Bitcoin’s Big Macro Data Week: Here’s What To Watch
Bitcoin (CRYPTO: BTC) faces several key macroeconomic data releases this week, causing heightened volatility in the markets. What Happened: The Kobeissi Letter pointed to a packed key economic events week which includes the December Producer Price Inflation on Tuesday, Consumer Price Inflation on Wednesday, Retail Sales on Thursday and...
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Ethereum Bulls Face $185M in Liquidations as ETH Price Slumps to 2-Month Low
Amid the broader market’s correction yet again today, ETH’s price has taken a major hit and tumbled below $3,000 for the first time since early November. This has caused a lot of liquidations for over-leveraged bulls, with the number skyrocketing to nearly $200 million only for ETH-related positions. ETHUSD....
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Chainalysis Buys Israeli Fraud Detection Startup Alterya for $150M
Blockchain analytics company Chainalysis said Monday it had acquired fraud detection startup Alterya. The deal carried a price tag of $150 million, according to Business Insider. Chainalysis, the largest company tracing illicit crypto flows on behalf of financial institutions and governments, plans to bolster its scam-stopping capabilities with Alterya,...
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Dogecoin’s Price Action Tracks 50 Arnaud Legoux Moving Average, A Surge In Sight?
Despite the heightened volatility in the market, Dogecoin has shown robust resilience and is holding strong at crucial support levels. Given its capacity to sustain key support levels, many crypto analysts believe that the dog-themed meme coin still has the potential to surge massively within the year. Next Massive...
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Fire Token Launches Presale for Tokenized Bitcoin Mining Operation in Canada
[PRESS RELEASE – Calgary, Canada, January 13th, 2025] Fire Token has announced the launch of its presale for a tokenized Bitcoin mining operation, designed to leverage Canada’s low energy costs to optimize operational efficiency. With electricity rates as low as $0.065 per kilowatt-hour (KW/H), the project aims to create...
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Tether Group to Establish Headquarters in El Salvador in Emerging Markets Push
Tether, the crypto behemoth behind the $137 billion stablecoin USDT, is establishing headquarters for the group in bitcoin-friendly nation state El Salvador, the company said on Monday. The firm said the development came after acquiring all the necessary licensing as a stablecoin issuer in the country. The move will...
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Tether To Relocate Headquarters To El Salvador
Tether (CRYPTO: USDT) on Monday announced it has acquired a Digital Asset Service Provider (DASP) license by El Salvador, allowing it to subsequently relocate its operations to the Central American nation. What Happened: In a press release, the company stated El Salvador’s crypto-friendly policies, favorable regulations and adoption of...
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Bitcoin drops below $90K to lowest level since November amid macroeconomic pressures
Bitcoin market pressures deepen with a dip below $90,000, amid macroeconomic factors and rising yields impacting crypto assets. The post Bitcoin drops below $90K to lowest level since November amid macroeconomic pressures appeared first on Crypto Briefing....
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Solv Protocol announces solvBTC. BERA to power BTC yield on Berachain
Binance-backed Bitcoin staking platform Solv Protocol has introduced the SolvBTC.BERA vault as it looks to unlock the yield-generation market on Berachain. Solv Protocol announced SolvBTC.BERA on Jan. 13, noting that the deposit vault integrates Bitcoin (BTC) holders into Berachain’s decentralized…...
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BlackRock debuts Bitcoin ETF on CBOE Canada
BlackRock, the world’s largest wealth manager, has introduced a new Bitcoin ETF on CBOE Canada....
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