Shiba Inu surges; DeGods Season 3 unveiled; risk sentiment improves for US stocks
Bitcoin dipped slightly, having hovered around the $29,380 level throughout the weekend. Ether and most other top 10 crypto were little changed.
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Weekly Market Wrap: Can Bitcoin close the week above US$29,300?
Bitcoin briefly rose above US$30,000 twice this week, but failed to remain the support level despite positive catalysts in the industry like the launch of PayPal’s new stablecoin. Bitcoin will have to close the week above US$29,300 for upward momentum, industry experts told Forkast.
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Huobi seeks update of crypto holdings across data platforms, amid market talk of insolvency woes
Huobi has contacted multiple data platforms to update its cryptocurrency holdings, following market talk that the it might face an insolvency issue.
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SEC to appeal in Ripple case, says ruling is a matter of opinion
SEC seeks to appeal a court ruling in July that the programmatic sale of Ripple’s XRP cryptocurrency did not qualify as sales of financial securities.
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Slowing US inflation data inspires hope for a crypto price rally
Bitcoin and Ether dipped on Friday morning in Asia, while U.S. CPI data points to a potential rally in the crypto market.
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Is PayPal’s new stablecoin a watershed moment for crypto?
PayPal launches stablecoin. Traditional gamers take on NFTs. Tough times ahead for Huobi.
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Coinbase launches its own blockchain in first for a publicly listed company
Coinbase Global announced the public launch of its Ethereum layer-2 blockchain Base on Wednesday.
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Bitcoin, Ether dip but more bullish times ahead?
Bitcoin dropped on Thursday morning in Asia after briefly breaching the US$30,000 level. Ether also dipped, while other top 10 non-stablecoin tokens traded mixed.
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Bitcoin, Ether rise near key levels, Sol leads gains across top 10 cryptos
Bitcoin and Ether rose during Wednesday afternoon trading in Hong Kong, along with all other top 10 non-stablecoin cryptocurrencies by market capitalization. With over 69% of Bitcoin supply inactive for over a year, long-term investors remain bullish on the world’s first cryptocurrency, industry experts told Forkast.
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Huobi sees US$105 million outflow amid insolvency rumors
Rumors of arrest and insolvency plague the Huobi cryptocurrency exchange, which enjoys close ties to the Tron founder Justin Sun. How will Huobi respond?