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The drop in mining difficulty should spell relief for the largest mining firms.
Roaring Kitty fraud lawsuit voluntarily dropped, Ethereum Foundation email server hacked, and Circle becomes first MiCA-compliant stablecoin issuer.
Bullish divergence on the price chart, September rate cut prospects, and increasing M2 supply are some catalysts that could resume the Bitcoin bull market cycle.
The price of Bitcoin briefly dropped to $57,874 amid a wider sell-off in the crypto market, while $54.9 million in Bitcoin long positions have been liquidated in the last 24 hours.
An Illinois judge has sided with the Commodity Futures Trading Commission in a crypto fraud case, labeling two altcoins, OHM and KLIMA, as commodities.
DAO governance is still a pain and two recent projects have struggled with “raiders” overtaking their organizations.
The strong bounce in Bitcoin and select altcoins shows solid demand at lower levels, suggesting traders are buying the current dip.
Sanctions from the United States, spiraling inflation and government corruption have created an economic nightmare for Venezuelans.
While the House and Senate already voted to overturn SAB 121, it will need a two-thirds majority vote from both chambers to invalidate Biden’s veto.
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