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XRP and Cardano Surge as Crypto Market Shows Bullish Sentiment

XRP Price Surge XRP, formerly known as Ripple, experienced a significant surge on Tuesday, marking its fourth consecutive day of gains. The overall sentiment in the crypto market was mostly bullish, with the global crypto market cap rising by nearly 10% at the time of writing. Bitcoin, the leading cryptocurrency, reached a 17-month high, while […]

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4,800 Bitcoins from Abraxas Darknet Marketplace Transferred to Bitcoin Mixer

Abraxas Exit Scam and Bitcoin Movement According to onchain analyst Zachxbt, a total of 4,800 bitcoins that were taken from the now-defunct darknet marketplace Abraxas have recently been transferred to a bitcoin mixing service. The marketplace, which exit scammed in November 2015 after operating for less than a year, had left these bitcoins untouched since

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Former FTX General Counsel Testifies about Misappropriation of Funds

Shocking Revelations: $7 Billion Missing Can Sun, the former general counsel of the now-defunct cryptocurrency exchange FTX, took the stand on Thursday in the criminal fraud trial of FTX founder Sam Bankman-Fried (SBF). Sun testified that he was completely shocked to discover that FTX had secretly transferred billions of dollars in customer funds to Bankman-Fried's

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Robert Kiyosaki Anticipates Bitcoin to Touch $135,000, Predicts Upsurge in Gold Value

Robert Kiyosaki, the acclaimed author of "Rich Dad Poor Dad," foresees a significant rise in the value of Bitcoin, predicting it might reach as high as $135,000. Concurrently, he anticipates a considerable growth in gold prices, with a potential increase up to $3,700. Conversely, Kiyosaki also issued a warning regarding the potential pitfalls for those

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Bitcoin and Ethereum Rally: A Technical Analysis

Bitcoin and Ethereum, two leading cryptocurrencies, have recently witnessed a significant surge in their market values. The increase in Bitcoin price above $30,000 is largely fueled by the growing market anticipation that the U.S. Securities and Exchange Commission (SEC) may soon greenlight several spot Bitcoin ETFs. Bitcoin's Stellar Performance Bitcoin's market performance reached a high

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Bitcoin and Ethereum Market Analysis: Anticipation Builds as Bitcoin Approaches $28,000 with Potential Grayscale ETF Conversion

The cryptocurrency market is ablaze with excitement as Bitcoin inches closer to the $28,000 mark. This surge was triggered by the SEC's (Securities and Exchange Commission) decision to refrain from opposing a court ruling in favor of Grayscale Investments. The consequential implication of this ruling is that Grayscale may soon transition its Bitcoin Trust into

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Groundbreaking Ordinals Investment Fund Garners Attention from Institutional Investors

As the first active trading and investment fund devoted to Ordinals-related assets, the Unbroken Chain fund has successfully piqued the interest of institutional investors. Spearheaded by L. Asher Corson, a portfolio manager from Consolidated Trading, the fund has already established noteworthy alliances and is set to secure $5 million from limited partners. Specialization in Diverse

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Bitcoin and Ethereum Technical Analysis: BTC Consolidates Gains, Ethereum Continues to Hover

Bitcoin's performance in today's trading session saw a brief pause, as traders chose to consolidate their gains following a recent two-month peak. Despite this, the global cryptocurrency market cap is trading just 0.01% lower, with Bitcoin remaining firmly above the $28,000 mark. Ethereum, on the other hand, has experienced a slight surge, continuing to hover

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El Salvador’s Revival: A Look at Bitcoin Adoption and its Impact, by Vice President Felix Ulloa

El Salvador's Vice President, Felix Ulloa, recently shared his insights on how the nation's adoption of Bitcoin as legal tender has catalyzed the country's resurgence. According to him, Bitcoin's role has been pivotal in attracting cryptocurrency-related investments and tourists, ultimately contributing to the country's revival. Felix Ulloa's Insights: Bitcoin's Role in Attracting Economic Growth El

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Evergrande’s Financial Struggles Incite Bank Panic in Northern China

Recent reports indicate that the major Chinese property developer, Evergrande's, financial woes have instigated a bank panic in northern China. This uncertainty arose after unverified claims circulated that the Bank of Cangzhou had provided billions in loans to the beleaguered company. This news followed closely on the heels of an announcement by Evergrande regarding the

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