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Crypto Lender Celsius Shouldn’t Reopen Custody Withdrawals, US Trustee Says

The company's motion to reopen withdrawals would only apply to customers holding “pure custody assets,” which Celsius has failed to define. The objection claims that distributing funds to a limited group of customers without a full understanding of the company’s crypto holdings, its debts, and the transfers between its various

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Bitcoin bounces 8% from lows amid warning BTC price bottom ‘shouldn’t be like that’

Bitcoin (BTC) spared hodlers the pain of losing $20,000 on June 15 after BTC/USD came dangerously close to last cycle's high.BTC/USD 1-hour candle chart (Bitstamp). Source: TradingViewBitcoin "bottom" fools nobodyData from Cryptox Markets Pro and TradingView showed BTC/USD surging higher after reaching $20,079 on Bitstamp.In a pause from its sell-off, the

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Here’s why Bitcoin traders shouldn’t overanalyze US inflation data

Analysts and pundits will scramble to find some angle to explain intra-day price action whenever important economic numbers are published and this practice is commonplace in the crypto sector. When the United States Bureau of Labor Statistics reported a 7.5% increase in the Consumer Price Index (CPI) on Feb. 10, traders

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Alexandria Ocasio-Cortez says US lawmakers shouldn’t hold crypto to ‘remain impartial’

Democratic lawmaker Alexandria Ocasio-Cortez said Monday that she avoids any and all investments which could potentially represent a conflict of interest, including crypto — and believes her fellow lawmakers should do the same.She explained that as a member of the House of Representatives’ Financial Services Committee, she felt it was

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