CryptoNews

Bitcoin’s Down Again: Is It the Government Shutdown or AI?

The leading cryptocurrency eased to $103K on Tuesday afternoon after climbing as high as $107K following a breakthrough in Congress to end the ongoing government closure. Government Shutdown or AI Bubble? The Reason Bitcoin is Down Japanese investment giant Softbank reported on Tuesday that it had offloaded its entire $5.83 billion stake in Nvidia, sending the chipmaker’s shares down nearly 3%.
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Bitcoin Dips as Concerns of an AI Bubble Mount

Analysts are getting increasingly skittish about the mind-bending dollar amounts being plowed into the red-hot artificial intelligence (AI) sector. The AI Bubble Anxiety: Why Bitcoin Is Falling “We are looking at commitments of about $1.4 trillion over the next 8 years,”…
CryptoNews

XRP ETF Expected to Launch Wednesday or Thursday as SEC Filing Confirms Final Step

The long-anticipated XRP ETF is on the verge of becoming reality, with market excitement soaring as regulatory filings and Nasdaq approval signal the first-ever U.S. spot XRP fund could begin trading within days. XRP ETF Nears Market Debut Wednesday or Thursday as Canary Races to Completion The first spot XRP ETF in the United States is expected to launch on Wednesday or Thursday, boosting…
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Court Crushes $364M Bitcoin Claim Against US Government

A federal appeals court has shut down one of the largest-ever bitcoin compensation claims, ruling that a convicted fraudster’s $364 million demand against the U.S. government came far too late and lacked credible proof. Court Rejects $364 Million Bitcoin Claim The U.S.
CryptoNews

Tom Lee’s Bitmine Snaps up More ETH, Expands Crypto War Chest to $13.2B

Bitmine Immersion Technologies says its total crypto and cash reserves have reached $13.2 billion after ramping up its ethereum stash to 3.5 million tokens. Bitmine Boosts ETH Treasury by 110K Tokens, Adds $398M in Cash Immersion Technologies (NYSE American: ) revealed on Nov. 10 that it now holds 3,505,723 ethereum ( ETH) valued at $3,639 per token, alongside 192 bitcoin and $398 million in…
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CryptoNews

Volume Fades, Nerves Rise: XRP Charts Signal Uncertain Days Ahead

With XRP now sitting at $2.30 to $2.31 over the last hour, marking a modest 1.6% gain for the day, the coin sports a market capitalization of $138 billion and a 24-hour trading volume of $2.48 billion. A tightly wound intraday range between $2.25 and $2.33 hints at caution beneath the surface sparkle. XRP Chart Outlook Let’s kick things off with the 1-hour XRP chart, which is giving a subtle…
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