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Bitcoin’s Strong Support: $104,000 – $108,000

Bitcoin’s price recently soared past $117,000, fueled by positive comments from Federal Reserve Chairman Jerome Powell. But where’s the safety net if the price dips? Data analysis suggests a key support level. A Solid Support Zone Glassnode, a well-known crypto analytics firm, points to a crucial support zone for Bitcoin between $104,000 and $108,000. Their…

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Ethereum’s Technological Advantage Over Bitcoin

Ethereum is more than just Bitcoin’s little brother; it’s quietly building the foundation for the future of digital finance. This technological edge makes it not just a competitor to Bitcoin, but potentially the leader of the next crypto revolution. Developers Flock to Ethereum Bitcoin’s strength lies in its role as a store of value. However,…

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Crypto Tax Enforcer Jumps Ship After 90 Days

Trish Turner’s quick exit from the IRS’s cryptocurrency team has everyone wondering about the future of crypto tax enforcement in the US. After only three months on the job, she left a 20+ year career at the IRS. What Does Her Resignation Mean? Turner says she’s excited to continue her work “from a new vantage…

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Coinbase’s Biometric Data Lawsuit Paused

A judge in Illinois has hit the pause button on a lawsuit against Coinbase, a major US cryptocurrency exchange. The lawsuit claimed Coinbase broke Illinois’ Biometric Information Privacy Act (BIPA). Waiting for Another Case to Decide The judge agreed to Coinbase’s request to put the case on hold. Coinbase wants to wait for a ruling…

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XRP ETF: Are We Getting Closer?

Several big-name investment firms just resubmitted their applications for a spot XRP ETF in the US. This suggests they’re trying hard to get the SEC’s approval. What’s New in the Applications? On August 22nd, companies like Grayscale, Bitwise, Canary, CoinShares, Franklin Templeton, 21Shares, and WisdomTree all updated their applications (called S-1 filings). Experts think this…

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Celeb Instagram Hack Fuels Memecoin Scam

Hackers Target Music Stars Big news! Hackers hijacked the Instagram accounts of some major music artists – Michael Jackson (RIP), Adele, Tyla, and Future – to push a dodgy Solana-based memecoin called FREEBANDZ. They used a picture of Future holding a giant FREEBANDZ coin to make it look legit. The posts were quickly taken down,…

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Crypto’s Next Big Rally? Powell Hints at Rate Cut

Jerome Powell, the head of the Federal Reserve, recently dropped a hint about a possible interest rate cut in September. This sent shockwaves through the stock and crypto markets, causing prices to jump. What’s Behind the Potential Rate Cut? Powell acknowledged that while inflation is still a concern (slightly above the Fed’s target), the slowing…

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