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Bitcoin Plunges Under $50K: Arthur Hayes Reacts to Weekend Dip
Arthur Hayes, the co-founder and ex-CEO of BitMEX crypto exchange, made a bold prediction on Friday, stating that he anticipates bitcoin‘s price to dip below $50,000 over the upcoming weekend. Hayes disclosed that he has taken a short position, essentially betting on a downward trajectory for the cryptocurrency. In an X post, Hayes humorously remarked,…
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Bitcoin Reacts to US Jobs Data: Potential Slide to $49.5K Sparks Alert
In the ever-evolving world of cryptocurrency, the prevailing winds of bitcoin’s market movements continually captivate the attention of enthusiasts and analysts alike. Recent patterns have shown bitcoin‘s inability to arrest a downturn in price over short periods, with many traders turning their gaze towards the concluding batch of US employment data for the week. This…
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Stable Yet Stirring: Bitcoin Reacts to Fed’s Rate Hold – What’s Next for Crypto?
bitcoin Reacts Positively Amid Unchanged Interest Rates, A Look at the Future We’ve seen something everyone’s been talking about – bitcoin‘s latest moves in the financial market, especially after the recent announcement from the United States Federal Reserve. Let me tell you, people were on the edge of their seats, expecting the Fed to make…
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DOE Plans Second Attempt at Polarizing Cryptocurrency Mining Survey: Industry Reacts
The Future of crypto Mining Regulation Hangs in the Balance: A Legal Battle Unfolds In an unexpected twist of events, the very landscape of cryptocurrency mining in Texas is under scrutiny, thanks to a recent lawsuit that highlights the tension between the rapidly evolving digital currency world and regulatory practices. At the heart of this…
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Munchables Reacts to $68M Theft
The Security Breach: Loss and Recovery In a gripping turn of events, Munchables, a game built on the blockchain and leveraging non-fungible tokens (NFTs), faced a dire situation that would test the resilience and integrity of their platform. The game became the victim of an internal compromise when a developer made off with a staggering…