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Bitcoin, Ethereum Technical Analysis: BTC Consolidates Close to $26,300 Support Level, Market Volatility Remains High

June 8, 2023 0

Bitcoin consolidated close to a key price floor of $26,300 on Thursday, as a downward death cross sent the cryptocurrency lower. Overall sentiment in the market remains lower, with the global cryptocurrency market cap falling by 1.58% as of writing. Ethereum also declined, after nearing a move

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US Senator Cynthia Lummis Blasts SEC Actions Against Coinbase, Explains Crypto Industry Is Being Pushed Offshore

June 8, 2023 0

Wyoming U.S. Senator Cynthia Lummis has heavily criticized the recent legal action of the Securities and Exchange Commission (SEC) against Coinbase, stating that it might push the cryptocurrency industry and its innovation offshore. Lummis also remarked that the SEC has failed to streamline a path for cryptocurrency companies like Coinbase to regularize their operations.

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$GORA Announces IDO

June 8, 2023 0

PRESS RELEASE. The highly anticipated $GORA token launch day Initial DEX Offering (IDO) for Goracle has finally arrived. This milestone marks a significant step forward in our journey to revolutionize the ecosystem through blockchain technology with our oracle innovative solution. At the core of our project lies a commitment to provide reliable and trustworthy data […]

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Bitget Unveils Martingale AI: The AI-Infused Trading Tool for Crypto Traders

June 8, 2023 0

On June 7, 2023, Bitget, a Seychelles-based platform for crypto derivatives and copy trading, announced the launch of Martingale AI, an AI-infused trading tool. The new feature enables novice crypto traders to utilize strategies developed by AI. Bitget’s Martingale AI: A New AI-Centric Tool for Crypto Traders Artificial intelligence (AI) has been a significant topic […]

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‘De-Dollarization Emerging’ but Greenback Will Retain Its Dominance — JP Morgan Strategists

June 8, 2023 0

Two JP Morgan strategists have said the U.S. dollar will retain its dominant position even as it is being challenged by alternative currencies such as the Chinese yuan. According to a report, the yuan currently accounts for just 7% of global foreign exchange trade volumes while the greenback is just “shy of record highs at […]

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SEC Actions in US May Affect Binance in Other Regions, Hong Kong Lawyer Says

June 8, 2023 0

The crackdown initiated by the U.S. Securities and Exchange Commission (SEC) may affect Binance in other regions and its license application in Hong Kong, according to a crypto-compliance lawyer. The expert believes the regulator wants the largest digital asset exchange to leave the United States. U.S. SEC Crackdown on Binance Is Different, Legal Expert Says […]

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Coinbase CEO Responds to SEC Lawsuit Accusing Crypto Exchange of Securities Law Violations

June 8, 2023 0

Coinbase CEO Brian Armstrong has responded to the lawsuit filed by the U.S. Securities and Exchange Commission (SEC) against his cryptocurrency exchange. The securities regulator charged Coinbase with “operating its crypto asset trading platform as an unregistered national securities exchange, broker, and clearing agency,” as well as selling unregistered securities “in

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Ron Paul Warns Fiscal Responsibility Act Will Erode US Dollar Value, Hasten Loss of Reserve Currency Status

June 8, 2023 0

Former U.S. Representative Ron Paul has warned that the Fiscal Responsibility Act, recently signed into law by President Joe Biden, will escalate government spending, debt, and deficits. It will also erode the value of the U.S. dollar, “making it more likely that the U.S. dollar will lose its world reserve currency status sooner rather than […]

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JPMorgan CEO Jamie Dimon Urges Against Challenging US Dollar’s Reserve Currency Status

June 7, 2023 0

JPMorgan Chase CEO Jamie Dimon has urged against challenging the U.S. dollar’s reserve currency status amid the ongoing de-dollarization trend globally. “The United States is the fundamental foundation of the global economy. The U.S. dollar is the fundamental reserve currency,” Dimon said, emphasizing: “We shouldn’t be challenging that.” JPMorgan CEO Jamie Dimon on

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SEC Summons Binance CEO CZ as Lawsuits Shake Cryptocurrency Industry

June 7, 2023 0

The United States District Court in Washington, D.C., at the request of the Securities and Exchange Commission (SEC), summoned Binance CEO Changpeng Zhao (CZ) on Wednesday. Binance CEO CZ Challenged by SEC Summons as Legal Battles Escalate On Wednesday, several social media accounts shared a summons intended for the CEO of Binance, Changpeng Zhao, also […]