Crypto EcoBlog
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Read More »Swiss Crypto Bank Sygnum Adds 20 New Lenders for Business Enhancements
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Read More »South Korea’s Seoul High Court Rules in Favor of Fantom Foundation over Network Development’s Ownership
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Read More »Tron Founder Justin Sun Dumps 173M TRX, Price Crash Ahead?
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Read More »Bybit Becomes 2nd Largest Exchange Globally after FTX Collapse
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Read More »Gulf Energy Invests $271M to Boost AI Data Center Facility
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Read More »JPMorgan Analysts: Mt. Gox Repayments Might Trigger Market Slump
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Read More »Fuse and NexusPay Team Up to Enhance Crypto Payments for African Users
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Read More »Bitcoin Longs Suffer $150 Million in Liquidations, Derivatives Turning Bearish
As bitcoin dropped below $60,000 on Tuesday, over $150 million of longs were liquidated due to the lack of sufficient margins. Longs, or futures, bet on the price increases any asset would witness, thus causing bitcoin’s long traders to register losses. Now, derivatives metrics show how a bullish sentiment has turned neutral among traders after five weeks. Traders have thus begun moving away from the risks of bitcoin, especially in a time like this. It has been the case since at least June...
Read More »Crypto Investors Can Lose $25B to Deep Fakes in 2024, Says Bitget
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