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Will Bitcoin Price Fluctuations Settle Soon?

Bitcoin price movement has drawn significant attention from traders over the past month, with many anticipating a recovery. However, the cryptocurrency has struggled to break through the $60,000 resistance zone. Since the start of September, Bitcoin price fluctuations have remained between $55,500 to $58,000. In the past 24 hours, BTC

September 5, 2024 2 mins read

United Texas Bank Slammed with Cease and Desist Order by the US Fed

Crypto firms’ services banks, in other words, crypto-friendly banks are a declining group of financial organizations within the sector. However, they have not been spared from regulatory impediments in the past. Recently, one specific, United Texas Bank caught the attention of the US Federal Reserve. The regulator has stated allegations

September 5, 2024 2 mins read

Trump Family’s DeFi Project to Leverage Stablecoin to Ensure USD Dominance

The upcoming decentralized finance (DeFi) project, World Liberty Financial, endorsed by the Donald Trump family, is focused on adopting the dominance of the dollar-pegged stablecoins to uphold U.S. financial supremacy.  The World Liberty Financial appeared on X with a series of tweets clarifying its DeFi strategy and confirming its collaboration

September 5, 2024 2 mins read

Cardano (ADA) Price Faces Uncertainty Amid Bear Dominance

In the early trading session Wednesday, the price of Bitcoin continued its precipitous decline from Tuesday, falling to a low of $55,555. As a result, Bitcoin and other major cryptocurrencies fell to levels not seen in a month. The worst time for global markets since the crash of August 5

September 5, 2024 1 min read

Solana Finds Support at $124 Level Amid Ongoing Bearish Pressure

In response to claims that the Solana network is not decentralized, Solana Foundation executive director Dan Albert argued during a Korea Blockchain Week (KBW) 2024 panel that the ability to coordinate a patch does not prove that the network is centralized. The capacity to coordinate the correction of a defect,

September 5, 2024 1 min read

Uniswap Labs Fined $175K by US CFTC as Part of Settlement

In a statement made public on September 4th, the Uniswap Labs, a developer of decentralized exchange (DEX), was charged by the US Commodity Futures Trading Commission (CFTC) with the unlawful sale of leveraged cryptocurrency trading to retail investors in the US. As part of the settlement, Uniswap Labs complied with

September 5, 2024 2 mins read