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DOJ had enough evidence to convict Roman Storm, prosecutors say

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Tornado Cash developer Roman Storm’s trial followed the law and the judge in his case should not consider acquitting him of all charges, federal prosecutors said. In a post-trial filing dated last Wednesday, attorneys for the Justice Department’s Southern District of New York office opposed Storm’s request for acquittal, saying they had proven with sufficient […]

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Tom Lee Says ETH Launches Bitcoin-Style “Supercycle” That Produced 100X Gain

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Tom Lee – executive chairman of BitMine Immersion Technologies (BMNR), head of research at Fundstrat Global Advisors and chief investment officer at Fundstrat Capital – said in an article on He noted that Bitcoin has suffered six declines above 50% and three above 75% over the past 8.5 years, arguing that crypto’s volatility reflects markets

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Is Bitcoin Bottom Near? BTC Nears “Death Cross” as Market Tests Key Historical Pattern

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Data from Glassnode shows that Bitcoin’s “death cross,” a technical analysis term that can indicate a bearish signal, is imminent, but with a catch. Bitcoin’s 50-day moving average at $110,669 is now poised to fall below the 200-day moving average at $110,459, potentially triggering the death cross. This crossover is widely considered in technical analysis

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Dogecoin recovers Trendline, Shiba Inu tests resistance

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The two major meme assets traded through windows of high-speed volatility, with Dogecoin rebounding strongly after heavy volume while Shiba Inu broke key support before staging an aggressive intraday reversal. News context Broader crypto markets continued their risk-free rotation as sentiment remained pressured by AI bubble concerns, outflows of $800 million from Bitcoin ETFs and

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XRP Falls 4.3% Even After XRPC ETF Launches on Bitcoin Weakness, Finds Buyers Near $2.22

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XRP faced intense selling pressure at key support levels before a dramatic high-volume V-shaped reversal signaled a potential exhaustion of bearish momentum. News context This decline occurred against a backdrop of mixed institutional signals and increased macroeconomic uncertainty. Crypto markets remain trapped in a medium-term downtrend, with sentiment stuck in the fear zone as volatility

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Is 2025 worse than 2022 for crypto? Nic Carter and Kevin McCordic offer divergent views

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On November 14, Monad’s Kevin McCordic and investor Nic Carter offered opposing readings on the 2025 crypto crisis, splitting on whether it was a routine consolidation or a light catalyst process. McCordic, the chief growth officer at the Monad Foundation who calls himself an “intern” on He called the pullback an uncomfortable but typical consolidation

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Harvard Endowment Takes Rare Leap Into Bitcoin With $443 Million Bet On BlackRock’s IBIT

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Harvard University’s endowment has disclosed a $443 million stake in BlackRock’s iShares Bitcoin Trust (IBIT), making the fund’s largest known stock position in a Bitcoin spot exchange-traded fund. According to the university’s latest 13F filing with the U.S. Securities and Exchange Commission, the investment fund held 6.8 million shares of IBIT stock as of the

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Alibaba to use JPMorgan blockchain for tokenized payments in dollars and euros: CNBC

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Alibaba’s global business-to-business platform is working to streamline cross-border payments using tokenized versions of major currencies, part of a broader move toward blockchain-based settlement in global commerce. Kuo Zhang, president of Alibaba.com, told CNBC that the platform plans to start using token deposits backed by fiat currencies such as the US dollar and the euro.

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What does the new draft crypto market structure contain?

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The Senate Agriculture Committee has released its own market structure bill, addressing digital products and how the Commodity Futures Trading Commission could oversee this sector of the crypto market. You’re reading State of Crypto, a CoinDesk newsletter that examines the intersection of cryptocurrency and government. Click here to subscribe to future editions. The story We

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