Coinbase Weekly Report Signals Easing Pressure on Bitcoin as Macro Factors Take Center Stage

In its latest weekly market report, Coinbase has signaled a potential easing of the downward pressure on Bitcoin and the broader cryptocurrency market, indicating the emergence of a more favorable trading environment. Analysts highlight the reduction of several technical factors that have previously impacted cryptocurrency performance. A pivotal development contributing to the alleviation of downward…

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Legal Tussle Unfolds: Creditors Challenge FTX’s Payout Plans, Claiming Ownership of Deposits in Cryptocurrency Bankruptcy

A group of creditors from the bankrupt FTX cryptocurrency exchange has filed an adversary lawsuit challenging the proposed payout plans, asserting that their deposits should be considered their property rather than belonging to FTX. The defunct exchange’s plan suggests repaying creditors based on November 2022 prices of digital assets, which are notably lower than their…

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Legal Tussle Unfolds: Creditors Challenge FTX’s Payout Plans, Claiming Ownership of Deposits in Cryptocurrency Bankruptcy

A group of creditors from the bankrupt FTX cryptocurrency exchange has filed an adversary lawsuit challenging the proposed payout plans, asserting that their deposits should be considered their property rather than belonging to FTX. The defunct exchange’s plan suggests repaying creditors based on November 2022 prices of digital assets, which are notably lower than their…

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India is poised to utilize technology in tackling concerns regarding the privacy of Central Bank Digital Currency (CBDC).

India’s Reserve Bank is proceeding cautiously with the development of its digital rupee, as per a senior official familiar with the central bank’s digital currency pilot initiatives. While there is noticeable advancement, the RBI is actively investigating technological measures to address privacy issues associated with the digital rupee. India is taking steps to tackle privacy…

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Cardano Achieves Four Million Transactions Within a Span of Two Months

contents Expansion of the ecosystem and technological advancements Development of infrastructure and governance Over the last two months, the Cardano blockchain has recorded a notable milestone of four million transactions. This surge in transactions reflects the growing activity and interest surrounding the expanding network. Advancements in technology and the expansion of the ecosystem Recent data…

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Significant Moves: Cryptocurrency Whales Execute Noteworthy Transactions Across Altcoins

In recent times, the crypto market has witnessed notable activities from several significant cryptocurrency whales, drawing the attention of on-chain analysts. One prominent whale with the short address 0xbe8 has made a substantial move by withdrawing 2.6 million MATIC from Coinbase Prime, amounting to a value of $2.11 million. Remarkably, this is the first instance…

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Santiment analysts sound the FOMO alarm for three altcoins, cautioning that they could experience elevated volatility in the coming days.

According to analysts from the cryptocurrency analysis firm, there’s a FOMO alert concerning three distinct altcoins, indicating a potential rise in price volatility. In their statement, analysts from cryptocurrency analysis firm Santiment raised a FOMO alarm regarding certain altcoins. According to the company’s analysis, Chainlink (LINK) has surged by 34%, Immutable X (IMX) by 23%,…

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Shiba Inu’s Burn Rate Surge and Bullish Signals: What Lies Ahead for the Meme Coin?

As Shiba Inu maintains its position as one of the leading meme coins in terms of market value, a positive signal is emerging within the SHIB network. According to prominent market analyst Ali Martinez, there could be an impending uptrend for Shiba Inu, signaled by a buy signal from the TD Sequential indicator. Martinez added,…

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Analyst Explains Shiba Inu’s Potential for a Significant Price Upswing to $0.010 Following the Burn of 10 Billion SHIB Tokens in January

Following the January burn of 10 billion SHIB tokens, an analyst elaborates on why Shiba Inu is poised for a substantial price upswing to $0.010. The analyst added, “Keep an eye out, as SHIB could climb to $0.010 or potentially even reach $0.011.” If this forecast materializes, Shiba Inu could potentially undergo a price surge exceeding…

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