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The Ether Machine and Dynamix Corporation mutually terminated their planned SPAC merger this week, citing “unfavorable market conditions,” with Dynamix set to receive a $50 million cash payment as part of the exit. Key Takeaways: The Ether Machine and Dynamix Corporation (Nasdaq: ETHM) mutually terminated their July 21, 2025, SPAC merger on April 8, 2026.

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XRP price extended losses and traded below $1.340. The price is now consolidating losses and faces hurdles near $1.3420 and $1.3440.

 

Bitcoin continues to dominate despite falling by 50% from its ATH of $124,500 and altcoins

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Ethereum price started a fresh decline and traded below $2,250. ETH is now consolidating above $2,175 and might struggle to recover.