Bitcoin correction heralded as a ‘BTD’ opportunity, but what about DeFi?

DeFi protocols were buzzcut as their token values plummeted and the total value locked on all platforms fell to levels not seen since April. Cryptocurrency investors are still picking up the pieces from the May 19 market-wide implosion which saw Bitcoin (BTC) drop to an unexpected low at $30,000. Post-mortem analysis now shows that the correction...

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Exchange inflows, on-chain data show retail traders fueled Bitcoin’s sell-off

Whale wallet activity and exchange inflows indicate that the recent market sell-off was driven by retail traders, while institutional investors gladly bought the dip. For the crypto faithful who have been in the space since 2017, the market moves over the past few days have caused flashbacks for some, stirring up long-repressed memories of Bitcoin’s...

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Bitcoin bull run won’t end ‘any time soon’ as whale buying hints at new $52K floor

Funds are ready on exchanges as existing whale behavior suggests that $52,000 is now the floor for Bitcoin. As Ether (ETH) passed $4,000 and multiple altcoins saw their own all-time highs on Monday, data shows that there is still more buying appetite to come. Traders prepare to sink funds into crypto A trading frenzy is gripping altcoins,...

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Dogecoin imitator Shiba Inu pumps 146% on Binance listing

The DOGE imitator gained nearly 1,000% in the past 48 hours as Binance announces it’s making room for SHIB despite Vitalik Buterin owing 50% of the supply. Having emerged with the self-applied moniker of “Dogecoin Killer,” the latest cryptocurrency to succeed on laughs alone is making its way to Binance. Shiba Inu (SHIB) burst into...

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Canadian Bitcoin ETF issuer seeks ‘green BTC’

Ninepoint will allocate part of its management fees to even out the carbon footprint of Bitcoin in its exchange-traded fund product. Ninepoint Partners LP, one of Canada’s Bitcoin (BTC) exchange-traded fund issuers, has announced plans to offset the carbon footprint of its BTC ETF product. According to a release issued on Monday, Ninepoint has inked a partnership...

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Litecoin price hits $400 all-time high but LTC rally at risk of overheating

Litecoin price achieves $400 amid an overall crypto market boom. Litecoin (LTC) has broken the $400 mark, reaching a new all-time high price of $414 on Bitstamp on Monday. The problem with buying Litecoin is that it has become too expensive in a very little period. The world’s 10th-largest cryptocurrency by market capitalization is worth...

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Record fundamentals meet $4K Ethereum: 5 things to watch in Bitcoin this week

Bitcoin bulls face off with altcoins after the largest cryptocurrency’s latest rejection at $60,000 resistance. Bitcoin (BTC) is off to yet another fighting start on Monday, hitting $59,500 — is this the week we see $60,000? After a promising but restrained weekend, BTC/USD is once again back to beating out resistance as major markets reopen....

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100M euro digital bond was a CBDC test, says Banque de France

European financial institutions are using pilots to make a case for the digital euro. It turns out the 100-million euro digital bond issued by the European Investment Bank earlier this week was actually a trial of a European central bank digital currency. A Thursday announcement from France’s central bank, Banque de France, revealed the digital bond was settled using...

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Ethereum on a high after European Investment Bank’s $121M digital bond news

ETH prices have cranked 7% over the past 24 hours, outperforming big brother. Ether has climbed to $2,709 early during trading in Asia on Wednesday, marking a new peak price for the asset, according to CoinGecko. The crypto metrics provider reports a gain of 7% over the past 24 hours, and 15.7% over the past...

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