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Bitmine acquired 42,197 ether worth an estimated $74 million last week, lifting its treasury to over 5.7 million ETH.

 

The Ethereum (ETH) price has bounced back strongly after finding support near $1,550, bringing the token to a crucial resistance around $1,800. The recovery has improved market sentiment, but buyers now face a key hurdle that has previously triggered selling pressure.

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Bitcoin has dropped 2% today, slipping close to $61,000 after the largest corporate holder of Bitcoin Strategy announced its biggest Bitcoin sale since 2020. The company sold 3,588 BTC worth $216 million, raising concerns among investors. Well-known traders are saying that this is just a short-term dip, a bigger crash is coming.

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Ripple has completed its MiCA licensing process after receiving full CASP authorization in Luxembourg.