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Bitcoin (BTC) staged a brief but promising return to $17,500 overnight on Jan. 11 as newfound strength lingered.BTC/USD 1-day candle chart (Bitstamp). Source: TradingViewBitcoin fails to win over skeptical tradersData from Cryptox Markets Pro and TradingView showed BTC/USD hitting new local highs of $17,504 on Bitstamp.Almost tying with the peak
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Changpeng Zhao quickly deleted a tweet that called the companies' disclosures into question. Source
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Nansen’s research found other concerning details. Just five entities account for over 64% of all staked ether. Of those, three are exchanges – Coinbase (COIN), Kraken and Binance – accounting for 30% of staked ETH. Lido, an open financial platform run by a decentralized autonomous organization (DAO), holds the largest
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Bitcoin (BTC) returned to range resistance on Aug. 17 amid ongoing concerns that a retracement is imminen.BTC/USD 1-hour candle chart (Bitstamp). Source: TradingViewNo success for Bitcoin bullsData from Cointelegraph Markets Pro and TradingView showed BTC/USD hitting $24,448 on Bitstamp, up 3.25% from the previous day's low before diving $600 in
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The current price of stETH token implies a 7% chance of the Merge not succeeding, according to Enigma Securities. Source
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Ethereum (ETH) traded in tandem with risky assets on the final session of the first half of the year, due to persisting fears of greater inflation and rising interest rates. Some analysts say this might set the stage to more decreases heading into the third quarter. Following a four-day losing skid,
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The core principles of cryptocurrency were based on financial independence, decentralization and anonymity. With regulations being the key to mass adoption, however, the privacy aspect of the crypto market seems to be in jeopardy.In 2022, even though no particular country has come up with a universal regulatory outline that governs
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The third-largest stablecoin by market cap Terra USD (UST) appears to be in a catastrophic tailspin which has seen it de-peg from the dollar and drop to as low as $0.67 on May 10.As its price has fallen, so has its market capitalization along with that of Terra (LUNA) which
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Supposedly decentralized finance is anything but, IOSCO claimed in its statement. In practice, DeFi often involves central actors who retain control, the report said. It also cast doubt on the claim of stablecoins to be backed and collateralized, saying that in practice, users would not always be able to redeem
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Still, lawmakers want assurances from Yellen that the Office of Foreign Assets Control (OFAC), which enforces U.S. sanctions rules, will be able to maintain the blocks against Russian banks and oligarchs. Wednesday's letter asked Yellen and OFAC to provide responses to five questions about the agency's work, including whether decentralized
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