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The Solana blockchain is back up and running after a glitch caused an outage for several hours, the latest in a series of shutdowns of the crypto network in less than a year. 

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Rhodium Enterprises Inc,, a Bitcoin mining company that utilizes liquid cooling technology, plans to go public through a reverse merger with software services provider SilverSun Technologies Inc.

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Another round of executive departures hit the crypto industry Tuesday, the latest sign that the fallout from this year’s steep drop in prices — also marked by a pullback in venture capital, widespread latyoffsand growing regulatory scrutiny– has yet to run its course.  

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The gloom enveloping global markets pushed cryptocurrencies including Bitcoin lower on Wednesday.

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For much of the year, Bitcoin has traded in the same way as US stocks, falling when they fall and rising when they have a good day. Not on Monday.

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Virtual money, digital gold, inflation hedge, uncorrelated asset, store of value: those are phrases once used by Bitcoin’s fans to describe the cryptocurrency’s virtues. Its new narrative? A Bitcoin is a Bitcoin.

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So, ‘The Merge’ happened. After years of anticipation, multiple false starts and delays, the biggest ever software upgrade to the Ethereum blockchain is complete.

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This crypto winter is still blowing cold and it’s not clear when or if a so-called spring will arrive. 

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Cryptocurrencies fell Tuesday, dragging down Bitcoin in line with US stocks as investors prepare for expected rate hikes from the Federal Reserve this week. 

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The saga over cryptocurrency regulation took another twist courtesy of a comment buried in a Securities and Exchange Commission lawsuit that hints at a case for US jurisdiction over the Ethereum blockchain.

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