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The cryptocurrency market has been experiencing a decrease in bullish momentum, raising concerns about the continuation of the ongoing bull cycle. Recent price fluctuations have seen Bitcoin drop from $70,000 to below $67,000, signaling a struggle to reach its previous all-time high of $73,737. Amidst this uncertainty, on-chain analytics platform Santiment has identified a key
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The Financial Crimes Enforcement Network (FinCEN) of the US Department of the Treasury has recently commended the popular crypto exchange Coinbase for its significant role in aiding major criminal investigations. Through a letter addressed to Coinbase CEO Brian Armstrong, FinCEN highlighted how the exchange has assisted law enforcement efforts through its compliance and reporting practices.
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The prospect of spot Ethereum exchange-traded funds (ETFs) making their way into the US market has hit a roadblock, with concerns mounting over the likelihood of regulatory approval from the Securities and Exchange Commission (SEC). Jan van Eck, CEO of VanEck, a key player in the investment industry, recently expressed doubts about the approval of
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Ethereum’s price has been experiencing a period of sideways consolidation after dropping to the critical support level of $3K. Despite attempts to push the price towards $3.7K, the cryptocurrency remains stuck within this range. Volatility is unlikely to increase until a breakout occurs in either direction. Analyzing the daily chart, it is evident that Ethereum
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In the rapidly evolving world of cryptocurrency, meme coins have become a popular avenue for retail investors seeking high returns. Avalanche Foundation’s recent foray into acquiring meme coins has sparked interest and speculation in the crypto community. This article will examine Avalanche’s current meme coin trends and explore the potential of a new multichain crypto
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