Business

Internet Computer falls nearly 25% after rising above $6.50

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ICP$5.0654 pulled back from its rally above $6.50 to trade just below $5 throughout European morning Wednesday, nearly 25% below Tuesday’s peak. ICP posted a resistance-breaking rally on Tuesday, gaining as much as 64% to eclipse the $6.50 mark, before profit-taking limited much of those gains, according to CoinDesk Research’s technical analysis data model. Trading […]

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BTC, ETH Prices Under Pressure As Altcoins Wheel, Futures Flash Warning: Crypto Daybook Americas

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By Francisco Rodrigues (all times ET unless otherwise noted) Bitcoin BTC$102,602.55 briefly slipped below $100,000 for the first time since June as a wave of liquidations and changing macro expectations sparked a broad crypto selloff. The leading cryptocurrency is now down more than 20% from the all-time high above $126,000 it set in early October.

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Gemini Prepares to Offer Predictive Market Contracts: Bloomberg

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Cryptocurrency exchange Gemini (GEMI) is planning a move into the prediction market sector, Bloomberg reported on Tuesday. The exchange founded by Cameron and Tyler Winklevoss has discussed disclosing products in this area as soon as possible, according to the report, citing people familiar with the matter. Gemini, which became a publicly traded company on the

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HK targets 16 in alleged $205m JPEX Crypto Scam As Interpol Hunts 3 More Suspects

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Hong Kong authorities charged 16 people, including former lawyer and social media influencer Joseph Lam, in connection with the JPEX cryptocurrency scandal that allegedly defrauded more than 2,700 investors out of HK$1.6 billion ($205.8 million). According to the police, the case is the largest alleged financial fraud in Hong Kong’s history. The charges include conspiracy

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Adam Back, Switzerland’s FUTURE Secure 28M Swiss francs to build BTC Treasury

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Future Holdings AG (FUTURE), a Zurich-based bitcoin BTC$102,069.70 Treasury Company, said it raised 28 million Swiss francs ($35 million) in a funding round led by Fulgur Ventures, Nakamoto and TOBAM. The firm aims to bridge the gap between traditional finance (TradFi) and bitcoin through a balance-sheet driven institutional model. FUTURE is led by Chairman Richard

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Toncoin falls below $2 as broader market conditions weigh on price

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TON$1.9040 fell sharply over the past 24-hour period, breaking below the key $2 level amid a broader crypto market slump, with the CoinDesk 20 (CD20) Index retreating 2.57%. The token fell 5.5% to $1.97, with volume rising 89% above the daily average. Traders pushed TON through several support zones before finding a foothold near $1.92,

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HBAR falls 4.2% to $0.173 as ETF Buzz fades on technical selling

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HBAR fell 4.2% in the 24-hour period ending Nov. 4, falling from session highs of $0.181 to close at $0.173, as technical selling overwhelmed recent momentum in the ETF. The selloff created a clear bearish structure with lower highs and lower lows throughout the session. HBAR is trading within a $0.0131 range, representing 7.4% volatility.

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