The conversation surrounding the regulatory framework for Bitcoin and other digital assets continues to build momentum. In a recent appearance on “Mornings with Maria,” Cantor Fitzgerald CEO Howard Lutnick urged regulators to recognize Bitcoin as a commodity, akin to gold and oil. This classification could open the door for a more coherent and supportive regulatory
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Samuel Edyme, fondly referred to as HIM-buktu, stands out in the increasingly crowded world of Web3 and cryptocurrency journalism. With his multifaceted capabilities as a content writer and journalist, he has made a significant mark, contributing to prominent platforms like AMBCrypto, Blockchain.News, and Blockchain Reporter. His compelling storytelling and astute analysis cater to both seasoned
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In a significant move to fortify its position as a global financial hub, Hong Kong’s financial regulators have laid out an ambitious plan aimed at aligning its over-the-counter (OTC) derivatives reporting framework with international standards, including those applicable to cryptocurrency derivatives. The joint announcement from the Hong Kong Monetary Authority (HKMA) and the Securities and
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Bitcoin has recently experienced a significant surge, breaking through the once-elusive $64,000 mark. This pivotal threshold, coupled with its crossing above the 200-day moving average, indicates a bullish phase for the cryptocurrency. Such technical indicators are essential for traders; they often signal potential future movements based on past performance. The recent rise in the Relative
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As we dissect the latest developments in the cryptocurrency market, a noteworthy regain of bullish sentiment toward Bitcoin has emerged, especially following its recent surge in price. Analysts from 10xResearch, who previously forecasted the cryptocurrency’s ascent to unprecedented heights, have once again expressed fervent optimism regarding Bitcoin’s trajectory. This shift can be attributed to several
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In the realm of cryptocurrencies, Ethereum’s recent performance has captured the attention of traders and analysts alike. Unlike its consistently correlated counterpart, Bitcoin, which often dictates the market trends, Ethereum is currently exhibiting a notable price increase. Over the past week, Ethereum has posted a remarkable 13% rise, while Bitcoin lagged behind with a modest
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Ronaldo’s journey into the world of cryptocurrencies is not just a mere passing phase; it’s a comprehensive saga of curiosity evolving into deep commitment. His trajectory into this innovative sphere began over five years ago, characterized by a relentless pursuit of knowledge that has shaped his understanding of a complex industry. What started as a
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