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Bitcoin (BTC) has dropped nearly 15% from its yearly high of around $31,000, with the recent regulatory crackdowns on Coinbase and Binance crypto exchanges and the Federal Reserve's hawkish forward guidance accelerating its selloff.Still, Bitcoin is up 60% year-to-date (YTD), holding above a technical support level of $25,000. Moreover, a
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The final quarter of 2020 saw the launch of a precedent-setting lawsuit by the United States Securities and Exchange Commission against Ripple Labs, CEO Bradley Garlinghouse and co-founder Christian A. Larsen. The allegation: raising north of $1 billion in 2013 through the unregistered sale of a purported security, XRP (XRP).The
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Bitcoin (BTC) swiftly erased its month-to-date losses into June 7 as volatility returned to ultimately favor the bulls. BTC/USD 1-hour candle chart on Bitstamp. Source: TradingViewBTC price cancels Binance, Coinbase dipData from Cointelegraph Markets Pro and TradingView showed BTC/USD hitting $27,388 on Bitstamp — almost a new June high.The pair continued
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Share Share on Twitter Share on LinkedIn Share on Telegram Copy Link Link copied The crypto market may recover and rally. Altcoins such as TOADS by DigiToads and AAVE by Aave could lead by surge. The projects behind these tokens have solid fundamentals and may rally, expanding investors’ diversified portfolios. Notably,
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Share Share on Twitter Share on LinkedIn Share on Telegram Copy Link Link copied Arthur Hayes, the co-founder & CIO of the cryptocurrency and derivative trading platform BitMEX, suggests “Patience is Beautiful” in an essay dated June 1, 2023. In his in-depth write-up, he highlights the Federal Reserve and U.S. Treasury
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This multi-year partnership between the two players aims to provide immersive digital experiences and enhance fan engagement, showcasing the potential of Web3 technology in connecting people. In a recent development, Red Bull Formula One Racing team announced its multi-year partnership with Mysten Labs’ Sui Network. This comes less than a
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The Sui Network, backed by Mysten Labs, has announced a multi-year partnership with the Red Bull Formula One Racing Team less than a month after the blockchain’s mainnet went live.In a June 1 announcement, Sui Network said it would be the official blockchain partner of the racing team, scheduled to
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“Oracle Red Bull Racing was an early adopter of Blockchain technology in Formula 1," Oracle Red Bull Racing Team Principal and CEO Christian Horner said. "Partnering with Sui will elevate that experience, making access easier, more secure and engaging.” Source
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Bitcoin (BTC) is entering a new “speculation cycle” typical of a bull run, new analysis says.In a tweet on May 16, Philip Swift, creator of data resource LookIntoBitcoin and co-founder of trading suite Decentrader, revealed history repeating itself according to the RHODL Ratio metric.RHODL Ratiocreator on BTC price: "Zoom out"RHODL
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On Tuesday, the transaction fees on bitcoin represented 75% of the current block reward, currently at 6.25 BTC, as opposed to the usual 2%-5%, said Tim Rainey, treasurer at Greenidge Generation Holdings (GREE). “This is approximately equivalent to the increase in mining revenue if the bitcoin price surged from the
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