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Bitcoin’s price has been a point of concern, with some experts believing that its recent movements appear to be “manufactured.”

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Metaplanet reaches a milestone of 0.01% of the total bitcoin supply.

(Reuters) -Around $99 million worth of cryptocurrency was withdrawn from the marketplace of a coin at the centre of a scandal in Argentina by eight digital wallets linked to the crypto token's creator, blockchain researchers said. Argentinian President Javier Milei recommended the little-known crypto coin $LIBRA late on Friday in a post on X, but later deleted the post and denied having any link to the cryptocurrency. A federal judge is investigating the token's launch and Milei's involvement in it, after the coin, promoted by Milei on Friday, soon shot up above $4.50 apiece then plummeted just hours later.

Affected customers with claims of less than $50,000 can access their funds through Kraken or BitGo.

The memecoin market, once pitched as a "fair launch" opportunity for traders, has been exposed as a rigged game, Carter said.

Bitcoin’s recent low volatility may be misleading, warns former Alameda co-founder Tara McAulay.