The crypto research platform 10x Research recently pointed out that the Bitcoin Relative Strength Index (RSI) has surged to 40%. This surge has sparked discussions among the crypto community about the potential future moves of the flagship cryptocurrency. The analysis provided by 10x Research in their newsletter titled “Fake Dip?” highlights the historical behavior of
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The recent news of Alexander Vinnik, a Russian national and operator of the cryptocurrency exchange BTC-e, pleading guilty to charges of money laundering conspiracy in the US has once again brought to light the issue of illegal activities within the crypto world. Vinnik’s involvement with BTC-e, one of the largest crypto exchanges between 2011 and
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The recent surge in Bitcoin price has left many investors speculating about the future direction of the market. According to on-chain analytics site Santiment, there has been a noticeable shift in investors’ sentiment following the latest price increase. Traders on the Binance platform are reportedly moving from liquidated shorts to long positions, indicating a renewed
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In the first quarter of 2024, Polkadot’s blockchain protocol saw significant progress in terms of market capitalization and revenue. The market capitalization experienced a notable 16% quarter-on-quarter increase, reaching $12.7 billion. This momentum built upon the previous quarter, where Polkadot saw a 111% increase in market capitalization, reaching $8.4 billion. Despite these gains, the current
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Recently, Baroness Stowell of Beeston, a member of the UK’s House of Lords, expressed her concerns regarding the need for stronger regulation and oversight in the UK’s AI market competition. In a letter to the UK Secretary of State, she highlighted the government’s lackluster efforts in modernizing copyright laws to keep up with the advancements