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In a move that showcases the U.S. Securities and Exchange Commission’s (SEC) continued crackdown on the crypto industry, the regulatory body has set its sights on Uniswap Labs, the company behind the world’s largest decentralized exchange (DEX). This recent development adds to increasing regulatory pressure on the decentralized finance (DeFi) sector, signaling potential challenges ahead
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The European Securities and Markets Authority (ESMA) issued a warning about the high level of concentration in the crypto markets on April 10. This concentration is concerning because the failure of a single asset or exchange could have a widespread impact on the entire crypto ecosystem. ESMA’s research found that market capitalizations and trading volumes
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Cryptocurrency investors are always on the lookout for the next big thing, and in 2024, all eyes are on eTukTuk (TUK), a new green Initial Coin Offering (ICO) that promises potential gains of up to 10,000%. As traditional meme coins like Dogwifhat (WIF) experience volatility, the focus has shifted to environmentally friendly projects like eTukTuk
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Investors and analysts are closely monitoring Cardano’s (ADA) price performance in an attempt to predict its future trajectory. Despite its strong technology and supportive community, Cardano has been facing challenges in terms of price movement. The recent spotlight on Cardano has brought attention to its disappointing price performance and lack of appeal for traders. This
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Ethereum has been experiencing a phase of sideways consolidation after a recent dip towards the critical support level of $3K. The cryptocurrency seems to be stuck within a range of $3K to $3.7K, and it appears that volatility will remain low unless it breaks out in one direction or the other. A detailed analysis of
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Bitcoin has been on a rollercoaster ride lately, with its price surging above $72,000 only to experience a significant decline shortly after. One of the factors contributing to this decline is the impending release of the March Consumer Price Index (CPI) data on April 10. Market experts believe that the report may reveal a rise
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Gunzilla Games, a prominent video game developer, recently made headlines with their announcement of integrating the GUNZ blockchain into the popular NFT marketplace OpenSea. This innovative move allows players to trade in-game items for Gunzilla’s upcoming first-person battle royale shooter, Off the Grid, and future games on the Avalanche-based chain. The GUNZ blockchain, built on
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In a surprising turn of events, Toncoin has managed to overtake Cardano in terms of market capitalization, landing itself in the ninth spot among the largest cryptocurrencies. With a market capitalization of $23.1 billion, Toncoin has outpaced Cardano’s $21.5 billion, showcasing the growing popularity and demand for this relatively new digital currency. Toncoin’s rise in
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Immutable, a leading blockchain gaming company, has recently announced their upcoming expansion pack for the popular trading card game, Gods Unchained. This expansion, called Dread Awakening, is set to revolutionize the gaming experience for players by introducing new game mechanics and a crossover with the highly anticipated blockchain game, Guild of Guardians. The Dread Awakening
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A cryptocurrency investor known as “Sell When Over” recently revealed a substantial loss of $800,000 resulting from two suspicious Google Chrome browser extensions. The investor initially detected a loss of $500,000 from various wallet applications and suspected that they were targeted via an extension attack. Compromise Investigation Upon further investigation, the victim discovered that their
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Trading expert Peter Brandt has recently shifted his perspective on the Ethereum vs. Bitcoin chart, offering new insights into market developments. Brandt, who previously criticized Ethereum as a “junk coin” and its supporters as “Etheridiots,” has now suggested a potential bear trap in the Ethereum-to-Bitcoin chart. This change in stance showcases the complexities within the
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Recently, the Swedish tax authority, Skatteverket, made a significant announcement regarding the taxation of Non-Fungible Tokens (NFTs). This ruling reflects the growing importance of NFTs in the digital realm and aims to clarify the Value-Added Tax (VAT) treatment of these digital assets. According to the authority, NFTs associated with digital works are subject to the
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In the world of cryptocurrency, predictions and forecasts are constantly floating around, and Michael Van De Poppe, a well-known cryptocurrency analyst and trader, has recently made a bold prediction regarding Bitcoin. He believes that Bitcoin is likely to hit the $300,000 mark in the current bull cycle. Despite the consolidation in the price of Bitcoin
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