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Bitcoin Experiences Market Fluctuations Amid Profit Taking and Market Activity

August 27, 2024

Bitcoin (BTC) has recently experienced significant market fluctuations, with several key developments influencing its price action. Initially, Bitcoin slipped below the $63,000 mark due to profit-taking activities following a weekend …

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French Prosecutors Charge Telegram CEO Pavel Durov with Complicity in Child Exploitation and Drug Trafficking

August 27, 2024

French authorities have recently revealed a series of serious charges against Telegram founder and CEO Pavel Durov. These charges were brought to light following his arrest on August 24 at …

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Controversy Surrounds Polymarket Bets on RFK Jr.'s Status

August 27, 2024

The prediction market Polymarket has found itself at the center of a heated debate pertaining to the status of Robert F. Kennedy Jr. (RFK Jr.) and whether he has officially …

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PYUSD Achieves $1 Billion Milestone with Dominance on Solana

August 27, 2024

PayPal's stablecoin, PYUSD, has marked a significant milestone by surpassing $1 billion in market capitalization as reported by CoinGecko data. On a social media post, PYUSD's issuance by Paxos was …

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Abra Settles with SEC Over Unregistered Securities Sales

August 27, 2024

The US Securities and Exchange Commission (SEC) has filed settled charges against crypto lending firm Abra for failing to register its crypto asset lending product, Abra Earn.Additionally, the regulator also …

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Vitalik Faces Backlash For Downplaying DeFi's Role In Ethereum's Growth

August 26, 2024

Ethereum co-founder Vitalik Buterin has come under fire from the crypto community for his recent comments on decentralized finance (DeFi). In an August 25 post on X, Buterin expressed skepticism …

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Bitcoin ETFs Experience Significant Inflows as Fed Hints at Rate Cuts

August 26, 2024

In a monumental shift for the crypto market, Bitcoin exchange-traded funds (ETFs) saw a substantial influx of capital last week, marking the highest weekly inflows in over a month. According …

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Telegram Founder Pavel Durov Arrested in France, TON Price Drops

August 25, 2024

Pavel Durov, the 39-year-old founder and CEO of the encrypted messaging app Telegram, was arrested around 8 PM on Saturday at Le Bourget airport in France. Durov, a French-Russian national, …

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Bitcoin Price Climbs Above $64,000 With Key Resistance Levels In Sight

August 24, 2024

The Bitcoin price performance has seen an uninspiring trend for much of the past week, mirroring the broader cryptocurrency market climate. However, Bitcoin ended the week on a high note …

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Fed Chair Jerome Powell Hints at Imminent Policy Adjustment

August 24, 2024

In a significant update for the financial and cryptocurrency markets, Federal Reserve Chair Jerome Powell has indicated that the long-anticipated interest rate cut may soon be realized. Speaking on Friday, …

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