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Bitcoin Rises Nearing $49,600

Bitcoin returned to gains on Wednesday, following a steep decline on Tuesday that erased all of its weekly gains. The world’s largest cryptocurrency is up by 4.67% at $49,580.6, reducing its losses during the past seven days to 3.34%. Earlier today, the digital currency exceeded the $50,000 level. Square, a …

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U.S. New Home Sales Rise in January

New single-family home sales in the United States increased in January, data showed on Wednesday. This comes as the housing market in the U.S. continues to show strong activity, amid low mortgage rates and limited supply. New home sales grew by 4.3% to a seasonally adjusted annual rate of 923,000 …

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Bitcoin Rises Again Above $50

Bitcoin returned to trade above $50,000 on Wednesday, after a sharp sell-off in the previous two sessions, after Square announced the purchase of $170 million in Bitcoin as part of its ongoing commitment to the cryptocurrency. The cryptocurrency lost 15% of its record high earlier in the week due to …

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