Howard Lutnick, CEO of Cantor Fitzgerald, says bitcoin is a commodity. “When you truly understand bitcoin, it’s hard to see it any other way,” he said, adding that the crypto “should be treated like gold and like oil.” While stating that other digital assets may vary, he firmly maintained that BTC is a commodity. Howard…
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Raoul Pal, the founder of Real Vision and a recognized figure in the crypto community, has issued a stark warning about the rapidly approaching transformations in the global economy, driven by unprecedented technological advancements. In his latest video, Pal, who has long advocated for an understanding of what he calls the “exponential age,” claims that…
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Analysts have begun to try to explain the weak performance of HMSTR, the Hamster Kombat official game token, since its token generation event and subsequent airdrop. Neomarkets chief analyst Oleg Kalmanovich assessed that one of the key problems for the projects included the dilution of HMSTR, calling its airdrop a time Ponzi scheme. Hamster Kombat…
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A recent tweet from Uphold, a digital currency platform, has sparked a flurry of skepticism and exhilaration within the XRP community. The tweet jokingly implied that “XRP just reached $1,000,” which incited a flurry of speculation regarding the feasibility of such a price point. Although some enthusiasts are supporting the concept, numerous critics have promptly…
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The Dutch Authority for the Financial Markets (AFM) has issued a warning about the dangers of pump-and-dump schemes in the cryptocurrency space, as new regulations prepare to target this market manipulation tactic. The upcoming Markets in Crypto-Assets Regulation (MiCAR), effective from Dec. 30 will ban these practices. AFM Sounds Alarm on Crypto Pump-and-Dump Schemes The…
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An app on Google Play was discovered stealing cryptocurrency from users, employing advanced social engineering and trusted protocols. Check Point Research exposed the app after it had siphoned $70,000, deceiving over 150 victims. The attackers used the Walletconnect protocol to appear legitimate, manipulating Google search rankings and avoiding detection through encryption and obfuscation techniques. Malicious…
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Meme coin PEPE has been on an impressive rally for some time now. Stemming from a broader influx of funds into the meme coin sector and the overall cryptocurrency market that has been in motion for the past two weeks, PEPE is currently up by 38% in the last seven days, outperforming its meme coin…
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Internet Computer (ICP) continues to impress investors as it captures gains despite the market being down a few percent today. According to the latest market data, the token is up 16% since last week, a confirmation for some that ICP will continue to trend upward in the coming days. Despite the market’s undeniable bullishness, a…
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According to data from the Central Bank of Bolivia, operations with crypto assets rose in the last three months after the institution lifted a blanket ban on using the banking system for these transactions. Volumes doubled on average, with stablecoins leading the way and transaction numbers also rising. Bolivia Experiences a Crypto Renaissance After Lifting…
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Federico Sturzenegger, Argentine President Javier Milei’s Minister of De-Regulation and State Transformation, explained that the administration is preparing to implement new measures to reduce public spending. Calling it “Deep Chainsaw,” Sturzenegger revealed that the government is working on liberalizing passenger freight transport, air transport, the medicines market, and sports associations. “Public employment has fallen by…
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