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“The market wants to see the Fed slowing down with interest rate hikes, and for that to happen, the Fed needs to see the economy slowing down to a point where growth slows and inflation looks like it’s trending down,” Joe DiPasquale, CEO of BitBull Capital said. Source
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Cardano is said to be designed in such a way that it performs better than Ethereum when it comes to running smart
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United States House of Representatives member Tom Emmer has reportedly suggested that regulating and encouraging innovation in the crypto space should not be a political win for either Democrats or Republicans.According to an interview released Tuesday by Axios reporter Brady Dale, Emmer said many of his colleagues in Congress were
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The price movement of Cardano (ADA) has been in the negative direction, and the seven-day chart was predominantly red. ADA resistance key seen at the $0.4694 level Cardano price up by 3.74% Fed tensions negatively impacted crypto market; including ADA price Following a recent market correction, ADA encountered resistance at the $0.4694 level. After
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Bitcoin funding rates have remained low even when the price of the digital asset has rebounded. The trend for the previous week showed that investors remained extremely wary of the market, and there has not been a change for the new week either. This coincides with the general market sentiment
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The crypto market has seen its returns over the last month wiped away in a matter of days. While the market was pumping, cryptocurrencies in the space were returning double-digit gains, with the investor sentiment rapidly growing with it. However, with bitcoin’s rejection at $25,000, the entire market had seen
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Institutional investor sentiment has been on the rocks for some time now. This follows the market trend with bitcoin falling below $22,000 and the total crypto market cap finally making its way below $1 trillion once more. With this, institutional investors continue to show a more bearish attitude toward the
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"Competitive risk has intensified in the crypto exchange sector, with the company's market share decreasing this year," S&P Global wrote. "We believe that as a result of market share erosion and a higher risk of margin compression, cyclical variations (peak-to-trough changes in revenue, EBITDA, and EBITDA margin) for Coinbase have
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BTC gives back a bit of last week’s gain on reduced volume. Source
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Summary: Leading cryptocurrency Bitcoin traded higher than $23K on Thursday.The top coin enjoyed a slight rally following Wednesday’s FOMC meeting.America’s Q2 GDP report was also released with the figure at -0.9%.The number signaled a recession per technical definition although authorities opined differently.Crypto coin prices flashed green regardless of the news with
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