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Bitcoin and Ether Little Changed Ahead of US Inflation Report: Crypto Markets Today

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Bitcoin BTC$66,560.23 rose to test $67,000 early Friday and was quickly pushed back, although it remains about 1% higher since midnight UTC with ether. ETH$1,946.09 increasing by half as much. The derivatives market is also showing signs of positivity. The CoinDesk 20 Index (CD20) was little changed, up just 0.7% over the period. Although the […]

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Crypto market falters as investors ignore good news and look for ‘exit ramp’: Crypto Daybook Americas

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Crypto Daybook Americas will not be released on Monday, February 16 due to Presidents Day in the United States. We will be back on February 17th. By Francisco Rodrigues (All times ET unless otherwise noted) Bitcoin BTC$66,560.23 is on track for a fourth consecutive weekly decline, its longest negative streak since mid-November. The largest cryptocurrency

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Ark Invest Buys $18 Million in Crypto Stocks, Including 10th Consecutive Bullish Buy (BLSH)

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Ark Invest added another $18 million worth of crypto-adjacent stocks to its holdings on Thursday, including a $2 million purchase of shares in cryptocurrency exchange Bullish (BLSH). The St. Petersburg, Florida-based company also purchased $12 million worth of crypto-friendly trading platform Robinhood (HOOD) and $4 million worth of ether. ETH$1,958.40 treasury company Bitmine Immersion Technologies

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Ramil Ventura Palafox receives 20-year prison sentence for $200 million Bitcoin Ponzi scheme

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The CEO of Praetorian Group International (PGI) has been sentenced to 20 years in prison in the United States for running a global Ponzi scheme that falsely claimed to invest in bitcoin and foreign exchange trading. Ramil Ventura Palafox, 61, promised daily returns of up to 3 percent, deceiving more than 90,000 investors and draining

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BTC’s Long-Term Rally Is ‘Paused’ Until Price Reclaims $85,000, Says Deribit Executive

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Bitcoin BTC$66,560.23 The long-term rally is “broken” and will remain that way until the price climbs above $85,000, said Jean-David Péquignot, trading director at derivatives exchange Deribit. The largest cryptocurrency stabilized in the $60,000 to $70,000 range last week, about 45% below the all-time high reached in October. It is on track to fall for

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JPMorgan (JPM) Cuts Coinbase (COIN) Target to $252 After Fourth Quarter Miss, Maintains Overweight Rating

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Wall Street analysts at companies including JPMorgan (JPM) and Cannacord lowered their price targets for Coinbase (COIN) shares after the largest publicly traded crypto exchange missed fourth-quarter earnings estimates. JPMorgan said weak crypto prices and trading activity were weighing on volumes and fees. The bank maintained its overweight on the crypto exchange, but reduced the

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developers, scaling, PitchFest, Hackathon

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HONG KONG — CoinDesk concluded the Hong Kong Consensus on Thursday with more than 11,000 participants visiting booths and stages. While the first day focused on institutional projects and the professional investor audience, the second day focused on developers. Representatives from the Bitcoin, Ethereum, and Solana communities all spoke about the challenge of scaling their

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