Sunday, March 26, 2023
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Bitcoin erases Fed losses as traders eye $40K BTC price target

Bitcoin (BTC) returned to near $29,000 on March 23 as bulls ignored news of a fresh United States regulatory crackdown.BTC/USD 1-hour candle chart (Bitstamp). Source: TradingViewBitcoin shrugs off Coinbase, Do Kwon arrestData from Cryptox Markets Pro and TradingView showed BTC/USD gaining almost 8% versus its overnight lows to challenge nine-month highs

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Credit Suisse rescue plan may include nationalization, bondholder losses

A rescue plan for Swiss banking giant Credit Suisse may impose losses on its bondholders and even result in a full or partial nationalization of Credit Suisse Group AG, multiple reports revealed on March 19. Swiss authorities are considering applying losses to Credit Suisse bondholders as part of the bank's ongoing

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Bitcoin’s 2023 price action driven by the desire to regain losses, according to professional trader

Episode 7 of Cryptox’s Crypto Trading Secrets podcast is now live. This week’s episode features an interview with crypto trader Zoran Kole, who goes by @Captain_Kole1 on Twitter. Kole shared his opinions in response to a number of questions asked by host Benjamin Pirus during the episode’s recording on March

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Euler attack causes locked tokens, losses in 11 DeFi protocols, including Balancer

Contagion from the Dec. 12 flash loan attack against Euler has spread far and wide, resulting in frozen or lost funds for 11 different decentralized finance (DeFi) protocols, according to Dec. 13 reports from each of them on Twitter. Balancer, an Ethereum protocol with over $1 billion total value locked

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First Republic Bank (FRC) Losses Over 60% in Shares as Investors Worry Over Financial Strength Following SVB’s Collapse

Shares of First Republic Bank (FRC) have been in the red for the past year, shedding more than 48% in the last twelve months. The shares of American foreign exchange company First Republic Bank (NYSE: FRC) plunged over 60% in pre-market trading due to investors’ worries about its financial strength.

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Investors confident in avalanche, DigiToads, and cardano in 2023 despite recent losses

The cryptocurrency industry is no stranger to the bull market, which describes the upswing in crypto asset prices. With the potential for gains, many investors are constantly looking for the next initiators of a bull run.  DigiToads (TOADS), avalanche (AVAX), and cardano (ADA) are three cryptocurrencies that have the potential to

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Crypto Traders Suffer Over $300M Losses in Liquidations as Bitcoin and Cryptocurrencies Crash

Soaring long liquidations suggest that cryptocurrency prices’ sudden nosedive caught investors off-guard. BTC, the largest cryptocurrency by market capitalization, has plummeted more than 6% in the past 24 hours, and earlier in the day, reached its lowest level in seven weeks at around $20,050. Popular altcoins dogecoin (DOGE) and tron

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UK’s FCA Can’t Protect Crypto Investors From Losses, Says Agency’s CEO

The country’s financial regulator, the FCA currently has powers to ensure crypto companies register and comply with anti-money laundering rules, but it doesn't have the ability to protect consumers from any losses they might suffer. While the Financial Services and Markets Bill that’s currently under debate in parliament and is

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