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Bitcoin’s Rollercoaster, Metaverse Hype, and Broader Market Concerns: This Week’s Recap

It’s been a very volatile week in the cryptocurrency market. Despite the turbulence, some altcoins managed to hold their ground and even appreciated in value, but the same can’t be…

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FTX’s Sam Bankman-Fried: Solana Has a Real Shot at Becoming the Next Bitcoin

The Founder of the cryptocurrency exchange FTX – Sam Bankman-Fried – believes Solana (SOL) could become the next most dominant digital asset project. He added that Avalanche (AVAX) is another…

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Crypto Market Down $200B as Wall Street Futures Tumble on Renewed COVID-19 Concerns

The new COVID-19 variant coming from South Africa has brought more pain to all financial markets. As the futures contracts of the world’s most prominent stock indexes have slumped, the…

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India Might Prefer Stricty Regulations Instead of Outright Banning Crypto: Zebpay’s CEO

Avinash Shekhar – Chief Executive Officer of the cryptocurrency exchange Zebpay – predicted that the Indian lawmakers are more likely to impose tough rules on the digital assets than prohibit…

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Bitcoin Accumulation Accelerates as Whales Buy 0.29% of BTC’s Total Supply in a Week: Analysis

Bitcoin’s price trading below $60,000 for over a week now has allowed some whales to accumulate more portions of the asset. On-chain data suggests that long-term holders and whales have…

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PlanB: November $98K Bitcoin Target Will Probably be Floor Model’s First Miss

PlanB admitted that his worst-case scenario in terms of BTC’s price movements is about to be proven wrong for the first time. The analyst’s model forecasted a $98,000 price tag…

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Metaverse Up, Memecoins Down: Bitcoin Consolidation Continues (Market Watch)

After another volatile 24 hours in which BTC went from $56,000 to above $58,000, the cryptocurrency has stalled again around $57,500. Most larger-cap altcoins are slightly in the red, while…

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