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Bonds Hint to Rebound: Crypto Daybook Americas

By Omkar Godbole (All times ET unless otherwise noted) Risk-off sentiment deepened in Asian trade as the price of bitcoin BTC$91,725.53 dipped briefly below $90,000 for the first time in seven months before stabilizing near $91,000, down 4.5% over 24 hours. While major alternative cryptocurrencies may suffer XRP$2,1878GDP GDP$930.70 and SOL SUN$139.93 also fell, they

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HBAR falls 6% to $0.144 as technical breakdown accelerates

HBAR plunged 5.9% on Monday as institutional selling overwhelmed the market and broke several support zones near the key $0.1500 level. The sharp decline accelerated at 15:00 GMT as volume surged 71% above average, triggering widespread stop-loss cascades and forcing momentum traders to liquidate positions quickly. Price action remained under strong bearish control for most

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Sky-backed Obex Raises $37M to Build ‘Y Combinator’ for Stablecoins

Obex, a new crypto incubator, has raised $37 million to support building the next generation of dividend-generating stablecoins led by Framework Ventures, LayerZero and the Sky ecosystem, the team has told CoinDesk in an interview. The initiative aimed to invest and raise capital for projects that bring real-world asset-backed strategies onchain, bringing institutional-grade risk controls

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Revolut recruits polygon for stablecoin transfers in the UK and EEA

Revolut is partnering with Ethereum overlay system provider Polygon Labs to enable its UK and EEA customers to make crypto transfers in USDC, USDT and POL via the Polygon blockchain and the Revolut app. The European fintech giant, which serves over 65 million users across 38 countries, first started enabling stablecoin transfers over Polygon integration

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