Bitcoin (BTC) has faced significant pullbacks since the bear market of 2022, with drops as high as 23% in value. These declines, while daunting, present an opportunity for investors to maximize their returns by buying at discounted prices and benefiting from subsequent rebounds. Crypto trader and analyst Rekt Capital highlighted the potential for good returns
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Chief economist and Bitcoin critic, Peter Schiff, recently issued a somber prediction regarding the world’s largest cryptocurrency. In a tweet, Schiff shared a price chart of Bitcoin against the United States Dollar (USD), highlighting Bitcoin’s price at $63,814 and key support levels around $60,000. Schiff emphasized the importance of Bitcoin maintaining its stronghold above $60,000,
With the recent greenlight from the European Parliament on new Anti-Money Laundering Regulations (AMLR), Crypto Asset Service Providers (CASP) in Europe are now facing the challenge of implementing stringent Know Your Customer (KYC) procedures. These measures are essential in combating money laundering activities within the crypto sector. Expansion to Non-Financial Sectors The new laws not
In the past 24 hours, Ethereum (ETH) has witnessed a significant 5% decrease in price. This decline has raised concerns among investors and analysts, particularly in light of the looming decision by the US Securities and Exchange Commission (SEC) regarding the approval of Ethereum ETFs. Recent reports have suggested that the SEC is likely to
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In a recent turn of events, Binance’s co-founder and former CEO, Changpeng ‘CZ’ Zhao, submitted a letter of apology to the court on April 24. This letter comes after Zhao pleaded guilty to criminal charges earlier this year, expressing regret and accepting full responsibility for his actions. This article delves into the details of Zhao’s
In the rapidly evolving world of Web3 gaming, Beam is making a name for itself as a gaming-focused subnet on the Avalanche Network. With the increasing popularity of blockchain technology, traditional gaming models are facing challenges from decentralized alternatives that offer players true ownership of in-game assets and provide developers with new revenue opportunities. Beam’s
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