Bitlink Launches Global Synchronized Beta: Unlock Limitless Possibilities with New User Benefits

Bitlink, a revolutionary cryptocurrency exchange, is proud to announce its global synchronized beta testing. Combining traditional centralized exchange mechanisms with innovative Web3 features, Bitlink is at the forefront of the crypto landscape. The platform’s Web3-integrated ecosystem allows users to mine and trade Non-Fungible Tokens (NFTs) and earn rewards through node mining. Bitlink is committed to […]

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Cryptocurrency Whale Suffers $5.1 Million Loss in Poorly Timed Long Positions

A cryptocurrency whale has recently reported massive losses due to poor timing of long positions on perpetual contracts. According to Lookonchain, the whale was liquidated when Ethereum dropped from over $1.86k to below $1.7k, resulting in a loss of $3.8 million. Another long position was tracked 13 days ago, when Ethereum was seemingly increasing in […]

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Polygon’s MATIC Token Transforms Into Third-Generation POL Token

Polygon Labs has unveiled ambitious plans to upgrade the MATIC token to the third-generation POL token, introducing a new staking concept that enables secure validation of multiple chains without added risks. This transition will be enacted with a straightforward 1:1 ratio, ensuring that existing MATIC holders glide effortlessly into the realm of the freshly introduced […]

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Elon Musk Quashes Possibility of X Cryptocurrency Token Launch

Elon Musk has recently quashed any possibility that his social media platform X, formerly Twitter, would launch a cryptocurrency token. In response to a developer’s post on the site, Musk shared his insight that the platform’s primary goal is to integrate real-world financial functionality rather than having a cryptocurrency substitute. This marks the second instance […]

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US Dollar at Inflection Point as Core PCE and NFP Reports Loom

The US dollar is at an inflection point, and today’s Core PCE data and the August NFP report will be key in determining its direction. This week, the EUR/USD has bounced from 0.95 to 1.12, and Bitcoin and other cryptocurrencies have rallied in tandem. However, the EUR/USD could not hold above 1.12, and neither could […]

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Shiba Inu Network Sees 700% Increase in High-Value Transactions After Shibarium Launch

The Shiba Inu network has seen an incredible surge in activity, with IntoTheBlock Market Intelligence reporting a 700% increase in high-value transactions. This is largely due to the launch of the Shibarium platform, a Layer-2 network backed by Shiba Inu’s native SHIB tokens. After some initial hiccups, the Shibarium Bridge became operational on August 28, […]

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Crypto Analyst Predicts Huge Year for Digital Assets in US ETFs

Jamie Coutts, a crypto market analyst at Bloomberg Intelligence, believes that the upcoming year could be a big one for digital assets. He recently posted on the social media platform X that the US currently accounts for 80% of total Bitcoin (BTC) fund assets, despite the U.S. Securities and Exchange Commission’s (SEC) stance on crypto. […]

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Bitcoin Withdrawal Surge Sparks Exchange Dynamics and Speculation

The recent surge in Bitcoin withdrawals from exchanges has stirred up the dynamics of the cryptocurrency market and has prompted speculation on the growing confidence of Bitcoin holders. Analysts have observed that the number of Bitcoin withdrawals from exchanges has increased significantly in the past few weeks, with the amount of Bitcoin withdrawn from exchanges […]

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Robinhood Holds Fifth-Largest Ethereum Wallet Worth $2.54 Billion

Robinhood, a popular stock trading platform, has been revealed to be the owner of the fifth-largest Ethereum (ETH) wallet, containing approximately $2.54 billion worth of ETH. This wallet also holds various other cryptocurrencies, such as 122,076 Bitcoin (BTC) ($3.3 billion), 34.1 trillion Shiba Inu (SHIB) ($277.8 million), 4.9 million Chainlink (LINK) ($29.7 million) and 2.6 […]

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