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Crypto Review - Page 89


Billionaire Carl Icahn says he may drop up to $1.5B into crypto
Billionaire Carl Icahn says he may drop up to $1.5B into crypto

Former crypto skeptic Carl Icahn, the founder of Icahn Enterprises, told Bloomberg he’s set to enter the crypto market in a “big way” — teasing an investment of around $1.5 billion. Icahn is an investor and former advisor to the.

Number of Bitcoin Holders Shoots to Record High, Data Shows
Number of Bitcoin Holders Shoots to Record High, Data Shows

The number of bitcoin (BTC, +4.47%) addresses in accumulation has risen to a record high as investors with long-term horizons take advantage of the recent price drop to boost their coin stashes. The count of accumulation addresses climbed to a.

Chinese bitcoin traders still wield ‘enormous influence’ despite Beijing’s 4-year crypto crackdown
Chinese bitcoin traders still wield ‘enormous influence’ despite Beijing’s 4-year crypto crackdown

Chinese bitcoin traders continue to thrive despite Beijing’s four-year crackdown on cryptocurrencies, experts told CNBC. But tough words from Beijing are not new. In 2017, China shut down local cryptocurrency exchanges and banned so-called initial coin offerings (ICOs), a way.

Meme coins or digital gold? Blockchain analyst weighs in on where crypto markets are headed
Meme coins or digital gold? Blockchain analyst weighs in on where crypto markets are headed

The cryptocurrency space could branch out into three different markets — and people may even stop talking about crypto as a single entity one year on, predicted Paul Brody, global blockchain leader at EY. ‘Meme coins’The first category is what.

Major bitcoin mining region in China sets tough penalties for cryptocurrency activities
Major bitcoin mining region in China sets tough penalties for cryptocurrency activities

China’s Inner Mongolia region has proposed punishments for companies and individuals involved in digital currency mining as it looks to further crack down on the practice. The move comes after Chinese Vice Premier Liu He said last week in a.

Bitcoin tries to recover after the second decline to $30K
Bitcoin tries to recover after the second decline to $30K

The crypto market begins the working week with a cautious attempt to grow. It is not surprising, given such extreme oversold conditions. The Crypto Fear & Greed Index for Bitcoin and major cryptocurrencies has reached a near bottom value at.

Ray Dalio: ‘I Have Some Bitcoin’
Ray Dalio: ‘I Have Some Bitcoin’

Concerns about a looming global debt crisis have taken the world’s top hedge fund manager from doubting bitcoin (BTC) to dabbling in it. Bridgewater Associates founder Ray Dalio said the U.S. dollar is on the verge of devaluation on a.

Buterin: Why Elon Musk’s plan for scaling crypto 10x is ‘fundamentally flawed’
Buterin: Why Elon Musk’s plan for scaling crypto 10x is ‘fundamentally flawed’

Ethereum co-founder Vitalik Buterin has posted a lengthy paper on the limits to blockchain scalability, criticizing claims made by Tesla CEO Elon Musk. The article, published on Buterin’s personal blog on Sunday, emphasizes the trade-off between decentralization and scalability in.

DeFi Token Yearn.Finance Pops 76% as Bitcoin, Ether Make Double-Digit Gains
DeFi Token Yearn.Finance Pops 76% as Bitcoin, Ether Make Double-Digit Gains

The decentralized finance, or DeFi, sector of the cryptocurrency market is making major performance jumps Monday. The token of lending protocol Yearn.Finance is up over 76% as of press time. In addition, UNI, the token of the leading decentralized exchange.

Who’s bullish now? XRP below $1, futures open interest down by 75%
Who’s bullish now? XRP below $1, futures open interest down by 75%

XRP price soared 260% in April, moving from $0.57 on March 31 to $1.97 on April 14, its highest level since January 2018. The move caused XRP futures to reach an impressive $2.1 billion open interest. However, on May 19,.

Bitcoin’s trading action lately is wild even by crypto’s standards
Bitcoin’s trading action lately is wild even by crypto’s standards

It’s been a rude awakening for bitcoin investors who thought they could handle the crypto volatility. The world’s largest digital currency suffered a 30% one-day drop last Wednesday, falling to about $30,000 apiece. Just in mid-April, bitcoin hit a record.

Bitcoin, Ether Bounce After Disastrous Week for Crypto Market
Bitcoin, Ether Bounce After Disastrous Week for Crypto Market

The crypto market is witnessing a relief rally on Monday, as bargain-hunting helps major coins regain some poise following last week’s drubbing. Bitcoin, the top cryptocurrency by market value, is changing hands near $36,500 at press time, representing a 5%.

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