Bitcoin fell below $40,000 in 24 hours and Ethereum fell below $3,000

On April 12, Beijing time, the cryptocurrency market ushered in a pullback. Bitcoin fell 15 per cent in 24 hours and was last quoted at $39,682, falling below $40,000 for the first time since March 15, market data showed. Ethereum, meanwhile, fell 14%, last quoted at $2,969, falling below the $3,000 mark for the first …

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BitMEX founder: Bitcoin could fall to $30,000 by June

Bitcoin tends to follow tech stocks, meaning the world's largest cryptocurrency could fall to $30,000 by June, Arthur Hayes, co-founder of cryptocurrency trading platform BitMEX, said on Monday. Hayes said in a blog post on Monday that the same scenario could send Ethereum down to $2,500. Bitcoin and Ethereum are currently trading around $42,300 and …

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Can Bitcoin ever be a safe haven?

Although regulators have outlawed virtual currency business, "underground" virtual currency businesses continue to be banned. Guangzhou Development and Reform Commission carried out the first on-site remediation of virtual currency "mining" in Guangzhou in March this year. More than 190 virtual currency "mining" professional mining machines, worth more than 5 million yuan, were seized in a …

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Forecast what bitcoin (BTC), Ethereum (ETH) and Dogecoin (DOGE) prices will do this week

As the cryptocurrency market shows signs of weakness, a top cryptocurrency trader is changing his mind on major digital asset Bitcoin (BTC), top copywriter Ethereum (ETH) and popular meme token DOGE. The currency (BTC) Bitcoin failed to break above the $43,500 level and fell below $42,000 before recovering. At the time of writing, BTC was …

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From the bubble burst to see the virtual currency market development prospects

Cryptocurrencies, led by Bitcoin, have been on a roller coaster ride for the past six months, and after a series of record-breaking runs, they have recently started to fall off a cliff. After hitting an all-time high of more than $64,000 in mid-April, bitcoin halved in value within a month, and the market has exploded. …

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Shopify merchants can accept BTC payments through the Bitcoin Lightning network

Strike, a Chicago-based payment app, has integrated with global e-commerce giant Shopify so merchants can accept bitcoin payments through the Bitcoin Lightning network. Lightning Network (LN) is bitcoin's second tier extension solution designed to facilitate faster and cheaper transactions. Strike CEO Jack Mallers revealed the new integration at the Bitcoin 2022 Conference in Miami. The …

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Interest rate fears spread as cryptocurrency bitcoin fell back below $42,000

The price of bitcoin fell below $42,000 in trading today for the first time since March 23, largely on growing concerns about rising interest rates. Bitcoin fell as low as $41918 on Monday morning. Since peaking at just over $48,000 in late March, the currency has been weighed down by investor concerns about Fed tightening. …

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Near virtual currency prices will be Near all-time highs around $20

NEAR's price continued to rise for the second consecutive session. Prices have risen nearly 20% in the past two days, indicating a strong bullish undercurrent. NEAR prices are up 152% since Feb. 24, indicating continued buying pressure. The move follows NEAR's success in holding the $10.80 to $12.0 supply zone. The high and low swings …

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Kathy Wood: Bitcoin is a great hedge against inflation restated target of $1 million

Ark Investments CEO Kathy Wood reiterated her $1 million price target for Bitcoin at the Bitcoin 2022 conference in Miami on Thursday, calling the cryptocurrency "a great hedge against inflation." Bitcoin fell slightly to $433,000 in early trading, up nearly 3% from the same time last month, but is down 9% year-to-date and 25% year-to-date. …

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