After conducting a thorough analysis, it has been noted that ITC Crypto founder and CEO Benjamin Cowen has highlighted a wedge chart pattern that is currently evident in the market. This pattern resembles previous cycles in 2019 but on a much larger scale. Additionally, the ETH/BTC structure seems to have bottomed out following an interest
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Investors and gamers alike are venturing into pre-market trading in search of early access to popular game tokens in the market. Telegram based games such as Hamster Kombat, Catizen, WatBird, and X Empire are providing the opportunity for traders to grab these tokens early through pre-market trading strategies. But what exactly is pre-market trading, and
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The Digital Chamber (TDC) recently made a plea to Congress to pass legislation that would categorize particular non-fungible tokens (NFTs) as consumer goods and exempt them from federal securities regulations. This move comes in the midst of mounting concerns regarding the Securities and Exchange Commission’s (SEC) crackdown on various NFT platforms, including OpenSea. TDC argued
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US Securities and Exchange Commission (SEC) Commissioner Hester Peirce has recently expressed persistent concerns regarding the SEC’s Staff Accounting Bulletin No. 121 (SAB 121). This comes after SEC Chief Accountant Paul Munter reaffirmed the Commission’s unwavering stance on SAB 121 during a speech on September 9th. Munter emphasized that the SEC staff’s perspective on the
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Samuel Edyme, known as HIM-buktu in the digital realm, is a multifaceted individual with a diverse skill set. Initially lured into the world of cryptocurrencies through a Ponzi scheme, Edyme’s resilience and determination transformed his experience into a valuable asset in the crypto space. Despite facing setbacks such as the Terra Luna crash and the
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The Cardano (ADA) ecosystem recently experienced substantial growth across various key metrics following the successful implementation of the anticipated Chang upgrade on September 1. Despite the bearish market sentiment affecting ADA’s price, the Cardano Foundation reported an increase in investor activity and blockchain usage. In particular, smart contract transactions surged by 31%, while metadata transactions
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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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