Despite recent days of stagnation, the XRP price has displayed strong bullish tendencies in the past. In fact, an analysis of the XRP/USD trading pair’s 1-month chart reveals an extremely rare occurrence in the form of three consecutive monthly green candles. This phenomenon has only been documented twice in the history of the cryptocurrency, making
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Hong Kong, a city renowned for its dynamic financial landscape, is exploring the possibility of implementing revolutionary changes to its approach to digital assets. In a recent letter, Mr. Chen Zhihua, President of the Hong Kong Securities and Futures Association, proposed the introduction of an “Initial Coin Offering (ICO) mechanism” in Hong Kong. This suggestion
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In an effort to strengthen India’s foundation in the Web3 space, the decentralized network Algorand (ALGO) has formed partnerships with several key players in the country. These strategic collaborations aim to enhance the Web3 ecosystem, promote financial inclusion, and support women entrepreneurs. With a focus on education and innovation, Algorand is working towards building real-world
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Cryptocurrency and artificial intelligence are two rapidly evolving technologies that have the potential to revolutionize various industries. One exciting application of AI in the crypto space is smart contract auditing and cybersecurity. By using AI, it becomes possible to identify vulnerabilities and ensure the security of smart contracts, which are the backbone of many blockchain
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The Philippines Securities and Exchange Commission (SEC) recently issued a cautionary advisory shedding light on Binance’s operations within the country. In the announcement made on November 28th, the regulator expressed concerns, stating, “Binance is not registered as a corporation in the Philippines and operates without the necessary license and/or authority.” While the SEC acknowledged Binance’s
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Coinbase, one of the leading cryptocurrency exchanges worldwide, has recently come under scrutiny due to a subpoena from the US Commodities Futures Trading Commission (CFTC). Users of Coinbase have reported receiving emails informing them that their customer information may be shared with the CFTC as a result of this legal order. The investigation is said
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In the cryptocurrency market, TIA price has been on the rise after the Celestia airdrop, leaving some investors wondering if it is too late to buy into the project. However, there are several concerns surrounding Celestia’s tokenomics and unique selling proposition (USP). First and foremost, the tokenomics of Celestia are considered to be among the
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Legendary trader John Bollinger has expressed concerns over the underperformance of Litecoin compared to Bitcoin. Bollinger, renowned for developing the popular technical analysis tool called Bollinger Bands, has observed a worrying pattern in the Litecoin market. When asked for an analysis of LTCBTC, Bollinger highlighted the disparity between the two cryptocurrencies, emphasizing Litecoin’s struggle to
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