adeles (adeles)

This milestone placed Bitcoin ahead of tech giants like Google, Amazon (NASDAQ:AMZN), and Meta (NASDAQ:META), trailing only gold, Apple (NASDAQ:AAPL) Inc (ETR:AAPL), Microsoft (NASDAQ:MSFT), and Nvidia (NASDAQ:NVDA) in global asset rankings.

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During a migration window, users would still be able to move funds freely. The BIP calls for wallet developers, block explorers and “other infrastructure” to build tools and warnings to help users comply.

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Cryptocurrency wallet infrastructure provider Privy raised an estimated $15 million in funding led by Ribbit Capital.

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Meme Token PEPE Surpasses Uniswap In Market Capitalization

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Despite MicroStrategy's announcement of a proposed private issuance of $500 million in convertible preferred notes to purchase more Bitcoin, the market reaction has been relatively calm. This is in contrast to the fourth quarter of 2023 and the first quarter of 2024, when such news led to a significant increase in retail speculation and a rise in funding rates.

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In terms of derivatives data, Coinglass data shows that in the past 24 hours, the entire network has liquidated $1.337 billion, of which the vast majority are long orders, amounting to $1.25 billion. In terms of currency, BTC liquidated $517 million and ETH liquidated $294 million.

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Bakkt Holdings (BKKT), a crypto exchange and custody firm, saw its shares plunge on Monday after disclosing that neither Bank of America (BAC) nor crypto trading app Webull Pay would renew their commercial agreements with the company.

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