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Bitcoin is currently experiencing a significant decline in its value, dropping below the $64,000 mark to $63,564. Despite this downward trend, Arthur Hayes, the co-founder of BitMEX, remains bullish on Bitcoin and is actively encouraging investors to “buy the dip.” His optimism stems from an analysis of global economic conditions and central bank policies, particularly
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Bitcoin has long been considered a key player in shaping overall market trends within the cryptocurrency space. The actions of long-term Bitcoin holders have often been used as a barometer for the market cycles, with their decisions to buy or sell influencing the direction of the market. However, in recent months, a notable shift in
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Recently, a federal judge in California revealed that he is leaning towards allowing the US Securities and Exchange Commission’s (SEC) lawsuit against Kraken to proceed. This decision casts uncertainty on Kraken’s attempts to have the case dismissed. The judge, William Orrick, stated during the oral arguments that he was “inclined to deny” Kraken’s request. He
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The recent Bitcoin price crash below $66,000 has caused quite a stir in the market, resulting in over $90 million in liquidations within a 24-hour period. Despite the significant drop, analysts, including crypto analyst Ali Martinez, are not convinced that the worst is over. Martinez has suggested that Bitcoin may still have a long way
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MomoAI, a groundbreaking platform, is revolutionizing social growth within the TON and Solana ecosystems by harnessing the power of AI technology. Unlike traditional marketing strategies, MomoAI implements advanced viral marketing techniques and AI-bot interactions to rapidly expand its user base and drive high levels of engagement. The primary focus of MomoAI lies in nurturing growth
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Recently, the US Commodity Futures Trading Commission (CFTC) launched an investigation into Jump Crypto for reasons that have not been disclosed to the public. Sources familiar with the matter have reported that the federal agency is focusing on the firm’s trading and investment activities within the crypto sector. However, it is essential to note that
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Market traders have noted a recent trend in heavy shorting of Cardano (ADA) and XRP, two cryptocurrencies that have been struggling to gain bullish momentum. The on-chain analytics platform Santiment highlighted this factor in a recent X post, suggesting that the increased short positions on these tokens could actually serve as “rocket fuel” for their
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