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Bitcoin is shaping up to enter a bear market and likely won't recover until 2025, co-founder of Huobi crypto exchange says

"Following this cycle, it won't be until end of 2024 to beginning of 2025 that we can welcome next …

Harry Robertson   


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A Coinbase user lost $11.6 million in under 10 minutes after falling for a fake-notification scam, the US Attorneys Office said

A Coinbase user bought 200 bitcoin, then got a fake notification from a scammer and lost $11.2 mill…

Kevin Shalvey   


Shalini Nagarajan   


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1 min read

Bitcoin's sudden and sharp rally just cost crypto bears $178 million in 24 hours

Trading data shows a mountain of losses for bearish bets across top crypto exchanges as bitcoin ral…

Phil Rosen   


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A former manager at a major crypto exchange is accused of making illegal trades to bank $5 million in tether, report says

Boliang reportedly made a retail account in his father's name and then deposited $20 million of cre…

Matthew Fox   


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One of the world's largest crypto exchanges foresees bitcoin entering a bear market this year

A new report from cryptocurrency exchange operator Huobi predicts that bitcoin could depreciate as …

Weilun Soon   


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Dubai-based DeFi platform raises $4.5 million in seed funding

Dubai-based DeFi platform ZKX raised $4.5 million in seed funding today from StarkWare, Alameda Res…

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FBI says North Korea-backed hackers stole $100 million from crypto firm Harmony's Horizon Bridge

US prosecutors confirmed that Lazarus Group and APT38 were behind a June hack on crypto firm Harmon…

Ryan Hogg   


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A top crypto exec shares why GameFi is so hot right now - and lists 2 reasons why play-to-earn-games like Axie Infinity are taking the market by storm

Investors are fired up by the rapid use case of DeFi and excitement around making money off NFT gam…

Shalini Nagarajan   


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Binance grabbed 66% of crypto trading volumes on centralized exchanges in the 4th quarter of 2022 as the industry consolidated following the fall of FTX

Trading volumes on top centralized exchanges declined 46.2% throughout 2022 amid a deep bear market…

Morgan Chittum   


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Bitcoin mining: Despite the crackdown, China is back as the second-largest miner

China’s commitment to preventing Bitcoin miners from running operations in the country seems to be …

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Bitcoin tumbled to 4-month low after crypto miners halted operations in China

Bitcoin fell below $32,000 for the first time since January as crypto miners halted operations in C…

Sophie Kiderlin   


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China's oldest crypto exchange exits cryptocurrency business amid government crackdown on Bitcoin mining

However, unlike BTCC, many crypto exchanges that Chinese citizens were using st…

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Cryptocurrency miners in China may move their operations overseas as Beijing intensifies its crackdown

“In the long term, nearly all of Chinese crypto mining rigs will be sold overseas, as Chinese …

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Here’s how China’s 2021 crypto crackdown in 2021 differs from the 2017 ban

Despite the restrictions, the Asian dragon still rose to become the top cryptocurrency miner in …

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Amid bitcoin bear market, these are the 5 best performing cryptocurrencies over the past week

Keeping an eye on the weekly winners can help investors identify which cryptocurrencies are beginni…

Matthew Fox   


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Crypto trading volume fell 43% in June following China's crackdown on the sector

June saw bitcoin bottom out at $28,908, driven by the Chinese government's escalating campaign to c…

Ethan Wu   


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Binance to halt Chinese yuan-crypto trading and restrict mainland China customers to withdrawals only

Users in mainland China will be allowed to only make withdrawals, redeem, or close positions, Binan…

Shalini Nagarajan   


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4 mins read

Crypto’s ‘great mining migration’ has Chinese miners looking at Texas

What sets the southern US state apart is that its politicians are pro-crypto, which could he…