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news-imageDecember 23, 2024

The Rising U.S. Dollar: What It Means for Bitcoin, Ethereum, and Other Cryptocurrencies in 2025

On December 23, pseudonymous analyst Marty Marty shared an analysis of the U.S. Dollar Index (DXY), highlighting its potential impact on financial markets, including cryptocurrencies. The DXY, which measures the strength of the U.S. dollar against a basket of major currencies, currently stands at 107.84.
Publisher: CryptoGlobe
Sentiment: Neutral
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cover-imageCoinPedia
December 23, 2024

Market Crash Ahead? Mt. Gox Moves $49.3 Million in Bitcoin

Amid ongoing market uncertainty, the defunct crypto exchange Mt. Gox has captured everyone's attention after transferring a million dollars worth of Bitcoin (BTC). Today, December 23, 2024, blockchain-based intelligence firm Arkham posted on X (formerly Twitter) that Mt. Gox has moved a substantial $49.3 million worth of BTC. Mt. Gox Moves $49.

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cover-imageCoinPedia
December 23, 2024

MicroStrategy Buys 5,262 BTC for $561 Million

MicroStrategy, the biggest corporate holder of Bitcoin, has increased its Bitcoin reserves once again. The company recently bought 5,262 BTC BTC for $561 million, paying an average of ~$106,662 per bitcoin. As of today, the company hodl 444,262 $BTC acquired for ~$27.7 billion at ~$62,257 per bitcoin.

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cover-imageThe Currency Analytics
December 23, 2024

Ethereum Whales Buy $1B Worth of ETH, Market Recovery Ahead

Ethereum (ETH) whales have made significant moves in the market, purchasing 340,000 ETH over the past three days, valued at over $1 billion. This massive accumulation has fueled speculation among investors and analysts about the potential end of Ethereum's correction phase and the start of a market recovery.

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cover-imageCrypto Economy
December 23, 2024

Nexo's ETF Proposal Blends Bitcoin Growth with Carbon Sustainability

TL;DR Nexo, in collaboration with 7RCC Global, has proposed the world's first ESG-focused Bitcoin ETF, blending Bitcoin's growth potential with environmentally sustainable investment practices. The Nexo 7RCC ETF will allocate 80% of its portfolio to Bitcoin and 20% to Carbon Credit Futures, ensuring adaptability to regulatory changes while fostering sustainable investment practices.

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cover-imageCryptoSlate
December 23, 2024

Metaplanet adds another 619 BTC to its holdings

Japanese Bitcoin-focused firm Metaplanet has significantly increased its crypto portfolio following its recent US market expansion. On Dec. 23, the company, listed on the Tokyo Stock Exchange and trading on the US OTCQX Market as MTPLF, said it acquired 619.70 BTC for 9.5 billion yen ($60.7 million).

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cover-imageCrypto news
December 23, 2024

El Salvador celebrates Christmas 2024 by buying another Bitcoin

El Salvador's festive holiday celebrations amid IMF restrictions. As the country adds to its Bitcoin (BTC) reserve, El Salvador's Christmas 2024 celebration has a distinctive Bitcoin-themed Christmas tree, further demonstrating the country's everlasting dedication to the original cryptocurrency.

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