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browncathy7611

@browncathy7611

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On Jan. 10, the UK Treasury amended a financial law to clarify that crypto staking isn’t a collective investment scheme, which is heavily regulated in the country.
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“Polkadot Blockchain Academy’s inaugural course offers a valuable opportunity for MPs to gain firsthand insights into the real-world applications of Web3,” she added.
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US authorities have proposed a plea agreement for Eric Council Jr., the individual who allegedly helped compromise the Securities and Exchange Commission’s X account in January 2024.
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Although TRUMP has shown how high and quickly demand for crypto can surge, Hundal said that the “true value” of Trump’s presidency will depend on the “long-term environment it creates.”
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“No-one wants to hear from the bears right now. Trump 2.0 is already a sugar rush and he hasn’t even started his Presidency yet,” Hundal said. He added:
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Bankman-Fried was later convicted of seven felony counts and sentenced to 25 years in prison, but he has filed an appeal.
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Launched in January 2021, Hexarq is a digital asset service platform focused on cryptocurrencies and tokenized real-world assets (RWA).
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On Dec. 11, Juan Carlos Reyes, president of the National Commission of Digital Assets (NCDA) in El Salvador, announced the signing of a mutual collaboration and training agreement with Roberto Silva, president of Argentina’s National Securities Commission (CNV).
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El Salvador signed a mutual agreement with Argentina to help both countries strengthen their digital asset industries. The Bitcoin-friendly nation is also discussing similar agreements with over 25 other countries.
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The task force will ensure that crypto ATM operators meet minimum standards to negate the risk of illicit finances passing through the machines in the country’s “first step [...] to reduce the criminal use of cryptocurrency in Australia.”
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On the downside, a slide below the 50-day SMA ($202) will indicate that the bears have seized control.
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A break and close above $248 could open the doors for a rally to $264. The bears are expected to defend the $264 level with all their might because a rally above it could propel the pair to $300.
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The 20-day EMA ($230) has flattened out, and the RSI is just above the midpoint, indicating a possible range formation in the near term. The SOL/USDT pair could swing between $210 and $248 for a few days.
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Contrary to this assumption, if the $2.28 support cracks, the pair could fall to the 50% retracement level of $2.09 and later to the 61.8% retracement level of $1.90. A deeper pullback could delay the start of the next leg of the uptrend.
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The first support on the downside is the 38.2% Fibonacci retracement level of $2.28. If the price rebounds off this support, the bulls will make one more attempt to resume the uptrend by pushing the XRP/USDT pair above $2.91. If they can pull it off, the pair could surge toward $3.84.
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This optimistic view will be negated in the near term if the price turns down and breaks below the 20-day EMA ($3,436). Such a move will signal a lack of demand at higher levels. The pair may then slump to the 50-day SMA ($2,991).
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The upsloping moving averages and the RSI near the overbought zone suggest that the path of least resistance is to the upside. The ETH/USDT pair could rise to $4,000 and later to $4,094. Buyers are expected to encounter solid selling at $4,094.
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The advantage will tilt in favor of the bears on a break and close below the triangle. That could start a decline to $90,000 and later to $85,000. If the supports crack, the decline could extend to the 50-day simple moving average ($81,543).
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The upsloping 20-day exponential moving average ($92,992) and the relative strength index (RSI) in the positive zone indicate the bulls have the edge. A break and close above the triangle increases the possibility of a rally above $100,000. The BTC/USDT pair may rise to $113,331 and, after that, to $125,000.
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Bitcoin has formed a symmetrical triangle pattern, indicating indecision between the bulls and the bears.
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