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Cardano’s ADA token is currently exhibiting a range-bound behavior, as observed by a well-known YouTube crypto analyst. This analysis suggests that ADA has been trading within specific support and resistance levels, forming a distinctive triangle pattern on its price chart. While the pattern’s qualification as an Elliott Wave triangle remains uncertain, the analyst anticipates an
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A recent analysis conducted by crypto expert CryptoCon suggests a bullish outlook for Bitcoin, with a potential rally to $48,000 by early January. The analysis focuses on the Ichimoku Cloud indicator, which has a history of signaling previous price movements with considerable accuracy. The Weekly Ichimoku Cloud has been especially reliable, accurately predicting the rise
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The Spanish Tax Administration Agency, Agencia Tributaria, has announced new regulations that will require Spanish citizens to disclose their cryptocurrency holdings for tax purposes. Starting in January of next year, individuals and businesses will need to report any crypto assets held on non-Spanish platforms that exceed 50,000 euros (about $55,000). This move aligns with the
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Bitcoin has been on an upward trajectory, with its recent surge to new yearly highs resulting in a substantial number of investors seeing positive returns on their investments. According to the Bitfinex Alpha report, over 83% of the total Bitcoin supply is currently held at a profit. This figure marks the highest percentage of profit
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In the rapidly growing world of Non-Fungible Tokens (NFTs), the need for secure and efficient storage solutions is becoming increasingly important. Akord, built on the Arweave blockchain, addresses these concerns by offering permanent and decentralized storage for NFT assets. This article delves into the unique features and advantages of Akord, highlighting its user-friendly interface, accessibility,
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The recent blog post by Ethereum founder Vitalik Buterin, titled “My techno-optimism,” has sparked intense debates within the AI and blockchain community. Buterin’s concerns about the potential threats posed by artificial intelligence (AI) to humanity have garnered mixed reactions from various stakeholders. This article delves into the contrasting viewpoints surrounding the topic, highlighting the passionate
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In the recent months, the decentralized exchange (DEX) market has witnessed a surge in explosive token movements. Numerous tokens, including popular ones like APX, SAMBO Bot, Baby Meme, TIME, ROCKY, and IO, have garnered significant attention due to their moon-shot gains. However, amidst this trend, an unexpected token named ‘10000x’ has taken the market by
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