Author name: Peter

Bitwise Unveils 10 Crypto Predictions for 2024: Bitcoin Trading at $80,000 and More

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Introduction Crypto asset manager Bitwise has recently released a report titled "The Year Ahead: 10 Crypto Predictions for 2024." The report outlines several key predictions for the crypto industry in the coming years. Bitwise, known for its crypto index fund BITW and a range of other investment products, expects significant growth in the value of […]

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Ledger Library Exploit Alert: Protect Yourself from Wallet Drainer Risk

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Ledger Library Breach: Experts Advise Halting Dapp Usage to Dodge Wallet Drainer According to multiple reports, an alleged exploit has been discovered in the Ledger Connectkit Library, raising concerns about the security of decentralized applications (dapps). Users are strongly advised not to interact with the front ends of these dapps due to the potential risk

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Google Sets New Requirements for Advertisers of Cryptocurrency Coin Trusts in the U.S.

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Introduction Starting on Jan. 29, 2024, advertisers of cryptocurrency coin trusts targeting the U.S. market will be required to meet certain requirements, according to Google. Violation of this new policy will not result in the immediate suspension of advertisers’ respective accounts, the multinational technology company said. New Requirements for Advertisers Google has announced that advertisers

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Federal Reserve Maintains Current Rates, Eyes Potential Reductions in 2024

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Financial Benchmarks Display Bullish Trend After FOMC Announcement Following the most recent session of the Federal Open Market Committee (FOMC), the Federal Reserve decided to keep interest rates unchanged. This decision was in line with market expectations, as there were speculations of rate reductions in 2024. The market reacted positively to the announcement, influenced by

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U.S. Inflation Rate Holds Steady: Minor CPI Rise Amid Falling Energy Costs

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Introduction In November, the U.S. Consumer Price Index (CPI), a principal measure of inflation, experienced a slight increase of 0.1%. This steady rise in prices is in line with the annual increase of 3.1%. Notably, energy costs have witnessed a significant decline, while expenses for housing and food have gradually risen. Decline in Energy Costs

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World’s Largest Oil Company Saudi Aramco Partners With SBI Holdings to Potentially Invest in Digital Assets

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Saudi Aramco, the largest oil and gas company by market cap, has formed a strategic partnership with SBI Holdings, a prominent financial services group in Japan. The purpose of this collaboration is to explore the possibility of investing in digital assets. As part of its expansion plans, SBI Holdings intends to establish a subsidiary in

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Bitcoin Technical Analysis: Key Indicators Point to a Consolidation Phase

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Bitcoin's price stands at $41,197 as of December 13, 2023, showcasing a dynamic interplay between various technical indicators. Over the past 24 hours, the cryptocurrency has been oscillating between $40,712 and $41,957, highlighting a state of cautious optimism among traders. Bitcoin Analyzing bitcoin's (BTC) oscillators provides an essential snapshot of its current market stance. The

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Skybridge Founder Predicts Bitcoin’s Multi-Trillion-Dollar Future, Expects Jamie Dimon to Change His Stance

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An Optimistic Outlook for Bitcoin Skybridge Capital founder Anthony Scaramucci recently discussed his optimistic outlook for bitcoin and his expectations for its future in an interview with Bloomberg. Despite the U.S. Securities and Exchange Commission's (SEC) decision on the spot bitcoin exchange-traded fund (ETF), Scaramucci believes that bitcoin will reach a multi-trillion-dollar valuation. He also

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