⚡ Bitcoin News

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📈 Bitcoin Price Crashes Below $76K HIGH

Bitcoin's price dropped to near $75,000 due to heavy selling pressure, breaking key support levels and raising concerns of further declines.

💡 Learn: Support levels are price points where buying interest is strong enough to prevent the price from falling further. Breaking these levels can lead to more selling.

⚖️ Insider Trading Case Against Coinbase Advances MED

A Delaware judge allowed a shareholder lawsuit against Coinbase executives to proceed, alleging insider trading based on undisclosed information.

💡 Learn: Insider trading involves buying or selling stocks based on non-public, material information. It's illegal because it breaches the trust of shareholders.

🚀 Bitcoin Beach Summit Explores Circular Economies MED

El Salvador's Bitcoin Beach hosted a summit focusing on sustainable Bitcoin economies, emphasizing trust and concentrated adoption in struggling regions.

💡 Learn: A circular economy focuses on reusing resources to minimize waste and promote sustainability, often through local transactions, enhancing community resilience.

📈 Crypto Market Faces $2.5 Billion Liquidation Event MED

Liquidations topped $2.5 billion as Bitcoin and Ethereum prices plummeted, reflecting a panic sell-off among leveraged traders.

💡 Learn: Liquidation occurs when a trader's position is automatically closed by a trading platform because their account balance falls below the required margin.
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