negative interest rates, giving authorities another tool to aid the economy if the recovery fades. Banks including Natwest Group Plc, HSBC Holdings.

Bitcoin tops $39,000 for the first time in nearly 6 weeks, adding $114 billion to the crypto market
Bitcoin tops $39,000 for the first time in nearly 6 weeks, adding $114 billion to the crypto market

Bitcoin surged Sunday evening topping $39,000 for the first time since mid-June as sentiment turned bullish following a recent sell-off. The cryptocurrency was trading at around $38,059.84 at 11:05 p.m. ET, according to CoinDesk data, up nearly 11% from the.

NFT Craze Remains a Nonfactor for Ether’s Price
NFT Craze Remains a Nonfactor for Ether’s Price

Not everyone’s happy with the rapid growth of the non-fungible tokens (NFTs), especially some people who are already inside the volatile crypto market for a bit longer time, aka, the “crypto natives.” As NFTs gain popularity despite an overall bearish.

3 reasons why traders think Bitcoin price bottomed at $29,500
3 reasons why traders think Bitcoin price bottomed at $29,500

Traders are showing a renewed sense of hope after Bitcoin (BTC) price held onto the $32,000 range for what could be the second day in a row. CME futures see a bullish surgeAccording to a recent report from Delphi Digital,.

Risk demand recovery has given Bitcoin a chance to rebound
Risk demand recovery has given Bitcoin a chance to rebound

Cryptocurrencies took advantage of the rebound in the stock market, locally offsetting the recent decline. From a broader perspective, the coin only manages to offset part of the losses but globally it still fails to return to growth. Bitcoin adds.

Rothschild Investment Corp has increased its Bitcoin exposure by 300% since April
Rothschild Investment Corp has increased its Bitcoin exposure by 300% since April

Billion-dollar investment firm Rothschild Investment Corp quadrupled its exposure to Bitcoin (BTC) since April, new records show. In a filing with the United States Securities and Exchange Commission (SEC) on Saturday, Rothschild confirmed that it now owns 141,405 shares of.

Circle Reveals Assets Backing USDC Stablecoin
Circle Reveals Assets Backing USDC Stablecoin

The majority of Circle’s USDC stablecoin is backed by U.S. dollars, the company revealed on Tuesday. Circle, a global payments company, was one of USDC’s creators. It published a breakdown of its assets backing the stablecoin for the first time.

Bitcoin drops back below $30,000, heads toward new low for the year
Bitcoin drops back below $30,000, heads toward new low for the year

The price of bitcoin dropped below $30,000 late Monday night for the first time since Jun. 22, dragging other digital coins lower with it. Bitcoin is trading in the $29,000 range, about 3% lower on the day, according to Coin.

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