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Here’s what happened in crypto today

The crypto market was mixed on June 15, 2023, as investors digested the news that the Federal Reserve would pause rate hikes for June....

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Fed Pauses Interest Rates, But Bitcoin Options Data Still Points to BTC Price Downside

The Federal Reserve announced on Wednesday that it would be pausing interest rate hikes for the foreseeable future. This decision was met with mixed...

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Binance launches Bitcoin mining cloud services amid SEC crackdown in the US

Introduction Binance, the world's largest cryptocurrency exchange, has launched Bitcoin mining cloud services amid a crackdown by the US Securities and Exchange Commission (SEC). The...

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‘Pick your targets’ — Bitcoin analyst believes Fed will favor bulls

Introduction Bitcoin (BTC) price has been trading below $25,000 since the Federal Reserve announced plans to raise interest rates by 75 basis points. However, some...

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Bitcoin Exchange Supply Hits Three-Year Low

Introduction The amount of Bitcoin held on exchanges has hit a three-year low, according to data from Glassnode. This suggests that investors are increasingly storing...

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Why Bitcoin’s Resistance to Retesting the $25K Support Could Be Futile

Bitcoin has been trading in a narrow range for the past few months, with the price hovering around the $25,000 support level. Some analysts...

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AWS Went Down in the US, but Ethereum Kept Humming

On June 13, 2023, Amazon Web Services (AWS) suffered a major outage that affected a wide range of customers, including some of the world's...

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Hinman Docs Unsealed: SEC Concerned Over ‘Ether is not a Security’ Statement

In a major development for the cryptocurrency industry, newly unsealed documents show that the Securities and Exchange Commission (SEC) was concerned about the implications...

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Hinman Docs Unsealed: SEC Concerned Over ‘Ether is not a Security’ Statement

Newly released documents show that the Securities and Exchange Commission (SEC) was concerned that a statement by former director of the corporate finance division...

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Why Bitcoin’s resistance to retesting the $25K support could be futile

Bitcoin has been trading in a narrow range for the past few months, with the $25,000 support level providing a strong floor. However, there...

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Crypto Industry ‘Destined’ to be BTC-Focused Due to Regulators: Michael Saylor

Introduction In a June 13 Bloomberg interview, MicroStrategy co-founder Michael Saylor said that the crypto industry is "destined" to become Bitcoin-focused due to regulatory pressure...

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