The debate surrounding the 2024 price trajectory of Bitcoin continues to divide analysts. Cryptoyoddha, a prominent crypto analyst, presents an optimistic view of a bullish future for the digital currency. Drawing on a historical chart that tracks Bitcoin’s cyclical price movements, Cryptoyoddha argues that each cycle follows a pattern of accumulation followed by a parabolic
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The recent EU anti-money laundering regulations (AMLR) have stirred up a contentious debate regarding the balance between combating financial crime and upholding citizens’ rights to privacy and economic freedom. Stakeholders from various sectors have expressed both criticism and support for the new laws, which were approved by most of the EU Parliament’s lead committees. The
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Following the Bitcoin halving event in April, Marathon Digital Holdings CEO, Fred Thiel, highlighted the financial strain that smaller miners in the industry are likely to face. Thiel pointed out that the existing disparities in access to capital and equipment financing between smaller and larger miners will become more pronounced post-halving. Thiel emphasized that the
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The current price of Ethereum is showing signs of attempting a fresh increase wave above the $3,400 zone. The price has managed to stay above the $3,250 support zone, indicating a potential bullish trend in the near term. Additionally, Ethereum is trading above $3,400 and the 100-hourly Simple Moving Average, which could point to a
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Bitcoin price is once again trying to break above the $68,000 resistance zone, showing signs of a potential rally if it surpasses the $67,500 and $68,000 levels in the short term. The recent price action has seen BTC starting a decent increase above the $65,000 zone, but it is now trading below $65,000 and the
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The ongoing disputes between the Russian Ministry of Finance and the nation’s Central Bank regarding crypto regulation have been a major point of contention. While the Ministry of Finance seeks to regulate and tax crypto exchanges and traders, the Central Bank has advocated for a ban on all crypto-related activities. This clash has stalled progress
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