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Day: May 12, 2022

How long will the crypto bear market last? Raoul Pal’s macro analysis

In an exclusive interview with Cointelegraph, macro investor Raoul Pal analyzes the macro factors that are keeping the crypto markets under pressure and the triggers that could spark the next Bitcoin rally. Macro investor Raoul Pal is convinced that the current crypto bear market will end only once the Fed eases its hawkish monetary policy …

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SWISS EXCHANGE RELAI TO RELEASE A BITCOIN DEBIT CARD

Relai, a savings app focused on bitcoin, is crowdfunding through Crowdcube to launch a bitcoin debit card. Relai, a European bitcoin savings application, is planning to release a bitcoin debit card. The company started crowdfunding through Crowdcube and reached over $1.5 million within the first two hours. Currently Relai has raised over $2 million and …

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Bitcoin Hits a 16-Month Low of $26K as Effects of the Terra Crash Spill Over

Bitcoin (BTC) nosedived to lows of $26,595, a scenario not seen since Dec 30, 2020, when the leading cryptocurrency dropped below the $27,000 zone. Even though Bitcoin had regained momentum to hit $27,769 during intraday trading, the top crypto continues to limp based on factors like Fed’s interest rate hike and the Terra crash. TerraUSD (UST) and Luna …

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Terra Blockchain Temporarily Stops Block Production, Aims to Restart Network With a Patch

At 12:14 p.m. (ET), the Twitter account operated by the Terra team announced that the Terra blockchain network had been halted. According to the Terra developers’ tweet, Terra validators needed to apply a patch to further disable delegations. ** This post was updated at 3:00 p.m. (ET) to reflect the fact that the Terra blockchain …

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