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The Ethereum market is currently experiencing heightened volatility, with the price unable to solidify its stance above the $4,000 threshold. Having touched $4,100 recently, ETH has begun a corrective trend that has seen it drop significantly below this critical level, casting doubts on its immediate recovery potential. As Ethereum grapples with selling pressure, investors are
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In a recent transparency report, Coinbase has brought to light that it received a total of 10,707 requests from law enforcement and government agencies worldwide in the past year. This figure reflects an 18% decrease compared to the previous reporting period, indicating a changing landscape for cryptocurrency regulation and law enforcement engagement. Such declines can
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The cryptocurrency market often mirrors the unpredictability and volatility of the financial landscape, and Bitcoin (BTC) is a prime example of this dynamic nature. Recently, Bitcoin witnessed a significant increase, breaching the $106,000 resistance threshold and reaching an astounding new peak above $108,000. This meteoric rise underscores the ongoing interest and speculation surrounding Bitcoin, but
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The cryptocurrency market is rife with complexities, regulatory concerns, and fierce competition among platforms. Recently, a notable legal confrontation has emerged between Coinbase, a leading cryptocurrency exchange, and BiT Global, a firm heavily associated with wrapped Bitcoin (WBTC). At the heart of this conflict is Coinbase’s decision to delist WBTC, a decision that has drawn
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The Nigerian Securities and Exchange Commission (SEC) has introduced sweeping reforms in its regulations regarding the promotion of cryptocurrency products, particularly impacting social media influencers. This initiative marks a profound shift aimed at enhancing transparency and protecting investors from deceptive marketing practices prevalent in the volatile cryptocurrency market. As influencers play a powerful role in
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In a pivotal move for the European crypto market, the European Securities and Markets Authority (ESMA) announced its final guidance on the comprehensive Markets in Crypto-Assets (MiCA) regulations on December 17. This announcement marks the conclusion of an intense 18-month effort that saw ESMA collaborate with the European Banking Authority (EBA) to develop over 30
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The cryptocurrency landscape has witnessed an unprecedented shift in recent times, specifically marked by Bitcoin’s impressive ascension past critical resistance levels. Following a period of consolidation, Bitcoin has not only breached the $105,000 mark but has surged to a staggering all-time high of over $107,000. Such movements in Bitcoin’s price are indicative of strengthening market
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