Crypto

Recently, ITC Crypto founder and CEO Benjamin Cowen pointed out a wedge chart pattern in the current market cycle for Ethereum that resembles patterns from previous cycles. This pattern, although larger in scale, is showing similarities to the structure observed after an interest rate cut in 2019. Additionally, MN Consultancy founder Michaël van de Poppe
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Bitcoin (BTC) recently faced significant price weaknesses over the weekend after the release of the August nonfarm payrolls (NFP) data, which did not meet analysts’ expectations. The cryptocurrency saw a sharp decline of nearly 5%, dropping below the $54,000 range, marking its lowest level since early August. In response to the price volatility, the crypto
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The United States Federal Bureau of Investigation (FBI) has recently issued a warning about aggressive attacks from North Korean hackers targeting the cryptocurrency industry and companies associated with digital asset investment products. These attacks are not your run-of-the-mill cyber threats; they are highly sophisticated social engineering tactics that have even fooled individuals well-versed in cybersecurity
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Over the past two years, Ethereum has experienced a significant decline in performance relative to Bitcoin. What was once considered ultra-sound money has now fallen into the undervaluation territory, as indicated by its current state of underperformance. This decline can be attributed to various factors, including inflationary supply dynamics and weaker network activity compared to
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The recent cease-and-desist order issued by the U.S. Federal Reserve against United Texas Bank (UTB) sheds light on significant deficiencies in the institution’s governance and compliance practices. Particularly troubling were the shortcomings in adhering to anti-money laundering (AML) laws and risk management related to virtual currency customers and foreign correspondent banking. This lack of oversight
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