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Bitcoin (BTC) narrowed volatility on April 30 as the weekly and monthly candle closes loomed.BTC/USD 1-hour candle chart (Bitstamp). Source: TradingViewTrader sees BTC price upside capped at $32,500Data from Cointelegraph Markets Pro and TradingView tracked BTC/USD as it loitered just above $29,000 throughout the weekend.After unsettled price action earlier in
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Statistics recorded on April 15, 2023, show that the number of coins in circulation for the stablecoin BUSD dropped below the 7 billion range to 6.68 billion, marking the lowest number of BUSD in circulation since April 2021. Furthermore, data indicates that the supply of BUSD has shrunk by 19.8%
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The Nigerian crypto and Web3 startup Lazerpay announced on April 13 that it will cease operations. Co-founder and CEO Njoku Emmanuel said the decision to cease operations was made after Lazerpay failed to successfully close a funding round. The CEO also said he is ready to listen to offers from
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The saga of the Mt. Gox cryptocurrency exchange and the repayment of its creditors continues, as the company released a new statement as to what to expect now that its registration window has closed. On April 7, the former exchange released a statement from its rehabilitation trustee Nobuaki Kobayashi saying the deadline
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The decentralized lending platform was exploited in a March 13 flash loan attack, causing it to lose $197 million worth of crypto assets. In the late hours of Monday, the Euler Finance hacker finally returned the outstanding sum of $31 million, bringing the recovery efforts to a conclusive end. The decentralized lending
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Since May 2022, the Bitcoin (BTC) margin markets on the Bitfinex exchange have been plagued by an unusually high open interest of over $2.7 billion. This information alone should raise a red flag, especially in light of Bitcoin's price decline from $39,000 to less than $25,000 during the same period.Traders
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Bitcoin (BTC) is back below $28,000 as the countdown to the monthly close keeps everyone on their toes.BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView200-week trend line among popular BTC price targetsData from Cointelegraph Markets Pro and TradingView shows BTC/USD dropping to two-day lows of $27,533 on March 31.A modest bounce
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Signature Bank’s cryptocurrency clients have been reportedly given until April 5 to take their funds out and find another bank, or have their accounts closed by the federal regulator.According to reports, a United States Federal Deposit Insurance Corporation (FDIC) spokesperson said on March 28 that the agency was “reaching out
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The latest price moves in bitcoin (BTC) and crypto markets in context for March 24, 2023. First Mover is CryptoX’s daily newsletter that contextualizes the latest actions in the crypto markets. Source
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Bitcoin (BTC) approached a key weekly close on March 19 with traders concerned about a retest of lower levels.BTC/USD 1-hour candle chart (Bitstamp). Source: TradingViewBitcoin bulls must "step in" to protect $26,000Data from Cointelegraph Markets Pro and TradingView showed BTC/USD circling $27,000 on Bitstamp.After briefly tapping $28,000 into the weekend,
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