In brief Over five days in August, Bitcoin rose 24.6% while coin-denominated open interest fell 12.6%, meaning the rally ran on unwinding …
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Bitcoin’s Sharpest Rally in Five Months Flips Markets From Bearish to Coin Flip
by shayaanby shayaanIn brief Bitcoin jumped as much as 8.7% Wednesday to an intraday high of $69,749, its steepest one-day move since March 4 …
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Mining
Bitcoin difficulty drops by over 11%, in sharpest drop since 2021 China ban
by shayaanby shayaanThe Bitcoin network mining difficulty, a metric tracking the relative challenge of adding new blocks to the Bitcoin ($BTC) ledger, fell by …
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Markets
Tether's Market Value Sees Sharpest Decline Since FTX Crash as MiCA Kicks In
by shayaanby shayaanTether’s USDT, the world’s leading dollar-pegged stablecoin, has experienced the sharpest weekly decline in market value in two years, spurring market volatility …