sophi98brown

@sophi98brown

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In a Jan. 2 statement shared with Cointelegraph, Tether wrote that Hoegner had retired and would be replaced as general counsel by Tether’s current legal counsel.

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In a Bloomberg interview, Wood said that the Federal Trade Commission (FTC) changes could ease regulatory barriers previously imposed that stifled M&As.

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In the filing, Byte Federal said that the bad actor attempted to gain unauthorized access to the personal information of as many as 58,000 customers, including 111 Maine residents.

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“Nakamoto’s writings seem to indicate that the motivation, at least in part, was the libertarian ideal of putting money creation beyond the reach of meddling central bankers.”

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A former risk examiner at the United States Federal Reserve criticized Satoshi for building a poorly designed Bitcoin supply schedule that doesn’t account for the “ebbs and flow” of economic cycles.

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In 2014, The Washington Post interviewed Marc Andreessen, a founder at software-focused venture capital firm a16z, who bullishly predicted that Bitcoin would become as influential as the internet by 2034.

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One of those experts was Nick Colas, a founder at DataTrek Research, who championed Bitcoin’s security, predictable monetary supply and ability to transact across borders in a 2013 interview with Bloomberg.

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There were times, albeit rare, when Bitcoin was seen in a better light. As Bitcoin soared from $12 to around $900 in 2013, more financial experts invited on mainstream media brought a loud and clear message: Bitcoin is “legitimate.”

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Angel’s views are less commonly held in 2024 as transactions on Bitcoin are publicly visible and can be investigated by blockchain forensics firms like Chainalysis and TRM Labs, which work closely with law enforcement to catch criminals.

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Like many others, Angel didn’t like how Bitcoin transactions offer a degree of anonymity, claiming it makes an ideal currency for “tax evaders, drug dealers and terrorists.”

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Many critics couldn’t fathom the idea that Bitcoin could be secure with an off-the-radar pseudonymous creator, including former CNN opinion writer James J. Angel, who strongly believed Satoshi Nakamoto’s unknown identity made Bitcoin a “huge red flag.”

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The former Forbes opinion writer Tim Worstall claimed Bitcoin wasn’t liquid or secure enough to be a medium of exchange or a store of value — a semi-plausible opinion at the time that looks far less plausible now.

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The price collapse was triggered by one trader attempting to sell more Bitcoin than cryptocurrency exchange Mt. Gox could absorb.

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An ascending channel is a chart pattern formed from two upward trend lines drawn above and below a price representing resistance and support levels. It remains bullish as long as the price rises inside the channel.

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ADA’s price action between Nov. 5 and Nov. 27 has recorded a series of higher highs and higher lows on the daily chart. This has led to the formation of an ascending parallel channel chart pattern, as shown below.

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The rising TVL on Cardano indicates heightened user interaction, increasing demand for ADA tokens and positively impacting its price.

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Among the leading projects in Cardano’s DeFi ecosystem, Indigo’s collateralized debt protocol stands out, with its TVL rising by 154% over the last month. The decentralized exchange Minswap has seen its TVL increase by 113% over the last month to $106 million.

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Moreover, the total value locked in DeFil protocols built on Cardano has also expanded significantly, as shown in the figure below.

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The chart below shows that the TVL rose by over 200% from about $199 million on Nov. 5 to an all-time high of approximately $598 million on Nov. 25.

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