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DYDX, Optimism (OP), SUI, Axelar Prices Drop as $650M Crypto Token Unlocks Weigh

Token unlockings translate to an increase in the asset's supply, releasing coins from a vesting period including to early investors. Large unlocking events usually lead to price declines due to the supply increase outpacing investor demand for the asset, a study by crypto analytics firm The Tie found earlier this

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Are Bitcoin ETFs headed for one epic Gensler ‘rugpull?’ Analysts weigh in

There’s a slim chance the United States Securities and Exchange chief Gary Gensler could pull the plug on spot Bitcoin (BTC) exchange-traded funds in one “amazingly sadistic” move, according to Bloomberg ETF analysts. In an Oct. 31 tweet directed at senior Bloomberg ETF analysts James Seyffart and Eric Balchunas, ETF commentator

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Industry leaders and policymakers weigh in on a potential US gov’t shutdown

The United States House of Representatives has rejected a bill passed on by the Senate aimed at funding the government, and Speaker Kevin McCarthy’s proposals have so far failed to gain traction with far-right lawmakers in the House — all actions suggesting that the U.S. government is heading toward at

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EUR/USD Pair Loses Momentum as Stronger Dollar and Economic Data Weigh In

The US Census Bureau reported that Durable Goods Orders in August improved by 0.2% month-on-month (m/m) following a 5.6% decline in the previous reading. The EUR/USD currency pair, one of the important barometers of global economic sentiment, found itself under pressure during the early Asian session earlier today, struggling around the

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Judges weigh early release for Sam Bankman-Fried as lawyers push First Amendment issues: Report

A three-judge panel from the United States Court of Appeals for the Second Circuit has reportedly taken arguments from lawyers representing former FTX CEO Sam Bankman-Fried (SBF) under advisement in considering releasing him from jail prior to his October trial. SBF's defense team and the U.S. Attorney's office were each given roughly

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