CRYPTO MARKET UPDATE

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Bitcoin Faces Resistance at $44.5k, Experiences Sharp Sell-Off

Bitcoin, the leading cryptocurrency, encountered a significant hurdle this week as it reached a new yearly high of $44500 before facing the third sharpest sell-off of the year 2023. The…
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KuCoin Agrees to $22 Million Settlement, Blocks New York Users

KuCoin, a global cryptocurrency exchange giant, has reached a pivotal settlement with the state of New York, signaling a significant development in the regulatory landscape for digital assets. The platform…
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Montenegro’s High Court Extends Detention of Terraform Labs Co-founder Do Kwon

Montenegro’s High Court has extended the detention of prominent cryptocurrency entrepreneur and Terraform Labs co-founder, Do Kwon. The decision comes in the wake of extradition requests from both the United…
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Senator Elizabeth Warren introduces bill to “crack down” Bitcoin, Crypto

Regulating the Digital Frontier: Elizabeth Warren’s Crusade for Crypto Compliance The cryptocurrency industry, a domain once heralded as the beacon of decentralized finance, is standing at the crossroads of transformative…
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Bitcoin’s Unstoppable Surge: Bloomberg Intelligence Analyst Mike McGlone Forecasts

In a recent analysis by Bloomberg Intelligence’s senior commodity strategist, Mike McGlone, Bitcoin is projected to enter an “unstoppable maturation” stage, signaling a robust future for the leading cryptocurrency. This…
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World’s Top Bitcoin Holders: 2024

In the dynamic landscape of the Bitcoin (BTC) community, a realm where HODLing is not just a term but a culture, a select group of entities emerges as stalwart guardians…
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Lido TVL Surpasses $20 Billion, Marking a Historic Milestone

Lido Finance, a decentralized finance (DeFi) platform, has recently surpassed the $20 billion Total Value Locked (TVL) milestone. This notable feat marks the first time Lido has reached such a…
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Bitcoin Flash Crash Wipes Out $330 Million in Long Positions

Cryptocurrency Market Shaken as Bitcoin Plunges 6.5% in 20-Minute Flash Crash In a sudden and dramatic turn of events on December 11, 2023, the cryptocurrency market was rocked by a…
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Google Tightens Regulations on Cryptocurrency Ads

Google Sets Stricter Guidelines for Cryptocurrency Advertising in the U.S. In a significant move, Google has announced an update to its advertising policy that will impact advertisers offering Cryptocurrency in…
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Cryptocurrency Market Witnesses Sharp Decline

The cryptocurrency market has experienced a significant downturn in the past hour. Notably, Ethereum (ETH) has witnessed a sharp decline of over 4%, accompanied by substantial 24-hour losses across various…
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Venus Protocol on BNB Chain Faces Exploitation?

Venus Protocol, the prominent lending protocol operating on BNBChain, has reportedly fallen victim to exploitation, as disclosed by @SlowMist_Team. Venus quickly issued a response to address the situation, In a…
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Solana’s Journey: Co-founder Anatoly Yakovenko Reveals Struggles and Success

Anatoly Yakovenko, the co-founder of Solana Labs, recently shared the arduous journey he undertook to raise funds for the establishment of Solana, a prominent blockchain platform. According to Yakovenko, this…
OKX

OKT Chain Token Surges Over 80% in 24 Hours Due to Minting Event

OKT Chain token, powered by OKX, has experienced a remarkable surge of over 80% in the past 24 hours. The primary catalyst behind this unprecedented growth is attributed to the…
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Tether Unveils Wallet-Freezing Policy to Safeguard

Tether, has revealed its latest initiative geared towards fortifying the cryptocurrency ecosystem. The company’s announcement on December 9, 2023, highlighted a strategic decision made on December 1, 2023, to introduce…
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VanEck’s Bullish Bitcoin ETF Prediction Amid Economic Downturn

$2.4 Billion Boost for Bitcoin In an audacious market analysis, VanEck anticipates a significant influx of capital into the cryptocurrency sector, with Bitcoin ETFs set to receive over $2.4 billion…
EOS

Explosive Surge in EOS EVM Chain Transactions Causes Temporary Chaos

EOS EVM chain experienced an explosive surge in transactions today, reaching a staggering figure of over 1 million. Bitquery, a prominent data analytics platform, reported this sudden spike, attributing it…
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Bitcoin Surges 150% in the Past Year, but “The Party Is Still Getting Started”

Bitcoin Defies Expectations with a Remarkable 150% Surge In the fast-paced world of cryptocurrency, Bitcoin has emerged as the star performer, showcasing an impressive 150% surge in the past year.…
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Fidelity’s Spot Bitcoin ETF Lands on DTCC

Fidelity’s Spot Bitcoin ETF has recently achieved a significant milestone by securing its listing on the Depository Trust & Clearing Corporation (DTCC) under the distinctive ticker symbol $FBTC. This development…
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