CRYPTO MARKET UPDATE

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Montenegro High Court Denies Bail for LUNA Founder Do Kwon

Bloomberg reported, The Montenegro High Court has overturned a previous judgment that granted bail to Do Kwon and Han Chong-joon, two individuals at the center of a high-profile legal case.…
CCTV

Chinese Central Television Coverage of Crypto Sparks Excitement

In a recent broadcast by the Chinese Central Television (CCTV), the topic of discussion was none other than the world of cryptocurrencies. This coverage has created a buzz among Chinese…
Police Arrest

Multichain Team Arrest Rumors: Future of Multichain

There have been swirling rumors about the Multichain team’s alleged arrest by the Chinese police. These unverified reports have already had a significant impact on the cryptocurrency market, causing a…
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Binance Emerges Victorious in Pig Butchering Scam Lawsuit

Binance, the leading cryptocurrency exchange, has achieved a significant legal victory. A US district judge ruled in favor of Binance, dismissing a lawsuit related to an alleged pig butchering scam.…
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Elon Musk’s Praise for Dogecoin: The Cryptocurrency with the Best Humor and Dogs

Elon Musk, the renowned entrepreneur and CEO of companies like Tesla and SpaceX, has become a well-known supporter of Dogecoin, a cryptocurrency that originated as a joke in 2013. Musk…
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Binance to Delist Several Spot Trading Pairs

Binance, one of the leading cryptocurrency exchanges in the world, has revealed that it will be removing and ceasing trading on several spot trading pairs. This decision comes as part…
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Bitcoin Price Analysis: Current Trends and Outlook

Bitcoin is currently trading at $27,185, with the Relative Strength Index (RSI) at 36.63, indicating a neutral zone. The Average Directional Index (ADX) stands at 25.62, suggesting a strong trend.…
ledger

Ledger Delays Key Recovery Feature Launch in Response to Community Backlash

Hardware wallet provider Ledger has faced intense criticism from the crypto community regarding its key recovery feature. To address these concerns and prioritize the development of a robust and secure…
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Exit Scam Alert: Ponzi Scheme DFintoch Absconds with $31.6 Million in USDT Tokens

The team behind the notorious Ponzi scheme DFintoch has disappeared, leaving investors in turmoil. Reports suggest that the CEO of the project has made off with a staggering $31.6 million…
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Crypto Market Braces for Transformation as Michael Saylor Urges Overhaul of Exchanges

The cryptocurrency market is poised for a seismic shift as prominent figures like Michael Saylor, CEO of MicroStrategy, voice their opinions on the future of crypto exchanges. Saylor’s recent interview…
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Major Asset Inflows to Exchanges Reach Cyclical Low

In recent reports, Glassnode, a leading blockchain data and intelligence provider, has highlighted a concerning trend in the cryptocurrency market. The influx of major assets into exchanges has reached a…
XRP

Ripple SEC Lawsuit: Anticipating a Potential Major Victory for the Company

The ongoing legal battle between Ripple and the U.S. Securities and Exchange Commission (SEC), prominent crypto lawyer Jesse Hynes has provided valuable insights into the case. Hynes suggests that while…
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BNB Chain: Breaking Records and Shaping the Future of Blockchain

BNB Chain, a leading blockchain network, has set a new milestone by recording its highest transaction count since last May. On May 20, 2023, BscScan data revealed that the BNB…
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Allegations Surrounding Binance’s Commingling of Customer Funds

Binance, the world’s largest cryptocurrency exchange, has been accused of commingling customer funds with company revenue, a violation of U.S. financial regulations. Reports suggest that Binance relied heavily on Silvergate…
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OKX Announces Listing of PulseChain $PLS

OKX, a leading cryptocurrency exchange, has announce the listing of PulseChain $PLS on its spot trading markets. PulseChain, a public blockchain project, aims to provide users with fast and cost-effective…
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Hong Kong SFC Introduces Stringent Measures for Non-Security Token

The Hong Kong Securities and Futures Commission (SFC) has recently launched a conclusions consultation on the regulation of virtual asset trading platforms. In an effort to enhance investor protection and…
OKX

OKX Applies for Regulatory Approval in France, Plans European Hub in Paris

Cryptocurrency exchange OKX has recently applied for regulatory approval in France as part of its expansion plans in Europe. The company aims to establish its European hub in Paris, joining…
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Upbit Resumes KAVA and WAVES Deposit Services

South Korea’s leading cryptocurrency exchange, Upbit, recently made an important announcement regarding the resumption of deposit services for KAVA and WAVES. This development comes after South Korean exchanges collectively removed…
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