Tag: Dip

‘Dip,’ ‘Buy’ and ‘Fed’ top trending topics on social media, per survey

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[ad_1] Over the past seven days, the top trending words on cryptocurrency social media are “dip,” “buy” and “Fed.” Plus, the word “sell” fell out of the top 10 trending topics on Thursday despite spiking sharply on Tuesday.  According to crypto market data aggregator Santiment, social media users from Meta to Telegram to Twitter have formed a choir, and they’re all singing from the same hymn sheet. “Dip” and “buy” are the No. 1 and No. 3 trending words, respectively, while “Fed,” or Federal Reserve, sits at number six. The…

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Cathie Wood’s ARK snaps up $80M Robinhood shares after crypto led price dip

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[ad_1] ARK Invest, the investment management firm focused on innovative tech led by Cathie Wood, took advantage of a dip in the price on Wednesday to buy nearly $80 million worth of Robinhood stock. As per daily trading data, Wood’s ARK purchased a total of 2.24 million shares of Robinhood across three of Ark’s ETF funds, with the majority of shares going to the flagship fund ARK Innovation ETF. Robinhood now accounts for 1.33% of the Innovation ETF. On Oct. 27, the trading platform had declared a 78% decline in…

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El Salvador Now Owns 700 Bitcoin as President Bukele Buys Price Dip

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[ad_1] El Salvador’s President Nayib Bukele confirmed via Twitter Monday that the Latin American nation has bought the “Bitcoin price dip,” exchanging dollars for Bitcoin at a time he believes it remains undervalued by the global market. The price of Bitcoin was around $45,700 dollars at the time of Bukele’s tweet announcing the purchase, down from highs near $50,000 earlier in the week. On September 6, the day before Bitcoin was officially declared legal tender in El Salvador, the president announced that the country bought its first 400 BTC, at…

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El Salvador buys the dip as Bitcoin Law goes live, 101 Bored Ape NFTs sold for $24M, Ukraine passes crypto legislation: Hodler’s Digest, Sept. 5-11

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[ad_1] Coming every Saturday, Hodler’s Digest will help you track every single important news story that happened this week. The best (and worst) quotes, adoption and regulation highlights, leading coins, predictions and much more — a week on Cointelegraph in one link. Top Stories This Week Ukraine passes legislation to recognize and regulate crypto The Ukrainian parliament adopted the draft law “On Virtual Assets” Wednesday, which legally recognizes crypto in the country for the first time. Anastasia Bratko of the Ministry of Digital Transformation said the law allows companies to…

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El Salvador Buys the Dip, Country’s BTC Stash Grows – News Bitcoin News

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[ad_1] Bitcoin is now legal tender in El Salvador, and the country’s bitcoin stash has grown to 550 coins. The Salvadoran government started buying the cryptocurrency Monday ahead of the Bitcoin Law taking effect. On Tuesday, President Nayib Bukele said El Salvador bought the dip. El Salvador Buys More Bitcoin El Salvador’s Bitcoin Law came into effect Tuesday, Sept. 7, making BTC a national currency alongside the U.S. dollar. El Salvador has been buying bitcoin ahead of the Bitcoin Law taking effect. President Nayib Bukele announced Monday that his government…

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Bitcoin cancels entire day’s BTC price dip with fresh push above $46K

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[ad_1] Bitcoin (BTC) staged yet another classic comeback on Aug. 13 as a day of losses abruptly flipped positive. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView Bitcoin routs bears in classic style Data from Cointelegraph Markets Pro and TradingView showed BTC/USD rising from below $44,000 to top $46,300 in hours. Friday’s 5.5% gains erased the entire previous day’s downtrend, once again proving bulls’ staying power at price levels above $40,000. “Well, hello Bitcoin,” Cointelegraph contributor Michaël van de Poppe summarized ahead of a YouTube update on the day. The latest…

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Price Dip Bitcoin Market Bull

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[ad_1] This Week In Bitcoin is a new segment covering the events of the week that occurred in the Bitcoin industry, covering all the important news and analysis. Summary This was the week of El Salvador. Since President Nayib Bukele’s announcement in Miami at Bitcoin 2021 that El Salvador would adopt bitcoin as legal tender, the internet has been ablaze. The country’s parliament has since made it official, voting with a supermajority in favor of the bill. There have also been talks of setting up mining operations in the country…

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Miami Mayor Confident Crypto Regulatory Issues Will Be Resolved — Says ‘Buy the Dip’ – Regulation Bitcoin News

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[ad_1] The mayor of the U.S. city of Miami, Francis Suarez, explains how he plans to make his city the capital of bitcoin. He believes that issues surrounding cryptocurrency “will work themselves out,” adding that “in the end, there is only one thing to do: buy the dip.” Miami Strives to Become the Capital of Bitcoin Miami Mayor Francis Suarez gave a speech at the Bitcoin 2021 conference in his city on Friday. He highlighted various efforts to make Miami the bitcoin capital. Firstly, he said that Miami was the…

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Study Shows NFT Sales Plummeted 90% Over the Last 30 Days, NFT Wallets Dip 70% – Blockchain Bitcoin News

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[ad_1] According to a recent study, non-fungible token (NFT) sales have dive-bombed 90% since the market’s record sales on May 3. Market data shows over 130,000 NFT sales that day and 30 days later sales are down to a touch over 84,000, dropping more than 35% last month. Protos.com Study Claims ‘NFT Bubble Has Popped’ Non-fungible tokens (NFTs) have been all the rage in 2021 and sales continue to this day. However, a recent study published by protos.com indicates that NFT sales have been dropping and NFT sale values have…

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Bitcoin Dip Relationship Advice – Bitcoin Magazine: Bitcoin News, Articles, Charts, and Guides

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[ad_1] Marriage during the dip can be maddening, yet enlightening. Here are some lessons I’ve learned from the last two bitcoin dips. I have been married for just over a year, and few things have caused my wife and I as much friction as bitcoin. Financial fitness, or lack thereof, is one of the determining factors in relationships that either last or get trashed. So learning from your joint journey on the path to financial well-being is imperative for a rewarding relationship. However, if you’re like me and believe that…

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