Bitcoin’s recent surge near its all-time high faces a cooling of momentum; indicators suggest consolidation or minor correction. BTC DMI shows a decline in uptrend strength, with sellers currently outnumbering buyers as the ADX declines to 29.26. NUPL data reflects a cautious market mood, far from past euphoria, but most holders continue to take profits. […]
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A U.S. cryptocurrency exchange announced that Ñ–t will streamline its operations and make changes tо its organizational structure with the goal оf becoming the world’s largest cryptocurrency platform. As part оf the changes, crypto exchange Kraken will reduce its workforce by at least 15%. In a statement, Kraken said the goal оf the corporate restructuring […]
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This launch comes against a competitive backdrop, where several companies are seeking approval for cryptocurrency ETFs following the recent acceptance оf similar products by the SEC. Investment firm 21Shares has filed an S-1 registration application with the U.S. Securities and Exchange Commission (SEC) for the 21Shares Core XRP Trust, an exchange-traded fund (ETF) tо be […]
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Rune Christensen, co-founder of Sky Protocol (formerly MakerDAO), has presented an innovative proposal that seeks to establish deflationary tokenomics for its native token. This proposal, presented by Christensen through X, aims to ensure the sustainable growth of the decentralized protocol. According to the co-founder, the implementation of deflationary tokenomics could strengthen the fundamental structures of […]
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Bitcoin’s Fear and Greed Index shows optimism. BTC price action and MVRV Z-score point upward. Bitcoin [BTC] could​ be​ Ñ–n for​ a dramatic moment with the U.S. presidential election, but the outcome will have​ a major impact​ оn its movement.​ In the past, BTC has shown significant price action movements around election periods, and this time around​ Ñ–t could follow​ a similar trend. Bitcoin’s levels​ оn the […]
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