Bitcoin price once again failed to surpass the crucial $44,000 resistance zone, which has put it at risk of a potential downside break below the $41,500 level. Despite attempting to gain momentum above the $43,200 level, BTC faced resistance and started a fresh decline. As a result, the price is currently trading below $43,000 and
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In a bold and unprecedented move, U.S. Congressman Warren Davidson, alongside House Majority Whip Tom Emmer, has taken a strong stance against SEC Chair Gary Gensler. Citing alleged corruption and abuses of power, Davidson advocates for Gensler’s removal in 2024. This development arises from mounting tensions between the SEC and the digital asset sector throughout
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The Coinbase International Exchange recently announced that it has implemented leverage limits of 10X on its perpetual future contracts. This move aims to empower traders to execute more efficient trading strategies. While this development presents new opportunities for investors, it also comes with inherent risks and constraints that must be carefully considered. Coinbase International has
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The Chinese government has recently ramped up its efforts to regulate the use of cryptocurrencies in illegal foreign exchange (forex) trading. In a joint statement issued by the Supreme People’s Procuratorate and the State Administration of Foreign Exchange (SAFE) on December 28, authorities called for prosecutors and forex regulators to strengthen supervision in order to
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In a surprising turn of events, a wallet connected to former U.S. President Donald Trump has been making headlines in the crypto world. According to Arkham Intelligence, an on-chain firm, this wallet has transferred over $2.4 million worth of ether (ETH) to the popular crypto exchange Coinbase. This revelation comes after Arkham Intelligence previously identified
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The rapid advancement of artificial intelligence (AI) has had a profound impact on various industries worldwide, revolutionizing processes and enhancing efficiency across sectors such as manufacturing and medicine. Now, the transformative power of AI is extending its reach to the world of cryptocurrency trading and investing. Among the platforms making significant strides in this space
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The co-founder of Ethereum, Vitalik Buterin, has recently put forward a proposal to reduce the strain on the Ethereum blockchain and streamline its proof-of-stake (PoS) consensus. This article will critically analyze Buterin’s proposal and its potential impact on the Ethereum network and its users. One of the main motivations behind Buterin’s proposal is Ethereum’s pursuit
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Bitcoin SV (BSV) has experienced a remarkable surge in price recently, benefiting greatly from the bullish sentiment in the cryptocurrency market. With BSV skyrocketing by 53.74% yesterday and an additional 19.03% today, investors are now questioning whether this upward trajectory can be sustained. Analyzing the key technical indicators, it becomes evident that while BSV remains
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In recent news, the XRP Ledger (XRPL) has experienced a significant increase in daily transactions, reaching a new record of approximately 4.11 million transactions in a single day. This surpasses the previous record set in November 2021, indicating a surge in user activity and interest in the platform. Accompanying the surge in transactions is a
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Binance Coin (BNB) has been through a rollercoaster ride this year, facing challenges such as market volatility and the SEC lawsuit against Binance and its founder Changpeng Zhao (CZ). However, despite these hurdles, BNB has shown remarkable recovery and promising prospects. In this article, we will analyze the recent price movements of BNB and explore
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In today’s world, artificial intelligence (AI) has permeated almost every aspect of our lives. From autonomous vehicles to personalized medicine, AI has become an undeniable force of innovation. Now, the finance industry is experiencing the impact of AI as it infiltrates cryptocurrency trading. Launchpad XYZ, a groundbreaking project, is gaining significant traction among seasoned crypto
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China’s Supreme Procuratorate has taken a significant step in combatting illegal cryptocurrency operations by sentencing Zhao Dong, the founder of RenrenBit and a minor shareholder of Bitfinex, to a seven-year prison term. This move highlights China’s commitment to crack down on illicit activities within the cryptocurrency industry, particularly in the realm of unauthorized foreign exchange
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Tether, the company behind the popular stablecoin USDT, has recently achieved a significant milestone with its market value reaching $91 billion. This achievement highlights Tether’s growing influence and success in the volatile digital currency market. The company’s commitment to stability and resilience has been evident as it has added approximately $4 billion in excess reserves
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The South Korean government is taking a significant step towards greater transparency and accountability by implementing a unified public official asset disclosure service. In an announcement made by the Ministry of Personnel Management, it was revealed that starting from January 1, 2024, all asset disclosure information for public officials will be accessible through a centralized
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In a shocking turn of events, BONK token has experienced a calamitous fall-from-grace, with its price plummeting by a staggering 20%. This dramatic loss of 20DMA support has raised concerns among investors and traders, leading them to question whether BONK is on the verge of extinction. This concerning development follows the token’s incredible surge of
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The future of Ethereum (ETH) appears to be bright, despite concerns surrounding network congestion and high gas fees. According to borovik.eth, a partner at Rollbit, Ethereum’s developer ecosystem, its role in the broader blockchain ecosystem, and the launch of numerous Layer-2 solutions are the key factors driving the positive outlook. While other layer-1 coins like
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In a groundbreaking move that aims to revolutionize player authentication within the gaming industry, Mojang, the creators of the beloved sandbox game Minecraft, have announced their partnership with Worldcoin and Microsoft. This collaboration introduces the use of World ID, a unique digital proof-of-humanity passport, as a secure and reliable method to authenticate players’ identities. The
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Chainers is not your average online game. It is an innovative, browser-based, play-to-earn Massive Multiplayer Online (MMO) game that operates on Solana’s blockchain. This groundbreaking platform offers players a unique way to monetize their gaming achievements and opens up a whole new world of possibilities. At the heart of Chainers is the concept of Non-Fungible
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