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At the time of writing, solana is trading at around $166.28, up 6.23% in the past 24-hour period, according to CoinDesk Research's technical analysis model. Upexi (UPXI), a Tampa-based consumer brands company listed on Nasdaq, announced Friday it has secured approximately $200 million in new financing through a combination
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As bitcoin pushed past all-time highs and other cryptocurrencies surged, the rise in stablecoin supply is offering a signal that this rally may have deeper roots.Tether’s USDT and Circle’s USDC, the two largest dollar-pegged stablecoins, each reached new record supplies this week, according to TradingView data. Since the start
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Opinion by: Irina Heaver, crypto lawyerThe crypto markets are undergoing a hard reset. The speculative hype of 2021 is now a thing of the past.Memecoins and DeFi derivatives no longer move markets like they used to. Investors are no longer chasing vapor; they are looking for substance. They want tangible
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Robinhood Crypto is under investigation in Florida for allegedly falsely advertising its platform as the least expensive way to buy crypto.In a Thursday press statement, Florida Attorney General James Uthmeier said his office has evidence to suggest that crypto traders actually pay more, on average, when using Robinhood than when
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Love, lies and lost coins: How online flirtation ends in crypto fraud
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Lawmakers in Washington are gearing up to pass three bills for the blockchain industry in an event they have dubbed “crypto week.” The US Congress has been working on legislation that the crypto industry lobby says will help bring clarity to the industry and help it grow, primarily through two
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CoinDesk Indices presents its daily market update, highlighting the performance of leaders and laggards in the CoinDesk 20 Index.The CoinDesk 20 is currently trading at 3513.86, up 5.3% (+176.17) since 4 p.m. ET on Thursday.All 20 assets are trading higher.Leaders: HBAR (+13.5%) and ADA (+12.6%).Laggards: AAVE (+2.1%) and SUI (+2.4%).The
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Shiba Inu's (SHIB) month-to-date price rally seems to be setting the stage for a double bottom pattern, a major bullish setup.The joke cryptocurrency has risen 18% this month, its best performance since November, with prices gaining over 7% in the past 24 hours alone, according to CoinDesk data. The rally
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Longtime Bitcoin critic and gold advocate Peter Schiff said the latest BTC rally may be a selling opportunity for investors to buy silver instead. “With Bitcoin hitting new highs today (in dollars), it’s a great time to sell some and buy silver ahead of silver’s next big leg up,”
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BNB is edging closer to the $700 mark as traders responded to a fresh $1 billion token burn and growing interest in using the asset as a corporate treasury reserve.Over the last 24-hour period, BNB rose about 2.8%, from $670.40 to $688.7. Trading surged as the price moved up, amid
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