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Crypto News: 15 Latest Updates

Arthur Hayes Criticizes U.S. Authorities’ Treatment of Binance and CZ

Arthur Hayes, ex-CEO of BitMEX, criticizes the U.S. government’s severe actions against Binance and its founder, Changpeng Zhao. In his Substack post, Hayes highlights the $4.3 billion fine and regulatory scrutiny as signs of bias against cryptocurrency’s potential. He contrasts this with lenient treatment of traditional financial institutions and emphasizes the importance of decentralized control in crypto.

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Binance Sees Over a Billion Dollars Exit After CEO Steps Down; ‘Rebel Satoshi’ Stirs the Cryptocurrency World in the Meantime

Following Changpeng Zhao’s resignation and guilty plea, over $1 billion has been withdrawn from Binance, and its BNB token declined by 6.90%. Zhao faced charges of violating U.S. laws, resulting in a $4.3 billion fine. In his stead, Richard Teng takes over, while the altcoin Rebel Satoshi ($RBLZ) gains attention in the crypto market.

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Crypto analyst remains bullish despite recent pullback

The Crypto Banter channel’s analyst remains optimistic about Bitcoin and altcoins, predicting a surge. He identifies Bitcoin’s key support at $35,000 and potential targets up to $44,000. The analyst also sees opportunities in Ethereum, Filecoin, XRP, and others, expecting significant gains. He advises taking profits during the anticipated rise, despite the current bearish sentiment among some traders.

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Why Binance’s US plea deal could be positive for crypto adoption

Binance’s guilty plea to federal charges and a record $4.3 billion fine signify a major shift, ending its unregulated operations. This move sidelines CEO Changpeng Zhao and introduces strict oversight and likely structural reforms. Experts view this as a positive step for the crypto industry, marking a move towards regulation and potentially paving the way for crypto ETFs.

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Beat Cardano and Solana Gains with GameStop Memes’ 100x Potential

GameStop Memes (GSM) is a newcomer in the crypto space, promising a unique play-to-earn experience and community-driven growth. While established cryptocurrencies like Solana and Cardano offer speed and innovation, GSM offers excitement and adventure. However, potential investors should exercise caution due to the inherent volatility and risks associated with emerging cryptocurrencies. Conduct thorough research and due diligence before considering any investment in GSM or any other cryptocurrency.

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GlobaleCrypto Simplifies Bitcoin Mining with Innovative


GlobaleCrypto offers user-friendly cloud mining contracts, making Bitcoin mining accessible and profitable for both newcomers and experienced crypto enthusiasts. Their use of cutting-edge mining equipment enables most users to mine a Bitcoin within 30 days. With inclusive investment plans starting at $7, GlobaleCrypto aims to democratize BTC mining. Join the BTC mining revolution with their innovative and accessible cloud mining solutions.

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Cryptocurrency News: VC Spectra Climbs to $0.077, Uniswap Sees 20% Increase

VC Spectra (SPCT) has seen a remarkable 862.5% surge in its public presale, rising from $0.008 to $0.077, driven by high investor demand. The project, functioning as a community-driven decentralized hedge fund, offers diverse features, including dividends, profit-sharing, exclusive ICO access, and voting rights for token holders. However, potential investors should carefully research and consider the risks associated with cryptocurrencies before making any investment decisions.

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SEC vs Kraken: What We Know So Far

The U.S. SEC has sued Kraken, accusing the cryptocurrency exchange of unregistered exchange operations and commingling customer funds. Kraken disputes the allegations, emphasizing the need for regulatory clarity. This lawsuit is part of the SEC’s broader efforts to regulate the cryptocurrency industry, potentially affecting how exchanges operate in the U.S. The outcome could impact Kraken’s position and result in financial penalties. It reflects the ongoing regulatory challenges in the crypto sector.

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Ark Invest sells Coinbase shares, buys into Robinhood amid crypto strategy shift

Ark Invest has trimmed its Coinbase holdings by selling $5.3 million worth of stock while simultaneously increasing its investment in Robinhood. This shift is driven by a changing regulatory landscape in the cryptocurrency market. Coinbase’s stock reached a peak of $121.67, prompting Ark to reduce its position. In contrast, despite recent declines, Ark Invest sees potential in Robinhood’s expansion plans in Europe and the UK, leading to increased investment in the company.

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XRP and Dogecoin (DOGE) Holders Benefit from Coin98’s Latest Integration

Coin98, a DeFi platform, has integrated XRP Ledger (XRPL) and Dogecoin into its Super Wallet and Extension, expanding users’ options for managing cryptocurrency assets. XRPL offers access to decentralized applications (dApps), while Dogecoin’s faster transactions enhance the platform’s multichain capabilities. This integration reflects Coin98’s commitment to facilitating cross-chain interactions and providing a user-friendly cryptocurrency ecosystem.

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Fireblocks debuts latest tool to combat crypto counterparty risk

Fireblocks’ new “Off Exchange” product addresses counterparty risks in crypto trading post-FTX collapse. It introduces Collateral Vault Accounts (CVA), on-chain multiparty computation wallets, enabling traders to lock and mirror assets to exchanges. This method enhances asset security and transparency while allowing real-time, on-chain settlement and asset withdrawal to various venues.

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$48,000 By January Forecasts Proven Indicator – Investorempires.com

CryptoCon’s analysis using the Ichimoku Cloud indicator suggests a bullish trend for Bitcoin, predicting a potential rally to $48,000 by early January. Highlighting the indicator’s historical accuracy, the analysis notes previous price movements predicted weeks in advance. A key focus is the Leading Span Cross within Cycle 4 (2023-2026), indicating an upward trajectory for Bitcoin’s value.

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Hong Kong Police Receive 145 Complaints of Hounax Crypto Scam Totaling $18.9M

In Hong Kong, 145 victims have suffered nearly $19 million in losses due to a scam involving the unlicensed crypto exchange Hounax. The Hong Kong Securities and Futures Commission had warned against this platform, which deceitfully claimed legitimate financial backing. Victims, aged 19 to 78, were enticed through social media and messaging apps, promising high returns.

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Bitcoin Price Prediction as Traders Remain Bullish Despite Recent Dips – Here are Key Levels to Watch

Bitcoin (BTC) continues to demonstrate resilience and bullish sentiment, consistently trading above $37,000 amid a calm crypto market. Recent data from Glassnode shows a decline in short-term holders, indicating increased confidence among long-term investors. This trend is supported by record inflows into crypto funds, as reported by CoinShares, and the anticipation of a U.S. Bitcoin ETF.

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Interactive Brokers opens Hong Kong retail crypto trading with OSL

Interactive Brokers has launched cryptocurrency trading for its Hong Kong retail clients in partnership with OSL, a licensed crypto exchange. This service allows trading of Bitcoin and Ether directly through Interactive Brokers’ platform, offering a unified solution for various asset classes including stocks and forex. The move follows the firm’s recent acquisition of a virtual asset trading license in Hong Kong.

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Crypto News: 15 Latest Updates

Crypto Latest: 15 Top News

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