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Bitcoin (BTC) bulls should look for a cover, at least as far as chart technicals are concerned.The flagship cryptocurrency continued its price declines into the new weekly session, hitting $32,105 ahead of the London opening bell following an approximately 10% intraday drop. In doing so, it raised the prospect of retesting its quarter-to-date low of…

Tether expects to reduce USDT’s commercial paper backing to $8.4 billion by the end of June 2022 and eventually completely remove it. 1002 Total views 26 Total shares The major stablecoin company Tether is looking to eventually get rid of commercial paper backing for its U.S. dollar-based stablecoin Tether (USDT).Tether issued an official statement on…

Check out this week’s Bad Crypto News. 1788 Total views 31 Total shares The halving came and the halving went, which means that miners now only get 6.25 Bitcoins for each block and we only have about 1450 days to wait until the next one. That’s something to look forward to, especially as this halving…

Most people might not remember that websites once had icons that said, “This site has been optimized for Internet Explorer,” but, two decades ago, it wasn’t uncommon.Just like today’s battle between Web 2.0 monopolies and Web 3.0 communities, at the beginning of the early consumer internet, there was a similar battle waged over who would…

With the Hong Kong Stock Exchange being the only regulated exchange in Asia offering Bitcoin futures ETFs, some believe spot crypto ETF products will soon be allowed. 469 Total views 16 Total shares Own this piece of history Collect this article as an NFTHot on the heels of its Bitcoin (BTC) futures exchange-traded fund (ETF)…

The South Korean central bank will be able to access crypto transaction data from exchanges operating in the country. 80 Total views 3 Total shares Own this piece of history Collect this article as an NFTThe central bank of South Korea has been given the green light to ramp up its scrutiny of cryptocurrency service…

The successful launch of YuzuSwap on Oasis Network suggests that demand for decentralized exchanges continues to grow following a record-breaking 2021. 642 Total views 26 Total shares YuzuSwap, the first decentralized exchange operating on the Oasis Network, has seen rapid uptake since launching on Jan. 11, underscoring heightened demand for decentralized finance protocols. In its first…

Bitcoin hitting its highest level since the start of December reignites the quest to crack $20,000 resistance. 1928 Total views 11 Total shares Bitcoin (BTC) hit its highest levels in two weeks on Dec. 15 as fresh bullish action took the largest cryptocurrency to near $20,000.Cryptocurrency market overview from Coin360.BTC price highest since Dec. 1Data…

Bitcoin (BTC) faced a 7.3% drop between Nov. 20-21 as it tested the $15,500 support. While the correction seems small, the movement has caused $230 million in liquidations in futures contracts. Consequently, bulls using leverage came out ill-prepared for the $1.14 billion monthly options expiry on Nov. 25.Bitcoin investors' sentiment worsened after Genesis Trading, which…