October 16, 2024
Sci & Tech

British pound debacle increases interest in bitcoin as a hedge

When investors start using bitcoin as insurance, you know as a developed country that your currency is in trouble.Following the release of Liz Truss’ mini-budget on September 23, which sent financial markets into a tailspin, some investors stampeded away from the pound and in the direction of cryptocurrencies. According to data from research firm CryptoCompare, […]

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Sci & Tech

Bitcoin surpasses $20,000 as the US dollar declines

On Friday, as the US dollar fell broadly and markets had reasons to be happy at the end of a gloomy week, bitcoin stormed through the $20,000 mark and was looking at its greatest day in six weeks.By market value, Bitcoin, the most valuable cryptocurrency, increased by more than 7% to $20,796. This is a […]

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Business

The cryptoverse had a good time with Bitcoin

NEW YORK/LONDON: Bitcoin has had a good month, which is something we haven’t stated in a while. It had been in freefall for months before rising more than 17% in July, its greatest showing since October. Since January 2021, ether has increased by 57%, which is a monthly high. The increase coincided with advances in […]

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