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Google Forms Web3 Team — Sees Tremendous Potential, Demand for Crypto Tech Support – Featured Bitcoin News

Google is establishing a Web3 team within its cloud unit, noting that “it is a market that is already demonstrating tremendous potential.” A Google executive explained: “We’re providing technologies for companies to use and take advantage of the distributed nature of Web3 in their current businesses and enterprises.” Google Creating Web3

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‘Someone is blowing up’ — Bitcoin sees 2022 volume record amid hopes capitulation is over

Bitcoin (BTC) dipping below $36,000 “smells like capitulation,” one trader says as suspicion mounts over U.S. stock markets.In a tweet on May 6, Cointelegraph contributor Michaël van de Poppe suggested that the BTC price was at least giving “serious signals.”Analyst: Stocks saw "forced liquidation"After plunging to 10-week lows in line with

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Bitcoin disappoints on bull run as AMZN stock sees biggest 1-day drop since 2014

Bitcoin (BTC) fell into the Wall Street open on April 29 as United States markets opened to volatility, including an 11% drop in Amazon stock.BTC/USD 1-hour candle chart (Bitstamp). Source: TradingViewAll change at the FedData from Cointelegraph Markets Pro and TradingView confirmed BTC/USD dipping to $38,622 on Bitstamp Friday.Despite a let-up

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IMF global financial stability report sees complex roles for cryptocurrency, DeFi

According to the International Monetary Fund's Global Financial Stability report released Tuesday, the war in Ukraine — following hard on the heels of the coronavirus pandemic — has led to a tightening of global financial conditions. Rapid changes in fintech and the uses and misuses of cryptocurrency play into the

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Andre Cronje sees a ‘necessity for regulation’ ahead of crypto’s new era

Andre Cronje, former Fantom Foundation technical adviser and Yearn.finance founder, resurfaced on Monday via Medium after announcing his departure from the DeFi and crypto space last month. In a post titled "The rise and fall of crypto culture," Cronje expressed his lamentations of crypto culture as he called for increased

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