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In July 2024, WazirX, one of India’s leading cryptocurrency exchanges, found itself at the center of a significant cybersecurity incident, when hackers successfully stole $235 million. This breach not only raised alarms within the realm of cryptocurrency but also highlighted the vulnerabilities that centralized exchanges face in ensuring the safety of users’ assets. The breach,
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Recently, Ethereum (ETH) has experienced a significant price increase, hitting $2,800 for the first time in three months. This rally has succeeded in attracting attention from analysts and investors alike, as many are keen to interpret the underlying signals that could determine the cryptocurrency’s trajectory. Though Ethereum has lagged behind Bitcoin, which has seen over
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Meet Samuel Edyme, known in digital circles as HIM-buktu, a figure who navigates the complexities of the Web3 universe with a unique blend of creativity and insight. Edyme is not merely a content writer or journalist; he’s an aspiring trader and a well-rounded individual whose journey in the ever-evolving crypto landscape is nothing short of
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In the wake of Donald Trump’s unexpected election victory, the cryptocurrency market has experienced a significant ripple effect, particularly evident in Ethereum’s recent price action. Following the announcement, Ethereum surged over 8%, sparking optimism among investors who had been eyeing the altcoin with cautious interest. However, despite this upward movement, Ethereum’s price remains constrained, trading
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The recent shift in the political landscape of the United States has invigorated the cryptocurrency sector, marking what some industry experts believe could be the onset of a “Golden Age of Crypto.” In a memo dated November 6, Bitwise Chief Investment Officer Matthew Hougan articulated his perspective, suggesting that the victory of Donald Trump in
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On November 6, Bitcoin reached an unprecedented milestone, surpassing $73,700 and peaking at around $75,000. This substantial surge has rekindled interest and speculation among investors and market analysts alike. Tony Severino, a notable figure in crypto analysis, is particularly optimistic, heralding the possibility of an explosive upward trajectory for Bitcoin. His recent analyses suggest that
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The cryptocurrency landscape has long been influenced by various external factors, and recent developments in the U.S. political arena exemplify this connection. With the increasing probability of Donald Trump regaining a prominent political position in the upcoming presidential elections, market sentiments have shifted significantly. In particular, this political momentum has buoyed Bitcoin, pushing its price
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