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The worst quarter in 11 years as Bitcoin price and activity plunges

[#item_full_content] Quarterly returns on Bitcoin haven’t been this bad since it was trading under $20 in the early days of Mt. Gox, but the stock market isn’t faring so hot either. Bitcoin (BTC) has seen its worst quarterly loss in 11 years with price and activity on the blockchain both plunging over the last three

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From stocks to crypto, a punishing six months for investors

[#item_full_content] Americans with stock portfolios or retirement investment plans would likely prefer to forget the last six months Americans with stock portfolios or retirement investment plans would likely prefer to forget the last six months. The S&P 500, Wall Street’s broad benchmark for many stock funds, closed the first half of 2022 with a loss

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Bitcoin may still see a ‘wild’ week as BTC price avoids the key $22K zone

[#item_full_content] Bitcoin bulls still have a battle on their hands in low-volume weekend trading, analysis warns, while altcoins preserve multi-week record gains. Bitcoin (BTC) focused on $21,000 into the weekend amid warnings that volatility could still consume the market before June 27. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView S&P 500 sees a second-best week

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The blockchain company Roxe Holding is about to be listed on the stock exchange

[#item_full_content] The blockchain-based payment company Roxe Holding will be merged with Goldenstone Acquisition and be listed on the stock exchange. The blank check company Goldenstone Acquisition has announced that they have entered into an agreement with Roxe Holding, which means they will jointly list at a stock exchange worth approximately USD 3.6 billion. The deal

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Harmony’s Horizon Bridge hacked for $100M

[#item_full_content] The layer-1 blockchain’s main bridge between Ethereum, Binance Chain, and Bitcoin has been exploited for nine figures but says its BTC bridge has not been affected. The Horizon Bridge to the Harmony layer-1 blockchain has been exploited for $100 million in altcoins which are being swapped for Ether (ETH). The hack may vindicate previously

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Bitcoin could stay below the $69,000 peak for two years, says Binance boss

[#item_full_content] Changpeng Zhao says people would have been happy with the current $20,000 value four years ago Bitcoin could stay below its historical high of $69,000 for the next two years after the latest digital asset market rout, according to the chief executive of the world’s largest cryptocurrency exchange. Changpeng Zhao, founder and chief executive of

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Deloitte and NYDIG set up an alliance to help businesses adopt Bitcoin

[#item_full_content] Deloitte wants to enable blockchain and digital asset-based services across many areas involving Bitcoin products like banking rewards programs and others Professional services giant Deloitte is getting increasingly serious about Bitcoin (BTC) amid the ongoing market downturn, setting up a major initiative to promote BTC adoption. Deloitte has partnered with the Bitcoin-focused financial services

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