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He also said that many of the local population are classified as digitally native, meaning they are comfortable with technology and Web3. “The curiosity of the younger generation will lead to a rework of how markets across the region operate,” Mullin told Cointelegraph.
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The reported SEC plan comes amid a slew of changes in the country’s regulators and government departments since the presidential inauguration of Donald Trump, who wants to cut federal spending by gutting government staff and resources with the help of the Elon Musk-led Department of Government Efficiency, or DOGE.
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Cointelegraph reached out to the SEC for comment but did not receive an immediate response.
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A new audited proof-of-reserve report will be published very soon to show Bybit’s client assets are back at a 1:1 ratio through a Merkle tree, Zhou said in a Feb. 24 X post.
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Bybit CEO Ben Zhou says his cryptocurrency exchange has fully replaced the $1.4 billion worth of Ether that was hacked on Feb. 21.
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A potential correction below $2,600 would trigger over $500 million worth of leveraged short liquidations across all exchanges, CoinGlass data shows.
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Tokens tied to artificial intelligence agents are poised to soar in value to a total market capitalization of as much as $60 billion in 2025, Gracy Chen, CEO of cryptocurrency exchange Bitget, told Cointelegraph.
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During an exclusive interview with Cointelegraph at the Emergence Prague 2024 event, Vitali Dervoed, co-founder and CEO of Composability Labs, said:
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Asset manager VanEck estimates Ether’s spot price will reach $6,000 by the fourth quarter of 2025.
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Earlier this month, Alex Krüger, economist and founder of macro digital assets advisory firm Asgard Markets, said the election result made him believe that “Bitcoin is highly likely in a supercycle.”
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Bitcoin advocates on Trump’s team have solid ground to push Lummis’ bill as Republicans dominate Congress and have a slim majority in the Senate. However, just a few Republican defectors, swayed by progressive outrage over supposedly handing the government’s wealth to Bitcoiners, could derail the bill.
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The representative declined to comment about USDT volumes on the affected platforms in Europe.
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As noted by trader Jelle this week, funding rates across exchanges remain at manageable levels despite price trading near all-time highs
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Previously, Edwards suggested that Bitcoin should copy gold after its own breakout through key resistance this year.
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“The real FOMO begins above $100K. Once the epic sell wall falls, we enter a supply vacuum with a new retail-driven infinite bid. Do the math,” he wrote.
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Edwards continued that breaking the $100,000 mark would inject a new wave of parabolic behavior into the price.
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“Every cycle we get 4-7 months of insane Bitcoin price discovery returns. We have just had our 1st in November!” he said over the weekend.
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For Charles Edwards, founder of quantitative Bitcoin and digital asset fund Capriole Investments, it should soon redress the balance.
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Data from monitoring resource CoinGlass showed that at 37%, November’s upside does not even compete with Bitcoin’s most successful 11th months of the year.
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The candle stands out on the monthly chart as something unprecedented, yet in percentage terms, it is nothing out of the ordinary.
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