The collapse in cryptocurrency prices last year forced a procession of major companies out of business, prompting a government crackdown and wiping out the savings of millions of inexperienced investors. Nevertheless for a small group of corporate restructuring specialists, the cryptocurrency implosion has turned into a financial bonanza. Lawyers, accountants, consultants, cryptocurrency analysts and other […]
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Bitcoin has long been the benchmark for cryptocurrencies, guiding sentiment and market dynamics. But recent metrics reveal a disturbing trend. In fact, the pioneering digital currency seems to be losing its appeal. Analysis of market data, search trends, buying and selling volumes, and investor behavior reveals a disturbing pattern of declining interest. Bitcoin Investing Volumes […]
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A recent report reveals that the population of Turkey is rapidly adopting cryptocurrencies, with most aiming to build wealth in the long term rather than seeking quick profits. “Meanwhile, the Turkish lira has depreciated more than 50% against the US dollar, making cryptocurrencies a haven against inflation,” the study notes. Türkiye Adopts a Buy and […]
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Last week, Bitcoin’s volatility increased slightly as the cryptocurrency finally closed the week at $25,900. Recent Bitcoin price movements were primarily influenced by developments related to spot ETFs (Exchange Traded Funds) and actions taken by the US Securities and Exchange Commission (SEC) against the cryptocurrency sector during the summer months. To give you a quick […]
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Many people get carried away by the bad road for statements such as ‘Bitcoin takes in more energy than a small nation,’ or ‘Bitcoin Eclipsan carbon emissions in a million times those of a single visa transaction’. These types of statements often fell the flames of this discussion. However, a recent study reveals that extracting […]
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