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Bitmain has significantly reduced prices for its ASIC miners and is offering discounts and bundle deals to mining operators, responding to the challenges faced by the crypto market and mining industry as 2025 concludes on a negative note. This move aims to support miners amid ongoing turmoil in the sector.
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Uniswap's recent proposal to implement a token burn and establish protocol fees has garnered overwhelming support, with over 125 million votes in favor and only 742 against. This change aims to convert UNI into a value-accruing asset, enhancing its utility and appeal within the ecosystem. Read the full
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The EU's new crypto tax reporting directive, set to begin in January, enhances tax data sharing and imposes a compliance deadline of July 1 for exchanges across the bloc. This initiative operates alongside the Markets in Crypto-Assets (MiCA) regulation and includes the potential threat of asset seizure for
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The Aave community is experiencing a split over governance proposals, particularly regarding the new Eigenlayer initiative. The article also touches on developments in Ethereum's Glamsterdam, the implications of Bitcoin in the context of quantum computing, and the ongoing discussions surrounding these topics within the crypto space. Read the
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Filecoin (FIL) experienced a 2% decline as the overall cryptocurrency market weakened, with technical factors influencing its performance. Despite the drop, FIL managed to establish support above $1.27, maintaining a close correlation with broader market sentiment. Read the full article: Crypto News
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Circle has denied the authenticity of a Christmas Eve announcement claiming the launch of a platform for tokenized gold and silver swaps, which used Circle's branding and purportedly quoted company executives. A Circle spokesperson stated that the release is "not real." Read the full article: Crypto
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Bitcoin briefly reached $24,000 on Binance's USD1 trading pair in a sudden price movement. This volatility is attributed to thin liquidity and a decrease in active traders during quieter trading hours. Read the full article: Crypto News
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XRP ETF net assets have surpassed $1.25 billion, yet the cryptocurrency's price remains stagnant within the $1.85–$1.91 range, facing strong selling pressure near $1.90 and consistent buying support around $1.86. This price action indicates a potential decisive movement could be on the
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Bitcoin and ether exchange-traded funds (ETFs) experienced significant outflows ahead of Christmas, with BlackRock's IBIT leading the way with a $91.37 million exit. Grayscale's GBTC also saw a notable outflow of $24.62 million. Read the full article: Crypto News
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Hong Kong regulators, including the Financial Services and the Treasury Bureau (FSTB) and the Securities and Futures Commission (SFC), have completed consultations on virtual asset regulations. They plan to introduce a new bill to the Legislative Council (LegCo) in 2026, focusing on rules for virtual asset dealers and custodians. Read
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Bitcoin's price has historically shown significant support in the $70,000 to $80,000 range, according to five years of CME futures data. This analysis highlights a notable gap in price support levels, indicating potential challenges for Bitcoin to maintain stability in this zone. Investors may need to
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Trust Wallet users lost $7 million due to a hacked Chrome extension. Changpeng Zhao, co-founder of Binance, announced that the affected users will be reimbursed for their losses. Read the full article: Crypto News