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Market Maker Flowdesk Says Crypto Credit Strikes a Fragile Balance

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According to a new note from Flowdesk, Stream Finance’s recent disclosure of a $93 million default and loss, combined with the $20 billion crypto crash in October, has digital asset lenders scrambling to reduce risk while maintaining strong credit lines. Flowdesk says leverage declines as traders re-evaluate counterparties, but credit is not frozen. Borrowing demand […]

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Enters top 20 cryptocurrencies and hits $600 for the first time since 2018

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Zcash ZEC$616.70 has returned to the top 20 largest crypto tokens by market capitalization, trading above $600 for the first time in nearly seven years. The privacy-focused token has gained more than 1,270% year over year, according to CoinGecko data, pushing its market cap to just under $10 billion. The rally coincides with a renewed

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Bitcoin and Dogecoin retreat as AI assessments attract attention

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Bitcoin hovered around $102,000 on Friday as crypto markets struggled to maintain a rebound, weighed down by renewed caution over global stocks and a stronger dollar. The total crypto market cap edged up 1% over the past 24 hours to $3.4 trillion, its first gain after four straight days of declines, although traders remain cautious

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Outage Sends Ripple-Linked Token Toward $2.20 Defense Zone

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Le XRP a fortement chuté mercredi alors que les vendeurs ont dépassé les zones de support clés, déclenchant une liquidation généralisée sur les bourses tandis que les flux institutionnels ont entraîné l’activité commerciale la plus importante depuis plus d’une semaine. News context XRP fell 7.5% over 24 hours from $2.40 to $2.22 amid a broad

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Drops to $3,331 as Whales Buy $1.37 Billion During Outage

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According to CoinDesk Research’s technical analysis data model, ether ETH$3,359.05 fell 3.3% to $3,331 over the past 24 hours, falling below the key $3,400 support level despite evidence of aggressive whale accumulation. ETH-USD 1-month chart (CoinDesk data) The decline erased recent gains as sellers overwhelmed buyers at crucial price levels. ETH displayed a lower-high pattern,

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US listing soon, but DOGE technicals paint a bearish picture for now

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Dogecoin slipped for a second straight session as strong whale distribution and technical weakness overshadowed optimism surrounding Bitwise’s planned launch of the DOGE ETF within 20 days. News context Bitwise Asset Management has confirmed that its Dogecoin spot ETF could launch within 20 days under the Section 8(a) automatic approval rule, pending any intervention from

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New Liquidity Inflows Have Dry Up: Crypto Daybook Americas

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By Omkar Godbole (All times ET unless otherwise noted) Bitcoin BTC$102,023.33 continues to decline around $103,000, struggling to extend Wednesday’s rally below $100,000. The CoinDesk 20 Index is up 2% in 24 hours, alongside gains of 18% for ZEC, ICP and QNT. The crypto market currently resembles a game of musical chairs: liquidity flows from

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Central Bank of Ireland fines Coinbase $24.6 million for anti-money laundering failures

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The Central Bank of Ireland has fined Coinbase Europe €21.4 million ($24.6 million) for breaching its anti-money laundering (AML) and counter-terrorist financing obligations between 2021 and 2025, the bank announced in a press release on Thursday. Coinbase Europe was fined due to flaws in the configuration of its transaction monitoring system, which resulted in poor

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Hadron from Tether and Bitfinex Securities to tokenize KraneShares ETFs

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USDT USDT$0.9997 Hadron, the tokenization arm of issuer Tether, is partnering with ETF issuer KraneShares and Bitfinex Securities to develop and scale tokenized financial products, the companies announced in a statement Thursday. The initiative plans to create tokenized versions of exchange-traded products and create the necessary systems for them to be traded on regulated digital

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“Extremely Bearish:” Is Bitcoin’s New Price Target $91,000?

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Hello, Asia. Here’s what’s making news on the markets: Welcome to Asia Morning Briefing, a daily summary of the top news stories during U.S. business hours and insight into market movements and analysis. For a detailed look at US markets, check out CoinDesk’s Crypto Daybook Americas. Bitcoin was hovering around $101,000 at the start of

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