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Bitcoin supply on exchanges is falling ‘due to public company purchases’ — Fidelity

Bitcoin reserves on cryptocurrency exchanges have dropped to their lowest level in more than six years, as publicly traded companies ramp up their accumulation of the digital asset following the US presidential election, according to Fidelity Digital Assets.  “We have seen Bitcoin supply on exchanges dropping due to public company purchases — something we anticipate…

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Why is XRP price down today?

Why is XRP price down today?

Key takeaways: XRP price drops 5% amid a marketwide correction. XRP Ledger Foundation spots a backdoor vulnerability in its code library. The 6% drop in open interest over the last 24 hours signals waning confidence.  Over $11 million in long position liquidations liquidated. XRP (XRP) fell on April 24, down 5% in the last 24…

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Trump fought the bond market, the bond market won: Saifedean Ammous

Analysts are criticizing the financial implications of US President Donald Trump’s import tariffs, a development that some say highlights Bitcoin’s unique economic properties during times of global uncertainty. Trump’s 90-day pause on higher reciprocal tariffs, reverting them to a 10% baseline for most countries except China, has exposed vulnerabilities in the US bond market, according…

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Upbit and Bithumb suspend Synthetix token deposits, citing sUSD risks

South Korean exchanges Upbit and Bithumb have suspended deposits for Synthetix (SNX) tokens after it was flagged by the Digital Asset Exchange Alliance (DAXA) for potential risks. DAXA, the self-regulatory organization establishing industry standards for South Korean exchanges, designated SNX as a cautionary item.  Assets receiving this designation typically undergo rigorous evaluations to determine whether…

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