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Bitcoin's Tumble to $91K Evokes Thanksgiving 'Massacre' of 2020


Bitcoin suffered a steep decline four years ago around Thanksgiving after being turned away at the $20,000 level.The action this year after failing at $100,000 is similar, though less severe so far.Those who bought the dip in 2020 didn't have to wait long to be rewarded

This Hedge Fund Now Has a 1,000x Profit on Bitcoin


Pantera Capital Management, which launched its Bitcoin Fund in July 2013, has seen a 1,000-fold increase with returns of over 132,118%. The hedge fund started buying bitcoin back when one token cost $74. Pantera CEO Dan Morehead believes that the cryptocurrency could be worth $740,000 by April 2028

Ethereum Blob Usage Explodes as Traders Rush to Layer 2 Solutions


Ethereum has seen a surge in blob usage, averaging over 21,000 blobs this month, matching March's record activity.The Dencun upgrade allows Layer 2 solutions to efficiently bundle transactions and post them to Ethereum.Blob fees spiked, leading to the burning of over 166 ETH worth $560,000 in...

MEXC Raises the Bar: Supercar Giveaway Boosted to 12,000,000 USDT


PRESS RELEASE. Singapore, November 25, 2024 – MEXC, one of the world’s foremost cryptocurrency platforms, has unveiled a major upgrade to its ongoing “Supercar Giveaway” event. In response to overwhelming user enthusiasm, MEXC has increased the prize pool from 10,000,000...

Crypto Staking Goes Live on Starknet in First for Ethereum L2 Blockchains


Starknet has become the first major layer-2 rollup on top of Ethereum to let users earn money by staking their tokens.Anyone who has at least 20,000 STRK tokens (roughly $12,000 at recent prices) can pledge the asset as collateral and earn rewards for validating transactions. Users with less than...

Vaneck Analysts Forecast Bitcoin’s Path to $180,000 Amid Regulatory Shift


Vaneck analysts Nathan Frankovitz and Matthew Sigel believe bitcoin’s price surge to record highs reflects a transformative moment for the digital asset, with a potential cycle target of $180,000 driven by favorable U.S. regulatory developments. Bitcoin Rallies on Regulatory Optimism, Vaneck...

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