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Analysis

Mt. Gox $2.7 billion repayment news drives Bitcoin to five-month low under $55,000

Bitcoin price slumped to a five-month low of under $55,000 after the defunct exchange Mt. Gox confirmed that it has begun repaying creditors. Mt....

Standard Charter reports $30 trillion tokenised real-world asset market by 2034

According to a report by Standard Chartered, the market for tokenized real-world assets is projected to reach $30.1 trillion by 2034. This significant market...

Bitcoin tumbles as whale sells 3,500 BTC, $310 million liquidated in 24 hours

Bitcoin continues to experience significant volatility, extending a downward trend that began last month. According to CryptoSlate’s data, Bitcoin’s price has dropped approximately 6%...

BloFin warns of low crypto market liquidity amid macroeconomic shifts

Crypto exchange BloFin warned that Bitcoin price faces high downside risk due to the current level of liquidity in the market, according to a...

Bitcoin set for ‘bullish July’ after June slump, analysts predict

Several market analysts expect Bitcoin to rebound strongly in July after declining by around 7% in June. Last month, BTC faced heavy selling pressure...

Crypto losses stemming from hacks, rug pulls up 112% YoY – Immunefi

The crypto ecosystem experienced significant losses in the second quarter of 2024, with a total of $572.7 million lost due to hacks and frauds...

BloFin believes spot Ethereum ETFs will drive short-term surge in ETH prices

Crypto exchange BloFin believes the imminent launch of spot Ethereum exchange-traded funds (ETFs) in the US will drive a short-term surge in ETH prices...

BTC derivatives contradict what Bitcoin stands for, inflating off-chain value beyond resources

Bitcoin is a revolutionary concept—a decentralized, peer-to-peer electronic cash system, store of value, timestamping server, and event sequencer with a fixed supply directly tied...

Only 0.47% of money laundering uses Bitcoin and crypto out of $5 trillion globally

A new report from ivezz.com reveals that every year, an estimated 2-5% of the global GDP is laundered, translating to up to $5.05 trillion...

McKinsey believes mainstream adoption of tokenization ‘still far’ despite major advancements

McKinsey believes that tokenization of financial assets has advanced to a critical tipping point yet faces hurdles that hinder its widespread acceptance. According to...

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