The saga surrounding Ryan Salame, a former executive of the notorious FTX cryptocurrency exchange, has taken a dramatic turn as new revelations of deceit and misrepresentation come to light. Salame, who previously entered a guilty plea pertaining to campaign finance and money-transmitting violations, has admitted to lying during his plea hearing, igniting valuable discussions about
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In a significant regulatory move, eToro has announced that it will be halting trading for most digital assets on its platform due to a $1.5 million settlement with the U.S. Securities and Exchange Commission (SEC). This decision follows an investigation initiated in 2020, which uncovered that eToro had been allowing U.S. customers to trade certain
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The recent revelations about a joint investigation into the Securities and Exchange Commission (SEC) have ignited a firestorm of debate about the intersection of politics and regulatory oversight. Lawmakers are scrutinizing the SEC’s hiring practices, alleging potential violations of federal law that could call the impartiality of this crucial regulatory body into question. This inquiry
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Over the past two weeks, Bitcoin has seen a market correction of approximately 11%, leading to volatile price fluctuations. Despite a brief rebound to $58,000, Bitcoin’s price still remains below its all-time high levels. On-chain data from Santiment indicates that wallets holding less than 1 BTC are actively accumulating the cryptocurrency, with their distribution reaching
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The article highlights how Cardano experienced a significant drop of 57% when the Federal Reserve implemented a rate cut back in 2019. This event coincided with a downtrend in the cryptocurrency market, which persisted for several months. The upcoming Federal Reserve meeting raises concerns that history may repeat itself, leading to a potential multi-month decline
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Securing the Physical Crypto Asset Trader (PFAK) license from Indonesia’s Commodity Futures Trading Regulatory Agency (Bappebti) is a significant achievement for Tokocrypto. This not only positions Tokocrypto as the third exchange in Indonesia to receive the PFAK license but also demonstrates the company’s commitment to regulatory compliance. Binance’s full acquisition of Tokocrypto further strengthens the
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Bitcoin (BTC) is finally making a comeback, with recent price spikes signaling a potential start of the long-awaited market bull run. The cryptocurrency has retested the $57,000 level, showing renewed momentum that could ignite a positive price rally, potentially driving more gains for Bitcoin. On Tuesday, September 10, Santiment, a market intelligence platform, disclosed a
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Cryptocurrency scams have been on the rise, with fraudsters using various tactics to manipulate and deceive unsuspecting investors. The Commodity Futures Trading Commission (CFTC) has taken a stand against these scams, joining forces with federal and private organizations to combat the surge in fraudulent activities. The regulator’s campaign aims to educate consumers on how to
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