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South Koreans Show Greater Interest in Altcoins Compared to Americans, Research Finds

Introduction A recent report suggests that South Korean cryptocurrency traders are more attracted to high-risk, high-reward altcoins than their American counterparts. The study reveals that the trading volumes of major cryptocurrencies such as bitcoin and ethereum on the largest Korean exchange are significantly smaller compared to those on the leading U.S. exchange. South Korean Investors […]

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Prosecutors Investigate Sam Bankman-Fried’s Actions in FTX Case

Introduction During an ongoing hearing, federal prosecutors questioned Sam Bankman-Fried about his practices of deleting messages and the alleged use of customer funds while he served as the CEO of FTX, a now-bankrupt crypto exchange. Sam Bankman-Fried's Use of Encrypted Messaging App Prosecutors focused on Bankman-Fried's use of the encrypted messaging app Signal and his

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Bitcoin’s Longevity Examined by Market Strategist Gareth Soloway; Anticipates Gold Surge

Introduction Bitcoin (BTC), the leading digital currency by market cap, has experienced a remarkable increase of over 100% year-to-date. This surge has generated interest in the longevity of its upward trajectory. Gareth Soloway, the head market strategist at inthemoneystocks.com, recently shared his insights on the potential duration of this rally. Additionally, Soloway discussed the upcoming

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Bitcoin Futures Open Interest Skyrockets Amid Rising Market Enthusiasm and ETF Anticipation

Bitcoin Futures Open Interest Surges The open interest (OI) for Bitcoin futures has experienced a significant surge in recent days, with CME Group's OI reaching an impressive 100,000 bitcoins, equivalent to $3.4 billion. This surge is not limited to CME Group, as other platforms such as Binance, Deribit, Bitget, and Okx are also seeing substantial

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Robert Kiyosaki Reveals His Unique Investment Strategy

Robert Kiyosaki's Investment Strategy vs. Warren Buffett's Approach Robert Kiyosaki, the renowned author of the best-selling book Rich Dad Poor Dad, has shared his investment strategy, highlighting the differences between his approach and that of investing legend Warren Buffett. Unlike Buffett, Kiyosaki focuses on accumulating assets for the long term rather than trying to time

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Bukele Likely To Step Down As President To Seek A Second Term

The Constitutional Framework In recent weeks, speculation has been swirling in the Salvadoran media about President Nayib Bukele's potential step down from his current role to pursue a second term in office. This move hinges on obtaining a special license from the Salvadoran Legislative Assembly, which requires three-quarters approval from the body. Previously, it was

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Dogecoin and Polygon Surge as Cryptocurrency Market Remains Bullish

Dogecoin (DOGE) Dogecoin experienced a significant rise of over 10% at the beginning of the week, reflecting the overall bullish sentiment in the cryptocurrency market. The global market cap for crypto has also increased by 2.34% at the time of writing, despite a downturn in global stock indices. On Monday, Dogecoin made notable gains as

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Peter Schiff Warns of Inflationary Depression and Predicts Recession

Economist Peter Schiff's Warning Economist Peter Schiff has issued a stark warning about the U.S. economy, predicting an inflationary depression and a more severe and prolonged recession. Schiff has highlighted the increasing national debt and federal budget deficits as key factors that will lead to a collapse in demand for U.S. dollars. He believes that

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