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Bitcoin Faces Intense Selling Pressure Amid Market Volatility

June 25, 2024

Bitcoin is experiencing significant volatility as the leading cryptocurrency struggles to maintain its position above $60,000. Despite a brief recovery, recent weeks have seen substantial selling pressure due to several …

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Tether Halts USDT Minting on EOS and Algorand, Offers Redemption for a Year

June 24, 2024

Tether, the issuer behind the USDT stablecoin, has announced a strategic shift that will see it cease the minting of new USDT tokens on the EOS and Algorand blockchains. The …

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Bitcoin and Ethereum Prices See Major Declines Amidst Market Turmoil

June 24, 2024

The cryptocurrency market is witnessing significant volatility as Bitcoin and Ethereum both experience major price declines. Bitcoin, the leading cryptocurrency, has fallen below 63,000 as markets continue to tumble. Over …

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Learn Concept: Cross-Chain Atomic Swaps

June 24, 2024

Cross-chain atomic swaps are an advanced cryptographic technique enabling the exchange of one cryptocurrency for another, running on different blockchains, without requiring a trusted third party or centralized exchange. The …

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Bitcoin Faces Bearish Sentiment Amid Price Slump and Market Predictions

June 22, 2024

Bitcoin's price has recently fallen below $64,000, fostering a predominantly negative sentiment among investors for four consecutive weeks. This downturn has been exacerbated by new insights predicting further market corrections. …

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Understanding Bitcoin ETFs Amidst Record Outflows

June 22, 2024

Introduction to Bitcoin ETFsA Bitcoin Exchange Traded Fund (ETF) is a type of investment fund that tracks the price of Bitcoin and is traded on traditional stock exchanges. It allows …

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Bitcoin ETF Markets Witness Record Outflows Amid Price Drops

June 21, 2024

OverviewIn recent developments, Bitcoin (BTC) exchange-traded funds (ETFs) have experienced significant outflows, culminating in a cumulative pullout of $900 million over the past week. According to data from Bloomberg, June …

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US Lawmakers Advocate for Immediate Release of Detained Binance Executive in Nigeria

June 21, 2024

US lawmakers French Hill and Chrissy Houlahan recently visited Tigran Gambaryan, a detained Binance executive, at Kuje Prison in Nigeria. In a June 20 post on X, Hill described Gambaryan’s …

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Standard Chartered Launches Bitcoin and Ethereum Trading Desk in London

June 21, 2024

British multinational bank Standard Chartered is making a significant move by launching a spot trading desk in London, focusing on Bitcoin and Ethereum. This development positions Standard Chartered as one …

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AI Tokens See Significant Surge, Led by Fetch.ai and Render Network

June 20, 2024

Artificial Intelligence (AI) tokens have displayed remarkable performance as key players like Fetch.ai and Render Network benefited from recent tailwinds, primarily driven by Nvidia's market dominance. This surge has catapulted …

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