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Bearish October continues as Altcoins dealt a hammer blow

The crypto market saw another grueling sell-off on Thursday, with several altcoins facing double-digit moves to the downside, while BTC and ETH began to challenge critical levels of support. The move appears to be a continuation of the weekend’s $500 billion carnage, with traders now acting more cautiously to avoid another potential liquidation cascade. Derivative

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Stellar slips late as volatility returns despite institutional milestone

Stellar Lumens (XLM) saw pronounced volatility during the 23-hour trading session ended October 16th, moving within a 5% range between $0.32 and $0.33. After early weakness, institutional buying helped the token rally towards midday, with volumes signaling renewed corporate participation. Momentum faded late in the session as XLM fell from $0.33 to just below $0.32

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HBAR faces sharp bearish reversal after volatile 24-hour trading window

HBAR endured a volatile 24-hour stretch as institutional traders managed a narrow but intense range between $0.176 and $0.185. The token initially fell on corporate earnings before rising sharply in the morning hours of October 16, when corporate trading volume rose to over 129 million. Despite this recovery, the momentum proved short-lived. A sharp reversal

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Bitcoin (BTC) Network Hashrate took a breather in the first two weeks of the month: JPMorgan

The Bitcoin network’s hash rate fell modestly in the first two weeks of October, dropping 5 exahashes per second (EH/s) to an average of 1,030 EH/s, Wall Street bank JPMorgan ( JPM ) said in a report Thursday. The pullback in the hash rate follows the successive record highs seen in August and September. American

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Enters Corporate Treasury Business with $1B Acquisition of GTreasury

Ripple, the blockchain company closely linked to the XRP Ledger (XRP) network, is buying treasury software provider GTreasury for $1 billion, pushing deeper into corporate finance. GTreasury’s treasury platform, used by Fortune 500 companies to manage cash, currency and risk, will become part of Ripple’s expanding suite of financial tools, the firm told CoinDesk on

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Citizens Sees SharpLink (SBET) As A Breakout Ether (ETH) Financial Play With More Than 200% Upside

Citizens has initiated coverage on SharpLink Gaming (SBET) with a market outperform rating and a $50 price target, implying a potential upside of more than 200%, the bank said in a Wednesday report. Shares were 2% higher in early trading, around $15.45. The bank’s bullish stance rests on a positive long-term view of ether’s price

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