Stay ahead in the fast-moving world of cryptocurrency with our up-to-date global news coverage. From Bitcoin and Ethereum to DeFi, NFTs, and blockchain innovation, we deliver the latest market trends, expert insights, and key developments shaping the crypto industry. Get the news you need to make informed decisions — all in one place.
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Vancouver's city council has decided to halt a proposal for a Bitcoin reserve following a legal review that raised concerns about its compliance with existing laws. The proposal aimed to allow the city to hold Bitcoin as a reserve asset, but legal advisors indicated potential regulatory issues. The
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Bitcoin has fallen towards the $70,000 mark as investors await upcoming U.S. jobs data, which could influence market sentiment. The decline in Bitcoin's price comes amid broader economic concerns and volatility in the cryptocurrency market. Additionally, oil prices have risen due to escalating tensions related to
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Jack Mallers' company, Strike, has successfully obtained cryptocurrency and money transmission licenses in New York. This achievement allows Strike to expand its operations and offer its services to residents in the state. The licenses are part of Strike's broader strategy to enhance its presence in the U.
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In a significant event, 32,000 BTC were withdrawn from cryptocurrency exchanges in a single day, marking an "anomalous" outflow. This surge in withdrawals suggests a potential shift in market sentiment, as investors may be moving their assets to private wallets for long-term holding rather than trading. Analysts
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Bitcoin's recent relief rally has stalled as spot exchange-traded funds (ETFs) experienced significant outflows, totaling $228 million. This decline in investment comes amid ongoing regulatory scrutiny and market volatility. Despite the initial optimism surrounding Bitcoin's price recovery, the outflows indicate a lack of sustained confidence among
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Crypto exchange OKX has launched a new social platform that allows users to link their posts directly to trading activities. This feature aims to enhance community engagement by enabling traders to share insights and strategies while showcasing their trading performance. Users can follow each other, comment on posts, and engage
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XRP experienced a 3% decline after failing to surpass the $1.45 resistance level. The cryptocurrency had shown potential for upward movement but was unable to maintain momentum. Market analysts are observing this resistance point closely, as it could indicate future price trends. The overall market sentiment remains cautious, with
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Vancouver's city council has decided to halt a proposal to create a Bitcoin reserve following a legal review that raised concerns about potential risks and regulatory issues. The review indicated that the initiative could expose the city to financial liabilities and legal challenges. As a result, council members
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The article discusses the current sentiment in the cryptocurrency market, noting that discussions about "altseason"—a period when alternative cryptocurrencies outperform Bitcoin—have significantly diminished. This lack of chatter could indicate a bullish trend, as it suggests that investors may be shifting their focus back to Bitcoin and
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Bitcoin and stock markets have shown signs of stabilization following a decline earlier in the week. Despite this recovery in cryptocurrencies and equities, the bond market remains skeptical, indicating a lack of confidence in the overall economic outlook. Investors are closely monitoring inflation data and Federal Reserve policies, which could
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Analysts indicate that Bitcoin's recent relief rally may struggle to gain momentum as the bear market continues. Despite a brief surge in prices, concerns about regulatory pressures and macroeconomic factors are weighing on investor sentiment. Market experts suggest that without significant positive developments, Bitcoin could face further declines.
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Bitwise's Chief Investment Officer, Matt Hougan, has indicated that traditional altcoin seasons may be over, suggesting that the cryptocurrency market is shifting towards "non-traditional" cycles. He believes that the market will experience more varied and unpredictable patterns, influenced by factors such as regulatory developments and technological