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Developer @punk3700 previously told CryptoX that bitcoin’s usage in DeFi applications has so far been limited to tokenized representations of bitcoin on other chains, such as Ethereum or Solana, but that the New Bitcoin City believed a gap remained for wealthy bitcoin holders to use their assets on interactive applications. Source
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Cardano is down 45.6% from its yearly high of $0.4518 and is showing no signs of slowing down at the moment. Data
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Ethereum (ETH), a significant player in the crypto space, has recently come under scrutiny due to some concerning on-chain activities. Notably, the
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In recent developments, Binance.US, the American affiliate of cryptocurrency giant Binance, is engulfed in a storm of legal challenges and a wave
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Coinbase (COIN) is no longer using Silvergate to facilitate dollar payments for its institutional customers and will now use Signature Bank (SBNY) for payments, the exchange said Thursday. Coinbase said it switched from Silvergate “out of an abundance of caution" in a tweet, adding that it has minimal exposure to
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The FTX drama continues as the deal with its competitor Binance falls apart. According to several reports, employees at the platform are
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Shiba Inu has had a hard time holding on to the value that it had garnered in the bull run of 2021.
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Summary: MicroStrategy CEO Michael Saylor has described Bitcoin as a lifeboat tossed on a stormy sea, offering hope t anyone that needs to get off their sinking ship. Mr. Saylor also pointed out that Bitcoin will outlast all of us. He added that Bitcoin is the only asset that allows you to accumulate
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The number of Bitcoin whales is rapidly decreasing to levels not seen since earlier this year, possibly due to the three-month high of coin inflows to centralized exchanges (CEXs).Bitcoin (BTC) market tracker Glassnode has issued several bearish indicators for the largest cryptocurrency by market cap, including data suggesting a market
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