Bitcoin pulls back to $120K, sparking $120M in liquidations
Key Takeaways Bitcoin’s brief dip to $120K triggered over $120 million in liquidations, led by Bitcoin, Ethereum, and Solana positions.
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Pulls
Powell’s Fed Pulls Trigger on Quarter-Point Cut
The Federal Reserve trimmed its benchmark rate by a quarter point on Wednesday, signaling caution as growth cools and inflation
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Huge Outflow on Blackrock’s IBIT Pulls Bitcoin ETFs Into Red Zone
Bitcoin exchange-traded funds (ETFs) saw a second consecutive day of net outflows, shedding $48 million despite inflows across five funds,
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Sovereign Wealth Funds Are Quietly Buying Bitcoin as Retail Pulls Back
Key Takeaways: Sovereign wealth funds and institutional investors are increasing their Bitcoin holdings. Retail investors are exiting through ETFs and
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New York introduces new bill to crack down on crypto rug pulls and private key theft
Key Takeaways New York State Assembly introduced a bill targeting crypto fraud with penalties up to $25 million. The bill
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Market Wrap: Bitcoin Pulls Back From $13K While Ether Falls on DeFi Cooling
Bitcoin has pulled back from 2020’s highs while ether slips as DeFi cools off. Bitcoin (BTC) trading around $12,919.97 as
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