South Korean Crypto Exchanges Hit Record-Breaking $34 Billion Volume Following Market Shakeout
Yesterday, the South Korean crypto market suffered a violent drop after an emergency martial law was declared. This caused a massive sell-off that sent the price of most cryptocurrencies to monthly lows. After the turmoil, local exchanges saw a record-breaking daily trading volume for the second consecutive day, nearly...
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Coinbase Targets Southeast Asia Crypto Expansion By Supporting Development Of Baht, Peso Stablecoins: ‘Literally The Same Money But Just Faster’
Coinbase Global Inc. (NASDAQ:COIN) is advancing its Southeast Asian expansion through stablecoin initiatives in Thailand and the Philippines, as cryptocurrency markets reach new heights amid expectations of a more crypto-friendly U.S. administration. What Happened: Jesse Pollak, founder of Base and head of Coinbase Wallet, emphasized the strategic importance of...
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Dogecoin Follows Bitcoin’s $100K Flourish With 9% Rally As Bullish Predictions Rise, But Here’s What You Should Know
Dogecoin (CRYPTO: DOGE) rallied sharply Wednesday night following cryptocurrency market bellwether Bitcoin’s (CRYPTO: BTC) climb to $100,000. What happened: The multi-billion dollar-valued meme coin spiked over 9% in the last 24 hours to hit 45 cents, accompanied by an 18% uptick in its trading volume. The dog-themed coin reacted...
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Bitcoin is ‘memetic’ and won’t stay down around $100K for long: Analyst
A crypto analyst predicts that Bitcoin won’t linger long around the $100,000 level now that the “psychological” barrier has been broken, as the moment will gain widespread attention....
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Crypto Ponzi Scheme Exposed: IcomTech Leaders Sentenced to Decade Behind Bars
Two central figures behind the cryptocurrency Ponzi scheme known as IcomTech have been sentenced to substantial prison terms, according to a recent press release by the US DoJ. The scheme defrauded thousands of investors out of millions of dollars, leaving financial devastation in its wake. The sentencing marks a...
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Hawk Tuah memecoin dumps 90% amid backlash over controversial launch
Haliey Welch’s memecoin “HAWK” has plunged 90% since launch, though Welch has denied any insider sales from herself or her team....
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BIT Mining saw 3X profits mining DOGE, LTC instead of just Bitcoin
BIT Mining attributed its widened profit margins from DOGE and LTC to specialized LD3 mining machines it acquired from Bee Computing in 2021....
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Donald Trump Considers Crypto Enthusiasts For Top CFTC Position
President-elect Donald Trump is reportedly considering appointing prominent figures with pro-crypto stances to lead the Commodity Futures Trading Commission (CFTC), an agency poised to play a pivotal role for the digital assets industry. This move aligns with Trump’s campaign promises to transform the United States into the “crypto capital...
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Happy Bitcoin $100K Day: Here’s How Nayib Bukele, Brian Armstrong, And Peter Schiff Reacted To The Historic Milestone
Bitcoin (CRYPTO: BTC), some sixteen years after its inception as a lesser-known decentralized digital money, is now worth over $100,000. Yes, you heard it right! What happened: The world’s largest digital asset breached the historic frontier, Wednesday night, after tantalizing the cryptocurrency community for the past ten days at...
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Michael Saylor’s Bitcoin Strategy Drives MicroStrategy’s 490% Surge, Hedge Fund CIO Says It’s An ‘Extreme Example’ Of Volatility Monetization
MicroStrategy Inc. (NASDAQ:MSTR) is attracting hedge fund interest through its convertible notes offerings, as co-founder Michael Saylor continues his aggressive Bitcoin (CRYPTO: BTC) purchase strategy that has driven the company’s stock up more than 490% this year, as of Wednesday. What Happened: Calamos Advisors LLC, among other major hedge...
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