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Bitcoin (BTC) Miners BITF, CIFR, IREN, MARA Lead Crypto Stocks Rebound on OpenAI Deal

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Cryptocurrency mining stocks tied to the red-hot artificial intelligence (AI) data center trade were the fastest horses Monday to recover from Friday’s market rout. Bitfarms (BITF) and Cipher Mining (CIFR) jumped 26% and 20%, respectively, on Monday, while Bitdeer (BTDR), IREN (IREN) and MARA Holdings (MARA) rose about 10%. The rally reflects optimism that growing […]

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Bitcoin and Altcoins Recover After $500 Billion Crash

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The crypto market saw a recovery on Monday following the weekend’s $500 billion bloodbath that led to a $10 billion drop in open interest. Bitcoin BTC$114,431.52 rose 1.4% while ether ETH$4,128.64 outperformed with a gain of 2.5%. SNX$2.4621meanwhile, stole the show with a 120% rally, as traders anticipate “perpetual wars” between the decentralized trading platform

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Strategy (MSTR) Misses BTC Drop, Bought Tokens at $123,000

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Strategy (MSTR), the world’s largest Bitcoin-owning company BTC$114,638.00appeared not to have taken advantage of last week’s market rout to buy the price decline. According to Monday’s press release, the company purchased 220 BTC at an average price of $123,561. The company used the proceeds from the sale of its various preferred shares (STRF, STRK, STRD),

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Trader who made $192 million shorting crypto crash is betting against Bitcoin again

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A trader who pocketed $192 million selling BTC before last week’s crypto wipeout has reloaded with a large bearish position as markets try to recover from the Trump tariff shock. The wallet, identified as 0xb317 on decentralized derivatives platform Hyperliquid, opened a new $163 million short position in Bitcoin on Sunday evening, according to data

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Investment bank China Renaissance plans $600 million BNB treasury with YZi Labs: Bloomberg

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Hong Kong-listed investment bank China Renaissance is looking to raise $600 million to introduce a public crypto treasury focused on BNB, the native token of the BNB chain that is widely used for Binance fee discounts. The project, if completed, would constitute one of the largest bets on BNB by a publicly traded entity. Among

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Singapore approves restart plan, bringing relief to victims of $230 million hack

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The Singapore High Court has approved Zettai Pte. Ltd., paving the way for the reopening of Indian crypto exchange WazirX less than a year after it was crippled by the largest hack of any crypto business in the country. The sanction order follows a new vote in August which saw 95.7% of creditors by number

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Recovery from $500B Crash Sets Stage for Q4 Rebound: Crypto Daybook Americas

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By Francisco Rodrigues (All times ET unless otherwise noted) A rapid and violent sell-off wiped out more than $500 billion from crypto markets on Friday, triggering forced liquidations, collapsing wrapped tokens, leading to nearly $20 billion in liquidations and straining exchange infrastructure. The flash crash, described by Bitwise portfolio manager Jonathan Man as perhaps the

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