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The cryptocurrency market is rife with opportunities and challenges, particularly due to its notorious volatility and ever-changing trends. This dynamic environment makes crypto trading both exhilarating and daunting, especially for seasoned investors. Recently, one experienced trader capitalized on these market conditions, turning $6.2 million into an impressive $17.5 million following Bitcoin’s price surge. Bitcoin, the…
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Ripple has obtained in-principle approval from the Dubai Financial Services Authority (DFSA) to expand its blockchain-based payment services in the United Arab Emirates (UAE). This approval allows Ripple to operate from the Dubai International Financial Centre (DIFC), significantly boosting its presence as a regulated entity within the Middle East. Ripple Gains Ground in UAE with…
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XRP News: XRP price today sparked bearish market sentiments across the crypto landscape, tanking nearly 5% against the backdrop of Ripple’s 1 billion token unlock. On-chain data indicates that the American blockchain payments firm unlocked a whopping 1 billion coins from escrow, raising concerns among market watchers despite the native token being on a price…
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On Tuesday, Asia’s MicroStrategy Metaplanet announced the purchase of 107 Bitcoins to its kitty just as the crypto market kickstarts Q4 on an optimistic note with investors eyeing a Bitcoin Uptober rally. Over the past few months, the Japanese-listed firm has been consistently buying Bitcoins by adopting MicroStrategy’s playbook to add BTC to the balance…
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Crypto Market Update: October 1 The cryptocurrency market experienced mixed price action on Tuesday, with investors closely watching key assets. Bitcoin (BTC) retreated to the $63,000 level after recently touching $66,000. Other major cryptocurrencies like Ethereum (ETH), Solana (SOL), and XRP also faced volatility. However, Bittensor (TAO) and SUI bucked the trend, posting gains of…
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Binance Kazakhstan has received a full Digital Asset Trading Facility (DATF) license from Astana Financial Services Authority (AFSA). This approval will enable the platform to work as a trading facility for digital assets, a broker-dealer, and provide digital assets custody services in Kazakhstan. Binance Secures Full Digital Asset Trading License According to a blog post…
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Bitcoin Price Dips But Holds Above $64,000 Ahead of Powell Speech The cryptocurrency market experienced a sharp correction in the past hour, with Bitcoin shedding nearly $1,000. However, the leading digital asset has managed to maintain support above the $64,000 level, suggesting this pullback may be short-lived. The sudden drop came just before Federal Reserve…
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In the last a few months, the UK has seen an attack of a major crypto hack which affected more than 250 people and the hackers stole $650,000. The scheme used fake Bybit demo accounts to entice the unwitting into the scam and offer them easy money. The fraudster, who became known as “Ape 31,”…
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A panel from the Ninth Circuit Court of Appeals has reinstated a key claim in the lawsuit brought by cryptocurrency investor Michael Terpin against AT&T. Terpin claims that AT&T permitted hackers to take over his phone, which resulted in the loss of $24 million in cryptocurrency. This decision reinstates a part of the lawsuit which…
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American blockchain payments firm Ripple Labs Inc. is unrelenting in its series of tests for its RLUSD stablecoin. About an hour before writing, the company minted a fresh 80,000 RLUSD to perfect the process of minting and burning the tokens. This latest minting has intensified the community’s demand for the potential launch timeline. Ripple RLUSD…