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Bitcoin risks 50% drop as BTC’s positive correlation with US stocks grows
Bitcoin’s 20-week rolling correlation with the S&P 500 has turned positive, a signal that has historically preceded major BTC price declines.
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Resolv says no assets lost as DeFi protocols respond to USR exploit
USR issuer Resolv Labs says its collateral pool remains intact after an exploit on Sunday that minted 80 million unbacked tokens and drove the US dollar stablecoin as low as $0.14.
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Salty, Sweet…and Labeled: A Modest Call for Informed Choices by Len Foxwell
We’ve all been there. Think about those busy weeknights, after a long day at work and a stressful, bumper-to-bumper commute home. Or, perhaps, following Little League practice or a middle school theater rehearsal. It’s getting late, everyone’s tired, and you have neither the time nor energy to prepare a home-cooked Read more
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Mercury in Retrograde By Laura J. Oliver
Lisa is my ride-or-die this Friday morning, and yes, I had to look up the phrase to see what it means. It feels both stupid and appropriate as she pulls up in front of my house at 8:30 a.m., dark, chin-length bob with bangs, red lipstick, and a broad smile Read more
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Google Threat Intel flags ‘Ghostblade’ crypto-stealing malware
Ghostblade is one of six malware tools in the “DarkSword” suite of malicious software designed to steal crypto private keys and user data.
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Bitcoin price aims to hold $70K amid rising inflation concerns
Bitcoin searches for equilibrium at $70,000 while rising crude oil prices and tanking stock markets have investors worried over the future of inflation in the US.
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Rumors emerge of a CLARITY Act deal between White House and lawmakers
The deal reportedly focuses on stablecoin yield and interest-bearing stable tokens, a major pain point for the banking industry.
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Grayscale files S-1 for Hyperliquid ETF, joining Bitwise, 21Shares
Unlike Bitwise, Grayscale doesn’t plan to incorporate staking for its Hyperliquid ETF but hasn’t ruled out integrating it in the future.
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Gold sees biggest weekly fall in 43 years as Iran war rages on
Gold is also being impacted by rising anticipation that the US Federal Reserve won’t cut interest rates this year, while Fed chair Jerome Powell said inflation would rise.
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Bitcoin weakness deepens as war pushes traders to cut risk in BTC and stocks
Bitcoin price remains rocky, and BTC and equities ETF outflows soar as the US and Israel-Iran war enters a fourth week.