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California Cracks Down on Crypto Scams

California’s Department of Financial Protection and Innovation (DFPI) shut down 26 websites running cryptocurrency scams, uncovering losses of $4.6 million for consumers. Fighting Crypto Fraud This action is part of a larger effort to fight the rise of crypto fraud in the state. The DFPI used its “Crypto Scam Tracker,” which relies on consumer complaints,…

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Spain’s BBVA Bank Jumps into Crypto

Spain’s second-largest bank, BBVA, is getting into the cryptocurrency game. They’ve received the green light from Spain’s securities regulator to let customers buy, sell, and manage Bitcoin (BTC) and Ethereum (ETH). Crypto Trading on the Banking App This new service will be rolled out gradually through the bank’s existing app. Initially, a small group of…

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Was the Ethereum Foundation’s ETH Really in Danger?

Ethereum (ETH) prices took a dive recently, dropping below $1800. This caused some panic, especially after a report suggested the Ethereum Foundation (EF) might be facing a huge liquidation risk. The Lookonchain Report and the Initial Panic An on-chain analytics service, Lookonchain, noticed a large transaction: a wallet deposited a massive 30,098 ETH (around $56…

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Uncle Sam’s Crypto Stash: A Big Deal or Just Hype?

The US Treasury is getting serious about crypto. Apparently, they’re aiming to boost the value of their Bitcoin, XRP, and other digital assets. The Government’s Crypto Reserve President Trump signed an executive order creating a “Crypto Strategic Reserve,” a government-held stash of cryptocurrencies. This includes big names like Bitcoin (BTC), Ethereum (ETH), XRP, Solana (SOL),…

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Dogecoin’s Recent Dip: Nothing New?

Dogecoin’s price has been rollercoastering lately, with a pretty steep drop. This has worried some investors, but let’s look at the bigger picture. Dogecoin’s History of Dips and Soars This recent 66% drop from its December 2024 high isn’t actually that unusual. Looking back, Dogecoin has done this before! Dip #1 (2022-2023): A 64% drop…

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