Author name: Peter

Gold Surges to Record High: Is this the Beginning of a New Era?

Gold has taken the financial markets by storm, surpassing resistance levels and skyrocketing to an unprecedented all-time high of $2,148.99 overnight. This surge in price has also set a new standard in volatility, with the yellow metal experiencing $100 swings within a single day. While gold has slightly calmed down this morning, it is evident […]

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The Indian Government Reveals 28 Registered Crypto Service Providers

The Indian government has recently disclosed that there are currently 28 crypto service providers registered with the country's Financial Intelligence Unit. Moreover, the Ministry of Finance has clarified that the anti-money laundering guidelines and reporting requirements are applicable to offshore cryptocurrency exchanges that cater to the Indian market. Government Provides Details on Registered Entities In

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The Risks and Rewards of Digital Asset Token Staking for Institutional Investors

The Importance of Risk Awareness for Institutional Investors Institutional investors looking to earn rewards from digital asset token staking must be well-informed about the associated risks. Andrew McFarlane, the CTO at Validation Cloud, a Web3 infrastructure company, emphasizes the need for asset managers to take steps to protect their clients. One particular risk that asset

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El Salvador’s Bitcoin Treasury Sees Profit as Investments Grow

NayibTracker.com Confirms Growth in El Salvador's Bitcoin Treasury Recent data from NayibTracker.com, a website dedicated to monitoring El Salvador President Nayib Bukele's Bitcoin investments, reveals that the country's national Bitcoin treasury is showing a profit. The website tracks the timing and dates of known purchases, as well as Bukele's commitment to follow through on these

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Bitcoin Technical Analysis: BTC Breaks $42K Resistance in Latest Bullish Swing

Bitcoin's Price Movements on December 4 On December 4, 2023, the price of bitcoin experienced significant fluctuations, ranging between $39,409 and $42,155 throughout the day. This surge in price allowed bitcoin to surpass the $42K mark, a level not seen since the Terra LUNA crash. Currently, bitcoin's market capitalization stands at approximately $813 billion, with

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Ethereum Price Analysis: Bullish Momentum Continues Amid Mixed Market Signals

As ethereum marks a significant price of $2,250, its movement within a 24-hour range of $2,151 to $2,271 reflects strong activity in the crypto market. With a substantial trade volume of $26.82 billion and a market capitalization of $269 billion, ether demonstrates its continued and dynamic presence in the digital currency landscape. Mixed Signals from

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Lido Achieves 9 Million Ethereum Milestone as Rocket Pool Surpasses 1 Million in Defi’s Booming Staking Sector

Lido, the leading liquid staking protocol (LSP), has achieved a significant milestone by holding over 9 million ethereum within its system. This represents an impressive 77.81% of the total ethereum value locked in current LSPs, highlighting Lido's dominant position in the market. Lido and Rocket Pool: Reaching New Heights with 9 Million and 1 Million

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Platypus Exploiters Cleared of Wrongdoing: Landmark Case Ends in Acquittal

Platypus Hackers Acquitted After Perpetrating $9 Million Exploit Mohammed and Benamar M., two brothers who were accused of exploiting Platypus, an automated market maker (AMM) platform based on Avalanche, have been acquitted of any criminal wrongdoing in a landmark case for French justice. The judge in charge stated that the individuals had simply interacted with

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