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Sudden crypto drop sends bitcoin to three-week low

Representations of cryptocurrencies are seen in this illustration, August 10, 2022. REUTERS/Dado Ruvic/IllustrationRegister now for FREE unlimited access to Reuters.comRegisterSINGAPORE/WASHINGTON, Aug 19 (Reuters) – Cryptocurrencies fell sharply on Friday, with sudden selling dragging bitcoin to a three-week low, with analysts divided over the reason behind the decline.Bitcoin fell as much as 7.7% to $21,404 over …

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Cryptoverse: Blockchain bridges fall into troubled waters

Representations of cryptocurrency Bitcoin, Ethereum and Dash plunge into water in this illustration taken, May 23, 2022. REUTERS/Dado Ruvic/IllustrationRegister now for FREE unlimited access to Reuters.comRegisterAug 9 (Reuters) – Another day, another hack – and another blockchain bridge burned.When thieves stole an estimated $190 million from U.S. crypto firm Nomad last week, it was the …

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China’s Alibaba to apply for dual primary listing in Hong Kong

A man walks past the Alibaba Group office building in Beijing, China August 9, 2021. REUTERS/Tingshu WangRegister now for FREE unlimited access to Reuters.comRegisterExpects to add HK primary listing by end-2022, keep NYSE listingHong Kong shares jump 5%; move will diversify investor base -CEOSeen boosting mainland China investor access to Alibaba sharesIn line with move …

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Bitcoin recovers after falling on news Tesla sold 75% of its holdings

A representation of the virtual cryptocurrency Bitcoin is seen in this picture illustration taken October 19, 2021. REUTERS/Edgar Su/File PhotoRegister now for FREE unlimited access to Reuters.comRegisterNEW YORK, July 20 (Reuters) – Bitcoin rebounded after a brief sell-off late on Wednesday sparked by news that electric carmaker Tesla Inc (TSLA.O) had sold about 75% of …

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