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Bitcoin’s New Normal: Prices Over Five-Digits for 28% of Its Lifetime


Over the past week, bitcoin has declined by 4% against the U.S. dollar from June 9 to June 16, 2024, yet it has surged over 152% in the past year. This year, bitcoin has maintained a position above the $60,000 mark for a record-setting 107 days so far. Bitcoin’s Resilient Streak: Maintaining...

Bitwise predicts the potential of Crypto and AI growth


According to the report, the integration of crypto and artificial intelligence will have a big impact on the economy. The American spot Bitcoin ETF provider made the forecast at an annual conference in Austin. The conference witnessed the exchange of innovative ideas like the future of blockchain...

Crypto Economy Shrinks, Over 3 Dozen Coins Record Double-Digit Losses


While the crypto market experienced a general decline, with bitcoin dropping 5.6% and ethereum falling 4.4%, roughly six crypto tokens managed to stand out over the past week. Weekly Crypto Report: Bitcoin and Ethereum Drop, Numerous Tokens See Major Losses As of this writing, the global crypto...

Crypto whale nets $7M from WBTC & ETH investments!


One of the largest traders in cryptocurrencies closed his longs in WBTC and ETH and made a profit of $7 million. He sold 76.6 WBTC and 2,265 ETH for $13.19 million. This was the end of a leveraged investment plan that he started by borrowing funds from Aave with 5,545 ETH as collateral to purchase...

South Korean crypto exchanges may deregister up to 600 altcoins


South Korea based crypto exchanges are contemplating the deregistration of hordes of altcoins, with financial bodies clamping down on the altcoin space.  As per the news reports put forth by Daehan Kyungjae, the newly introduced Virtual Asset User Protection Act will be duly implemented soon....

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