Bitcoin went to $58,000 the last time this price action happened. It’s back

Bitcoin closes seven consecutive daily green candles, putting it on track for the longest winning streak in 2021.
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Over 300 ETH lost to ‘failed transactions’ upon Stoner Cats NFTs launch

On-chain data shows users have lost just under 310 ETH due to failed mints of Stoner Cats NFTs.
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After El Salvador warning, IMF says accepting Bitcoin as national currency is “a step too far”

The International Monetary Fund (IMF) published a warning that putting Bitcoin (BTC) or any other crypto on par with a national currency presents serious risks to macro-financial stability.
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Tesla reports Bitcoin-related ‘impairment’ of $23 million after BTC tumbled 40% in 2021

Tesla, a major electric car manufacturer led by Elon Musk, has reported a record operating income of $1.3 billion in the second quarter of 2021—which was “partially offset” by a “Bitcoin-related impairment of $23M.” “Operating income increased [year-over-year] mainly due to volume growth and cost reduction.
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Gone are the 100x BitMEX days: FTX, Binance to restrict leverage to ’20x’

In a recent effort towards protecting their users from incurring more losses, two leading crypto exchanges, FTX and Binance have announced that their users will no longer have access to leverage their trades by up to 100 times again.
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Tether (USDT) faces criminal probe in the US, report says

Tether (USDT) FUD surrounding the stablecoin’s issuance could have a new chapter in the form of criminal charges, which would mark a major development in the US government’s crackdown on crypto.
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