The UK’s FCA warns of issues in crypto marketing, including misleading claims, inadequate risk warnings, and failure to highlight product-specific risks under new regulations. Key Takeaways The Financial Conduct Authority (FCA) in the United Kingdom has raised concerns about the marketing practices of cryptoassets following the implementation of new regulations on October 8. The FCA’s statement highlights three major areas …
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The article discusses Bitcoin’s recent rally to $31,000 and its potential for a pullback, influenced by market dynamics and stock market performance. Key Takeaways Bitcoin, the reigning champion of cryptocurrencies, has been on a rollercoaster ride lately. A recent surge propelled its price to a dizzying $31,000, hovering dangerously close to breaking that elusive resistance level. However, the euphoria was …
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New York Attorney General sues crypto firms Gemini, Genesis, and DCG, alleging they “defrauded” over 230,000 investors, including 29,000 New Yorkers, of more than $1 billion. Key Takeaways New York Attorney General Letitia James has filed a lawsuit against cryptocurrency companies Gemini Trust Company, Genesis Global Capital LLC, and Digital Currency Group Inc (DCG), alleging they “defrauded” over 230,000 investors, …
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The HBAR price is currently in a triangle pattern, hovering around $0.045 with resistance from the 50-day EMA. Key Takeaways As HBAR’s price chart unfolds, a promising scenario is taking shape. The price action is teasing a double bottom reversal starting from the $0.045 mark. A notable development is the MACD indicator, which is showing signs of bullish divergence and …
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Despite a crypto market selloff, a significant XRP whale moved 409.7 million XRP from Bitvavo, signaling strong confidence and potential for price rally. Key Takeaways: In the midst of a widespread crypto market selloff, XRP is capturing the attention of both whales and institutional investors, who are rapidly amassing the cryptocurrency. This surge in buying activity from major players reflects …
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False reports of SEC approving BlackRock’s Bitcoin ETF caused market surge, CEO Larry Fink denies, BWBF co-founder raises concern over BlackRock’s interest in Bitcoin. Cryptocurrency enthusiasts experienced a rollercoaster of emotions when news of the Securities Exchange Commission’s apparent approval of BlackRock’s Bitcoin ETF application hit the headlines. This unexpected development triggered a surge in Bitcoin’s price, pushing it past …
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Blockchain could revolutionize the travel industry, especially aviation, by standardizing data, enhancing security, and addressing seasonal transaction fee fluctuations. Key Takeaways Pablo Castillo, the Chief Technology Officer of Chain4travel and a seasoned expert in digital innovation within travel, recently shed light on the transformative role of blockchain in the travel industry, particularly in aviation. According to Castillo, aviation stands out …
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The Bitcoin (BTC) price faces a potential drop to around $25,500 due to decreasing investor confidence, lack of retail participation, and bearish signals. Key Takeaways Bitcoin, the flagship cryptocurrency, is navigating precarious waters, following a minor price upswing that was swiftly dominated by bearish momentum, threatening to pull the price towards initial levels or perhaps even lower. The broader crypto …
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Judge Amy Berman Jackson issues multiple orders clearing pending motions in the Binance vs. SEC lawsuit, including acceptance of Circle as amicus curiae. Key Takeaways Binance Vs SEC As the legal battle between global exchange behemoth Binance and the U.S. Securities and Exchange Commission (SEC) continues to unfold, crucial developments have surfaced ahead of a pivotal hearing scheduled for today, …
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The Dogecoin team issued a warning to the Dogecoin community, emphasizing the importance of self-custody, advising users to store their cryptocurrency in wallets not linked to exchanges or third-party platforms. Key Takeaways In a crucial alert to the Dogecoin community, or “DOGE Army,” the Dogecoin team has issued a potent warning regarding the storage of cryptocurrency on X social network, …
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