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News Editor

News Editor
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US launches first nuclear-powered Bitcoin mining plant

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TL;DR Breakdown TeraWulf announced that it has successfully energized its entire 50-MW stake in the Nautilus Cryptomine facility, marking the launch of the first-ever US...

Cardano price analysis: Bearish momentum in the ADA market persists after...

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TL;DR Breakdown The ADA token is bearish today The Cardano price is at $0.4052, down 3.64% over the past 24 hours Resistance for ADA/USD is present at...

Uniswap price analysis: UNI retraces to $5.77 after a bearish takeover

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TL;DR Breakdown Uniswap price analysis is bearish today UNI/USD retests support at $5.69 Uniswap price has seen resistance at $5.93 Uniswap price analysis shows bearish price movement today. A...

Texas House Passes Cryptocurrency Bill Requiring Proof-of-Reserves

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TL;DR Breakdown Texas House of Representatives passed a bill mandating crypto exchanges to provide proof of reserves for accountability and transparency. This move towards greater transparency...

Coinbase (COIN) shares under selling pressure amid regulatory crackdown

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TL;DR Breakdown Coinbase's regulatory issues have led to uncertainty about the company's long-term sustainability and have put significant pressure on its stock price. The company is...

EOS price analysis: Bulls win back momentum after a bearish slope...

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TL;DR Breakdown According to EOS price analysis the price levels have risen to $1.109 level. Slight rise in price levels have been observed today. Resistance for EOS...

BlockFi Granted Extension on Filing Reorganization Plan

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TL;DR Breakdown BlockFi has been granted an extension to file its reorganization plan by a bankruptcy judge, with a new deadline set for mid-May. The...

BlockFi secures extension to submit bankruptcy strategy plan

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TL;DR Breakdown BlockFi, a crypto lender platform that filed for bankruptcy, has secured additional time to submit its bankruptcy strategy plan. BlockFi has until May 15...

Helium Migrates to Solana Blockchain: A New Era for Decentralized Wireless...

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TL;DR Breakdown Helium, the largest decentralized wireless network in the world, has migrated to the Solana blockchain. The migration will benefit the network users and community,...

Bank of England’s “Project Meridian” successfully tests DLT for interbank transactions

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TL;DR Breakdown The Bank of England has successfully tested distributed ledger technology (DLT). DLT serves as a reliable system for recording transactions. DLT can improve interbank transactions...
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