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SEC Rejects Coinbase’s Petition for Regulatory Clarity in Crypto Industry

Coinbase Takes Legal Action Against SEC The U.S. Securities and Exchange Commission (SEC) has rejected cryptocurrency exchange Coinbase's petition for regulatory clarity in the crypto industry. SEC Chairman Gary Gensler backs his agency's decision to deny Coinbase's petition. In response, Coinbase has pursued legal action against the securities regulator to challenge this decision. Coinbase Challenges […]

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Bitcoin Technical Analysis: BTC’s Consolidation Phase Signals Cautious Market Approach

Bitcoin's Price Dynamics As of December 15, 2023, the price of bitcoin (BTC) showcases an interesting mix of bullish trends and nuanced fluctuations. Following the U.S. Federal Reserve meeting on Wednesday, BTC's price experienced an improvement, but it has since entered a tight consolidated pattern. Bitcoin's Current Status Currently, bitcoin is priced at $42,696, with

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Bitget Predicts Bitcoin to Reach $100,000 and ORDI BRC20 Token to Rise in the Next Bull Market

Bitget's Optimistic Forecast for Bitcoin and ORDI In a recently published prediction report, Bitget, a leading derivatives crypto exchange, has projected a bright future for the Bitcoin ecosystem. According to Bitget researchers, BTC has the potential to skyrocket to $100,000 in the next bull market, while the ORDI BRC20 token is expected to climb up

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Matrixport Report: Crypto Market Poised for Growth Despite ETF Approval

Introduction Matrixport's research team has observed a significant increase in U.S. money market fund deposits, doubling since the outbreak of Covid-19. This growth, they believe, bodes well for the continued expansion of the crypto asset market. Analysts anticipate that bitcoin will maintain its upward trajectory, regardless of whether a spot exchange-traded fund (ETF) is approved,

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

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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The Impending Federal Open Market Committee (FOMC) Meeting and Speculation on Interest Rates

Introduction Market participants, including both investors and traders, are eagerly awaiting the upcoming Federal Open Market Committee (FOMC) meeting scheduled for December 13, 2023. The focus is on whether Fed Chair Jerome Powell will maintain the current elevated benchmark interest rate. Renowned financial expert Jim Grant believes that interest rates will remain at a higher

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Robert Kiyosaki’s Warning: No Time to Play Russian Roulette With Your Life

Doubling Down on the Crash Prediction Renowned author Robert Kiyosaki, famous for his book Rich Dad Poor Dad, is sounding the alarm on what he believes could be the biggest crash in history. With the U.S. banking system on the verge of bankruptcy, Kiyosaki warns that the collapse of the S&P 500 will have devastating

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