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ALSO: The stablecoin supply ratio has dropped 11% over the past 11 days, suggesting that buying power for stablecoins is increasing, writes CryptoX analyst Glenn Williams. Source
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BTC climbed Tuesday afternoon as Google and Microsoft's first-quarter earnings surpassed expectations. Both equities and Treasury yields were down on Tuesday, however. Source
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The Bank of Italy is looking for new ways to apply distributed ledger technology (DLT) and is preparing for the advent of Markets in Crypto-Assets (MiCA) regulation, bank governor Ignazio Visco told a congress of Assiom Forex, the Italian financial markets association, on Feb. 4. DLT may offer benefits such as
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Bitcoin's price needs to trade above its 21-week moving average to confirm a bottom, one trader said. Original Source
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The largest cryptocurrency hovered near $16.8K. Ether and other altcoins also surge. Market Wrap is CoinDesk’s daily newsletter diving into what happened in today's crypto markets. Original Source
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Ether was recently changing hands over $1,300, up almost 17% from Wednesday, same time. All other cryptos in the top 20 by market capitalization were feeling more like themselves again, rising well into the double digits as FTX and inflation fatigue waned – at least temporarily. Even FTX’s beleaguered FTT
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Bitcoin (BTC) headed toward the upper end of its trading range on June 24 as optimism crept back into traders’ forecasts.BTC/USD 1-hour candle chart (Bitstamp). Source: TradingViewBitcoin price "ready for $23,000"Data from Cointelegraph Markets Pro and TradingView tracked a broadly stable BTC/USD as it hit local highs of $21,425 on
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Michelle Rempel Garner, a member of the House of Commons of Canada, has introduced a bill proposing the government set up a framework to encourage the growth of the cryptocurrency sector in the country.In the first reading of Bill C-249 in the House of Commons on Wednesday, Garner proposed having
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Bitcoin (BTC) is attempting to reverse its weekend sell-off, although the cryptocurrency’s price could face short-term resistance around $53,000-$55,000. BTC was trading around $50,000 at the time of publication and is up about 3% over the past 24 hours. Source
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Volkswagen posted first half earnings of $13.5 billion and now expects operating return on sales to go as high as 7.5%.German automaker Volkswagen AG (XETRA: VOW) on Thursday, July 29, posted record first half sales of 11.4 billion euros ($13.5 billion) after experiencing a surge in demand for its products.
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