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Cryptocurrency
Forecast for XLM Price on January 11
The cryptocurrency market, after experiencing a series of price declines, is showing signs of recovery. Among the digital assets making a comeback is Stellar (XLM), which is regaining its bullish momentum. Over the past three days, XLM faced a significant price drop, losing over 18% of its value and breaching a critical support level of $0.403. However, this setback appears to be temporary as the market’s dynamics shift. XLM Bulls…
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Cryptocurrency
Forecast for XLM Price on January 11
In recent weeks, the cryptocurrency market has shown signs of recovery following a prolonged period of price decline. Among the digital currencies making a notable comeback is Stellar (XLM), which is regaining its bullish momentum. Despite experiencing a steep price dip of over 18% within just three days and breaching its critical support level at $0.403, XLM is now showing signs of recovery. XLM Bulls are Back in Action Today,…
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Cryptocurrency
Senator Cynthia Lummis Set to Head Inaugural Senate Subcommittee on Cryptocurrency?
The Senate Banking Committee is poised to make a groundbreaking announcement about forming its inaugural subcommittee dedicated to digital assets. This development is in line with a recent Fox Business report and marks a pivotal moment in the U.S. legislative approach to cryptocurrency. The timing aligns with the Republican party’s recent Senate majority and precedes the inauguration of President-elect Donald Trump on January 20. With the GOP now holding complete…
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Cryptocurrency
Senator Cynthia Lummis to Head Inaugural Senate Subcommittee on Cryptocurrency?
In a groundbreaking development, the Senate Banking Committee is poised to unveil its inaugural subcommittee dedicated specifically to digital assets. This strategic move follows the recent shift in power as Republicans have taken control of the Senate, setting the stage for President-elect Donald Trump’s inauguration on January 20. With the Republican Party securing both the Senate and the House, the path is clear for a concentrated effort to advance cryptocurrency…
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Cryptocurrency
Report Warns of Potential Liquidation Risk for $36 Million in XRP
In recent days, XRP, the native token of Ripple Labs, has encountered significant market challenges, experiencing a period of instability. According to data from the on-chain analytics firm Coinglass, approximately $35.96 million worth of XRP is at risk of liquidation due to prevailing market sentiments. XRP’s Major Liquidation Levels The XRP exchange liquidation map indicates critical liquidation zones near $2.231 on the downside and $2.36 on the upside at the…
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Cryptocurrency
Report: $36 Million in XRP Faces Potential Liquidation
The cryptocurrency market has been experiencing significant fluctuations, and XRP, the native token of Ripple Labs, is no exception. In recent days, XRP has faced challenges, and data from the on-chain analytics firm Coinglass highlights a looming risk. Currently, $35.96 million worth of XRP could be on the brink of liquidation due to prevailing market sentiments. Let’s delve deeper into the critical aspects influencing XRP’s performance. XRP’s Major Liquidation Levels…
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Cryptocurrency
Cube Entertainment’s CEO in K-pop Faces Allegations of Investor Deception in Cryptocurrency Fraud
Background: Cube Entertainment’s Leap into Cryptocurrency Kong Suan, the CEO of Cube Entertainment, has recently come under scrutiny due to allegations of misleading investors in a cryptocurrency scheme involving a digital token known as “Nestree.” These allegations have sparked significant concern among affected parties, many of whom are contemplating legal action against Kong Suan and Cube Entertainment. Cube Entertainment, widely recognized for managing popular K-pop groups like Pentagon, made its…
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Cryptocurrency
Cube Entertainment’s CEO Faces Allegations of Investor Deception in Cryptocurrency Scheme
Kong Suan, the CEO of Cube Entertainment, is currently under scrutiny due to allegations of misleading investors in a controversial cryptocurrency scheme associated with a digital token known as “Nestree.” These serious accusations have led to growing apprehension among those affected, prompting them to contemplate legal actions. Cube Entertainment’s Foray into Cryptocurrency Cube Entertainment, widely recognized for its management of prominent K-pop groups such as Pentagon, ventured into the cryptocurrency…
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Cryptocurrency
Ripple CTO Opens Up About Legal Challenges and Imposed Silence
Ripple vs. SEC: A Pivotal Legal Battle in the Cryptocurrency World The ongoing legal dispute between Ripple Labs and the U.S. Securities and Exchange Commission (SEC) has captured significant attention, as its outcome holds substantial implications for the broader cryptocurrency landscape. Initiated in December 2020, the lawsuit accuses Ripple and its key figures, CEO Brad Garlinghouse and co-founder Chris Larsen, of generating over $1.3 billion through an unregistered securities offering…
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Cryptocurrency
Ripple’s CTO Discusses Legal Challenges and Imposed Silence
The legal confrontation between Ripple Labs and the U.S. Securities and Exchange Commission (SEC) has become a focal point for the cryptocurrency industry. Initiated in December 2020, the lawsuit accuses Ripple, along with its CEO, Brad Garlinghouse, and co-founder, Chris Larsen, of illegally raising over $1.3 billion through an unregistered securities offering involving the digital currency, XRP. The Stakes of the Ripple vs SEC Lawsuit This high-profile lawsuit has not…
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