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SEC charges Novatech, company founders, promoters with fraud

Novatech claimed funds were stolen via a cyberattack in May 2023 and reassured customers the company was working to recover the assets. Source link

US Democrats are ‘increasingly gravitating towards crypto’ — Poll

A poll of 804 self-identified Democrats suggested a majority favored some of the core values surrounding digital assets, as well as the US leading the world on innovation. Source link

Bitcoin price dip may retest $55K before next leg up

Based on Wednesday’s upcoming CPI reading, Bitcoin lost a key trend line when it fell under $63,000, but it could still be on track to recover. Source link

Bitcoin miner Argo repays $35M Galaxy bailout loan

The loan saved Argo from bankruptcy during the crypto winter of 2022. Source link

Tigran Gambaryan’s health worsens, surgery now required

Gambaryan has been detained in Nigeria since February 2024 and has suffered numerous chronic health conditions during that time. Source link

Ripple vs. SEC: ‘Victory,’ or another chapter in the legal battle?

Some lawyers question whether the latest court decision in the Ripple case should be regarded as a victory over the SEC. Source link

World's largest Bitcoin miner announces $250M raise to buy more Bitcoin

The new raise is part of Marathon’s strategy to go “full hodl” and make Bitcoin a strategic reserve asset for the company. Source link

Why Bitcoin is still poised to break $74K before end of year

Bitcoin’s correction appears to be losing steam, as indicated by price momentum divergence, the formation of a Doji candlestick and other bullish patterns. Source link

Tech giants losing momentum as AI progress disappoints investors

The current AI oversupply has prolonged the cost recovery on major AI investments, which could force large corporations to shift investment focus. Source link

Bitcoin miners record lowest daily revenue of 2024

Bitcoin miners’ daily revenue hit a new yearly low of $2.5 million, but strategic overhauls keep some companies profitable amid industry challenges. Source link