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Cryptocurrency

Bitcoin and Cryptocurrencies Surge Amid Trade Optimism and Economic Data Anticipation

Bitcoin extended its gains on Thursday, building on the momentum from the prior session as improved sentiment in U.S. trade relations and broader risk appetite spurred positive price action. The cryptocurrency broke out of its typical $103,000 to $108,000 trading range, although market participants are still cautious ahead of crucial …

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Explainer: Pi In Silent Battle for Crypto Payroll Supremacy

The cryptocurrency landscape is evolving at breakneck speed, and stablecoins are emerging as a cornerstone for practical applications like payroll systems, offering stability in a volatile market. Meanwhile, Pi Coin, a mobile-first cryptocurrency with a massive global community, is carving out its own niche, aiming to redefine digital transactions. As …

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Bitcoin Struggles Within Range as Trade and Fiscal Uncertainty Weigh on Sentiment

Bitcoin experienced a slight dip on Wednesday, continuing its rangebound performance as persistent uncertainty around U.S. trade deals and the sweeping tax bill continued to dampen investor sentiment. The world’s largest cryptocurrency remained firmly within its established $103,000 to $108,000 trading range that has characterized much of June. At 01:14 …

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Bitcoin Struggles Amid Risk-Off Sentiment and Trade Uncertainty

Bitcoin experienced a decline on Tuesday, extending its overnight losses as broader market sentiment soured due to growing uncertainty surrounding U.S. trade tariffs and the fiscal implications of President Donald Trump’s tax and spending cut bill. The world’s largest cryptocurrency fell 1.5%, trading at $106,811.6 by 01:39 ET (05:39 GMT), …

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Bitcoin Rises Amid Optimism Over U.S. Trade Deals and Rate Cuts; Altcoins Lag Behind

Bitcoin rose on Monday, alongside broader cryptocurrency markets, as risk appetite surged with optimism over potential U.S. trade deals and growing expectations of interest rate cuts by the Federal Reserve. The world’s largest cryptocurrency advanced by 1% to $108,358.7 by 01:10 ET (05:10 GMT), breaking out of the trading range …

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Weekly Market Wrap: US Dollar Faces Turbulence Amid Mixed Signals

The US dollar experienced significant volatility last week, caught in a tug-of-war between positive and negative market forces. Support from Federal Reserve policymakers, led by Chair Jerome Powell, emphasized a cautious “wait-and-see” approach to interest rate cuts, bolstering the dollar. This stance was reinforced by stronger-than-expected consumer confidence, with the …

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Bitcoin Rises Amid Institutional Demand; Ceasefire Boosts Risk Sentiment

Bitcoin showed some positive movement on Thursday, rising by 1.4% to $107,751.9 as risk appetite continued to benefit from the ongoing ceasefire between Israel and Iran, though it remained within a familiar trading range. The largest cryptocurrency’s price remained below its weekly high of over $108,000, signaling that while momentum …

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Japan Eyes Lifting Crypto Ban: Bitcoin ETFs and Tax Cuts in Focus

Japan stands at a pivotal moment in its cryptocurrency journey, with proposed reforms signaling a bold shift toward a more progressive regulatory landscape. The Financial Services Agency (FSA) has put forward changes that could transform the crypto industry, including lifting the ban on Bitcoin exchange-traded funds (ETFs) and slashing taxes …

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