The $70B Meme Coin Market: Dogecoin Skyrockets Past a Half Dollar, DOGE Market Cap Eats Into BTC Dominance – Markets and Prices Bitcoin News

The popular meme-based crypto-asset dogecoin has seen incredible gains during the last 24 hours jumping over 40% since yesterday. After just recently capturing a $50 billion market valuation, Dogecoin’s market cap now exceeds $71 billion. Moreover, the meme-coin has been eating away at bitcoin’s market dominance, as dogecoin captures 3% […]

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Facebook Didn't Buy Bitcoin, But Crypto Whales Did

Key Takeaways Facebook did not report adding Bitcoin to its balance sheet during its quarterly earnings call this week. However, on-chain metrics show that other “whale” investors continue to accumulate BTC at every chance. Bitcoin must close decisively above the $54,400-$55,960 resistance barrier for the uptrend to resume. The crypto […]

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Venezuelan Programmer Who Created the Petro Token Regrets Participating in the Project — Works on an Alternative Token – Economics Bitcoin News

Venezuela’s government-backed cryptocurrency is not having the acceptance its cabinet expected, as the latest reports suggest. The petro’s creator, who now lives in exile, wants to build another crypto that gets the adoption its original creation did not in the nation. Jiménez Believed the Petro Could Have Given Venezuelans a […]

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Goldman Sachs Doubts Bitcoin as Store of Value Citing Environmental Problems and 'Lack of Real Use' – Markets and Prices Bitcoin News

Global investment bank Goldman Sachs is questioning whether bitcoin can be a long-term store of value and digital gold. The firm’s analysts cited various issues with the cryptocurrency, such as environmental problems, “lack of real use,” and competition from other cryptocurrencies. Goldman Sachs Sees Problems With Bitcoin as Long-Term Store […]

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