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Bitcoin Reigns Supreme in NFT Market With Record-Breaking $853 Million in December Sales

NFT Sales Surge: Bitcoin Holds Top Spot With Unprecedented December Rise In November, Bitcoin secured the leading position in monthly non-fungible token (NFT) sales. Surprisingly, Bitcoin continued to maintain its top status in December, accumulating a staggering $853 million in sales. Although NFT sales have decreased by over 35% in the past week compared to […]

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The Decline of BONK: A Look at the Recent Performance of the Meme Coin

Introduction The meme coin phenomenon, BONK (BONK), has captured the attention of users on the Solana network. However, in recent weeks, the cryptocurrency has experienced a significant decline, causing concern among investors. In this article, we will explore the recent performance of BONK and discuss its future trajectory in the highly competitive world of meme

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The U.S. Department of Justice Drops Second Trial Against FTX Founder Sam Bankman-Fried

Outrage in the Crypto Industry The decision by the U.S. Department of Justice (DOJ) not to pursue a second trial against disgraced FTX founder Sam Bankman-Fried (SBF) has sparked outrage within the crypto industry. Crypto exchange Coinbase has called the decision a "miscarriage of justice." The move has raised questions and concerns about potential political

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Ethereum Technical Analysis: Ether Bulls Clench the Reins and Charge Toward Resistance

Ethereum's Market Behavior Ethereum's market behavior on Dec. 27, 2023 presents a complex tapestry of signals for traders and investors alike. Oscillating within a 24-hour price range of $2,189 to $2,290, Ethereum demonstrated a consolidation phase, subtly hinting at both potential gains and imminent cautions. As the market capitalization holds at $273 billion with significant

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Is a Gold IRA Safe?

Self-Directed Gold IRAs can be a fantastic way to make investments in gold without having to deal problems associated with buying physical bullion. This type of account allows investors to purchase gold from the government directly and store it in their name. Although many prefer tangible gold items, everyone has access to it. In addition

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Microstrategy Acquires More Bitcoin, Raising Total Holdings to 189,150 BTC

Microstrategy Adds 14,620 Bitcoin to its Holdings Nasdaq-listed software intelligence firm, Microstrategy, has announced its latest purchase of 14,620 bitcoin, bringing its total cryptocurrency holdings to 189,150 BTC. The acquisition was made for approximately $615.7 million, at an average price of $42,110 per coin. This brings Microstrategy's total investment in bitcoin to around $5.9 billion,

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Solana DEX Platforms Surpass Ethereum in Market Performance

Solana DEX Platforms Outshine Ethereum in Market Performance Recent statistics have revealed that decentralized exchange (DEX) platforms built on Solana have surpassed Ethereum in market performance. In the past week, Solana-based DEX platforms achieved a trading volume of $1.447 billion, overshadowing the $1.282 billion recorded by Ethereum trading platforms. Solana's Price Surge and Airdrops Propel

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The U.S. SEC’s Cash-Only Requirement for Spot Bitcoin ETFs is “Nonsense,” Says Vaneck’s Director

Vaneck's Director Calls SEC's Requirement "Nonsense" Gabor Gurbacs, the director of Digital Assets Strategy at asset management firm Vaneck, has criticized the U.S. Securities and Exchange Commission (SEC) for its cash-only requirement for spot bitcoin exchange-traded funds (ETFs). He referred to this requirement as "Kabuki theatre" and believes it is unnecessary to restrict bitcoin ETPs

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Okx to Cut Ties With Privacy Coins Amid Regulatory Heat, Triggering Market Dip

Amidst the ongoing discussion surrounding Binance's decision to remove privacy coins, another cryptocurrency exchange, Okx, has announced its plans to delist several spot trading pairs associated with privacy tokens such as monero, zcash, and dash. Okx cites user feedback and its own delisting guidelines as the reasons behind this move. Privacy Tokens Take a Hit:

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