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Technical Analysis of Bitcoin and Ethereum: Uncertain Market Trends Amid Key US Economic Announcements

The performance of key cryptocurrencies, Bitcoin and Ethereum, continues to fluctuate with Bitcoin (BTC) drifting under the $28,000 threshold and Ethereum grappling under the $1,700 mark. The impending Federal Open Market Committee (FOMC) minutes have heightened this uncertainty, warming traders for shifts based on the US economy's stance. Bitcoin Performance Bitcoin's performance continued to be […]

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Exploring the 16-Year Bitcoin Cycle: A Comparative Analysis with the Dot-com Bubble

While the 4-year Bitcoin cycle is well-known, a larger, overarching 16-year cycle may be at play. This theory aligns with the human tendency to adopt new technologies in patterns and bears striking resemblance to another revolutionary technology – the internet. This article unpacks the hypothesis that Bitcoin is mirroring a 16-year cycle similar to the

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Bitcoin’s Hashrate Skyrockets: An In-depth Look at the Impending Reward Halving Amidst Market Challenges

Bitcoin's hashrate recently reached an all-time high, marking a significant moment in the cryptocurrency's history. Just a week ago, Bitcoin miners faced a minor increase in difficulty at block height 810,432. However, the hashrate, measured by the seven-day simple moving average (SMA), soared to an impressive 440 exahash per second (EH/s) on October 8, setting

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Unsettling Tides: SHIB Plummets to a Four-Month Low Amid Crypto Market Uncertainty

In a significant development on Monday, Shiba Inu took an unexpected turn south, plunging as much as 5%. This dip hinted at a bigger picture of cautious investor behavior, with the tide seemingly turning towards reliable reserves like gold. In the wake of this, Ripple's XRP also experienced a downtrend, reaching a three-week low. Shiba

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Global Market Shocks: U.S. Equities and Cryptocurrencies Stumble as Middle East Tensions Escalate; Oil and Metals Rally

Global market fluctuations were palpable on a particularly tense Monday as the four crucial U.S. indices veered off course. Such turbulence emerged as the animosity between Israel and Hamas intensified, transforming a diplomatic spat into an all-out war. This conflict sent shockwaves through the crypto economy, causing it to shrink by 1.8% against the U.S.

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Unmasking the Crypto Scandal: How Estonia’s Lax Licensing Attracted Fraudsters

Traditionally known for its pioneering digital innovation, Estonia's historically liberal approach to crypto regulation has come under fire. An investigative report suggests a dark underside to this policy, alluding to systemic exploitation that opened the floodgates for an array of cybercrimes, from financial fraud to money laundering. Since Estonia tightened its rules around crypto licensing,

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Impending Consequences on the U.S. Dollar: A Boon for Gold and Bitcoin?

Leading worldwide financial entity Jefferies sounds the alarm on the precarious state of the U.S. dollar paper standard, forecasting an outcome that could significantly profit both gold bullion and bitcoin enthusiasts. The expected continued commitment of G7 central banks, including the Federal Reserve, towards the augmentation of the central bank balance sheet in various forms,

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Elevating Payment Systems: Zimbabwean Central Bank Approves Gold-Backed Digital Tokens

In a transformative step towards modern banking, both individuals and establishments within Zimbabwe can now execute their domestic settlements through the use of newly launched gold-backed digital tokens, as approved by the nation's central bank. As stated by the central bank's governor, John Mangudya, the authenticity and sufficiency of the gold available to the tokens,

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