Tag: Bitcoin
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Bitcoin Could Find Cycle Bottom Near $88,000 if Final CME Gap Remains Unfilled
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Bitcoin slipped below the $90,000 mark on Thursday, extending a short term pullback that traders had been watching closely. As the market digests recent gains, attention has shifted to an open gap in CME futures that some analysts believe could play a key role in defining the next major bottom for BTC. Bitcoin drops below…
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Riot Platforms Sells $161 Million Worth of Bitcoin as It Pivots Beyond Mining
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Riot Platforms sold 1,818 Bitcoin in December, generating about $161.6 million as the company reshapes its long term strategy. The Bitcoin miner said the sale was executed at an average net price of $88,870 per coin. Despite producing 460 Bitcoin during the month, Riot’s total holdings declined as it chose to monetize part of its…
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Crypto and AI IPOs Drag US Listings Behind S&P 500 in a Mixed 2025
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The US IPO market delivered uneven returns in 2025, with investors finding better gains in the S&P 500 than in newly listed companies. Despite a long awaited reopening of public markets and renewed enthusiasm around crypto and artificial intelligence, several high profile debuts failed to meet expectations, pulling down overall IPO performance. Data compiled by…
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Bitcoin Core v30 Wallet Bug Raises Risk of Fund Loss During Legacy Upgrades
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A newly disclosed bug in Bitcoin Core versions 30.0 and 30.1 has prompted developers to pull recent releases after discovering that certain wallet migrations could lead to the deletion of local wallet files and permanent loss of funds. While the issue affects a narrow set of users, its discovery has reignited concerns around software concentration…
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Spot Bitcoin ETFs See 782 Million Dollar Outflow During Christmas Week as Holiday Positioning Takes Hold
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Spot Bitcoin exchange traded funds in the United States faced a sharp wave of withdrawals during the Christmas holiday week, shedding a combined 782 million dollars as investors trimmed exposure amid seasonal slowdowns. Market analysts say the pullback reflects year end positioning and lighter trading activity rather than a meaningful drop in institutional confidence toward…
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Trust Wallet to Reimburse Users After Christmas Day Hack Sparks Insider Concerns
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$7 Million Lost in Extension Compromise Trust Wallet users lost around $7 million after a malicious exploit targeted the wallet’s browser extension on Christmas Day. The incident affected desktop users running Trust Wallet browser extension version 2.68, which was later confirmed to have been compromised. Trust Wallet acknowledged the breach in a post on X…
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Memecoins Slide From Holiday Highs to Year End Lows as Speculative Fever Cools
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Memecoins, once a symbol of retail enthusiasm and high risk trading, are ending the year on a subdued note. After peaking during the Christmas rally of 2024, the sector has seen a sharp reversal marked by falling prices, shrinking volumes and weakening investor participation. What was once a playground for fast money has become a…
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Solana TVL Slides to Six Month Low as SOL Faces Risk of Drop Towards $80
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Solana’s native token SOL has come under renewed selling pressure after onchain indicators pointed to weakening network activity and declining investor confidence. With total value locked falling to its lowest level in six months and technical charts flashing bearish signals market participants are increasingly questioning whether SOL could revisit the $80 to $90 range in…
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Crypto Groups Push Back on Citadel’s Call for Tighter DeFi Regulations
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DeFi Organisations Challenge SEC Recommendations A coalition of crypto organisations has criticised Citadel Securities’ request that the Securities and Exchange Commission impose stricter regulations on decentralized finance platforms dealing with tokenised stocks. The DeFi Education Fund, Andreessen Horowitz, the Uniswap Foundation and The Digital Chamber were among those signing a letter to the SEC on…
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Brazil’s Largest Private Bank Recommends Bitcoin Allocation for 2026
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Itaú Asset Management Suggests 1 to 3 Percent Portfolio Exposure Itaú Asset Management, the investment arm of Brazil’s largest private bank Itaú Unibanco, has recommended that investors consider holding between 1 percent and 3 percent of their portfolios in Bitcoin in 2026. The bank emphasises that Bitcoin can enhance portfolio diversification and serve as a…