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Will cryptocurrency trading ever recover after the October liquidity crash?

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Crypto markets might appear calmer after leverage was wiped out in October, but beneath the surface, liquidity remains absent. Data from CoinDesk Research shows that order book depth on major centralized exchanges remains structurally lower, suggesting a more cautious market-making environment as the end of the year approaches. This environment paves the way for tighter […]

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How low can the price of Bitcoin (BTC) fall? Analyst sets $84,000 as downside target

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Bitcoin BTC$94,953.24 saw no rebound on Friday, holding at a session low below $95,000 late in the day in the United States, after a bruising week that sent prices to their lowest level since May. The largest cryptocurrency is once again underperforming U.S. stocks, with major U.S. indexes holding on to minor gains minutes before

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US DOJ pursues North Korea’s illicit money machine, seizes more crypto

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The U.S. Department of Justice has handed down several convictions in its prosecution of domestic workers in the Democratic People’s Republic of Korea’s schemes to pocket large quantities of cryptocurrencies, and it has also seized assets from cyber heists targeting crypto platforms, the department said in a statement released Friday. The five guilty pleas announced

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Canary likely to pause ETF filings with XRP, consider SEC change going forward

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Canary Capital will likely pause filings of new crypto exchange-traded funds (ETFs) for the rest of the year, with CEO Steve McClurg saying the company has already submitted applications for every token currently eligible under current regulatory guidelines. Speaking in an interview with CoinDesk, McClurg said the XRP ETF launched this week and a pending

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8% plunge as Ether ETFs bleed $1.4 billion and long-term holders sell

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Ethereum Ether ETH$3,203.64 fell sharply from Thursday to Friday, plunging more than 10% from peak to trough in an accelerated large-scale crypto sell-off with bitcoin falling below the $100,000 level. The second-largest cryptocurrency fell from $3,565 earlier Thursday to $3,060 Friday morning, erasing all of last week’s rebound. It recently stabilized just below $3,200, still

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Bitcoin (BTC) Acquisition Continues at Strategy (MSTR), Says Michael Saylor

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Ignore the noise, says Michael Saylor, executive chairman of Strategy (MSTR). With Bitcoin BTC$96,318.31 and Strategy shares continue their sharp decline, Saylor during an appearance on CNBC Friday morning said his company remains committed to its BTC accumulation strategy. “We are buying Bitcoin, we will post our next purchases Monday morning,” Saylor said, adding that

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