In a significant development within the cryptocurrency landscape, OKX has recently announced its pre-authorization license under the Markets in Crypto-Assets Regulation (MiCA) framework as of January 23. This move marks a proactive step towards establishing OKX’s presence in the European Economic Area (EEA) via its operations in Malta. With a user base exceeding 400 million,
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In a shocking turn of events, Singapore-based cryptocurrency exchange Phemex announced the temporary suspension of withdrawals due to a security breach that saw approximately $37 million siphoned from one of its hot wallets. This proactive decision, made on January 23, aims to fortify wallet security and conduct an urgent assessment of the breach. Phemex swiftly
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In a significant move for the cryptocurrency sector, Senator Cynthia Lummis (R-Wyo.) has been appointed as the inaugural chair of the Senate Banking Subcommittee on Digital Assets. This announcement, made on January 23, marks a pivotal point in the U.S. government’s approach to blockchain technology and cryptocurrencies. Under the leadership of Senate Banking Committee Chair
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Aayush Jindal represents a significant force in the multifaceted realm of financial trading, with a distinguished career that spans over 15 years. A symphony of his exceptional abilities in Foreign Exchange (Forex) and cryptocurrency trading has catapulted him into the echelons of elite financial advisors. Jindal’s vast experience and acute understanding of market nuances allow
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The cryptocurrency market has recently exhibited noticeable volatility, with Bitcoin (BTC) making headlines as it tested significant resistance zones. As the digital currency navigates through potential corrections, analysts and investors alike are keenly monitoring various price levels that could dictate its short-term future. This article delves into Bitcoin’s recent price action, examines key support and
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In the ever-evolving landscape of cryptocurrency, Bitcoin continues to dominate headlines with its fluctuating prices and promising forecasts. Recently, various analysts have been vocal about the potential trajectory of Bitcoin, suggesting that the flagship cryptocurrency could soon experience a significant rally. Yet, amidst these optimism-laden predictions, cautionary outlooks remain prevalent, reminding investors of the volatile
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