Author name: Peter

Solana Experiences a 6% Value Dip in 2024, Slipping from Previous Year’s Highs

During the first week of 2024, the digital currency Solana witnessed a significant decline, with its value dropping by over 6%. This downturn has caused Solana to fall to the fifth position in terms of market rank, as its value hovers below the $100 mark on Saturday, January 6, 2024. 2024 Brings a Cool-Off Period

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Taiwan Police Arrest Crypto Exchange Bosses Accused of Fraud

Arrests Made in Deceptive Crypto Scheme The authorities in Taiwan have recently made significant progress in combating fraudulent activities within the cryptocurrency industry. Two high-ranking executives from ACE Exchange, one of the largest cryptocurrency exchanges in the region, have been arrested for their involvement in a scam that deceived approximately 100 investors. Deception and False

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The SEC Warns Investors About Fear of Missing Out (FOMO)

The U.S. Securities and Exchange Commission (SEC) has issued a warning to investors regarding the fear of missing out (FOMO). The SEC emphasizes that just because others are buying a particular investment, it doesn't necessarily mean it's the right opportunity for everyone. In light of the increased interest in online investing, digital assets, and meme

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US Economy Achieves ‘Soft Landing’ as Janet Yellen, US Treasury Secretary, Remains Optimistic

Janet Yellen Affirms 'Soft Landing' Scenario for US Economy Janet Yellen, the US Treasury Secretary and former Chairman of the US Federal Reserve, is confident that the recent positive developments in the American economy indicate a successful 'soft landing.' Yellen specifically highlights the low inflation figures and the robust labor market as indicators of this

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El Salvador’s Bold Move: A New Era of Transparency for Bitcoin Reserves

On March 14, 2024, El Salvador's president-elect, Nayib Bukele, unveiled a historic bold maneuver that echoed across the Bitcoin world: El Salvador confirmed the transfer of a substantial portion of its Bitcoin holdings into cold storage, securely kept within a vault in its national borders. This strategic decision marks a pivotal juncture in El Salvador's

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Ethereum Technical Analysis: Ether Demonstrates Volatility Amid Growing ETF Anticipation

Introduction Ethereum's trading value currently stands at $2,265, experiencing fluctuations within a daily range of $2,170 to $2,310. This is occurring in the context of a $272 billion market capitalization and a robust 24-hour trading volume of $19.24 billion. Similar to other cryptocurrencies, Ethereum mirrors the volatility of Bitcoin as anticipation grows over the potential

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Former SEC Chair: Spot Bitcoin ETF Approval Is Inevitable, “There’s Nothing Left to Decide”

Former SEC Chair's Bold Proclamation A bold statement has emerged from former U.S. Securities and Exchange Commission (SEC) Chair Jay Clayton, suggesting that the approval of a Spot Bitcoin Exchange-Traded Fund (ETF) is inevitable. In an interview with CNBC today, Clayton confidently stated, "there's nothing left to decide." Imminent Breakthrough in Bitcoin ETF Regulations Clayton's

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Market Anticipates Rate Cuts as Federal Reserve Considers Target Rate Decisions

Introduction This year, the focus of market observers is once again on the decisions of the U.S. Federal Reserve regarding the federal funds rate. There is a particular anticipation for potential rate cuts in the coming months. However, experts suggest that the central bank is in no rush to make these changes and can afford

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