Chainlink price forms bearish double top as whales sell, risks over 50% drop
Chainlink price has been in a strong downtrend since late August and is now close to confirming a bearish double top pattern. In the meantime, whales have started offloading significant amounts of LINK, which could trigger further downside ahead. According…...
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IMF and El Salvador continue negotiations over Bitcoin risks
El Salvador and the International Monetary Fund have made notable progress in their ongoing negotiations over Bitcoin policy and economic reforms, as the country looks to access a $1.4 billion loan package. According to an official statement published on Dec.…...
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Bitmine’s Ethereum holdings surpass 4M as it inches closer to 5% supply target
The world’s largest corporate holder of Ethereum, Bitmine Immersion Technologies, now holds over 4 million ETH after its latest buy. “Bitmine continues to add steadily to its ETH holdings, adding 98,852 ETH in the past week, and Bitmine holdings now…...
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MetaMask’s native Bitcoin push deepens multichain pivot with Linea rewards twist
MetaMask adds native Bitcoin, SegWit support and multichain swaps as Consensys advances Linea, rewards and broader Bitcoin L2 ecosystem plans. MetaMask has added native Bitcoin support to its cryptocurrency wallet platform, enabling users to purchase Bitcoin with fiat currency, transfer…...
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Tom Lee’s Bitmine Adds 98,852 ETH in a Week, Now Holds 3.37% of Supply
Bitmine Immersion Technologies announced that its combined crypto holdings, total cash, and “moonshots” investments are worth around $13.2 billion. The company’s ETH stash has increased to 4.07 million, along with 193 BTC. Aggressive Weekly ETH Purchases According to the official press release, Bitmine also reported a $32 million stake in...
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Bitcoin trails polar opposites, Gold and Copper, as the ‘fear and AI’ trade lifts tangible assets
Gold and copper have outperformed other major assets this year, with gold rallying more than copper....
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Push to End Crypto Staking Double Taxation Gains Momentum in Washington
As crypto staking shifts from a niche activity to a mainstream practice, long-standing gaps in U.S. tax policy are coming under closer scrutiny in Washington, with lawmakers warning that unclear and inconsistent rules could discourage participation in blockchain networks and complicate compliance for millions of investors. Related Reading: Bitcoin...
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Crypto Market News Today, December 23: Bitcoin is Bringing Christmas Spirit to Crypto | Looking at the Festive Weeks Through the Years, and What to Expect
Not just today, Bitcoin is always in the news headlines as the crypto market is cruising into Christmas week. While price action has been frustrating for weeks, some bullish signs are finally starting to line up. A three-day bullish divergence between price and RSI has now been fully confirmed,...
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Ripple’s XRP Tumbles Again: Is This the ‘Blessing in Disguise’ Investors Were Waiting For?
Alongside the rest of the market, the popular cross-border token recorded minor gains at the start of the business week, but it failed to breach $1.95, and the subsequent rejection has driven it below $1.90 as of press time, which has been described as a key support level. Given...
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Internal Data Leak Exposes Binance’s Oversight Failures On ‘Suspicious Accounts’
The Financial Times has recently reported on alleged compliance breaches at Binance, with leaked internal documents revealing that hundreds of millions of dollars have flowed through accounts flagged for suspicious activity, despite the exchange having committed to enhancing its controls as part of a 2023 settlement with US authorities....
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