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Bitcoin ($BTC) retraced to $76,500 from above $79,000 amid declining consumer sentiment and rising inflation expectations, limiting bullish momentum. Fed expected to maintain interest rates this week. #Update #Crypto $BTC
@Bitmine Immersion Technologies purchased 101,901 $ETH for $234 million last week, nearing @MicroStrategy’s bitcoin acquisition pace, holding over 5 million tokens now. #Update #Crypto $ETH
@Curve founder Michael Egorov proposes a market-based recovery for $700K bad debt in LlamaLend, allowing traders to buy distressed positions as CRV remains at $0.23. #Update #Crypto $CRV
@WesternUnion is set to launch its U.S. dollar stablecoin (USDPT) next month, aiming to enhance real-time payment settlements, reducing reliance on traditional banking systems. #Update #Crypto $SOL
Aave is leading a coordinated recovery effort, raising $303 million after the Kelp DAO exploit, with contributions from various DeFi entities including @Consensys and @LidoFinance. #Update #Crypto $AAVE
Bitcoin’s rally stalls near $79,400, showing signs of fatigue as the Coinbase premium index turns negative for the first time since April. Price trades around $77,000. #Update #Crypto $BTC
@MARA Holdings CEO Fred Thiel launched the MARA Foundation at the Bitcoin Conference to enhance bitcoin’s resilience, focusing on security, research funding, and community engagement. #Update #Crypto $BTC
International stablecoin payments in B2B transactions are projected to reach $5 trillion by 2035, driven by their efficiency over traditional banking, according to Juniper Research. #Update #Crypto $USDC
@Bitmine Immersion Technologies (BMNR) purchased 101,901 $ETH for $236 million, raising total holdings to 5,078,386 tokens, or 4.21% of circulating supply; total assets now $13.3 billion. #Update #Crypto $ETH
The EU has imposed a total ban on Russian crypto providers and platforms, including sanctions on the RUBx stablecoin, targeting Russia’s reliance on cryptocurrencies for international transactions. #Breaking #Crypto $RUBx
Bitcoin ($BTC) shows strong momentum around $78,000; however, potential Fed rate decisions and inflation could lead it to dip to $72,000–$74,000 in the short term. #Update #Crypto $BTC
@Bybit CEO Ben Zhou warns that a Markets in Crypto Assets (MiCA) license isn’t enough for profitability in Europe, citing the need for additional licenses like MiFID II and EMI. #Update #Crypto $BTC $ETH
A study reveals only 3% of traders on @Polymarket drive price accuracy, with informed traders outperforming the crowd; implications for insider trading rules remain. #Update #Crypto $BTC $ETH
Freezing 5.6 million dormant $BTC could lead to an immediate repricing, marking one of Bitcoin’s worst trading days, according to developers discussing quantum computing threats. #Update #Crypto $BTC
