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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Bitcoin’s average holding time of 4.2 years highlights its reputation as a long-term store of value and its potential for substantial gains. Key Takeaways: Investing in cryptocurrencies, particularly Bitcoin (BTC), has proven to be a successful strategy, provided investors have the patience to hold onto their assets during turbulent times and can time the market effectively for selling. Did you …
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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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Blockchain technology enhances the security and transparency of digital credentials in Further Education (FE). Key Takeaways Promoting skills and achievements with blockchain Blockchain technology is poised to revolutionize the Further Education (FE) landscape, particularly in the realm of digital credentials. In a world where trust and security are paramount, blockchain’s decentralized and immutable nature is proving to be a game-changer. …
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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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OKX’s Liquid Marketplace reached a record $1.54B in monthly futures spread trading volumes in Sep 2023, securing 62% institutional market share. Key Takeaways: OKX, a prominent cryptocurrency exchange, proudly announces a historic achievement for its Liquid Marketplace. In September 2023, the Liquid Marketplace, a comprehensive spot OTC, futures spreads, and options liquidity network, soared to unprecedented heights by registering a …
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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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Middle East McDonald’s franchisees have openly aligned with either the Israeli forces or Gazans in the Israel-Hamas conflict, intensifying through social media declarations. Key Takeaways Global fast-food juggernaut McDonald’s Corp has inadvertently stepped into the geopolitical arena. Amidst the ongoing Israel-Hamas tension, its Middle East franchisees have polarized, voicing support for opposing sides. The spark was ignited when McDonald’s Israel …
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