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The U.S. Securities and Exchange Commission (SEC) has set its sights on Uniswap Labs, the company responsible for operating the largest decentralized exchange (DEX) in the world. This recent development has raised concerns within the crypto community, as regulatory scrutiny continues to grow in the DeFi space. Uniswap Labs is now facing a Wells Notice
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The European Securities and Markets Authority (ESMA) recently issued a warning about the high concentration levels in the crypto market. The agency expressed concerns about the potential impact of a single asset or exchange failure on the entire crypto ecosystem. ESMA found that a small number of assets, such as Bitcoin (BTC), Ethereum (ETH), and
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Binance, one of the leading cryptocurrency exchanges in the world, is constantly evolving to meet the demands of the market and improve user experience. Recently, they made significant updates to their loan program, adding 18 new cryptocurrencies to Binance Loans. Among the newly added assets are popular meme coins like dogwifhat (WIF) and Pepe (PEPE),
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As Ethereum’s price continues to fluctuate, it has recently undergone a period of sideways consolidation. This phase came after a decline towards the critical support level of $3K. Interestingly, the cryptocurrency seems to be range-bound between $3K and $3.7K. It appears that volatility may not increase unless Ethereum manages to break out in either direction.
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Shiba Inu (SHIB) has recently experienced a price drop, with the current trading price at around $0.00002734. This represents a 3% decline on a daily scale and a 20% drop on a monthly basis. Despite this negative trend, analysts are predicting a potential bullish rally. One key indicator is the critical resistance levels being tested
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