Amid the current volatility in the cryptocurrency market, Ripple’s XRP has shown remarkable resilience. Despite fluctuations, XRP has managed to stay relatively stable, with its price moving within a narrow range. Over the past 24 hours, XRP has gained 0.62%, hovering around $0.48, and its trading volume has surged dramatically.…
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The Shiba Inu (SHIB) cryptocurrency has experienced a significant surge in trading volume, even as the broader meme coin sector navigates through recent market turbulence. SHIB’s Market Recovery: A Closer Look The cryptocurrency market faced considerable volatility over the past 24 hours, with Shiba Inu (SHIB) being one of the…
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HashKey Group, a prominent digital asset financial services provider across Asia, has announced its upcoming initiatives involving the launch, airdrop, and public listing of its new native token, HSK, slated for Q3 2024. Introduction of HSK Token by HashKey Group In a significant move aimed at enhancing community engagement and…
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Cryptocurrencies are once again in the spotlight as investors eye the next potential bull run. Here’s a closer look at the top 5 coins with promising futures and growth potential this year. BlockDAG (BDAG): Pioneering Blockchain Advancements BlockDAG emerges as a frontrunner in the crypto sphere, propelled by its revolutionary…
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In the wake of a sharp decline in altcoin prices, analyst Connor Kenny has addressed the pressing question on many investors’ minds: What caused this sudden market downturn, and what does it mean for Bitcoin and the broader cryptocurrency landscape? Bitcoin’s Crucial Support Level Connor Kenny explains that Bitcoin has…
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India’s Financial Intelligence Unit (FIU) has imposed a fine of Rs 18.82 crore ($2.25 million) on Binance, the world’s leading cryptocurrency exchange, for non-compliance with anti-money laundering (AML) regulations. Penalty and Compliance Issues India’s FIU has sanctioned Binance following an investigation that revealed the exchange’s failure to adhere to the…
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Winklevoss twins, founders of the Gemini cryptocurrency exchange, have each contributed $1 million in Bitcoin to former President Donald Trump’s campaign for the 2024 U.S. presidential election. This donation, totalling 30.94 BTC, underscores their discontent with the current administration’s stance on cryptocurrency regulation. Winklevoss Twins founders of the Gemini cryptocurrency…
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Italy is set to implement stringent regulations on its cryptocurrency market, aiming to curb market manipulation and insider trading with hefty fines. Italy Strengthens Crypto Penalties Italy’s government is gearing up to enhance its oversight of cryptocurrency activities. According to a Reuters report, a draft decree reviewed by the news…
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In a groundbreaking move, global banking giant Standard Chartered has announced its plans to launch a trading desk for spot Bitcoin (BTC) and Ethereum (ETH). This development marks Standard Chartered as the first traditional bank to enter the spot cryptocurrency trading space, a significant milestone in the mainstream adoption of…
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Japanese cryptocurrency exchange BitFlyer has announced its acquisition of FTX Japan, the local arm of the collapsed crypto trading platform FTX. The acquisition, finalized on June 20, marks a significant shift in FTX Japan’s business model from a crypto exchange to an institutional-grade crypto custody service. BitFlyer to Transform FTX…