Cointelegraph By Ciaran Lyons
Bitcoin short-term holders are currently holding a 3% unrealized loss but it “isn’t the end of the world,” according to a crypto analyst.
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Dogecoin’s open interest saw the steepest decline among the top ten cryptocurrencies by market cap, falling 64% since the start of April.
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Crypto traders are stressing that the Bitcoin price correction is “exactly what the cycle needs” right now.
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Google Cloud recently launched a Web3 portal with testnet tools, blockchain datasets, and learning resources for developers, receiving mixed reactions from the crypto industry.
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Recent regulatory action against Consensys and Samourai has instilled fear among other crypto service providers operating in the United States.
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Nvidia's share price saw a 15% increase after a brief slump during the previous trading week, prompting analysts to speculate about the price movements of AI crypto tokens.
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Republic First Bank's 32 branches across the United States will reportedly reopen under Fulton Bank starting next week.
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Even a small 2.25% decline this weekend could trigger the liquidation of over $500 million in Ether long positions.
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Crypto analysts believe the large transfers could have a “big impact” depending on where the capital is getting deployed.
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One crypto analyst says Bitcoin’s just undergone one of the “healthiest market resets” he has seen in a long time.
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