Cryptocurrency Analysis and News Portal
The price of Bitcoin (BTC) increased by 14.4% between March 12-13 after it was confirmed that financial regulators had rescued depositors in the failing Silicon Valley Bank (SVB). The intraday high of $24,610 may not have lasted long, but $24,000 represents a 45% increase year-to-date.On March 12, U.S. Treasury Secretary
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Dogecoin fell to its lowest level since October, as cryptocurrency prices plunged during Friday’s session. Overall, the global crypto market cap dropped by nearly 9% today, which seems to have been triggered by yesterday’s liquidation of Silvergate bank. Litecoin has been another notable mover, falling by over 17%. Dogecoin (DOGE) Dogecoin
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“This remains a tough environment for crypto given the fallout from Silvergate Capital, so bitcoin could see further selling pressure test the $20,000 level,” Edward Moya, senior market analyst at foreign exchange market maker Oanda, wrote in a Thursday note. Source
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The three judge panel appeared skeptical of the SEC’s reasoning for denying conversion of the trust to an ETF. Original Source
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Dogecoin dropped to its lowest level since January, as a red wave swept through cryptocurrency markets. The Silvergate bank based sell-off has impacted overall sentiment, with the global crypto market cap down 3.63% as of writing. Shiba inu also dropped, falling to a six-week low. Dogecoin (DOGE) Dogecoin (DOGE) dropped to a
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Bitcoin (BTC) wicked to five-day lows on Feb. 22 as a comedown for United States equities continued.BTC/USD 1-hour candle chart (Bitstamp). Source: TradingViewAnalyst on Bitcoin: "Waiting for a bit lower"Data from Cointelegraph Markets Pro and TradingView recorded lows of $23,871 on Bitstamp, with S&P 500 futures slipping under 4,000 ahead of
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The latest price moves in bitcoin (BTC) and crypto markets in context for Feb. 21, 2023. First Mover is CryptoX’s daily newsletter that contextualizes the latest actions in the crypto markets. Source
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The recent regulatory action against Binance-branded BUSD stablecoin weighs over BNB token. Original Source
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Although 2022 witnessed a major crash in crypto fundraises, it was still higher in comparison to 2018, 2019, and 2020. Market analysts expect VC investments in crypto to resume by the summer of 2023.The last year of 2022 was full of major collapses and bankruptcies in the crypto space which
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Welcome to Finance Redefined, your weekly dose of essential decentralized finance (DeFi) insights — a newsletter crafted to bring you significant developments over the last week.The end of 2022 saw the least value of stolen funds from DeFi, with $62 million worth of exploits in December. While the figure might
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