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Crypto exchange giant Coinbase's shares have plunged this year amid the bear market, but several, major institutional investors have been snapping up the stock; cryptos fall. Original Source
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Summary: Voyager Digital has updated on the status of its customer’s USD and crypto. The crypto lending platform emphasizes that customers’ USD deposits are safe. Voyager states it has approximately $1.3 billion worth of crypto assets and $650 million in claims against Three Arrows Capital. The team has proposed a reorganization plan where its
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The latest price moves in bitcoin ($BTC) and crypto markets in context, for July 8, 2022. Source
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Twitter (TWTR) shares were down 6.6% in pre-market trading following Elon Musk's decision to scrap his planned $42 billion takeover of the social media platform. Original Source
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Plans are still in the preliminary stages, according to a report from Bloomberg. Source
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The company faces a difficult choice between shareholder dilution and effective employee compensation, the report said. Original Source
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“COIN volumes appear to surge during sell-offs, but fail to bounce back during brief rallies,” Dolev said in a note to clients. “As evidence, average daily trading volume on the COIN platform on Bitcoin down-days was 15% higher than volumes on Bitcoin up-days. In recent months, however, down-day volumes are
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Summary: Arthur Hayes has penned a new blog post in which he hopes Bitcoin and Ethereum will not drop any further in the crypto markets. Mr. Hayes also admits his $27k to $25k Bitcoin floor and Ethereum’s $1.7k to $1.8k were obliterated by the ongoing sell-off. He also offers insights into several shitcoins
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Vitalik Buterin, co-founder of both Ethereum & Bitcoin Magazine, took to Twitter to share his thoughts on non-financial use-cases for blockchain technology.In a paper titled “Where to use a blockchain in non-financial applications?”, Buterin expressed a growing interest in using blockchain technology outside of the financial industry. He noted that
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