Breaking: U.S.-China Tensions Heat Up as China Imposes New Sanctions; Bitcoin Falls

Breaking: U.S.-China Tensions Heat Up as China Imposes New Sanctions; Bitcoin Falls

U.S.-China tensions are rising again, with China announcing new sanctions against American companies. Bitcoin has fallen amid this development, as the relations between the two countries were notably one of the market highlights this year. China Imposes Sanctions on 20 U.S. Companies, Bitcoin Falls According to a Bloomberg report, China announced sanctions against 20 U.S. […]

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 Another U.S. Government Shutdown Looming JAN 31? Congress Left Town With No Deal

Another U.S. Government Shutdown Looming JAN 31? Congress Left Town With No Deal

A U.S. government shutdown moved closer after Congress left Washington for the Christmas recess without passing a budget deal  or agreeing on a voting framework. With the January 31 deadline approaching, the lack of progress has increased uncertainty around federal operations. Funding Talks Stall, U.S. Government Shutdown Risk Persists According to a report, Senate leaders […]

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 Brian Armstrong Praises Indian Police for Arresting Ex-Agent in $400M Coinbase Hack

Brian Armstrong Praises Indian Police for Arresting Ex-Agent in $400M Coinbase Hack

Crypto exchange Coinbase Global Inc. has seen a major development in the ongoing investigation surrounding a $400 million security breach. As announced by CEO Brian Armstrong, the Indian Police have arrested a former agent involved in the Coinbase hack. Notably, the arrest follows the Coinbase data breach earlier this year, in which hackers bribed Coinbase’s […]

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 JPMorgan Flags Risky Stablecoin Activity, Freezes Account of Two Firms

JPMorgan Flags Risky Stablecoin Activity, Freezes Account of Two Firms

JPMorgan has frozen accounts linked to two venture-backed stablecoin startups in Venezuela. This is happening against the backdrop of already pending compliance issues in the region. JPMorgan Freezes Accounts Tied to Stablecoin Projects As reported by The Information, the company halted bank account activity that was linked to at least two stablecoin-based startups in areas […]

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 XRP Price Outlook Ahead of US Strategic Crypto Reserve

XRP Price Outlook Ahead of US Strategic Crypto Reserve

XRP price hovered near the $1.80 support level on December 27 ahead of the anticipated US Strategic Crypto Reserve update.  Despite brief recovery attempts, the broader trend remains bearish as XRP struggles to reclaim the $2 resistance zone. The worldwide crypto market slumped 0.78% in the last 24 hours, and the market has been on […]

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 Largest Ethereum Treasury Company Bitmine Enters Staking, Deposits 74,880 ETH

Largest Ethereum Treasury Company Bitmine Enters Staking, Deposits 74,880 ETH

Bitmine Immersion, the largest Ethereum treasury company, is now reassessing its approach, making its first ETH staking move. In an attempt to generate significant yield on its massive Ether holdings, the company has reportedly deposited 74,880 ETH into the Ethereum Proof-of-Stake (PoS) system. Significantly, this strategic move comes on the heels of recent reports that […]

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