Bitcoin's Price Breaks Past $24,000 To Set New All-Time High

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  Ethereum Burn Rate Fizzles Amid Worst Quarter Since 2022

  Monday marked the end of a painful quarter for Ethereum, as the network’s native asset’s so-called burn rate fizzled amid one of its worst performances in recent memory. The metric, which tracks the rate of Ethereum removed from circulation, recently hit its lowest level since August 2021, a nagging concern among investors that’s “weighed on Ethereum’s market performance,” according to the crypto market maker Wintermute. Last week, around 53 ETH was burned per day, the firm said. Meanwhile, ETH’...

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  Traders Pledging to 'Boycott Binance' in Uproar After $3.9 Million Meme Coin Liquidations

  Solana meme coin Act I: The AI Prophecy (ACT) crashed 55% in less than an hour on Tuesday, as millions of dollars worth of positions were liquidated on Binance. This has led to a campaign across social media to stop using the popular centralized exchange, spurred on by the hashtag #BoycottBinance. Traders believed these liquidations came following the exchange changing its leverage and margin tiers. Put simply, Binance increased the amount of collateral traders needed to keep leveraged positions...

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  Alabama, Minnesota Advance Bitcoin Reserve Plans With Companion Bills

  Bitcoin could soon find a place on state balance sheets, with Alabama and Minnesota both pressing ahead with legislative frameworks for state Bitcoin reserves. In Minnesota, House File 2946, also called the Minnesota Bitcoin Act, introduced by Rep. B. Olson (R-MN) on Tuesday, would allow the state to invest in Bitcoin directly. Its Senate counterpart, SF 2661, was introduced earlier in March. The identical bills seek to authorize the State Board of Investment to allocate public funds into Bitcoi...