Economy

Ohio Aims to Blaze a New Trail in Cryptocurrency: What You Need to Know
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Ohio Aims to Blaze a New Trail in Cryptocurrency: What You Need to Know

Ohio is positioning itself as a pioneer in cryptocurrency, with legislators crafting policies to protect users and support businesses in the digital currency sector. State Representative Steve Demetriou leads efforts to establish a cryptocurrency reserve, allowing up to 10% of Ohio’s funds
2025-03-14
The Rise of Tether: Unraveling the Most Valuable Stablecoin
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The Rise of Tether: Unraveling the Most Valuable Stablecoin

Tether, the leading stablecoin, is designed to bring the stability of the US dollar to the volatile cryptocurrency market. Founded in 2014, Tether was conceptualized by Reeve Collins, Brock Pierce, and Craig Stellers, aiming to merge traditional finance principles with digital currency
2025-03-13
The Crypto Rollercoaster: Inflation’s Surprise Boosts Bitcoin and Shakes Altcoins
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The Crypto Rollercoaster: Inflation’s Surprise Boosts Bitcoin and Shakes Altcoins

The U.S. Consumer Price Index fell to 0.2% in February, with yearly inflation at 2.8%, signaling a softer economic landscape. Core inflation, excluding food and energy, dropped to a multi-year low of 3.1%, creating global market optimism. The global crypto market cap
2025-03-13
The Calm Before the Storm: What Today’s Inflation Report and Crypto Rally Mean for You
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The Calm Before the Storm: What Today’s Inflation Report and Crypto Rally Mean for You

Economists anticipate a slight decline in both headline and core inflation rates, with expectations of a drop from January’s 3.0% to 2.9% and core inflation edging down from 3.3% to 3.2%. Bitcoin rallies to $83,014, showcasing a 4.68% increase over the last
2025-03-12
Global Markets in Turmoil: Recession Fears Trigger Tech and Crypto Crash
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Global Markets in Turmoil: Recession Fears Trigger Tech and Crypto Crash

Major equity indices, including the S&P 500 and Nasdaq Composite, suffered significant declines due to recession fears and trade tensions. Technology stocks, including Tesla and the “Magnificent Seven,” experienced notable value drops, reflecting broader market instability. The cryptocurrency market also faced turmoil,
2025-03-11
The Ripple Effect: How US Stock Market Turbulence is Shaking Up Cryptocurrencies
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The Ripple Effect: How US Stock Market Turbulence is Shaking Up Cryptocurrencies

The crypto market is experiencing heightened volatility due to turbulence in US technology stock markets. Bitcoin and Ether have recently experienced significant price declines, with Bitcoin dropping over 3% and Ether nearly 6%. The Nasdaq 100 Index’s significant drop of 3.8% has
2025-03-11
The Unraveling Cryptocurrency Saga: Markets Wobble as Confidence Shakes
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The Unraveling Cryptocurrency Saga: Markets Wobble as Confidence Shakes

Cryptocurrency markets experienced significant volatility, with Bitcoin dropping to $76,889 and Ether declining by 6% to $1,756. The Nasdaq 100 Index faced a sharp 3.8% drop, exacerbated by escalating trade tensions involving the U.S., Canada, Mexico, and China. Former President Trump’s initiative
2025-03-11
Bitcoin’s Rollercoaster Ride: Investors Grapple with Market Turbulence Amidst Economic Uncertainty
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Bitcoin’s Rollercoaster Ride: Investors Grapple with Market Turbulence Amidst Economic Uncertainty

Bitcoin briefly fell below $80,000, highlighting the cryptocurrency market’s volatility and causing widespread concern. Correlations between Bitcoin’s dip and a struggling equities market were observed, with significant drops in companies like Coinbase, Robinhood, and Strategy. Bitcoin Exchange-Traded Funds (ETFs) experienced substantial outflows,
2025-03-10

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