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Bitcoin experienced a sudden drop in its USD value earlier this month, falling from $45,400 to $40,400 within a short period. This decline led to the third-highest volume of long liquidations since the bear market’s lowest point in November 2022. However, a recent analysis by IntoTheBlock reveals an interesting trend in the market, indicating a
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The U.S. Securities and Exchange Commission (SEC) Chair Gary Gensler has issued a cautionary advisory to investors regarding the risks associated with crypto asset investments. In a recent post on social media platform X, Gensler highlighted the potential dangers of investing in cryptocurrencies, citing regulatory non-compliance, volatility, and potential fraudulent activities as key concerns. One
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Cryptocurrency analyst and advocate Scott Melker recently made waves in the cryptocurrency community with his bold projection on the potential inflow into Bitcoin following the approval of a BTC Spot Exchange-Traded Fund (ETF). Taking to the social media platform X (formerly Twitter), Melker shared his projections, suggesting that a staggering $570 billion could be invested
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Binance, one of the leading cryptocurrency exchanges, has recently released its latest Proof-of-Reserves (PoR) report. This report showcases Binance’s commitment to transparency and financial integrity by demonstrating that it holds sufficient reserves to cover all customer balances. In this article, we will delve into the details of the report and analyze its significance for Binance
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The world of cryptocurrency is constantly evolving, and with the possibility of a spot Bitcoin ETF being approved, questions about the pricing structures of crypto exchanges have arisen. Some analysts argue that the low fees offered by certain exchanges may prompt them to revisit their pricing models. However, caution is advised by Caitlin Long of
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The year 2023 marked a significant turning point for Bitcoin ATMs worldwide. As Bitcoin continued its record-breaking streak, the number of kiosks offering the convenience of acquiring cryptocurrencies using cash or debit cards experienced a noticeable decline. According to data from Coin ATM Radar, the total count of crypto ATMs dwindled from 37,827 on January
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