Crypto news
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Cryptocurrency
XLM Price Forecast for January 4
In the dynamic world of cryptocurrencies, XLM, the native token of the Stellar network, has captured significant attention. The token has witnessed an extraordinary 40% increase within just three days in January 2025. This impressive rally has piqued the interest of both seasoned investors and crypto enthusiasts, prompting a deeper look into the factors driving this surge. Is Profit Booking Hitting XLM? Despite the recent surge, there are growing concerns…
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Cryptocurrency
XLM Price Forecast for January 4
XLM, the native cryptocurrency of the Stellar blockchain, has captured the spotlight with a remarkable 40% surge in its value during the early days of January 2025. This notable price increase over such a brief period has piqued the interest of major investors and traders within the cryptocurrency sector. Is Profit Booking Driving XLM’s Market Activity? Despite the bullish trend, there are growing concerns over potential profit-taking behaviors. According to…
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Cryptocurrency
Solana (SOL) Poised for 22% Surge, Yet Worries of Sell-Off Persist
Solana (SOL), recognized as the fifth-largest cryptocurrency by market cap, has recently captured the attention of investors and traders with its noticeable upward momentum. This promising trend emerged after SOL successfully broke through one of its formidable resistance levels. This positive shift follows a substantial price drop of 33% that occurred in the final month of 2024. Let’s delve deeper into Solana’s current market dynamics and what lies ahead for…
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Cryptocurrency
Solana (SOL) Poised for 22% Surge Amid Lingering Sell-Off Worries
Solana (SOL), currently ranked as the fifth-largest cryptocurrency by market capitalization, is demonstrating a strong potential for continued upward momentum. This positive trend follows a significant price decline of 33% in the last month of 2024. Let’s dive deeper into the price analysis and the potential future movements of SOL. Solana (SOL) Price Analysis and Key Levels to Watch As of January 3, 2024, Solana has witnessed a notable price…
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Cryptocurrency
Coinbase Secures Complete FDIC Documents on Operation Chokepoint 2.0
In a significant breakthrough, Coinbase Global Inc. has obtained the unredacted files from the Federal Deposit Insurance Commission (FDIC) amidst its ongoing investigation into the Operation Chokepoint 2.0 agenda. This development marks a critical juncture in understanding the regulatory landscape surrounding cryptocurrency activities in the United States. FDIC’s Compliance and Court Intervention Paul Grewal, CEO of Coinbase, recently took to social media platform X to announce the release of these…
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Cryptocurrency
Coinbase Secures Full Access to FDIC Documents on Operation Chokepoint 2.0
In a significant development for the cryptocurrency industry, Coinbase Global Inc has successfully acquired unredacted files from the Federal Deposits Insurance Commission (FDIC). This marks a pivotal moment in the company’s ongoing investigation into its involvement in the Operation Chokepoint 2.0 agenda. Background of the Case Paul Grewal, the CEO of Coinbase, recently shared insights on this matter through a social media post. He revealed that it required a court…
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Cryptocurrency
Exploring the Fate of Non-Fraud Cases Under the New SEC Chair: Insights from Amanda Tuminelli
In a recent episode of the Thinking Crypto podcast, Amanda Tuminelli, who serves as the Chief Legal Officer at the DeFi Education Fund, shared her insights on the IRS and the Treasury’s recent rulemaking concerning digital asset transactions. On December 27th, the IRS finalized a tax reporting rule impacting participants in the DeFi industry. This rule has sparked controversy as it broadens the definition of a broker beyond its statutory…
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Cryptocurrency
Exploring the Fate of Non-Fraud Cases with the New SEC Chair: Insights from Amanda Tuminelli
Understanding the Recent IRS Regulations In a recent episode of the Thinking Crypto podcast, Amanda Tuminelli, Chief Legal Officer at the DeFi Education Fund, delved into the nuances of the IRS and Treasury’s latest regulations on digital asset transactions. The IRS has put forth a tax reporting rule relevant to participants in the decentralized finance (DeFi) industry. This rule, finalized on December 27th, has stirred controversy due to its broad…
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Cryptocurrency
Essential Insights You Should Have
In a recent move to protect its users, Binance has temporarily suspended deposits for TROY (BSC) as of January 2, 2025. This suspension comes amid concerns about a potential security issue linked to the token’s BEP20 contract on the Binance Smart Chain (BSC). The decision aims to mitigate risks and ensure the safety of users engaging with the token on the BSC network. The announcement has had a significant impact…
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Cryptocurrency
Essential Insights You Should Have
Binance, one of the leading cryptocurrency exchanges, has taken the precautionary step of suspending deposits for TROY (BSC) amid potential security vulnerabilities associated with the token’s BEP20 contract. This action, announced on January 2, 2025, aims to shield users from any risks linked to the TROY token on the Binance Smart Chain (BSC) network. The announcement resulted in a significant market reaction, with TROY’s value plummeting by 40% to a…
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