Crypto products shed $528M amid recession fears — CoinShares
As Bitcoin dropped below $50,000, analysts expect more outflows that would potentially drive prices down to $42,000.
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Retail traders buying more Bitcoin than institutions: JPMorgan
Retail traders have been buying large amounts of BTC through PayPal and Square. 1635 Total views 17 Total shares According to research by strategists at leading U.S investment bank, JPMorgan Chase, retail traders are flocking to buy Bitcoin from mainstream fintech firms.JPMorgan’s data suggests that retail investors have purchased more than 187,000 Bitcoin this quarter…
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Price Analysis 24/06: BTC, ETH, XRP, LTC, BCH, EOS, BNB, BSV, TRX, ADA
The views and opinions expressed here are solely those of the author and do not necessarily reflect the views of Cointelegraph. Every investment and trading move involves risk, you should conduct your own research when making a decision.Market data is provided by the HitBTC exchange.The recent rally in bitcoin has turned around sentiment completely. Analysts are…
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Impact of shifting SEC policy on ETH ‘yet to be seen’ — Consensys SC
Bill Hughes, Consensys’ senior counsel and director of global regulatory matters, spoke to Cointelegraph at Consensus 2024 in Texas on the status of its lawsuit against the SEC.
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Coinbase layer-2 network Base hits 136,000 daily active users
Around 30% of Base's users on Aug. 10 were new to the blockchain which launched only a day prior. 284 Total views 4 Total shares Daily active users on Coinbase's layer 2 blockchain have exceeded 100,000 for the first time, just the day following the official launch of the network.Dune Analytics figures from Aug. 10…
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Crypto Biz: Stablecoins wave, crypto trading via UAE banks, and more
This week’s Crypto Biz explores Tether’s profit record, bank-linked crypto trading in the United Arab Emirates, Polymarket’s growth amid US elections, and Coinbase custodian arm.
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Aussies lost $122 million to crypto scams in the last 12 months: AFP
The Australian Federal Police revealed that scammers are using deepfakes and pig butchering as their primary methods to defraud victims.
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Facebook and Calibra’s David Marcus: The Problem of Global Unbanked Is “Unacceptable”
At the World Economic Forum panel discussing digital currencies, the conversation topics included Central Bank Digital Currencies (CBDCs). Calibra’s David Marcus highlighted that regardless of the nature of digital currency, these discussions are key to innovate cross-border payments and solve the issue of the unbanked.Retail CBDCs for consumer accessBenoît Coeuré, head of the Bank of…
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Thailand’s crypto market seeks clearer regulations as industry interest peaks
Thailand currently lays claim to one of the more regulated crypto trading markets in the world, with exchanges having to adhere to strict regulatory standards. For example, at the start of the year, Bitkub, the country’s largest cryptocurrency exchange, was shut down by regulators after the trading platform faced a series of lengthy service outages. Despite…