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Dogecoin and Shiba Inu fall as Ethereum loses appeal

Dogecoin and Shiba Inu fell during US hours as rising selling volume pushed both tokens below key technical levels, extending weakness across the meme coin segment, while ether underperformed other majors. News background The movement unfolded along with continued softness in the ether ETH$2,820.50which traders often treat as a proxy for risk appetite across altcoins. […]

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Brazilian exchange B3 launches its own tokenization platform and stablecoin

Brazil’s main exchange B3 plans to deepen its involvement in the cryptocurrency space through the launch of a tokenization platform and its own stablecoin next year. The tokenization platform is set to allow assets to be tokenized and traded on the exchange, with Luiz Masagão, B3’s vice president of products and clients, saying both systems

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BNB falls nearly 3% as bitcoin whipsaw and tech sell-off hit crypto market

BNB fell nearly 3% over the past 24 hours, falling to around $844, as a sharp reversal in bitcoin and renewed weakness in US tech stocks rippled through crypto markets. The token minutes earlier had risen to $872, but failed to hold gains until selling pressure accelerated, according to CoinDesk Research’s technical analysis data model.

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Aptos (APT) falls 5% to $1.50 as volume rises above monthly average

APT$1.5183 down 5% to $1.50 in the past 24 hours. The token established lower highs and lower lows within a $0.1429 range, according to CoinDesk Research’s technical analysis model. The model showed APT rising to $1.64 on high volume before crashing back down. This created strong resistance at that level. Volume hit 258% above the

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DOT falls 3% to $1.83 as crypto markets bounce back

DOT$1.8265 crashed through critical support on Wednesday, falling 3% to $1.83 as technical selling overwhelmed bullish USDC integration news. DOT decisively broke below the $1.90 psychological bottom despite Coinbase (COIN) announcing direct Polkadot network support. Heavy distribution occurred during the last two trading hours, according to CoinDesk Research’s technical analysis model, as the token collapsed

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Ripple-linked token falls like bitcoin back below $87,000

XRP fell sharply on Wednesday, breaking below the $1.92 support zone as heightened selling pressure collided with fierce volatility across assets in US trading hours. The move came amid sharp pullbacks in bitcoin, US stocks and AI-related stocks, leaving altcoins exposed as liquidity thinned and derivatives positioning reset. News background Crypto markets saw violent whipsaw

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Bug that can drain all your tokens affecting ‘thousands’ of sites

Welcome to The Protocol, CoinDesk’s weekly wrap-up of the most important stories in cryptocurrency technology development. I’m Margaux Nijkerk, a reporter at CoinDesk. In this issue: New React Bug That Can Drain All Your Tokens Affects ‘Thousands’ Of Sites Ripple Extends $1.3B RLUSD Stablecoin to Ethereum L2s via Wormhole in Multichain Push Aave DAO pushes

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Bitcoin shorts climb after the exits as BTC price rises

More than $110 million in bitcoin BTC$87,018.43 short positions were liquidated as the price of the largest cryptocurrency rose to $90,000 from an intraday low of $86,200 on Wednesday. Coinglass data shows that short positions were liquidated in the past hour, with the majority occurring on bitcoin trading pairs. The price increase also coincided with

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