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The collapse of two unlicensed cryptocurrency firms totaling $104 million has drawn the attention of Australian regulators

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Reportedly, the Australian Securities and Investments Commission (ASIC) has initiated legal action against two cryptocurrency companies and their directors for operating without licenses in Australia. These companies are accused of being involved in a complex scheme that led to investors losing AU$160 million, equivalent to $104 million. ASIC claims that the NGS companies targeted  Australian … Read more

Appeal against SEC’s classification of digital asset investment contracts is launched by Coinbase

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Paul Grewal, chief legal officer of Coinbase, announced today in an X post that the company has filed a move to appeal a judge’s ruling from last month that permitted the SEC to pursue its action against them. If the appeal is accepted, the current trial may be put on hold while the Second Circuit … Read more

How Bitcoin ETFs will spark the next wave of cryptocurrency investments in Asia

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A trading frenzy is set off by the U.S. approval of spot Bitcoin ETFs, which prepares the ground for Asia’s growing institutional interest. As of January 10, 2024, the U.S. Applications for spot Bitcoin ETFs have been approved by the Securities and Exchange Commission (SEC) on several occasions. With $4.6 billion worth of shares exchanged … Read more

Alert for traders: PEPE is expected to move 50%

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Memes have made a significant comeback in the 2024 cryptocurrency market surge, with many of the well-known ones regaining their previous all-time highs (ATH) and some even setting new ones. In the finest cryptocurrency bull market history, new cryptocurrencies have been making the rounds at the same time and creating quick stories of people going … Read more

Litecoin (LTC) Reach Record High With Billions of Owners

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With more than five million long-term holders, the network now accounts for an astounding 62.5% of all LTC addresses with a balance. This accomplishment proves the cryptocurrency’s long-term sustainability and broad acceptance, making it a momentous occasion. Among recent months, there has been a particularly noticeable increase among long-term holders. At the end of February, … Read more

CEO of a Bitcoin mining company: The halving will likely have a “some small impact on prices”

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During an interview with Sonali Basak from Bloomberg TV on April 9, 2024, Marathon Digital (NASDAQ: MARA) CEO Fred Thiel provided insights into the evolving landscape of Bitcoin mining and the expected impacts of the upcoming Bitcoin halving, projected around April 20. Thiel highlighted the influence of the U.S. SEC’s approval of spot Bitcoin ETFs … Read more

As the price of Bitcoin hovers at $71K, it is about to experience another rise

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The crucial bull market breakout level that led to the explosive rise to all-time highs in both 2017 and 2020 is where bitcoin is currently stabilizing. Bitcoin (BTC) is aiming for a traditional breakout move that came before its all-time highs in 2017 and 2021. Renowned trader Jelle announced a significant crossover in Bitcoin’s Pi … Read more

TO BUILD THE FUTURE OF THE BITCOIN ECOSYSTEM: NUBIT X POLYHEDRA

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Nubit and Polyhedra have announced a partnership aimed at enhancing the Bitcoin ecosystem. Nubit, known for its Bitcoin-native data availability layer, sees this collaboration as pivotal in improving the overall infrastructure for the Bitcoin network. The issue of Data Availability (DA) has been a central concern for developers in the Web3 space, particularly those working … Read more

Details of This Bitcoin-Related Meme Coin That Explodes by Nearly 3,000% in a Month

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During this bullish market cycle, the meme coin sector has become a prominent topic of discussion, driven by the rapid price surges of numerous assets within this category. An illustrative case is the recent emergence of PUPS (ORDINALS). Its valuation skyrocketed by nearly 1,000% over the course of a week and an astonishing 2,800% in … Read more

Why Is the Price of Gold Reaching All-Time Highs Despite ETF Withdrawals? Chris Mancini of Gabelli Funds explains

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During a CNBC “Power Lunch” segment on April 11, 2024, Chris Mancini, an associate portfolio manager at Gabelli Gold Fund, discussed the intriguing dynamics in the gold market. Despite observed outflows from gold-backed ETFs, which typically lead to lower prices, the price of gold has been on the rise. Mancini highlighted this unusual trend and … Read more

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