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Bitcoin Loses $106,000 As Bullish Crypto Bets Raise $800M in liquidations

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Bitcoin fell below $106,000 in early European hours on Friday as leveraged traders again faced heavy losses, with nearly $1.2 billion in crypto positions wiped out over the past 24 hours. Data shows that most of the damage came from long positions, reflecting how aggressively traders had positioned themselves for a bounce earlier in the […]

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Bitcoin falls below 200-day moving average, bond yields fall

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Bitcoin BTC$106,803.77 continued to lose ground on Friday, falling below a key average as risks remained on the defensive, sending Treasury yields down to multi-month lows. The leading cryptocurrency by market capitalization fell below its 200-day simple moving average of around $107,500, extending losses to $106,900, CoinDesk data shows. Prices fell 7% for the week,

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Bitcoin falls below $107,000, XRP, ADA down 17% on the week

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Bitcoin BTC$106,803.77 slipped below $107,000 in Friday’s Asian session, extending a slow drift lower as macro uncertainty and liquidity stress kept traders cautious across crypto markets. “The rally on Sunday and Monday failed to develop and the 50-day moving average acted as local resistance,” Alex Kuptsikevich, FxPro chief market analyst, noted in an email. “The

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Spot ETFs bleed $536M as prices are below $110K

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US-listed crypto exchange-traded funds (ETFs) were hemorrhaging money on Thursday, snapping a two-week streak of consistent inflows. The 11 bitcoins BTC$110,901.10 ETFs recorded net outflows of $536.4 million as investors pulled $56.8 million from ether ETFs. Data curated by SoSoValue shows that BlackRock’s iShares Bitcoin Trust (IBIT) saw $29 million in outflows on the day,

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Figment acquires rated laboratories to strengthen effort data for institutional customers

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Figment, a major player in blockchain staking services, has acquired Rated Labs, a blockchain analytics firm known for its validation data. The value of the purchase was not disclosed. The Toronto-based firm, which manages over $18 billion in pledged assets, says the move will help its clients, primarily exchanges, custodians and asset managers, make better

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Stablecoins rise to register a market capitalization of 314 billion. USD as institutional race heats up: Canaccord

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The stablecoin market has continued its rapid rise, with total capitalization reaching a record high above $314 billion, as growth in Tether’s USDT and Circle’s (CRCL) USDC led the way, according to broker Canaccord Genuity. With the GENIUS Act in effect, compatible stablecoins like USDC are now treated on par with cash by the US

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Solana (SOL) Stakings Jito gets investment from a16z

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Jito Foundation, a crypto protocol that supports the Solana blockchain SUN$185.19has raised $50 million in a private token sale led by Andreessen Horowitz’s a16z crypto, it announced in a press release Thursday. The funding will support the foundation’s efforts to scale the Jito network’s infrastructure, expand its developer tools, and continue to build out liquid

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