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The launching of spot Ethereum ETFs has been a hot topic in the financial market, with various experts providing their predictions. Bloomberg ETF analyst James Seyffart shared his prediction on social media, indicating a potential launch around July 15. However, he admitted to having low confidence in this prediction due to the unpredictable nature of
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Bitcoin (BTC) has been facing multiple tests of the $60,000 support level, raising questions about the future trajectory of the cryptocurrency. A crypto analyst known as ‘Dana Crypto Trades’ recently shared insights about Bitcoin’s current price action and the potential for a significant shift in momentum. According to Dana Crypto Trades, Bitcoin has completed its
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The Financial Supervisory Service (FSS) of South Korea has recently announced its plans to tighten oversight of cryptocurrency trading platforms under its jurisdiction. The aim behind this move is to eliminate fraudulent transactions within the crypto market. In a notice released on July 4, the regulator emphasized the need for local exchanges to establish a
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The Securities and Exchange Commission (SEC) of Nigeria recently released the “SEC Regulatory Incubation Guidelines,” introducing stringent requirements for Virtual Asset Service Providers (VASPs) operating in the country. These new guidelines are aimed at enhancing regulatory oversight, supporting local market development, and addressing the challenges faced by Nigeria in maintaining the value of its fiat
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The Ethereum price recently made an unsuccessful attempt to break through the $3,520 resistance zone, resulting in a fresh decline. Subsequently, ETH dropped below the $3,250 support level and even tested the $3,150 zone. Looking at the hourly chart of ETH/USD, it is evident that the price is currently trading below $3,250 and the 100-hourly
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Crypto analyst Quinten François has made waves in the cryptocurrency community with his ultra-bullish prediction for the future trajectory of Bitcoin. François suggested that Bitcoin could potentially skyrocket to an unprecedented high of $4.5 million. This bold claim has stirred up excitement and speculation among investors and enthusiasts alike. François emphasized the importance of Bitcoin’s
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