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As the cryptocurrency market develops, we find ourselves confronting a tangled web of dynamics far more intricate than those of previous cycles. Currently, Bitcoin’s dominance hovers at an uncomfortable 63.2%, just below a critical resistance level that has historically signposted significant reversals. What does this mean for investors navigating this turbulent market? The reality is
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Ethereum, a crypto powerhouse, has witnessed a steep decline, plunging over 21% since it dropped below the enchanting yet psychologically crucial $2,000 threshold. This downturn is alarming, particularly as Ethereum often serves as a beacon for the cryptocurrency market. The question looms large: what’s lurking beneath the surface? Despite its strong on-chain fundamentals and widespread
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The announcement from Vietnam’s Ministry of Finance about establishing a pilot crypto trading platform is a landmark decision that could redefine the nation’s economic landscape. With assistance from Bybit, a significant player in the global cryptocurrency exchange arena, the initiative is poised to tackle the risks associated with unregulated crypto transactions. Finance Minister Ho Duc
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The recent developments surrounding the U.S. Department of Justice (DOJ) in relation to the compensation of victims affected by digital asset fraud highlight a significant flaw in the American financial recovery framework. As investors continue to lament the losses incurred during catastrophic collapses within the crypto sphere—FTX, Celsius, and others—the DOJ’s initiative to reevaluate how
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