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Why Bitcoin’s Latest Plunge Is Worrying Investors Everywhere
In the constantly evolving world of cryptocurrency, recent developments have seen bitcoin facing a sharp decline, pushing it below the significant threshold of $53,000. At present, bitcoin trades around $53,534.73, reflecting a notable 5.40% decrease within the last 24 hours. This shift, characterized by a considerable trading volume of $43.42 billion, highlights intense market concern…
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Why Pi Network’s Mainnet Stall is Worrying for Token Holders
In the digital currency domain, the anticipated transition from conceptual frameworks to tangible utility marks a pivotal juncture for every project. The Pi Network, a platform known for pioneering a mobile mining approach since its inception by Stanford scholars in 2019, stands at this critical crossroad. Initially captivating with its promise of accessibility and ease-of-mining,…
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5 Shocking Reasons Justin Sun’s WBTC Moves Are Worrying Crypto Fans
In the heart of the cryptocurrency universe, a fervent discussion is unfolding over the entrusting of Wrapped bitcoin (WBTC) operations, especially with Justin Sun’s participation. The recent revelation by BitGo to shift WBTC custody to a collaboration with BiT Global, linked closely to Sun, has ignited a storm of apprehension, casting a shadow particularly over…