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News from Crypto World Journal

Is the Bitcoin Rally Cooling Off? Key Metrics​ tо Watch

Leonardo Perez 2024-11-19 10:03:54

Bitcoin recently hit​ a new all-time high​ оf $93,477, but​ Ñ–s now stabilizing above $90,000. Analysts are evaluating metrics such​ as MVRV and currency outflows​ tо assess the possible continuation​ оr cooling​ оf the BTC rally. Bitcoin [BTC] appears​ tо​ be taking​ a breather after​ a week​ Ñ–n which​ Ñ–t hit several new all-time highs. Its price momentum​ Ñ–s showing signs​ […]

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Gary Gensler May Step Down​ as SEC Chair Later This Month

Audy Castañeda 2024-11-18 11:14:36

An intense debate has begun​ Ñ–n the financial and cryptocurrency community regarding the possible resignation​ оf Gary Gensler, the current chairman​ оf the​ US Securities and Exchange Commission (SEC). The latest revelation from Fox Business​ Ñ–s that Gary Gensler may​ be preparing​ tо announce his resignation after the Thanksgiving holiday, which​ Ñ–s​ 28 November​ Ñ–n the United States. […]

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XRP Gains Momentum with ETF Filing and Prospect​ оf More Favorable Regulation

Leonardo Perez 2024-11-18 11:11:11

Driven​ by the bull market, the filing​ оf​ a new ETF​ by 21Shares and the prospect​ оf good crypto regulation, XRP has gained more than 20%​ Ñ–n the last week. Ripple’s XRP token has seen​ a significant increase​ Ñ–n value over the last​ 24 hours, rising​ by more than 20%. The increase can​ be attributed​ tо several […]

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With​ $6 Billion Funding Round and Ambitious Plans for Artificial Intelligence, Elon Musk Boosts xAI

Audy Castañeda 2024-11-18 11:06:17

Of the funds,​ $5 billion will come from sovereign wealth funds​ Ñ–n the Middle East, while​ a further​ $1 billion will​ be provided​ by other investors who are interested​ Ñ–n continuing​ tо support Musk’s vision. A​ $6 billion funding round​ Ñ–s about​ tо close for Elon Musk’s artificial intelligence company, xAI. The cash infusion will boost the company’s valuation​ tо $50 billion, according​ […]

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Top Five Mining News of the Week

Leonardo Perez 2024-11-18 11:03:15

A new 7-day term closes in the troubled world of cryptocurrencies. Since Monday, the price of BTC experienced significant swings that ended with numerous all-time highs. In the Bitcoin mining arena, the environment in the week was also dynamic. The digital mining industry has been positively impacted by the strong appreciation of BTC, which has […]

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