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Bitcoin Blasts to $64,853—Powell’s Rate Cut Hints Lift Entire Crypto Market

Bitcoin reached an impressive peak of $64,853 per unit on Friday, spurred by U.S. Federal Reserve Chair Jerome Powell’s speech at Jackson Hole, where he hinted at the possibility of…

Continue ReadingBitcoin Blasts to $64,853—Powell’s Rate Cut Hints Lift Entire Crypto Market

Bitcoin Bulls Charge Toward $62K as Fed’s Minutes Triggers Market Frenzy

Bitcoin’s price hit $61,838 per coin by 3:45 p.m. EDT on Wednesday, after spending much of the day lingering below the $60,000 mark. The crypto market mirrored the upward movement…

Continue ReadingBitcoin Bulls Charge Toward $62K as Fed’s Minutes Triggers Market Frenzy

Report: Kraken Considers IPO Amid Renewed Investor Interest

Kraken, one of the oldest cryptocurrency exchanges, is considering a final funding round ahead of a possible initial public offering (IPO) as soon as next year, according to Bloomberg. This…

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Over 50,000 Traders Liquidated as Bitcoin Price Surges Past $66,000 Amid Bullish Run-Up

On Wednesday, the price of bitcoin demonstrated strong growth, escalating by more than $4,200 from its daily low. This 7.1% increase against the U.S. dollar propelled bitcoin past the $66,000…

Continue ReadingOver 50,000 Traders Liquidated as Bitcoin Price Surges Past $66,000 Amid Bullish Run-Up