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Caitlin Long, the CEO of Custodia Bank, has raised pointed allegations against the US Federal Reserve, accusing it of deliberately perpetuating anti-crypto policies while masquerading as a pro-innovation entity. The recent announcement from the Fed claiming to rescind restrictive guidelines sounds promising at first blush. However, by maintaining a crucial rule that prevents banks from
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In a remarkable turn of events, Pudgy Penguins (PENGU) has made waves in the cryptocurrency sphere, rebounding with an astounding 160% increase in just one week. This meteoric rise brought PENGU tantalizingly close to the upper echelon of cryptocurrencies, boasting a market cap that briefly touched $900 million. For those following the meme coin space,
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In the fast-paced world of cryptocurrency exchanges, where fortunes can change in an instant, a recent incident involving Bitget has raised serious questions about ethical trading practices and the vulnerabilities of digital asset platforms. Bitget, a prominent crypto exchange, has taken the bold step of pursuing legal action against eight users, accusing them of exploiting
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Bitcoin, a digital currency that has captivated investors and skeptics alike, has once again proven its volatile nature. Early Monday witnessed a sharp dip below $93,000, a price drop that could easily unnerve less seasoned traders. However, merely hours later, the cryptocurrency clawed its way back to almost $95,000, demonstrating an unsettlingly energetic bounce-back capability.
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April 2023 has witnessed an unusual blend of volatility in global markets, primarily driven by President Donald Trump’s tariff strategies. However, amidst these economic trials, Bitcoin has showcased a remarkable resurgence, ascending by over 14% this month alone. As it nudges past the $94,000 mark, speculations abound regarding its potential trajectory. A heightened sense of
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In a rapidly changing financial environment, the cryptocurrency market stands as a significant arena for investors either seeking refuge or high-stake opportunities. Ethereum, one of the frontrunners in this sphere, has demonstrated a remarkable ability to maintain itself above crucial support levels, particularly around the $1,850 mark. Nevertheless, the psychological weight of global trade tensions
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In recent months, a transformative shift has been brewing in the U.S. regulatory landscape for cryptocurrencies. The current administration appears to be moving away from prior heavy-handed regulatory measures towards a more balanced approach that prioritizes clarity and economic growth. This new direction, while understandably optimistic, still carries with it the weight of hesitation and
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