Crypto

This week, Bitcoin (BTC) encountered a formidable rejection, illuminating the asset’s precarious position in the volatile cryptocurrency market. What many viewed as a promising surge beyond the 100-day moving average evaporated, suggesting an insufficient bullish momentum that has left investors grasping for stability. The reality is stark: while the $80K support range offers a refuge,
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The crypto landscape has always been fraught with volatility, risk, and occasional chaos. However, recent events surrounding the HyperLiquidity Provider (HLP) vault brought this turbulence to an alarming pinnacle. Following a substantial incident that left traders nursing significant losses, HyperLiquid’s management needs to search deep within its operational framework for answers rather than hastily patching
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In an industry rife with nebulous actors and vulnerabilities, Infini has turned a significant corner in its quest for justice following a staggering theft of almost $50 million. As blockchain security breaches become alarmingly commonplace, Infini’s approach to legal recourse stands out not just for its ambition, but for its innovative execution. By leveraging on-chain
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The fourth quarter report for Helium’s native token, HNT, paints a dire picture of its market viability. With a staggering 20% drop in its circulating market capitalization, which plummeted from $1.3 billion to $1.0 billion, the narrative is increasingly becoming one of caution. A price decrease from $7.54 to $5.88—representing a 22% fall—extends a troubling
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Bitcoin’s current price stabilization around the $84,000 mark is a point of contention among both investors and analysts. For over a week, the cryptocurrency has struggled to break out of this range, marking a period of stagnation that feels increasingly frustrating. Despite several attempts at a breakout, market dynamics appear too stable and unyielding. While
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The recent push for Bitcoin legislation in North Carolina and Minnesota marks a significant shift in how states are approaching cryptocurrency. This isn’t just a passing trend; it’s a critical pivot toward acknowledging Bitcoin’s potential as a viable asset. The North Carolina State Senate’s passage of SB327, which allows the allocation of public funds into
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The recent uptick in the accumulation of XRP by so-called “Ripple whales” serves as a clear indicator that a strategic shift is brewing beneath the surface of the cryptocurrency market. After a tumultuous few years characterized by a fraught legal battle between Ripple and the U.S. Securities and Exchange Commission (SEC), many investors seem to
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The recent push by President Trump to establish a strategic cryptocurrency reserve should alarm every American who cares about economic integrity. Representative Gerald E. Connolly’s definition of this initiative as an apparent self-serving maneuver is spot on. By proposing to create a federal Bitcoin reserve, drawn from a stockpile of approximately 200,000 Bitcoins in possession
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In the largely unpredictable realm of decentralized finance (DeFi), a recent incident involving a staggering $4 million liquidation on the Hyperliquid exchange has ignited a significant debate among analysts and traders alike. This jarring event highlights not only the risks inherent in high-leverage trading but also poses an opportunity for reflection and improvement within the
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In an unprecedented move that could reshape the landscape of the cryptocurrency industry, Abu Dhabi-based investment firm MGX has strategically injected $2 billion into Binance, one of the largest cryptocurrency exchanges globally. This transaction not only signals MGX’s first foray into the digital asset realm but also marks a monumental milestone as the largest funding
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In a significant shift that resounds through the corridors of American finance, the U.S. House of Representatives has emphatically passed H.J. Res 25, dismantling the Internal Revenue Service’s (IRS) problematic broker rule that threatened to upend the burgeoning landscape of decentralized finance (DeFi). This decisive resolution, which garnered extensive bipartisan support, speaks volumes about Congress’s
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The cryptocurrency market has recently faced a harsh reality check. After enjoying a lengthy bullish trend, it has severely faltered, bringing market capitalization below $2.7 trillion. Bitcoin (BTC) and Ethereum (ETH), the stalwarts of the digital asset realm, have experienced dramatic declines, with BTC dropping beneath $77,000—a price last seen in November 2024. Such rapid
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