Business - Page 73

The Ripple Effect: SEC Case Concludes, Sparking a Crypto Surge
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The Ripple Effect: SEC Case Concludes, Sparking a Crypto Surge

The court battle between Ripple and the SEC has concluded, impacting the cryptocurrency market significantly. Ripple’s XRP token experienced a significant 12% increase following the legal resolution, alleviating investor concerns. The result has fueled optimism across the crypto market, with Bitcoin trading
2025-03-19
Bitcoin’s Uncertain Path: Will It Break Free from the $100,000 Hurdle?
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Bitcoin’s Uncertain Path: Will It Break Free from the $100,000 Hurdle?

Bitcoin is approaching the $96,000 mark, entangled between resistance and support as it aims for the elusive $100,000 threshold. BTC recently neared $99,500, but retreated to approximately $94,888, reflecting the ongoing struggle between bullish and bearish forces. Currently hovering under $97,200, Bitcoin
2025-02-24
Bitcoin’s Murky Waters: Is the Tide Turning Against Investors?
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Bitcoin’s Murky Waters: Is the Tide Turning Against Investors?

Bitcoin’s price movement is currently showing stagnation, with the Coinbase Premium Index dropping below zero. A negative premium indicates reduced demand from US investors, highlighting a bearish sentiment compared to global counterparts. The Bitcoin ETF market witnessed a significant outflow of $559
2025-02-24
Debunking the Crypto Myth: Why Price and Supply Comparisons Mislead Investors
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Debunking the Crypto Myth: Why Price and Supply Comparisons Mislead Investors

Ripple’s CTO, David Schwartz, emphasizes the need for deeper analysis of cryptocurrencies beyond price and supply comparisons. Misleading metrics, like comparing coin prices directly, can lead investors to incorrect conclusions about value. Key factors to consider include total supply, market capitalization, liquidity,
2025-02-24
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