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The recent surge in Bitcoin’s price, surpassing the $70,000 mark, has sparked enthusiasm among investors, particularly in the United States. The return of the Coinbase premium, which indicates a higher price of Bitcoin on Coinbase compared to other major exchanges, has been seen as a bullish signal by many. This premium, after being in the
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Recently, Ethereum experienced a downside correction after failing to clear the $3,880 resistance level. This led to a drop in price below $3,840 and the 100-hourly Simple Moving Average. Additionally, a key bullish trend line with support near $3,830 was broken on the hourly chart of ETH/USD, indicating a bearish sentiment in the market. As
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XRP price recently faced a setback as it failed to sustain its upward momentum near the $0.5320 resistance zone. This led to a downside correction with the price now testing the $0.5180 support level and potentially even reaching the $0.5120 support zone. The bears appeared after the price spiked above $0.5300 and formed a high
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The anticipation surrounding the launch of spot Ethereum ETFs has been met with delays as applicants navigate the regulatory process. SEC chair Gary Gensler emphasized that the timeline for these launches is contingent on how promptly applicants address the regulator’s queries and provide justifications for approvals. Companies are driven to respond to SEC comments in
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Tokenization is a concept that has been gaining traction in the financial industry, with its potential to revolutionize the way traditional assets are processed and managed. Nadine Chakar, the global head and managing director of DTCC Digital Assets, recently testified before the House Financial Services Subcommittee on Digital Assets about the transformative power of tokenization.
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In the world of cryptocurrency trading, centralized exchanges (CEXs) have long been the dominant force, overshadowing their decentralized counterparts. Despite the growing popularity of decentralized platforms, CEXs continue to play a crucial role in the market. Market Sentiment Insights One of the key advantages of centralized exchanges is their ability to provide valuable insights into
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