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Solana, XRP Lead Crypto Drop With U.S. Closed for Presidents’ Day

Crypto markets fell Monday as traders locked in profits and looked for new catalysts to determine positioning while the U.S. observed President’s Day. Solana (SOL) and XRP slipped 4% to lead losses among major cryptocurrencies, with bitcoin (BTC) dropping 1.1% and BNB Chain’s bnb down 0.5% in the past 24 hours. Dogecoin (DOGE) lost 3%. […]

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U.S.-Listed Bitcoin Miners Are Growing Their Share of the Network Hashrate: Bernstein

Bitcoin (BTC) miners listed in the U.S. are growing their share of the network hashrate, broker Bernstein said in a report Monday. The hashrate refers to the total combined computational power used to mine and process transactions on a proof-of-work blockchain and is a proxy for competition in the industry and mining difficulty. “U.S. listed

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India’s Directorate of Enforcement Seizes $190M in BitConnect Fraud Case

India’s anti-money laundering unit said it seized about 16.5 billion rupees ($190 million) worth of crypto, some cash and a Lexus car during investigations into the collapse of the BitConnect cryptocurrency fraud. BitConnect, founded in 2016 by Satish Kumbhani, raised billions of dollars from investors for a protocol that purportedly paid out 10% in interest

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Metaplanet Spends Another $26M Buying Bitcoin, Lifting Holdings Above 2K BTC

Metaplanet (3350) said it bought a further 269.43 bitcoin (BTC), strengthening its position as a major corporate holder of the cryptocurrency. The latest purchase, valued at 4 billion yen ($26.4 million), takes the Tokyo-based company’s holdings to 2,031.41 BTC. The purchase is part of the company’s ongoing Bitcoin Treasury Operations; it started buying the largest

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U.S. Crypto Task Force to Focus on Delivering National Bitcoin Reserve: Bernstein

The U.S. crypto task force will focus on starting up a national bitcoin (BTC) reserve, a move that is likely to spur similar efforts worldwide, broker Bernstein said in a research report Monday. “A creation of a U.S. bitcoin reserve could lead to a global race amongst sovereigns to buy bitcoin as one of the

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In a Lethargic Bitcoin Market, BTC $110K Option Play Emerges as Top Trading Strategy

Bitcoin (BTC) has been relatively listless this month, hunching below $100,000. However, this hasn’t deterred traders from continuing to bet bullishly on the leading cryptocurrency. This month’s most preferred options play has been buying the $110,000 call expiring on March 28, with buyers paying a cumulative net premium of over $6 million for the bullish

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Argentina Opposition Threatens Milei With Impeachment Over LIBRA Token Tweet: Reuters

Argentina’s President Javier Milei is facing impeachment threats after endorsing a cryptocurrency called LIBRA, purportedly intended to support small businesses, which instead crashed and lost billions of dollars in value within hours, according to Reuters. In a now-deleted late Friday post on X, Milei promoted LIBRA as a privately run project designed to raise money

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Wrapped AVAX Sees Increased Wallet Accumulation Amid Bybit Card Cashback Adoption

Wrapped AVAX (WAVAX) has seen a surge in wallet accumulation on the Avalanche blockchain, even as its price dropped more than 4% over the past 24 hours, data from TheTie shows. A total of 3,898 wallets added to their WAVAX holdings today—nearly twice the recent average of 1,600, the data shows. A wrapped token is

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Gold-backed Tokens Underperform While Wall Street Calls for Dip Buying in Precious Metal

Cryptocurrencies backed by gold have underperformed over the week as the price of the precious metal saw a significant drop after moving up more than 10% so far this year. The decline came as speculation surrounding Trump’s tariffs being a negotiating tool. Gold-backed tokens, including Paxos gold (PAXG) and Tether gold (XAUT), have declined roughly

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