Bitcoin Price Prediction As Bitcoin nudges $69,935, market watchers are keen on its next move, with predictions hinting at a potential rebound above $70,000. Amidst fluctuating trends, the crypto giant’s ability to breach the $70,000 resistance level is crucial. This scenario stirs speculation on whether it’s the opportune moment to buy the dip, especially with…
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On Friday, the Avalanche-based options protocol, Arrow Markets, unveiled its successful $4 million Series A fundraising initiative. The global project aiming to “revolutionize crypto options trading” garners support from prominent backers including Framework Ventures, Delphi Ventures, and the Avalanche Blizzard ecosystem fund. Crypto Options Platform Arrow Markets Bags $4M in Funding Arrow Markets, an options…
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A report issued by TRM Labs indicated that Tether’s USDT, the largest stablecoin in the cryptocurrency industry, was the preferred stablecoin used for illicit transactions during 2023. TRM Labs alleges that 1.6% of USDT’s volume was linked to illicit activity last year, with $19.3 billion worth of USDT used in illegal transactional flows. TRM Labs…
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HSBC’s recent launch of retail gold tokens underscores the growing adoption of financial asset tokenization, a practice that’s transitioning from early adoption to mainstream use. However, challenges remain in ensuring standardization and broader integration. Asset tokenization leverages blockchain technology to represent ownership of real-world assets (real estate, art, shares, etc.) as tradable digital tokens. These…
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Bitcoin Price Prediction Bitcoin’s price, now at $70,768 with a 1.50% rise, is nearing uncharted territory, spurred by a $35 billion trading volume. Amidst Google’s embrace of blockchain data, indicating growing mainstream acceptance, Bitcoin price predictions are increasingly optimistic, suggesting a trajectory towards new all-time highs. This shift underscores a significant moment in cryptocurrency’s integration…
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Web3 games continue to dominate on-chain activity. According to DappRadar’s recent Game Report, blockchain games accounted for 34% of decentralized application (Dapp) activity last year. The report also notes that Web3 games attracted 1.1 million active daily users in 2023. Source: DappRadar While notable, blockchain games still struggle to attract traditional and Web3 gamers. This…
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Hours after introducing Ethena (ENA) on Binance Launchpool, a fake ENA token has been exploited for 480 BNB worth $290,000. According to a report by on-chain security firm PeckShield on Friday, the exploited token is the fake version of ENA. “The token shares the same name as the legitimate ones,” the updated post on X…
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TRM Labs data revealed that 2023 saw illicit crypto volumes drop by a third from $49.5 billion in 2022 to $34.8 billion. However, of all crypto frauds in 2023, TRON blockchain hosted 45%, up from 41% in 2022. A new report from TRM’s blockchain intelligence team highlighted key trends in crypto illicit transactions through 2023.…
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Detained Binance executive Tigran Gambaryan has sued two Nigerian agencies, accusing them of infringing his basic human rights. Local media outlet Premium Times reported Thursday that the suit was filed against the Natural Security Adviser (NSA) and the Economic Financial Crimes Commission (EFCC) on March 18. Meanwhile, Nadeem Anjarwalla, Binance’s regional manager for Africa, has…
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Several senior South Korean judges hold Bitcoin, Ethereum, and altcoins, new public disclosure data revealed on March 28. Per NoCut News, judges’ holdings up until December 31, 2023, included BTC, ETH, XRP, and Solana coins. Trading volumes on South Korea’s market-leading Upbit crypto exchange over the past two weeks. (Source: CoinGecko) South Korean Judges Make…
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