Cryptocurrency Analysis and News Portal
K33 Research’s report shows the crypto market exhibits a bullish trend as Bitcoin maintains a steady trading range and altcoins, like Solana, experience significant gains amid new technological developments and market speculation. In recent weeks, the crypto market has shown signs of bullish behavior, with particular attention on the movements of
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Bitcoin (BTC) price surged by 26.5% in October and several indicators hit a one-year high, including the BTC futures premium and the Grayscale GBTC discount. For this reason, it's challenging to present a bearish thesis for BTC as data reflects the post-FTX-Alameda Research collapse recovery period and is also influenced by
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Sam Bankman-Fried's defense team asked Judge Lewis Kaplan to let them introduce proof of inconsistent statements from former FTX executives Gary Wang and Nishad Singh, tied to their statements to federal officials prior to testifying on the stand. Source
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Investors will be looking for continued signs of a cooling employment market and slowing growth, which would suggest inflation is waning and possibly buoy risk-on asset markets, although cryptos have been largely immune from significant macroeconomic events. Hot jobs data, which typically accompanies rising prices, has been a particular concern
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The SEC thinks most cryptocurrencies should be classed as securities, and therefore, most crypto companies and trading should fall under its supervision and comply with regulatory frameworks that are currently applied to other securities, the report said. Original Source
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Solana saw two positive developments this week with the launch of the Saga Android-based smartphone powered by Solana blockchain and the retail trading debut of Grayscale’s Solana Trust shares.The developments along with bullishness in the broader market, boosted the price of SOL by 29.05% from April 11 to a monthly
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The rise of artificial intelligence (AI) created a wave of concerns about safety and privacy, particularly as these technologies become more advanced and integrated into our daily lives. One of the most prominent examples of AI technology is ChatGPT, an artificial intelligence language model which was created by OpenAI and
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Binance, the world's leading crypto exchange by trading volume, will temporarily suspend bank transfers in U.S. dollars. The exchange stated in a tweet on Feb. 6 that no other trading methods would be affected. The announcement came with no explanation. However, exchange CEO Changpeng Zhao noted in a tweet that
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A Solidus Labs report showed that Binance’s BNB Chain leads in volume of scams. The exchange giant’s validators were able to prevent a major hack earlier this month. Could they play a bigger ongoing role through a quality control DAO? Original Source
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The California Department of Financial Protection and Innovation (DFPI) announced last month that it had issued desist and refrain orders to 11 entities for violating California securities laws. Some of the highlights included allegations that they offered unqualified securities as well as material misrepresentations and omissions to investors.These violations should
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