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Biweekly Crypto News Roundup: BTC Market Swings, Legal Battles and More
July 16, 2024
Bitcoin Plummets to $54K Amid Mass Liquidations: Bitcoin faced turbulent market conditions, dropping 27% from its all-time high, causing major liquidations.Binance US Resolute in Legal Battle Against SEC: Binance.US gears …
Read moreBitcoin Price Soars Past $63,000: Key Factors Driving the Surge
July 15, 2024
Bitcoin Price Soars Past $63,000: Key Factors Driving the SurgeBitcoin has surged past the $63,000 mark, registering a significant recovery from a prior dip to $53,600. This rebound, marking a …
Read moreBitcoin and Meme Coins Surge Following Trump Rally Incident
July 14, 2024
The cryptocurrency market witnessed a significant upswing following an incident at former President Donald Trump’s rally. The most notable gainers were Bitcoin and Trump-inspired meme coins. Bitcoin's price saw a …
Read moreThe Role of Bitcoin as a Reserve Asset for Financial Stability
July 14, 2024
Senator Cynthia Lummis recently advocated for using Bitcoin as a reserve asset to fortify the US dollar amidst financial market turbulence. In her vision, incorporating Bitcoin could provide the dollar …
Read moreSEC Closes Investigation On Bitcoin L2 Stacks And Builder Hiro
July 13, 2024
The U.S. Securities and Exchange Commission (SEC) has concluded its investigation into Stacks, a Bitcoin Layer 2 scaling network. Stacks, previously known as Blockstack, raised $70 million through token sales …
Read moreSenator Lummis Advocates For Bitcoin To Bolster US Dollar Amid Market Turbulence
July 13, 2024
Senator Cynthia Lummis (R-WY) has been vocal about the potential of incorporating Bitcoin into the US financial system to strengthen the US dollar and ensure its global dominance. In a …
Read moreMajor Crypto Projects at Risk Amidst Squarespace Domain Breach
July 13, 2024
Several significant crypto projects are currently vulnerable due to a major breach of domain names provided by Squarespace. On July 11, Oxngmi, the pseudonymous developer of DeFiLlama, reported that over …
Read moreGerman Government Liquidates Majority of Bitcoin Holdings
July 12, 2024
The German government has nearly exhausted its Bitcoin treasury, liquidating over 90% of its BTC holdings seized during the country's largest cryptocurrency seizure. After a month of aggressive selling, the …
Read moreXRP Shows Strength Amid Crypto Market Decline
July 12, 2024
In a week marked by mixed fortunes for the cryptocurrency market, XRP has emerged as a standout performer, bucking the trend set by major assets like Bitcoin and Ethereum. As …
Read moreBitcoin Surges Past $59,000 as U.S. Inflation Eases
July 11, 2024
Market Reaction to CPI Data The recent Consumer Price Index (CPI) data from the U.S. has sparked significant movement in the cryptocurrency market. Bitcoin has surged above $59,000 following the …
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