Dunamu, the parent company of South Korea’s crypto giant UPbit, is making headlines for its astonishing growth in 2024, demonstrating that regulatory hurdles cannot dampen the spirits of innovation and speculation in the crypto space. With an eye-popping 85.1% increase in operating profit, amounting to approximately $682 million, Dunamu has become a beacon of resilience.
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In recent times, Ethereum (ETH) has encountered tumultuous waves within the cryptocurrency market. As of the latest reports, the price of Ethereum has been precariously balanced, flitting between critical support and resistance levels. Specifically, it finds itself hovering just above the $1,980 threshold, a key area that investors are closely monitoring. However, the overall trajectory
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In a decisive move that has reignited debate over digital finance, South Korea’s Financial Intelligence Unit (FIU) has barred access to 17 overseas cryptocurrency exchange applications from Google Play. This crackdown isn’t just a routine regulatory measure; it reflects an aggressive stance aimed at fortifying consumer protection and curbing illicit activities, namely money laundering. The
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The cryptocurrency world is no stranger to volatility, and Bitcoin’s leap to $88,500 is a classic example of this precarious dance. Currently, traders are brimming with euphoria, fervently speculating on a potential rise to $95,000. However, one must tread carefully amid the excitement. An undercurrent of anxiety looms, given that historically, peaks in investor greed
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