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The cryptocurrency market faced significant volatility this past week, with Bitcoin experiencing a steep drop of ten thousand dollars from Monday to Sunday morning. The dramatic fluctuation in prices can be largely attributed to factors stemming from the United States. At the beginning of the week, Bitcoin’s price surged by three thousand dollars on Monday,
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Nader Al-Naji, the founder of BitClout, a social media platform, has found himself in hot water with the US Securities and Exchange Commission (SEC) and the Department of Justice (DOJ). Both regulatory bodies have charged Al-Naji with orchestrating a multi-million-dollar fraudulent crypto asset scheme involving BitClout’s native token, BTCLT. The SEC’s complaint against Al-Naji alleges
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California’s Department of Motor Vehicles (DMV) has taken a bold step in modernizing its operations by digitizing 42 million car titles using the Avalanche (AVAX) network. This move is part of a collaborative effort with software development firm Oxhead Alpha to streamline the state’s title transfer process. By embracing blockchain technology, the DMV aims to
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Cryptocurrency enthusiast, Opeyemi, is a skilled writer who has found his niche in the dynamic world of digital assets. Despite initially not considering the digital asset industry as his primary interest, Opeyemi has been captivated by the realm of cryptocurrency for over two years. His passion for unraveling the complexities of blockchain technology and sharing
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MicroStrategy’s recent announcement regarding their plans to raise up to $2 billion through the sale of its class A shares has generated significant interest in the cryptocurrency community. This move comes as the company aims to bolster its Bitcoin holdings, further solidifying its position as the world’s largest public Bitcoin holder. The decision to raise
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In a bold move, Futu Securities International, the largest online broker in Hong Kong, has ventured into the world of retail cryptocurrency trading. This development aims to attract investors by offering them the opportunity to trade bitcoin and ether on the brokerage platform with Hong Kong or US Dollars. Futu has partnered with HashKey Exchange,
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