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XRP Technical Analysis: Market Navigates Rumor-Induced Volatility

In the wake of recent market rumors about Blackrock's involvement with XRP, the cryptocurrency's price experienced significant volatility. Today, XRP stands at $0.654, reflecting a dynamic interplay of market forces and investor sentiment. XRP's Price Rollercoaster: Blackrock Rumors Stir Market Waves The 24-hour trading window saw XRP's price fluctuate between $0.643 and $0.731, demonstrating a […]

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Javier Milei: Not an Anarcho-Capitalist, Says Former Greek Finance Minister

Milei: A Dictator in Libertarian Clothing Former Greek Finance Minister and anti-capitalist Yanis Varoufakis has cautioned against labeling Argentina's president-elect Javier Milei as an anarcho-capitalist, contrary to popular belief among libertarians. Varoufakis, now an economics professor, likens Milei to the far-right military ruler Videla, stating that Milei is simply donning a libertarian facade. Videla governed

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KPMG and Chainalysis Partner to Strengthen Crypto Fraud Detection and Compliance

Introduction KPMG in Canada has formed a strategic partnership with Chainalysis, a blockchain surveillance firm, with the goal of enhancing efforts against crypto asset fraud. This collaboration marks KPMG's entry into the Chainalysis Solution Provider program and aims to provide improved monitoring and risk management tools for cryptocurrency exchanges, financial institutions, and government agencies. The

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Crypto Market’s Mixed Fortunes — BONK, TAO, and KAS Rise as Several Other Cryptos Stagnate

A Week of Highs and Lows for Cryptocurrencies As of this writing, the crypto market is currently valued at $1.42 trillion, with bitcoin (BTC) dominating 49.9% of the overall market cap. However, this past week has seen bitcoin and ethereum experiencing relatively stagnant performance in terms of their percentage changes. Interestingly, a number of other

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Binance Client Executives Kidnapped and Forced to Empty Crypto Wallets: CEO Changpeng Zhao

In a shocking incident, Changpeng Zhao (CZ), the CEO of Binance, one of the leading cryptocurrency exchanges, revealed that executives of a Binance client were kidnapped and coerced into emptying their crypto wallets. CZ shared the details of the incident and highlighted how Binance was able to track the stolen funds and freeze over 94%

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The Performance of Privacy Crypto Tokens in 2023: A Detailed Analysis

A Decline in Market Value Throughout 2023, various sectors within the cryptocurrency market have witnessed significant gains. However, privacy-centric crypto tokens have lagged behind their counterparts in terms of performance. Over the last ten months, the market value of the privacy cryptocurrency sector has diminished by $440 million, marking a notable downturn. An Overview of

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SEC’s Spot Bitcoin ETF Advice Fuels Hope for Approval — Crypto Industry Views It as ‘Real Progress’

SEC’s Advice Regarding Spot Bitcoin ETFs The Securities and Exchange Commission (SEC) has provided specific guidance to exchanges seeking to list and trade spot bitcoin exchange-traded funds (ETFs) on what they should do next. This development has been seen as real progress within the crypto industry, as it brings clarity to the cash versus in-kind

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Bitcoin Technical Analysis: Overcoming $38K Resistance Level to Propel BTC Forward

Bitcoin's Recent Price Swing and Current Market Status Between November 16 and 17, 2023, bitcoin (BTC) experienced a significant shift in its value, with its price fluctuating from $35,579 to $37,904 within a span of 24 hours. Currently, the market has stabilized, and bitcoin is trading at $36,387 per unit. On November 17, 2023, bitcoin

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Blockchain.com Raises $110 Million in Series E Round Led by Kingsway

Blockchain.com Secures $110 Million in Series E Funding Blockchain.com, a cryptocurrency enterprise that offers a digital asset exchange, a blockchain explorer, and a non-custodial wallet, has recently announced that it has raised $110 million in a Series E funding round. The funding round was led by Kingsway, a prominent investor in the crypto space. This

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Critics Raise Concerns as Two Major Mining Pools Control Over 50% of Bitcoin Hashrate

The Dominance of Bitcoin Mining Pools A recent analysis by crypto analyst Chris Blec has revealed that two major mining pools now hold more than 50% of Bitcoin's total hashrate. This development has raised concerns among critics, who believe that it could lead to increased regulation in the industry, with miners being required to follow

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