RaveDAO accused by ZachXBT of ties to ‘suspicious’ crypto exchange activity

Blockchain sleuth ZachXBT wrote on Sunday that the team behind RaveDAO at least knows who manipulated the price of its token, which soared an incredible 11,000% before collapsing almost immediately. “I discovered suspicious CEX (Centralized Cryptocurrency Exchange) activity on April 26th associated with the RaveDAO team’s on-chain addresses, which may contradict their recent statements,” the…

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UK-based Reabold draws criticism for weighing gas-powered bitcoin mining operation

Reabold Resources, an investment firm focused on developing European gas projects, said it is considering building a gas-powered Bitcoin Bitcoin$75,672.72 Mining station in northern England. The London-based company is exploring the potential of deploying a small power plant as a pilot for future data center development, which is “vital to the future UK economy”, it…

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Bitcoin (BTC) to face near-term pressure as liquidity tightens, according to Hilbert Group CIO

Russell Thompson, chief investment officer of crypto asset manager Hilbert Group (HILB), said global liquidity will worsen sharply, saying that without policy support, even a quick resolution to Iran’s geopolitical issues is unlikely to sustain the rebound in risk assets. Thompson said that liquidity conditions in parts of the financial sector have stabilized following the…

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