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Bitcoin has fallen below its realized price in all previous bear market cycles. After 79 days in the red, Bitcoin's current price suggests a bottom may be forming around $20,000.
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Tensions between the United States and China over Taiwan combine with market instability and a local high for Bitcoin.
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Ark Invest paid $75 million for 1.41 million Coinbase shares, citing the exchange's poor performance as the key cause.
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VCs have money to invest in crypto startups, but some are waiting for bigger opportunities that should present itself around September.
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Bitcoin has benefited from the return of risk-on appetite, with a spike above $23,000, and the significant break to the upside has some analysts calling the bottom.
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Rumors of a liquidity issue at Coinbase have been debunked by the community, since outflows vary in a volatile crypto market.
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The drop in VC investments in crypto businesses parallels the overall downturn in VC funding across industries, despite the fact that the number of deals increased.
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The hashrate of bitcoin mining has plunged to a five-month low after miners in Texas momentarily ceased operations.
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During the current market turmoil, Bitcoin whales have aggressively purchased BTC, according to on-chain data analytics firm Santiment.
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SBF's Alameda Research has issued its first Twitter, declaring that it is eager to repay the Voyager loan