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February in charts: SEC drops 6 cases, memecoin craze cools and more
The crypto industry has had a memorable month in February, with major policy changes on the horizon and growing Bitcoin adoption globally. A new report this month shows that the Bitcoin network is decentralizing apace. Public companies now account for 35% of global hashrate, and China’s dominance in hashrate has decreased to 14%. In the

FTX claims climb to 57% as Sam Bankman-Fried found guilty on all counts
The recent surge in FTX claims is attributed to its early investment in AI companies, which have jumped in valuation. 400 Total views 12 Total shares The current claim pricing of FTX has reached a maximum of 57%, according to data from Claims Market. The increase in FTX’s claim pricing is attributed to the valuation

Bitcoin May Blow Past $100K By 2021, Morgan Creek CEO Says
Morgan Creek's CEO said Bitcoin could fly past $100,000 over the next year or so. CEO of capital management giant Morgan Creek, Mark Yusko, said he sees Bitcoin's (BTC) price shooting up by more than 1,000% as early as next year.If Bitcoin's market cap achieves the same value as that of gold, Bitcoin could logically…

Bitcoin flash crashes by $2K in 5 minutes, liquidating $600M in longs
A flash crash on short timeframes for BTC/USD induces panic among long traders, but for analysts, it's business as usual. 756 Total views 9 Total shares Bitcoin (BTC) fell over $2,000 in five minutes on March 31 as a wave of volatility disrupted an otherwise calm market.BTC/USD 1-minute candle chart (Bitstamp). Source: TradingviewBTC sees sudden…

Nifty News: NFTs go carbon-negative, top banker calls NFT investors gamblers
The non-fungible token rush has seen every man and his Doge flock to the non-fungible market to cash in on the recent craze for tokenized collectibles. Even celebrities one would presume to have little engagement with crypto assets have been rushing to cash in, with the likes of John Cleese, Tony Hawk, Lindsay Lohan and…

Bitcoin holds $48K as final Wall Street session caps 60% YTD gains for BTC
Bitcoin (BTC) chipped away at its latest gains on Dec. 31 as the final trading session of 2021 opened on Wall St.BTC/USD 1-hour candle chart (Bitstamp). Source: TradingViewBitcoin posts 60% year-to-date gainsData from Cointelegraph Markets Pro and TradingView tracked BTC/USD as it meandered around the $48,000 mark, having reached multi-day highs of $48,550 hours earlier.The uptick…

Long Squeeze Incoming? 3 Reasons Why Bitcoin Price May Correct Sharply
The price of Bitcoin (BTC) rose slightly above $9,900 on BitMEX, rising by nearly 9% within less than 48 hours since May 16. Despite the impressive recovery, the top ranked digital asset on CoinMarketCap faces a risk of a major long squeeze in the near-term.Three factors that suggest the price of Bitcoin may correct following…

Ripple files motion to expose XRP holdings of SEC employees
The court has reportedly given the U.S. SEC until Sept. 3 to respond to Ripple’s motion to compel the authority to provide data on SEC employees’ XRP holdings. 417 Total views 4 Total shares Ripple has filed a motion to compel the United States Securities and Exchange Commission, or SEC, to disclose its internal cryptocurrency…