As the cryptocurrency terrain evolves, a series of alarming indicators signal a potential downward spiral for Bitcoin, the flagship digital currency that has captured the world’s attention. Renowned crypto analyst Tony Severino has issued a stark warning about one crucial technical indicator showing bearish tendencies, generating a chilling atmosphere for Bitcoin enthusiasts. While the charts
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The Bank of Russia’s recent proposition to create a three-year experimental legal framework for cryptocurrency trading stands as a paradox in the nation’s cautious approach to digital assets. While the initiative seemingly opens doors for a select group of investors—those with assets exceeding $1.1 million—the restrictive nature of the proposal casts doubt on its intent
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The ongoing saga between OKX, a prominent cryptocurrency exchange, and the European regulators raises questions not just about compliance but the very fabric of trust in the crypto ecosystem. Following a Bloomberg report suggesting that OKX is under investigation for allegedly facilitating $100 million in laundered funds related to a Bybit hack, the exchange vehemently
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In a pivotal move for the cryptocurrency landscape in the United Kingdom, Kraken has achieved Electronic Money Institution (EMI) status from the Financial Conduct Authority (FCA). This achievement is not merely a regulatory box-tick; it is emblematic of a significant shift in the intersection of traditional finance and digital assets. At a time when the
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