Can Bitcoin get a green monthly close above $64.3K?

Bitcoins summer illiquidity could carry on into September, but lower interest rates could kickstart the real bull market in early 2025, according to analysts.

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OpenAI is building a new AI model under code name Strawberry Report

Strawberry extends on OpenAIs Q* project announced in November 2023, which some described as a technical breakthrough allowing for the development of far more powerful AI models.

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Understanding Closed-Loop Tokens: Enhanced Security and Customization

Closed-Loop Tokens (CLTs) offer enhanced security, compliance, and tailored functionality for specific applications, according to The Sui Blog. (Read More)

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Unicoin and Executives Facing SEC Charges for Alleged $100 Million Fraud A Closer Look

The Securities and Exchange Commission (SEC) has brought charges against UnicoIN for an alleged $100 million fraud scheme. The SEC claims that UnicoIN misled investors by promoting a fraudulent investment opportunity in cryptocurrency. This case highlights the importance of conducting thorough due diligence before investing in any cryptocurrency project. According to the SEC, UnicoIN lured [...]

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Bitcoin Achieves Record Weekly Close Following Highest-Ever Daily Close Candle

Bitcoin has ended the week on a high note, achieving the highest weekly close after a remarkable increase in its daily candle close. This significant upward trend in Bitcoin’s price has excited many investors and experts in the crypto space. The cryptocurrency market has been closely monitoring Bitcoin’s performance, and the recent surge has generated [...]

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ZKasino Scammer Loses $27 Million Due to Ethereum Price Plummet

A fraudster associated with the ZKasino scam has suffered a substantial financial loss amounting to $27 million following liquidation proceedings. The individual’s nefarious activities have caught up with them, resulting in severe consequences. This incident serves as a cautionary tale for those engaging in deceptive schemes within the cryptocurrency space. The repercussions of engaging in [...]

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US Trade Tariffs Cause Crypto ETPs to Lose $240M in a Week, Reports CoinShares

The cryptocurrency market witnessed a significant milestone as the Crypto Exchange Traded Product (ETP) managed to evade $240 million worth of US trade tariffs. CoinShares, a prominent player in the crypto industry, was behind this strategic move. By successfully navigating around the tariffs, CoinShares has demonstrated its ability to innovate and adapt to changing regulatory [...]

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Bitcoin Plunges by 8%, US Markets Lose $2 Trillion Will Traders See an Overbought Rebound?

Bitcoin experienced an 8% decrease in value, leading to a $2 trillion loss in the US markets. Traders are now wondering if an oversold bounce can be expected amidst the current market conditions. The sudden drop in Bitcoin’s price has had a ripple effect on the overall financial markets in the United States. This significant [...]

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US lawmakers demand SEC to disclose information on crypto company supported by Trump family

Lawmakers in the United States are calling on the Securities and Exchange Commission (SEC) to take action against Mark Uyeda and World Liberty Financial following allegations of misconduct brought against them by President Donald Trump. The SEC has been urged to investigate Uyeda and World Liberty Financial for potential violations of securities laws. This move [...]

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Bybit closes down additional Web3 services following NFT marketplace shutdown

Bybit Halts Operations of Four Additional Services Following Closure of NFT Exchange In the wake of the closure of its NFT exchange, Bybit has made the decision to shut down four more services. The popular crypto trading platform announced that it would be discontinuing these services to focus on other areas of its business. Bybit, [...]

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S&P 500 Experiences Bitcoin-Like Volatility During Trump Tariff Tensions: A Closer Look

The S&P 500 experienced a brief moment of volatility closely tied to the level of Bitcoin, as investors navigated through the ongoing Trump tariff war. This correlation between traditional markets like the S&P 500 and the cryptocurrency market highlights the interconnected nature of all financial sectors in today’s global economy. The fluctuations in the S&P [...]

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SEC Closes Investigation into Yuga Labs, Trump Seeks NFT Marketplace Trademark: Exciting News in Nifty Newsletter

The US Securities and Exchange Commission (SEC) has ended its investigation into Yuga Labs, the creators of the popular Bored Ape Yacht Club NFT collection. This news comes as a relief to the NFT community, as it signals a shift towards more clarity and understanding of the regulatory landscape surrounding digital assets. In other NFT [...]

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Bitcoin inches closer to $80,000 as USD rebounds from 12-week low

Bitcoin is edging closer to the $80,000 mark as the US dollar hits a 12-week low. The popular cryptocurrency has been steadily climbing in value, fueled by a weak dollar and increased investor interest. This surge in Bitcoin’s price is a clear indication of the growing acceptance and adoption of digital currencies in the mainstream [...]

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The Hidden Risks of Asset Tokenization: A Closer Look at Centralization from MEXC Executives

Asset tokenization is a trending topic in the world of finance and blockchain technology. By digitizing assets and creating tokens that represent ownership, tokenization promises increased liquidity, accessibility, and efficiency in traditional asset markets. However, there is a dark side to this innovative concept – centralization. In a recent interview with the CEO of MEXC [...]

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IRS DeFi Broker Rule Repeal Inches Closer to Approval by President Trump

The Senate has passed a resolution to overturn the IRS’ proposed crypto broker rule under the Trump administration. This move is a significant win for the decentralized finance (DeFi) industry and crypto investors who were concerned about the potential impact of the rule on their financial activities. The resolution, which was passed with bipartisan support, [...]

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Bitcoin and Ethereum poised to close out Q1 with losses, chances of vertical swing up slim

Bitcoin and Ether Experience Decline in Q1 2025, Analysts Don’t Expect a Quick Rebound According to experts, both Bitcoin and Ether have seen a decrease in their performance during the first quarter of 2025. Analysts are not optimistic about a swift recovery for these popular cryptocurrencies. The ongoing market volatility and various external factors have [...]

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SEC Investigation into Immutable Closed After Almost 5 Months Following Wells Notice

The Securities and Exchange Commission (SEC) has concluded its investigation into blockchain company Immutable Capital five months after issuing a Wells Notice. The investigation was related to potential violations of securities laws by Immutable Capital. The Wells Notice, issued by the SEC, alerts a company or individual that the Commission staff is considering recommending enforcement [...]

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Bitcoin Must Secure Weekly Close Above $85,000 to Prevent Dip to $76,000, Warn Analysts

Bitcoin’s weekly close at $85,000 brings about a correction to $76,000, according to analysts. The cryptocurrency market has been experiencing significant fluctuations, with Bitcoin prices fluctuating considerably. Investors are closely monitoring the market to anticipate any potential shifts in the coming weeks. The recent drop in Bitcoin prices has sparked discussions among investors and analysts [...]

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Bitcoin Dump Owner Loses Appeal, Cites Final Legal Resort

A British citizen who mistakenly threw away a hard drive containing Bitcoin worth over $300 million has lost his appeal in the UK court. The man, James Howells, had been seeking permission to search a landfill site for the discarded hard drive, but the court ruled against him. Howells claimed that he accidentally disposed of [...]

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Bitcoin Needs Weekly Close Above $81K to Steer Clear of Potential Downside Before FOMC Meeting

Bitcoin closed the week at $81k, managing to avoid downside risks ahead of the Federal Open Market Committee (FOMC) meeting. This crucial event had investors on edge as they awaited the outcome of the meeting and its impact on the markets. Despite some volatility throughout the week, Bitcoin held strong above the $80k level, showing [...]

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