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Bitcoin has seen some relief in the past couple of days with a 4.5% profit in 24-hours. The first crypto by market cap trades at $42,947, after climbing back from the lows at around $39,000. BTC trends to the upside in the 1-hour chart. Source: BTCUSD Tradingview Related Reading | TA: Bitcoin
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The Uniswap community is debating against a new proposal that favors Flipside Crypto to the tune of $25 million in funding. The funding is for two years, but the arguments against it are numerous. Many DeFi protocols such as Uniswap provide governance tokens for people to participate in core decisions on
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MicroStrategy CEO Michael Saylor responded to a tweet implying that Bitcoin’s days are numbered. In it, the poster likened the leading cryptocurrency to MySpace. Saylor answered by saying BTC trade volumes equal MySpace’s peak valuation every few hours. With some now calling Bitcoin “boomer crypto,” due to it being relatively unexciting
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Bitcoin has seen a strong uptick in institutional adoption over recent weeks and months amid the worst economic
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Reactions from Bitcoin Twitter and beyond as Square puts 1% of its treasury assets into bitcoin.A special breaking edition of The Breakdown follows the market’s reaction to Square’s surprise $50 million bitcoin investment. NLW breaks down the foundations for the investment, including:He also discusses the market’s reaction, from the (potential) connection to Coinbase’s
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Coinbase’s Brian Armstrong dropped a bombshell on corporate America and the culture wars when he told employees, firmly, to keep activism out of the workplace.In a blog post on Monday, Armstrong said Coinbase employees should be “laser focused” on the company’s mission: to create an open financial system for the
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Bitcoin is not welcome in Russia. The Central Bank of Russia, this year, put in place legislation that
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For five hours, all of Twitter became Crypto Twitter. Yesterday, one of the biggest digital hacks in recent memory went down. A hacker, likely a Bitcoiner, gained access to Twitter’s administrative functions and began a crypto-scam campaign. Some of the world’s most notable accounts on the site started offering to double
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On Sunday, the U.S. Federal Reserve slashed the benchmark short-term rate by 100 basis points bringing it to zero. In addition to
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Following the recent rejection of another Bitcoin ETF proposal by the U.S. Securities and Exchange Commission (SEC), one of SEC’s Commissioners, Hester Peirce, has criticized the agency’s decision. According to Peirce, the SEC’s rejection indicated that the chance of getting a bitcoin ETF approval was almost impossible and the securities
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