Tuesday, November 19, 2024
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BitMEX’s Receding Market Share Might Have Spared Bitcoiners Bigger Sell-Off

Four years ago, when the Seychelles-based cryptocurrency exchange BitMEX announced a new product called the “perpetual bitcoin leveraged swap,” few traders in nascent digital-asset markets could have anticipated what a major impact the obscure roll-out would have on the industry.But the instrument, which made it easy for customers to trade

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First Mover: Bitcoin’s Latest Sell-Off Gets Crypto Traders Mulling Election Chaos

In seeking to explain Monday’s sell-off across traditional markets and cryptocurrencies, the digital-asset firm QCP Capital rattled off a list of seven major market events that occurred in Septembers past, from the 1929 stock-market crash to the Lehman Brothers bankruptcy in 2008.  There might be some deep human connection with the fall equinox — when

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Market Wrap: Bitcoin Dips to $10.1K, Ether Drops to $330 on Sell-Off Session

Bitcoin and ether both dropped Monday as global markets conducted a selling session. Bitcoin (BTC) trading around $10,492 as of 20:00 UTC (4 p.m. EDT). Slipping 3.6% over the previous 24 hours.Bitcoin’s 24-hour range: $10,179-$10,994.BTC below its 10-day and 50-day moving averages, a bearish signal for market technicians.Bitcoin trading on Coinbase

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