Investors were eagerly anticipating the House vote on the debt limit deal, which was set to take place on Wednesday.
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One observer stated that the wave of liquidation stemming from the narrative of decreasing inflation has exhausted its impact, and the market is in need of a fresh catalyst and theme to drive prices upward.
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This week, the mining difficulty of Bitcoin is expected to reach an unprecedented level as miners actively introduce new mining equipment to take advantage of the recent surge in profits.
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Florida's governor and the Republican Party's newest frontrunner engaged in a Twitter conversation with Elon Musk, discussing the realms of cryptocurrency and central bank digital currencies.
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The miner stands to earn up to $75 million in management fees for the Celsius mining rigs over a span of five years, making it a highly lucrative venture.
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Coinbase has partnered with Bitpanda Technology Solutions, an infrastructure layer provider specializing in business-to-business solutions, to establish direct connections with banks and fintech companies.
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Unciphered, a renowned cybersecurity firm specializing in the retrieval of misplaced cryptocurrencies, claims to have discovered a method to physically breach the security of the Trezor T hardware wallet. Trezor has acknowledged the existence of a comparable attack vector several years ago.
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Macro analyst Tom Dunleavy suggests that the stablecoin market's contraction is indicative of the ongoing bearish phase in the crypto market.
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