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History repeating itself would be good news for those looking to enjoy further BTC price upside. Bitcoin (BTC) lost a key bear market trendline last week as it shed almost 12%, but other chart data offers a silver lining for bulls. As noted by popular Twitter user Dave the wave on Aug. 24, long-term moving...
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Part of its actions will include raising public awareness about the risks inherent in crypto-assets and decentralized finance. Australia’s financial regulator, Australia’s Securities and Investments Commission (ASIC) has pledged to put crypto assets and decentralized finance (DeFi) firmly in its sights over the next four years.  According to ASIC’s newly released “Corporate Plan” released on...
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Trader Joe says its “Liquidity Book” will mitigate the impermanent loss “suffered by so many liquidity providers on other DEXs” during times of market turbulence. Avalanche-based decentralized finance (DeFi) protocol Trader Joe claims it may have found a way to mitigate one of DeFi’s biggest weaknesses — impermanent loss.  In a newly released whitepaper on...
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“It’s clear from the draft framework that what they’re looking at is wagering using cryptocurrency,” said Julian Hoskins, the principle of gambling law and regulatory advisory firm Senet. Australia’s Northern Territory Racing Commission (NTRC) is consulting with its gambling licensees over a tentative proposal to incorporate crypto wagering as part of the regulated gambling industry....
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It’s too bad, as a majority of the crypto investors surveyed said they became interested in crypto as they thought it was a good way to make money. Amid the ongoing crypto winter, new data from a Pew Research Centre survey has shown that 46% of adult crypto users in the United States are seeing...
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Crypto educated American moms and dads are already sinking an average of $766 into extra-curricular crypto education for their kids, according to the survey. Over two-thirds of U.S. parents and college graduates with an understanding or involvement in crypto believe that crypto should be taught in schools in order for students to “learn about the...
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Metagame’s founder, who’s behind the NFT offering said he has no idea whether it’ll actually incentivize hackers to return funds, but it’ll “be cool if it does!” Hackers behind the $190 million Nomad Bridge are now being incentivized with “whitehat” themed non-fungible tokens (NFTs) if they return nearly all of the funds they stole from...
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BTC bulls were liquidated in last week’s drop to $20,800, meaning even more downside could occur if this level fails ahead of this week’s $1 billion options expiry. Bitcoin (BTC) experienced a 16.5% correction between Aug. 15 and Aug. 19 as it tested the $20,800 support. While the drop is startling, in reality a $4,050...
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Crypto lender Celsius has gone on the offensive against former staking and DeFi strategy associate KeyFi and its CEO, which had sued it a week before it went bankrupt. Bankrupt crypto lending company Celsius countersued decentralized finance (DeFi) protocol KeyFi and its CEO Jason Stone on Tuesday in the United States Bankruptcy Court claiming Stone...
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Non crypto-related factors continue to weigh on BTC price, but a key on-chain metric that called previous market bottoms suggests Bitcoin is severely undervalued. Bitcoin (BTC) price remains pinned below $22,000 as the lingering impact of the Aug. 19 sell-off at $25,200 continues to be felt across the market.  According to analysts from on-chain monitoring...
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