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Bitcoin gets $28K ‘plunge protection’ with BTC price due new volatility

Bitcoin (BTC) traders braced for classic volatility on July 26 as the United States Federal Reserve interest rate decision dawned.BTC/USD 1-hour chart. Source: TradingView"Let the games begin" for Bitcoin — FOMC day arrivesData from Cointelegraph Markets Pro and TradingView showed BTC price action hovering near $29,200.While barely moving since the

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Binance postpones listing of new stablecoin due to ‘technical issues’

The recently introduced stablecoin, FDUSD, which was scheduled to be listed on Binance on July 26, 2023, at 08:00 (UTC), enabling trading for FDUSD/BUSD and FDUSD/USDT spot and margin trading pairs has now been postponed to restart at 2023-07-26 14:00 (UTC) due to FDUSD pairs’ liquidity providers experiencing technical issues.Binance

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BTC price due for $31K as analyst says ‘disinflation’ boosting Bitcoin

Bitcoin (BTC) looked set to challenge range highs on July 13 as fresh macroeconomic data boosted risk asset bulls.BTC/USD 1-hour chart. Source: TradingViewPPI shows U.S. inflation retreating beyond expectationsData from Cointelegraph Markets Pro and TradingView followed the market as the BTC price focus shifted above $30,500.PPI inflation leads CPI by

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Bitcoin trader eyes BTC price ‘Darth Maul candle’ as CPI due 2-year low

Bitcoin (BTC) eased higher into July 12 with the key macroeconomic event of the week just hours away.BTC/USD 1-hour chart. Source: TradingViewCPI set to hit lowest since March 2021Data from Cointelegraph Markets Pro and TradingView followed BTC price momentum as it slowly inched closer to $31,000.The largest cryptocurrency showed little

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Algorand’s defi protocol Algofi shuts down due to ‘confluence of events’

Share Share on Twitter Share on LinkedIn Share on Telegram Copy Link Link copied Algorand’s largest decentralized finance (defi) protocol Algofi will shut down as the platform says it is unable to maintain the highest standards following a “confluence of events.” Algofi sunsetting operations Algofi announced the news in a Medium blog

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Crypto Can’t Be Used as Money Due to ‘Inherent Flaws,’ the Bank for International Settlements (BIS) Said After the FTX and Terra Collapses

Despite the millions of retail and institutional investors getting involved in the growing sector, “crypto has so far failed to harness innovation to the benefit of society,” said the report, prepared for a meeting of G20 finance ministers and central bank governors due to take place in Gandhinagar, India this

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