Fed Instructs Banks to Adopt Crypto Without Fear: Bitcoin Hyper to Pump
The Federal Reserve is signaling to U.S. banks that it’s okay to engage with the crypto industry. This represents a significant shift from earlier positions, with Federal Reserve Chair Michelle Bowman openly urging banks to participate. She shared at the Wyoming Blockchain Symposium on August 19 that she believes...
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Is The Bitcoin 4-Year Cycle Completely Broken Or Will The Rally Continue?
A number of developments have led to speculations that the established 4-year Bitcoin cycle that has often predicted when the bull and bear market starts and end has ended. If this is the case, it would mean that price action will not go as expected. Just as it seems...
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Why is Bitcoin down today? Here are three key drivers of the $113,000 drop
Bitcoin...
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How Social Media Built a Global Hub for Bitcoin Treasuries
Tim Kotzman sat down in a New York studio in September 2023 to record a podcast, something he saw as little more than an experiment. The first few episodes drew almost no attention. Kotzman had no background in journalism, and his only prior podcast experience was appearing on a...
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Bitcoin Approaching Key Bull Market Support Amid 10% Correction
Bitcoin (BTC) is down 10% from its all time high of just over $124,000, with the next level of support forming around $108,600, which is the short-term holder realized price (STH RP). The STH RP, which reflects the average acquisition price of coins moved within the past 155 days,...
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ETF Outflows Signal Risk Aversion Before FOMC, Powell Speech: Crypto Daybook Americas
By Omkar Godbole (All times ET unless indicated otherwise) Bitcoin (BTC) and ether (ETH) have recovered slightly from late Tuesday lows, though both CoinDesk 20 and CoinDesk 80 indexes are lower over 24 hours, signaling a broad market weakness. Among the top 100 coins, only OKB and LINK have...
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New Solana Launchpad, Token Mill, Bets Traders (Mostly) Care Only About Price Pumps
An upcoming token launchpad on Solana plans to drive usership and volumes to its platform by focusing on one thing it says matters most to microcap traders: Token prices going up. Put fair launches, creator fees and community-friendly features in the backseat. Token Mill, which launches on Thursday at...
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OKX Hires Former Kraken Regulatory Strategist Marcus Hughes
Cryptocurrency exchange OKX has hired Marcus Hughes as its new vice president and global head of government relations, the company announced on Wednesday. Hughes, who has over two decades of experience scaling regulated businesses, most recently held the role of global head of regulatory strategy at crypto exchange Kraken....
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Over $500 Million In Outflows From Bitcoin ETFs: What Does It Mean For The Bull Market?
Bitcoin‘s (CRYPTO: BTC) summer rally is facing its first real test as institutional ETF flows, which helped fuel the move to fresh highs, show signs of strain. What Happened: A Glassnode report on Tuesday flagged that while spot Bitcoin ETFs recorded over $880 million in inflows last week, sustainability...
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