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In recent days, Paolo Ardoino, the CEO of Tether, found himself in the media spotlight following a report from the Wall Street Journal (WSJ) that suggested the firm was under investigation by federal prosecutors in Manhattan. Ardoino’s prompt rebuttal omitted the subtleties of speculation, decisively asserting, “WSJ is regurgitating old noise. Full stop.” His comment
In a significant move towards establishing a structured regulatory environment for digital assets, South Korean authorities have announced plans to initiate regulations governing cross-border crypto transactions by late 2025. This decision, reported by Reuters on October 25, highlights the government’s proactive approach to managing the complexities of digital asset exchange and ensuring that these transactions
In the unfolding drama surrounding FTX, one name stands out amid a cast of executives and legal battles: Nishad Singh. As a former executive of the now-defunct cryptocurrency exchange, Singh finds himself in a unique position following his cooperation with US prosecutors. A recent court filing reveals a narrative of remorse and critical assistance that
The cryptocurrency market is undergoing a significant transformation, marked by a notable dip in Bitcoin’s dominance, which has recently fallen below 50%. Historically, Bitcoin’s market share has acted as a reliable barometer for the prevailing sentiment in the crypto ecosystem. When Bitcoin claims a higher percentage of market capital, it typically indicates a risk-averse atmosphere,
The cryptocurrency market, particularly Bitcoin, is known for its volatility and unpredictability. As traders look to capitalize on price movements, recent developments have sparked conversations around potential bearish trends in Bitcoin’s price. In this analysis, we’ll delve into the latest observations regarding Bitcoin’s price action, particularly focusing on recent resistance levels and the implications of