Crypto news
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Cryptocurrency
Impending Cardano (ADA) Decline? Large Holders Offload 70 Million Tokens
In the current climate of market uncertainty, Cardano’s native cryptocurrency, ADA, is exhibiting bearish trends. Recent activities by significant holders, commonly referred to as “whales,” have shown a pattern of substantial sell-offs, contributing to this downward trend. Whales Unload 70 Million ADA Tokens On January 9, 2024, a well-known crypto analyst shared insights on X (formerly known as Twitter) regarding the actions of crypto whales, who have offloaded a staggering…
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Cryptocurrency
Do Kwon’s Trial for Alleged Fraud Scheduled for January 2026
In an important update concerning the cryptocurrency world, the criminal fraud trial of Do Kwon in the United States has been tentatively scheduled for January 2026. This timeline provides ample opportunity for both the prosecution and the defense to meticulously examine the extensive evidence, which includes a substantial six-terabyte trove of data anticipated during the discovery phase. A Closer Look at the Evidence Judge Engelmayer, presiding over the case, emphasized…
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Cryptocurrency
Do Kwon’s Criminal Fraud Trial Scheduled for January 2026
In a significant legal development, the criminal fraud trial of Do Kwon in the United States is tentatively scheduled to commence in January 2026. This timeline provides ample opportunity for both the prosecution and defense teams to meticulously examine the extensive body of evidence anticipated during the discovery phase. The Enormous Scope of Evidence Central to this case is an unprecedented volume of evidence, comprising six terabytes of data. This…
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Cryptocurrency
PEPE Price Forecast for January 9: Whale Offloads 427 Billion Tokens
Pepe (PEPE) Meme Coin Faces Potential Price Decline The Pepe (PEPE) cryptocurrency, known as the third-largest meme coin in the market, is currently under the spotlight for its potential price drop. Recent market movements have signaled a bearish trend, particularly following a significant price crash on January 7, 2024. This development suggests that further declines might be on the horizon. Smart Whale Moves: A Game Changer in PEPE’s Trajectory In…
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Cryptocurrency
PEPE Price Forecast for January 9: Whale Offloads 427 Billion Tokens
Pepe (PEPE) Meme Coin Faces Potential Price Decline The Pepe (PEPE) cryptocurrency, currently ranked as the third-largest meme coin, is showing signs of a significant price downturn. This bearish sentiment follows a notable price crash on January 7, 2024, setting the stage for a potentially deeper decline. Smart Whale Unloads Massive PEPE Holdings Recently, a significant transaction was highlighted by Lookonchain, a blockchain-based transaction tracker. The platform reported that a…
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Cryptocurrency
Portugal’s Leading Bank Halts Fiat Transfers to Crypto Platforms Amid Heightened Regulatory Concerns
Introduction In a significant development within the European financial landscape, Portugal’s Banco de Investimentos Globais (BiG) has made the decision to suspend fiat transfers to cryptocurrency platforms. This move aligns with guidance from the European Central Bank (ECB), focusing on the risks associated with virtual assets. The announcement was communicated to customers via email, highlighting the bank’s new policy. As regulatory scrutiny of cryptocurrency markets intensifies across Europe, including the…
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Cryptocurrency
Portugal’s Leading Bank Halts Fiat Transfers to Crypto Platforms Due to Rising Regulatory Worries
In a significant move aligning with evolving European regulatory frameworks, Portugal’s Banco de Investimentos Globais (BiG) has announced a suspension of fiat transfers to cryptocurrency exchanges. This decision has emerged as a direct response to guidance from the European Central Bank (ECB) concerning the potential risks tied to virtual assets. The bank’s policy change was communicated via an email notification sent to its clientele, underscoring a growing trend of regulatory…
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Cryptocurrency
POPCAT Value Drops Under $0.65, Potential 50% Decline Ahead?
The cryptocurrency market is currently engulfed in a significant downturn, affecting a myriad of digital assets, including Bitcoin (BTC) and Ethereum (ETH). Among the affected cryptocurrencies is Popcat (POPCAT), a well-known Solana-based meme coin, which is experiencing a notable decline in its market trajectory. As the market crash unfolds, POPCAT’s price is anticipated to undergo a considerable drop in the forthcoming period. POPCAT Price Momentum POPCAT’s price has been unable…
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Cryptocurrency
Thailand Plans to Initiate Bitcoin Payment Trial in Phuket by 2025
In a significant leap towards modernizing its tourism sector, Thailand is gearing up to introduce a groundbreaking pilot program in 2025 that will enable tourists to use Bitcoin for transactions in the vibrant island destination of Phuket. This forward-thinking initiative aims to streamline digital payments and offer visitors an alternative, cutting-edge payment method. Pioneering Cryptocurrency Payments in Phuket Phuket, renowned for its stunning beaches and bustling nightlife, will serve as…
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Cryptocurrency
Bears Eye $2400 Following 9% Decline
Ethereum’s price dynamics remain a focal point for investors and traders, particularly as it navigates a critical price channel. Currently, Ethereum maintains a bullish trend, holding above a crucial support zone. However, recent market fluctuations have seen Ethereum’s value decrease by over 9%, with the cryptocurrency trading below the $3,350 mark. This decline highlights the volatility that characterizes the crypto market. Understanding the Price Range Over the past month, Ethereum…
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