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SINGAPORE (Reuters) -The global cryptocurrency market's value has topped $3 trillion as the election of Donald Trump as U.S. president spurred bets that friendlier U.S. regulation could usher in a ...
With continued adoption amplified by macro-economic and geopolitical uncertainty, short-term sentiments and market speculations, I expect bitcoin’s price to stay volatile with a general upward ...
While the inclusion of crypto on the budget suggests the administration may be bullish on crypto, a 30% tax would destroy the mining industry’s presence in the U.S., she tweeted.
CoinDesk is a global media, research, and events platform that was acquired by Digital Currency Group in 2016. [46] It reports on bitcoin blockchain daily news, provides a bitcoin price index and publishes a quarterly State of Bitcoin report. CoinDesk also hosts a conference on digital currencies and blockchain technologies named Consensus. [47]
Market sentiment, also known as investor attention, is the general prevailing attitude of investors as to anticipated price development in a market. [1] This attitude is the accumulation of a variety of fundamental and technical factors, including price history, economic reports, seasonal factors, and national and world events.
That caused a significant decline in XRP's market capitalization and created chaos on the markets. [2] [3] According to Bloomberg, in November 2019, Coinmarketcap introduced a Liquidity metric designed to combat fake trading volume. [4] In April 2020, Binance, a cryptocurrency exchange, acquired Coinmarketcap for an undisclosed amount.
In December, the price of Bitcoin soared to new highs, topping $100,000 for the first time, amid market enthusiasm following the election victory of crypto-friendly former President Donald Trump.
A report by Bloomberg suggested that cryptocurrency miners spent $15 billion on GPUs during the cryptocurrency mining craze since 2021. [3] Meanwhile, statistics suggested that 67% of the electricity powering Bitcoin mining during 2020 and 2021 was generated by fossil energy and that Bitcoin mining produced more than 85 million tons of CO2 ...