Bitcoin price was able to recover above the USD 21,200 resistance zone but failed to stay in the positive zone and declined below USD 21,000. It is currently (04:04 UTC) trading above USD 20,300, with a risk of a downside break. BTC is down over 1% in a day and almost 9% in a week.
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Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news. __________…Read More: Elon Musk’s Twitter Deal, Bitcoin Adoption Alliance, Delayed Cardano’s Upgrade + More News…
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BlockFi announced a $250M line of credit from FTX, just a day after FTX CEO Sam Bankman-Fried said the exchange would bail out other firms….
Continue reading on https://decrypt.co/103422/blockfi-secures-250-million-line-of-credit-from-ftx
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Bitcoin price moved higher above the USD 20,500 resistance zone and climbed above the USD 21,200 level before correcting lower. It is currently (11:51 UTC) trading near USD 21,060 and is up 1% in a day and down 6% in a week. Similarly, most major altcoins are trending higher. ETH cleared the USD 1,150 level before trimming some of its gains.
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After starting a recovery wave above the USD 20,000 resistance zone, bitcoin is facing a key hurdle near USD 20,500 and USD 21,200. It is currently (04:59 UTC) consolidating above USD 20,500 and is up almost 3% in a day and down 9% in a week. Similarly, most major altcoins are stuck near key hurdles.
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A new proposal put forward by Solana (SOL)-based borrowing and lending service Solend to disapprove the takeover of the protocol’s largest account following huge backlash from the community has passed with an overwhelming majority of votes. The new proposal, dubbed SLND2, asked to invalidate SLND1, the original proposal that had approved the takeover of one of the whale wallets at risk of liquidation….
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Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news. __________…Read More: First Short Bitcoin ETF in US, FATF Not Happy With VASPs, Inactivity Fee on Bitstamp + More News…
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Web3 startup Luda is focused on “create-to-own” experiences through new IP shaped by DAO communities, starting with Neo Fairies….
Continue reading on https://decrypt.co/103302/playstation-google-vets-to-co-create-new-franchises-via-solana-daos
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Bitcoin price formed a base above the USD 18,000 level and started a recovery wave above the USD 20,000 resistance level. It is currently (11:55 UTC) showing positive signs near USD 20,800, and is facing a major hurdle at USD 21,200. BTC is up 6% in a day and down 22% in a week.
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Dogecoin (DOGE) is struggling to hold onto its weekend gains, slipping following the latest Musk pump. The popular meme coin had a banner day yesterday, pumping in value after Tesla and SpaceX CEO Elon Musk said that he would continue to support and buy the cryptocurrency….Read More: Another Elon Musk-fueled DOGE Rally Ends With a Dump…
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