The co-founder of Binance expressed that the former CEO, CZ, is in a favorable position as he approaches his sentencing.

During a prominent event held in Dubai on April 19, He Yi, one of the co-founders of Binance, took the opportunity to delve into the legal predicament facing Changpeng Zhao, commonly known as CZ. Despite the impending sentencing awaiting CZ in the United States, He Yi conveyed an air of positivity and hope regarding the…

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According to the founder of Telegram, communication devices resembling cryptocurrencies could potentially hinder government surveillance efforts.

Pavel Durov, the mastermind behind the popular encrypted messaging platform Telegram, has articulated his belief in the necessity for heightened security measures in the realm of digital communication, drawing parallels with the innovation witnessed in the realm of cryptocurrency hardware wallets. In a recent interview with Tucker Carlson, Durov shed light on his concerns regarding…

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In the first quarter, the South Korean won surpassed the US dollar in crypto trades, totaling $456 billion.

In a significant turn of events, the South Korean won has emerged as the dominant fiat currency for cryptocurrency trading, surpassing the US dollar in trading volume during the first quarter of 2024. According to a recent research report published by Kaiko, a prominent cryptocurrency market data provider, the South Korean won accounted for an…

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Hold Tight & Buy Smart: Analyst Identifies Top Sectors for Massive Gains

Story Highlights         Crypto analyst VirtualBacon advises calmness and strategic accumulation of assets.       VirtualBacon is optimistic about Bitcoin’s resilience due to its stability above $60,000 and advises against panic selling.       VirtualBacon identifies potential in various sectors including AI, Gaming, and Blockchain In the realm of cryptocurrency, a luminary figure has emerged: VirtualBacon, a seasoned…

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Why Past Bitcoin Halvings May Not Predict Future Prices: Goldman’s Warns

Story Highlights     Goldman Sachs warns against simplistic interpretations of past Bitcoin halving events.     Despite macroeconomic shifts, Bitcoin’s price has surged impressively ahead of the halving.     Analysts remain divided on post-halving outlook, emphasizing medium-term dependency on BTC ETF adoption. As we countdown the ticking clock, the world of cryptocurrency braces itself for a monumental event:…

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A new bill introduced by Senators Lummis and Gillibrand aims to regulate stablecoins.

Senators Cynthia Lummis and Kirsten Gillibrand have teamed up to unveil a new legislative proposal designed to bring stablecoins under regulatory oversight within the United States. This collaborative effort underscores the growing recognition among policymakers of the need to establish clear guidelines and regulations for the burgeoning cryptocurrency market, particularly concerning stablecoins. At its core,…

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By 2027, crypto service providers in Canada are mandated to report transfers and customer data.

In the latest development, crypto firms operating in Canada are poised to encounter heightened disclosure requirements, as outlined in the 2024 federal budget unveiled on Tuesday. The Canadian government has articulated its intention to institute the Crypto-Asset Reporting Framework (CARF), a regulatory framework designed to enhance transparency and accountability within the cryptocurrency sector. Notably, this…

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Bitcoin price forecast amidst a $40 billion trading volume surge: Have whales capitalized on the market dip?

The recent Bitcoin price predictions have become a focal point of discussion within the cryptocurrency community as the digital asset holds steady at $63,900, experiencing a modest uptick of 0.15%. This stability is particularly notable given the fluctuating market conditions prevalent in the cryptocurrency landscape. One significant factor influencing the current market sentiment is the…

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