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  • Market Cap: $3,492,158,993,295.32
  • 24h Vol: $187,940,913,344.06
  • BTC Dominance: 54.98%
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Arthur Hayes Talks About Cryptocurrency Market Volatility, US Tax Season, Federal Reserve Ambiguity, and Bitcoin Halving

Arthur Hayes Talks About Cryptocurrency Market Volatility, US Tax Season, Federal Reserve Ambiguity, and Bitcoin Halving

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Arthur Hayes, in the latest edition of Crypto Trader Digest, provides insights into the recent market volatility and its impact on the crypto industry. He discusses the factors contributing to the market fluctuations, including US tax season, the Bitcoin halving event, and the tapering of quantitative tightening by the Federal Reserve. Hayes also highlights the US Treasury’s quarterly refunding announcement and the response of the monetary authorities to the failure of Republic First Bank. (Read More)

Expected Return of $9 Billion in Mt. Gox-era Bitcoin Could Cause Market Concern

Expected Return of $9 Billion in Mt. Gox-era Bitcoin Could Cause Market Concern

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K33 Research analysts warn that the potential return of over $9 billion worth of Mt. Gox-era Bitcoin could unsettle the market and exert negative price pressure on Bitcoin. Creditors of the now-defunct Mt. Gox crypto exchange have shared updates on their claims, indicating that Bitcoin repayments could begin as early as next month. The sheer quantity of Bitcoin involved could create an “overhang” and potentially impact Bitcoin’s price in the coming weeks. (Read More)

Are there any other valuable cryptocurrencies than Bitcoin?

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Young man isolated on white background holds bitcoin coin in his hands Most people heard about cryptocurrency through the massive growth of Bitcoin. Established in 2008 under enigmatic circumstances, Bitcoin has created many people wealthy. If you had bought 10 Bitcoin in October of 2013 when a particular coin went for about $164. And now …

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China intensifies crackdown on crypto trading; Bitcoin, ether, dogecoin fall

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Bitcoin price slipped in trade from highs seen in early Friday after China’s central bank said it would crack down on cryptocurrency trading, banning overseas exchanges from providing services to mainland investors. The world’s largest cryptocurrency by market capitalization slipped around 5% at $42,810.  The People’s Bank of China also said it will bar financial institutions, payment …

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‘HODL and forget!’: Bitcoin wallet went from ₹ 6 lakh to 216 crore in 9 years

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Grabbing the eyeballs of the BTC ‘Hodlers’, a dormant cryptocurrency wallet containing 616.2004 Bitcoins worth nearly $28.35 million( ₹216 crore) has seen a sudden movement. After almost nine  years, the owner of the wallet moved the Bitcoins to another wallet on Sunday.  The movement in the Bitcoin wallet was first reported by blockchain explorer Blockchain.com. What’s …

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Bitcoin founder Satoshi Nakamoto immortalized in Budapest: Is it the beginning of a more inclusive global presence for cryptocurrencies?

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Sooner or later, every ecosystem undergoes a drastic shift. All it needs is the right precursor. And, for the financial ecosystem, the foundation must be cryptocurrency, led by the evolution of Bitcoin, way back in 2008. Despite thousands of crypto players trying to emulate what Bitcoin has achieved, it continues to be the most popular …

Bitcoin founder Satoshi Nakamoto immortalized in Budapest: Is it the beginning of a more inclusive global presence for cryptocurrencies? Read More »

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