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#crypto recovery

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Bitcoin Tests $79,000 as Crypto Market Extends Recovery to Third Consecutive Day
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Bitcoin Tests $79,000 as Crypto Market Extends Recovery to Third Consecutive Day

Key Highlights: The cryptocurrency market is showing signs of stabilization following a sharp sell-off driven by a Binance cyberattack linked to roughly $6.34 billion in losses. Zcash ($ZEC) led the three-day market rebound with an approximate 3% gain, while Ethereum (ETH) and BNB each climbed around 2%. Traders are closely monitoring Bitcoin’s ability to cross ...

Experts Divided Over Binance Hack Asset Freezes as Recovery Remains Uncertain
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Experts Divided Over Binance Hack Asset Freezes as Recovery Remains Uncertain

Key Highlights: Stablecoin issuers Tether and Circle rapidly locked down over $2.3 billion in assets following a massive security breach impacting crypto exchange Binance. Tether froze more than 1.567 billion $USDT, while Circle frozen upward of 800 million $USDC in coordination with law enforcement. Industry veterans, including Forte executive Anton Golub, have voiced concerns over ...