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Bitcoin bottom looks firmer at $80,000, but traders still don’t trust the breakout

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Bitcoin is trading above $80,000, according to CoinDesk market data, after recovering from Friday’s decline, but the rebound still looks more like a market stress test than a decisive move higher. Market structure tells a more complex story than price alone, market observers say. Under bitcoin’s rebound, buyers are becoming more active and structural support […]

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Bitcoin briefly hits $82,000, SOL and DOGE higher as Michael Burry warns of stock market crash

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Crypto majors held strong on Tuesday even as the macro band turned sharply against risk assets. Bitcoin BTC$80,984.66 was trading just over $81,000 Tuesday morning in Asia, after briefly touching $82,026 overnight. Solana (SOL) and DOGE$0.1104 stood out among the majors, up as much as 2% on the day. BNB added 1.7% to $662, XRP

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Aave Launches Binding Arbitration Vote to Move $71M of Disputed ETH

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DeFi lender Aave and other stakeholders affected by the Kelp DAO hack last month have launched a binding Arbitrum governance vote to transfer $71 million in disputed ether to an address controlled by Aave LLC. A Constitutional Arbitration Enhancement Proposal, or AIP, is the DAO’s formal on-chain governance mechanism for approving binding protocol actions. This

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What’s next for XRP as associated company Ripple secures $200 million in funding

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XRP continues to enter the same resistance zone that has rejected rallies since February, but the way it trades is starting to change. Price is no longer sold immediately after hitting the range. Instead, XRP holds near highs, which usually matters more than the initial breakout itself. News context • Ripple Prime secured a $200

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The Clarity Act, in the flesh, unveiled by the US Senate Banking Committee before the hearing

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Legislation that could fully insert the U.S. crypto industry into the regulated financial system has emerged in its latest form, with the Senate Banking Committee unveiling the text of the Market Structure bill just after midnight on Tuesday, ahead of this week’s hearing expected to advance the effort. The latest version won’t offer many surprises

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Canton Network’s digital asset targets $2 billion valuation led by crypto a16z: Bloomberg

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Digital Asset Holdings, the company behind the Canton Network blockchain used by several major banks and trading companies, is seeking $300 million from investors including Andreessen Horowitz’s crypto a16z, at a valuation of around $2 billion, according to Bloomberg. The funding round is expected to close in the coming weeks and the amount raised could

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Bitcoin Volatility Returns as CME Gap Trading Collides with Iran Risk

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The cryptocurrency market started the week in a volatile atmosphere, with bitcoin BTC$81,787.23 rising from $80,670 at 23:00 UTC on Sunday before peaking at $82,400 an hour later. The price then fell to trade in a fairly tight range, just below $81,000. The move coincided with the weekly opening of Bitcoin futures on the CME

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