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As we near the conclusion of another year, Bitcoin (BTC) has been the front-runner in a remarkable market resurgence, with expectations soaring regarding its future performance. The latest insights from Bitfinex shed light on potential peak scenarios for Bitcoin and uncover the factors contributing to this exciting trajectory. The current cycle appears distinct from prior
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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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