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This week saw Bitcoin drop down to below $54,000 on Tuesday before the price bounced back up to just under $60,000 and is currently trading around $58,900. Ethereum hopes to regain the $2,000 and could be primed for a bull run. Cardano has been hot this week with, with the announcement of its listing on Coinbase Pro. Grayscale added 5 new digital currency investment trusts.
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Data analytics platform CryptoQuant noted that the Ethereum reserves across all the exchanges have been declining lately.
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Long Beach (CoinChapter): Cardano has been one of the best-performing cryptocurrencies this year. The latest rally seems to be due to the March 16 announcement that it would be listed on the Coinbase exchange. That announcement resulted in a new push to as high as $1.47 on March 18, though it has since retreated down to $1.29 at the time …
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Long Beach (CoinChapter): The United States SEC announced that it has received VanEck's application for a proposed Bitcoin ETF. Should it be approved, it sets the stage for the first bitcoin ETF to be launched on an American exchange. The SEC has rejected all prior Bitcoin ETF applications. They have cited potential market manipulation among a number of other concerns …
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Long Beach (CoinChapter): Cream Finance was one of many DeFi protocols to fall victim to a DNS hijacking on March 15. The protocol was ultimately able to regain control of its DNS and released a report detailing exactly what happened. Cream started off the postmortem report by ensuring users their funds were safe and that they had regained control of …
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Ethereum prices fell Thursday, paring a portion of its gains in the previous session as it maintained its correlation with an equally depressive Bitcoin.
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