Month: January 2025

KuCoin Faces $300 Million Penalty After Pleading Guilty To US Charges

Cryptocurrency exchange KuCoin has pleaded guilty to operating an unlicensed money transmitting business, as reported by Bloomberg.  KuCoin Agrees To Hefty Fines  The plea was made before US District Judge Andrew Carter in Manhattan, who imposed a substantial penalty on KuCoin. The company agreed to pay nearly $300 million...
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Bitcoin Wobbles Around $100,000: What Is Technical Analysis Saying?

Bitcoin (CRYPTO: BTC) is struggling on Monday but cryptocurrency traders remain unfazed, betting on long-term bullish trends to outweigh short-term concerns. Cryptocurrency Price    24-Hour Trend 7-Day Trend Bitcoin (CRYPTO: BTC)  $101,168 -3.7%  -2.6%  Ethereum (CRYPTO: ETH)  $3,132 -6.0%  -6.5%  XRP (CRYPTO: XRP)  $2.99 -4.5%  -5.6%  Trader Notes: Despite the...
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Starknet announces STRK staking v2 set for Q2

Starknet has announced that the second phase of staking for its native token will go live as early as the second quarter of 2025. After launching the first phase of Starknet (STRK) staking, the team behind the Ethereum layer-2 scaling…...
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Nasdaq’s Bitcoin ETF Shift Could Strengthen BlackRock’s Market Position

Nasdaq has taken a decision on Bitcoin ETFs, particularly aimed at BlackRock’s iShares Bitcoin Trust (NASDAQ:IBIT), that may make existing and potential Bitcoin investors breathe a sigh of relief. On Jan. 24, in an SEC filing, the exchange proposed a rule change, seeking to introduce “in-kind” Bitcoin creation and...
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Could Bitcoin See A Deeper Dip On The DeepSeek AI Shock?

The launch of DeepSeek, a low-cost Chinese large language model, is putting pressure on the markets, sending Bitcoin (CRYPTO: BTC) back below $100,000 on Monday. What Happened: DeepSeek’s launch on Jan. 20 rippled through to global markets on Monday, as the Chinese AI system, developed for just $6 million,...
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