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The article discusses predictions for the Bitcoin price and how it may be influenced by the outcome of the United States presidential elections in 2024. The focus is on whether former president Donald Trump or Democratic candidate Kamala Harris winning the presidency would impact the price of Bitcoin significantly. The article mentions Bernstein analysts predicting
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Bitcoin’s recent surge from $53,600 to over $58,000 has left the community wondering about the underlying reasons behind this impressive pump. One of the key factors contributing to this surge could be the US spot Bitcoin ETFs. Since their inception in mid-January this year, these ETFs have had a significant impact on Bitcoin’s price movements.
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The US Securities and Exchange Commission (SEC) has significantly increased its efforts in regulating the crypto industry, imposing a record $4.68 billion in fines against various companies in 2024. This surge in fines represents a significant escalation in the agency’s regulatory actions, with 2024 accounting for 63% of the total fines levied since 2013. One
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The landscape of cryptocurrency exchanges has been experiencing a significant shift in market share dynamics, according to a recent report by research firm Kaiko. Coinbase, once the dominant player in the US crypto market with over 50% market share in March, has seen a decline to 41% by September. On the other hand, Bullish, a
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In the wake of the recent hack that targeted WazirX’s systems, leading global auditor Grant Thornton conducted a thorough review of Liminal’s infrastructure to ensure its security. The audit, part of Liminal’s comprehensive investigation into the incident, provided assurance that the platform’s frontend, backend, and user interface were not compromised. This reaffirmation of security is
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Despite its popularity, Ethereum is still struggling to perform well compared to other major cryptocurrencies. The recent bearish movement has caused many investors to be in the red as the price continues to drop. There is a growing concern that the price could potentially fall below $2,000 once again. However, there is a glimmer of
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Bitcoin (BTC) recently experienced a significant drop in price after the release of August nonfarm payrolls (NFP) data, which failed to meet market expectations. This led to a sharp decline in BTC’s price, plummeting nearly 5% to trade below the $54,000 range, reaching its lowest level since early August. The market saw a liquidation of
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When we look at the analysis provided by Daan Crypto regarding Bitcoin’s current price action, it is important to note that his prediction hinges on Bitcoin holding above the $60,000 mark for a potential bullish reversal. This prediction is significant in the context of the crypto market’s volatility and the ongoing price fluctuations. The reference
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