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Bitcoin mining difficulty breaks above 80 trillion for first time

Bitcoin mining difficulty breaks above 80 trillion for first time

The Bitcoin mining difficulty could reach 100 trillion before the cryptocurrency’s next halving in late April.

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Revolut to Introduce Crypto Exchange Targeting ‘Advanced Traders’

Digital bank Revolut is set to release a cryptocurrency exchange targeting “advanced traders,” according to an email sent to customers that was seen by CoinDesk.

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Craig Wright Trial Includes Ninja Anecdote Cited as Proof He’s Bitcoin Creator Satoshi

On Friday, Craig Wright’s sister Danielle DeMorgan recounted how she once saw him dressed as a ninja and working in a room full of computers, evidence, she says, he created Bitcoin.

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Coinbase Analysts Turn More Bullish on Crypto Exchange After Earnings Beat; Shares Climb

Higher crypto prices will have a positive effect on the exchange’s revenue, the analysts said.

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Sam Bankman-Fried’s Sentence Might Be Lighter Than You’d Expect

Restitution paid to victims can be considered when sentencing, and judges in the Southern District of New York routinely impose shorter terms than guidelines suggest for white-collar cases.

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Ether perpetual futures open interest surges, hits all-time high on Deribit

Ether perpetual futures open interest on the Deribit cryptocurrency derivatives exchange has reached an all-time high.

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Ether-Based Crypto Dollar Issuer Ethena Raises $14M, Opens Access to Public

Ethena’s USDe “synthetic dollar” is independent from the traditional financial system and aims to offer a dollar-denominated, yield-bearing savings vehicle for investors outside of the U.S.

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First Mover Americas: Bullish Week for Bitcoin and VeChain

The latest price moves in bitcoin (BTC) and crypto markets in context for Feb. 16, 2024. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets.

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PayPal Ventures, Brevan Howard Digital and others back USDe developer Ethena’s new funding round at $300 million valuation

Ethena Labs has raised a new $14 million funding round at a $300 million valuation and publicly launched its USDe stablecoin.

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Bitcoin’s Latest Rally is Different as BTC Rises Alongside U.S. Dollar and Treasury Yields

Bitcoin has managed to chalk out a double-digit rally recently, ignoring the strength in the dollar index and Treasury yields.

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