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Bitcoin Drops Below $97K: Is the Bull Run Running Out of Fuel?

The cryptocurrency market faced a significant setback as Bitcoin slipped below the $97,000 mark, sparking concerns about the sustainability of its recent bull run. This price drop comes amid heightened market volatility and a series of external economic factors weighing on risk assets. What Triggered the Drop? Bitcoin’s decline follows a period of optimism where it rallied on hopes of …

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Ignoring Bitcoin Poses Greater Risk Than Adopting It, Says Fidelity

Global financial powerhouse Fidelity has stirred debate with its latest report, asserting that nation-states risk more by ignoring Bitcoin than by allocating a portion of their reserves to it. The report underscores the growing relevance of cryptocurrencies as a hedge against economic uncertainties and a potential tool for financial sovereignty. Key Insights from the Report Fidelity’s analysis highlights Bitcoin’s unique …

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Portugal’s BiG Bank Halts Crypto Transfers, Raising Concerns for Traders

Portugal’s Banco de Investimento Global (BiG Bank) has reportedly suspended transactions to cryptocurrency platforms, marking another blow to the crypto-friendly reputation of the country. This move has left traders and investors scrambling for alternatives as concerns over regulatory pressures mount. Details of the Ban According to reports from customers, BiG Bank has halted all outbound transactions to major cryptocurrency exchanges …

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Bitcoin Tumbles Below $97K as $555M Liquidated Amid Strong US Economic Signals

  The cryptocurrency market witnessed a sharp downturn as Bitcoin (BTC) fell below the $97,000 mark, triggering widespread liquidations across the market. Over $555 million in leveraged positions were wiped out in the past 24 hours, shaking investor confidence. Market Context The drop comes amid strengthening U.S. economic indicators, which have bolstered the U.S. dollar and raised expectations of tighter …

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Varun Dhawan Acquires Two Luxury Apartments with Mother and Wife Totalling Rs. 86.92 Crore in Mumbai: Square Yards

Bollywood star Varun Dhawan has purchased two luxury properties, one with his mother Karuna David Dhawan and another with his wife Natasha, in Mumbai’s upscale Juhu locality. According to registration documents reviewed by Square Yards, Dhawan acquired both residences within the same residential project. He purchased one property on the 6th floor in collaboration with his mother, Karuna David Dhawan, …

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