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Blockchain analysis firm Chainalysis has compared the fall of Mt. Gox to FTX to determine how FTX’s bankruptcy will impact the ecosystem.It concluded that FTX was a relatively smaller part of the crypto industry than Mt. Gox was at the time and that the industry should bounce back stronger than
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Bitcoin just had its worst week since the aftermath of the Terra blockchain's collapse. PLUS: Sam Reynolds takes a fresh look at the U.S. Securities and Exchange Commission's case against Ripple, where a 2018 SEC official’s speech motes may prove crucial. Original Source
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Bitcoin (BTC) headed toward $20,000 as United States equities gained at the Oct. 17 Wall Street open.BTC/USD 1-hour candle chart (Bitstamp). Source: TradingViewStocks climb as U.S. dollar heads lowerData from Cryptox Markets Pro and TradingView showed BTC/USD reaching $19,672 on Bitstamp, up 3.5% versus the weekend’s lows.The pair rose in
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Most crypto investors probably never heard of Wintermute Trading before the Sept. 20 $160 million hack, but that does not reduce their significance within the cryptocurrency ecosystem. The London-based algorithmic trading and crypto lending firm also provides liquidity to some of the largest exchanges and blockchain projects.As a crypto-native trading
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Amid the ongoing crypto winter, new data from a Pew Research Centre survey has shown that 46% of adult crypto users in the United States are seeing lower than expected returns on their crypto investments. The survey gathered responses from over 6,000 randomly-selected adults across the United States, with panelists
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On Friday, August 19, the total crypto market capitalization dropped by 9.1%, but more importantly, the all-important $1 trillion psychological support was tapped. The market's latest venture below this just three weeks ago, meaning investors were pretty confident that the $780 billion total market-cap low on June 18 was a
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JPMorgan CEO Jamie Dimon has shared his predictions for the U.S. economy, including a chance of “something worse” than a recession. “There are storm clouds,” the executive said, citing interest rates, QT, oil, Ukraine, war, and China. JPMorgan Chief Jamie Dimon’s Economic Forecasts JPMorgan’s chairman and chief executive officer, Jamie Dimon, reportedly
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A bill that aims to place a two-year moratorium on certain types of proof-of-work crypto mining operations in New York was dealt a huge blow on Thursday. Original Source
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Quick take: Microstrategy CEO has warned that inflation might be worse than we think and that Bitcoin is better than we know Michael Saylor’s comments come after CPI data for March showed that inflation in the US was at 8.5% 8.5% is the highest gain in annual inflation since 1981 (41 years) Bitcoin’s current
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