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Solana (SOL), the cryptocurrency once supported by Sam Bankman-Fried, pared some losses on Dec. 30, a day after falling to its lowest level since February 2021. Solana price down 97% from November 2021 peak On the daily chart, SOL's price rebounded to around $10.25, up over 20% from its previous day's
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Bullish recently announced it is no longer moving forward with its SPAC agenda due to the deal’s deadline arrival. The Peter Thiel-backed crypto exchange, Bullish, has terminated the SPAC deal meant to take the company public. In a statement issued yesterday, Bullish explained that it reached a mutual agreement with Far
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A lot of positive price movement kicked off recently; the crypto market is enjoying a bullish run as Dogecoin and Bitcoin jumped
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Bitcoin-denominated futures open interest hits 660,000 BTC despite volatility remaining
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In 2022, the U.S. dollar has been very strong, despite the global economy’s downturn and the rising inflation worldwide. 12 days ago, the U.S. Dollar Index (DXY) rallied to a high of 114.8 and since then, the index has pulled pack and a recent analysis from economists at Société Générale
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Bitcoin’s status as an inflation hedge has come under scrutiny
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Some observers foresee a continued rise in bond yields. "Interestingly, we have seen a 'peak' inflation narrative, and despite a miss on CPI and PPI, we are now seeing rates rise,” Michael Kramer, founder of Mott Capital Management, wrote in a market update published Thursday. Original Source
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Price movement for Solana (SOL) looks outright bullish but at the same time sluggish as it’s unable to keep up with buyer demands. Solana is currently trading sideways forming an ascending triangle pattern. The 50-day EMA serves as its support level. Buyers were on a shopping spree last night which kickstarted
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Bitcoin (BTC) is in short supply at Tesla, even as its CEO predicts that United States inflation has already peaked.Speaking at Tesla’s 2022 Annual Meeting of Stockholders on Aug. 5, Elon Musk predicted that an upcoming United States recession would only be “mild to moderate.”Musk on costs: "The trend is down"After
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Monero (XMR) spiked to its peak levels in three months, in the face of challenges in the crypto market. XMR has been gaining momentum since June 13 as it has been enjoying highest highs over the past few months. The token has been on an uptrend for the fourth day in
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