How To Invest in Cryptocurrencies.
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Bitcoin will become “irrelevant”, says the European Central Bank
In the midst of the FTX scandal and its consequences on other companies, the European Central Bank took the opportunity to hit the crypto ecosystem; especially Bitcoin. He assures that he is on the way to irrelevance. That cryptocurrencies are not to the liking of the world’s main financial institutions is not news. The IMF…
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Experts believe that these cryptocurrencies will overcome the bear market and come out stronger
The cryptocurrency bear market is in full swing, with many cryptocurrencies trading well above their all-time highs. Ethereum took a huge hit today and is now down over 75% from its all-time high of just over a year ago of $4,811, down another 3.18% so far on Nov. 28, following the whale news. which moved…
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The FTX Hackers
The hackers who stole over $600 million from FTX continue to mobilize the stolen funds. According to records in the Blockchain, the hackers responsible for the millionaire hack of FTX in November continue to mobilize the assets. The group of hackers who stole more than $600 million from the FTX and FTX USA cryptocurrency exchange…
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BNB remains locked in a price range, but maintaining an interesting bullish intention
The price of the BNB cryptocurrency is in a price range with no clear direction, but there are previous bullish signs that hold. After profiting from the FTX crash, the BNB cryptocurrency moved back into a previous price range, invalidating what looked like a bullish continuation. Now, the short-term situation is not entirely clear; however,…
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The US Congress will hear from FTX on December 13
The US House Committee on Financial Services has set a date for a hearing on the FTX collapse. The meeting will take place on December 13 of this year. Following the fall of FTX, the urgent need for legislation has never been greater. @FSCDems anticipated this need & have already been working for several months…
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«The Wolf of Wall Street» Jordan Belfort Lost $300,000 in Crypto on MetaMask
Legendary broker fell victim to crypto hackersBut he learned to use cold wallets. Legendary broker Jordan Belfort is called the “Wolf of Wall Street.” After all, he became the prototype of the famous movie and, in general, became famous for his commercial talent. But even such a professional was not spared from crypto-hackers. In a…
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BlockFi in Chapter 11, Bitfront raises the white flag and shuts down
The cryptocurrency sector counts victims. Unsurprisingly, lender BlockFi also filed for Chapter 11 bankruptcy. The New Jersey-based company had halted withdrawals for more than two weeks and everyone was waiting only for the official news of the breach. Now, to get their money back, creditors will have to wait for the bankruptcy process, though hopes…
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New York mayor seeks “meeting place” with regulators
Despite the ban on PoW crypto mining, the mayor of New York wants to turn the city into a cryptocurrency epicenter. New York City Mayor Eric Adams is still focused on making New York a cryptocurrency epicenter. However, Adams believes that goal could be combined with state efforts to reduce the environmental costs associated with…
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Mark Mobius: Bitcoin below $10,000
In the dangerous cryptocurrency market, Mark Mobius sees the Bitcoin price target at $10,000. We explain his position! Mark Mobius sees Bitcoin drop to $10,000! Legendary emerging markets investor and promoter Joseph Bernhard Mark Mobius, 86, is critical of cryptocurrencies. He recently made it known during an interview on Bloomberg, predicting Bitcoin (BTC) falls to…
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BlockFi bankruptcy
BlockFi, another crypto firm filing for bankruptcy after the FTX disaster
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