Bitcoin Shows Modest Gains on Valentine’s Day Despite Inflation and Declining Trading Volume

Strong fourth quarter results from Coinbase helped buoy bitcoin amid worries about inflation from disappointing CPI data earlier in the week. BTC Shows Slight Uptick Despite Worries of Inflation and a Slump in Trading Volume Bitcoin (BTC) is trading at $96,767.00 on Valentine’s Day, marking a 0.97% increase over the past 24 hours. Despite this […] Source link

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Detroit Aims to Drive Digital Asset Innovation on Day Three of the America Loves Crypto Tour

Crypto-natives and fans of Detroit rapper Big Sean flocked to the Lager House, just outside of downtown Detroit, for the third stop of the America Loves Crypto Tour. The event provided both an evening of live entertainment and a call to action to get out the crypto vote in the upcoming 2024 elections following previous stops in Arizona and Nevada. Michigan is considered a battleground state, and the Stand With Crypto Alliance sees the state’s 940,000 bi-partisan Bitcoin and crypto owners — 25,000 of which are Stand With Crypto members…

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Nevada Welcomes Bitcoin and Crypto: Day Two of the America Loves Crypto Tour

The speakers and performers at the second night of the America Loves Crypto tour were just as impassioned and driven to get out the crypto vote as those from the first night of the tour. The political figures and crypto industry leaders present at this event, which took place at The Space in Las Vegas, included Sonny Vinuya, Outreach Director for Nevada Governor Joe Lombardo (R); Rudy Pamintuan, Nevada Lieutenant Governor Stavros S. Anthony’s Chief of Staff (R); Nevada State Treasurer Zach Conine (D) and Kate Rouch, Chief Marketing Officer…

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Latest update — Former FTX CEO Sam Bankman-Fried trial [Day 3]

Cointelegraph reporters are on the ground in New York for the trial of former FTX CEO Sam “SBF” Bankman-Fried. As the saga unfolds, check below for the latest updates. Oct. 5: Yedidia cross-examination in focus Day 3 of the #SBF trial, we’re here bright and early! ☀️ pic.twitter.com/PQ1rQV38Px — Cointelegraph (@Cointelegraph) October 5, 2023 A liability of $8 billion from Alameda to FTX was at the center of prosecutors’ cross-examination of Adam Yedidia on Oct. 5. Yedidia is a close friend of Sam Bankman-Fried and was a developer at FTX.…

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Ethereum futures ETFs garner lukewarm reception on first day of trading

The rush of excitement that accompanied the launch of nine new Ethereum futures exchange-traded funds (ETFs) appears to have yielded little in the way of investment dollars in comparison. On Oct. 2, nine new ETF products, which are designed to track futures contracts tied to the value of Ethereum’s native currency Ether (ETH) arrived on the market. Of these funds only five hold exclusively Ether futures, while the other four track a mixture of Bitcoin and ETH futures contracts. “Pretty meh day of volume,” wrote senior Bloomberg ETF analyst Eric…

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Memorial Day Reflections: Reinvigorating Critical Thought, Bitcoin Can Honor Service Members

This is an opinion editorial by Mickey Koss, a West Point graduate with a degree in economics. He spent four years in the infantry before transitioning to the Finance Corps. “That was before my time… Of course it’s true, everybody knows it’s true.” The quote above is from the movie “The Sea Beast.” And although the film never mentions Bitcoin specifically, it might just be one of the best Bitcoin movies I’ve ever seen.  Source It is set in a fictional world gripped by perpetual war between a sea-faring economic…

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