Crypto News

🌎 Mt. Gox moves over 42,000 Bitcoin for first time in five years Mt. Gox transferred at least 42,830 BTC, worth about $2.9 billion, to an unknown address. This was the first time in five years that Mt. Gox moved assets out of its wallets. 🌎Crypto news

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Bank of America Upgrades Coinbase 🏦 Bank of America (BAC) has upgraded Coinbase (COIN) from underperform to neutral. This decision follows positive trends in the crypto market, resulting in increased market capitalization and trading volumes. 👀 Consequently, Coinbase shares rose by 2.5% in pre-market trading, reaching approximately $204. Improved expense discipline and diversification at Coinbase are expected to boost earnings further. 🌎However, risks remain due to regulatory issues (including the ongoing lawsuit with the SEC) and potential competition from the Chicago Mercantile Exchange (CME) entering the spot bitcoin trading market. 🌎Crypto news

Buying some #NEAR at this level The price has broken through the trend line and $7.8 resistance. This consolidation above looks positive. Must continue growing from there. 🌎Crypto news

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