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A possible Chapter 11 bankruptcy of Genesis Trading and parent company DCG is still depressing the sentiment on the Bitcoin market. Genesis last commented on Twitter on November 16. Parent company DCG last spoke out on November 18 via the social media platform. Investors, however, seem to take a rather positive
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Ethereum Layer 2-based crypto derivatives trading platform dYdX has vowed to become “100% decentralized by EOY” via the protocol's V4 update. dYdX primarily offers perpetual contracts, which are derivatives products that borrow elements from both spot margin trading and futures trading but do not have an expiry date. At present
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In summary:Crypto Analyst Timothy Peterson has stated that Bitcoin’s odds at reaching $17k by the end of the year stand at 30%.$17,200 was Bitcoin’s peak value in 2018.If Bitcoin hits $17k, it would fulfill another price prediction by Bitcoin analyst MagicPoopCannon.In the month of August, Bitcoin (BTC) has attempted to
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Bitcoin’s price incurred some soaring momentum today that allowed it to rally as high as $10,900 before facing
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