Bitcoin Risks Losing the $90K- $110K Range as These 3 Development Could Put the Brakes on the Next Bull Breakout
Since early 2023, Bitcoin (BTC) has chalked out a classic stairstep bull run, characterized by incremental price increases followed by periods of consolidation that set the stage for the next move higher. The cryptocurrency’s ongoing price consolidation between $90,000 and $100,000 is the third of the broader bull run...
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Crypto market has become ‘very confusing,’ losing all logic — Traders
Crypto traders say the market has “lost all sense of logic” and is now “confusing just about every investor” despite pro-crypto moves by the US government....
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XRP Ledger Suffers Hour-Long Outage Before Recovery: Ripple CTO Says ‘Silent Network’ Failure Didn’t Impact User Funds
The XRP Ledger (XRPL), the blockchain network that powers XRP (CRYPTO: XRP), experienced an unprecedented hour-long interruption in block production on Tuesday before spontaneously recovering, according to Ripple‘s Chief Technology Officer David Schwartz. What Happened: “The network is now recovering. We don’t know exactly what caused the issue yet,” Schwartz posted on X....
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XRP Ledger Recovers Following Brief ‘Network Drift’ Outage
On Feb. 5, Ripple chief technology officer David Schwartz reported that the network is now recovering before adding, “We don’t know exactly what caused the issue yet.” The XRP Ledger (XRPL) experienced a rare one-hour outage late on Feb 4 when block production stopped at ledger height 93927173. However,...
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Barstool’s Dave Portnoy Buys The XRP Dip: Drops $1 Million Bet
Barstool Sports founder and social media personality Dave Portnoy has doubled down on his crypto investments, revealing during a livestream on February 3 that he purchased an additional $1 million worth of XRP. Why XRP? Portnoy, known for his unapologetic approach to trading and gambling, made the announcement as...
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The CFTC just pulled the plug on Robinhood’s Super Bowl bets—Here’s why
Less than a day after launching Super Bowl betting contracts, Robinhood shut them down at the CFTC’s request. On Feb. 4, Robinhood pulled the plug on its Super Bowl betting contracts just a day after launch, following a request from…...
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Cyborg-made Solana meme token CALICOIN soars to $30 million market cap in two hours
The rapid rise of CALICOIN highlights the potential for innovative tech to drive market interest, but also underscores volatility in crypto markets. The post Cyborg-made Solana meme token CALICOIN soars to $30 million market cap in two hours appeared first on Crypto Briefing....
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Bitdeer Buys 101 MW Gas Power Plant in Alberta, Canada for BTC Mining
Bitcoin (BTC) mining company Bitdeer announced today that it had acquired a 101-MW gas-fired power plant near Fox Creek, Alberta, to build a “vertically integrated” BTC mining operation. “We are really excited about planting roots in Alberta, our first site in Canada. This acquisition is the culmination of extensive...
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Republican lawmakers launch bicameral working group to bring clarity to crypto
Republican lawmakers announce a bicameral working group to fast-track crypto regulations, focusing on stablecoins and digital asset market rules in a major push for long-awaited industry clarity. Republican lawmakers are stepping up their efforts to bring clear rules to the…...
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Ripple says XRP Ledger back online after hourlong network halt
Ripple’s technology chief, David Schwartz, said the firm is investigating after its XRP Ledger stopped for just over an hour on Feb. 4....
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