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In the constantly shifting landscape of cryptocurrencies, Bitcoin has displayed a fascinating pattern—one that is both a testament to its resilience and a reflection of its complexities. Reaching an extraordinary hashrate of 1 Zetahash per second (ZH/s) is no small feat for the leading cryptocurrency, showcasing the advanced computational power harnessed by the network. Although
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Hong Kong’s latest regulatory adjustment concerning Virtual Asset Trading Platforms (VATPs) aims to strike a precarious balance between fostering financial innovation and ensuring investor safety. While the Securities and Futures Commission (SFC) deserves credit for being proactive about the burgeoning world of blockchain technology, one can’t help but wonder if they are inadvertently curbing the
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In a startling turn of events, the cryptocurrency markets have plunged by an alarming 10% within a mere 24-hour window, resulting in an extraordinary exodus of over $240 billion from this volatile sector. Simultaneously, stock market futures have crumbled, reflecting a 15% decline over three days, a phenomenon reminiscent of economic depressions. Expressions of despair
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In the eye of an economic storm spurred by Trump’s controversial trade policies, the cryptocurrency market has been shaken to its core, suffering unprecedented losses. Panic selling erupted, pushing the cumulative market capitalization of digital assets down to a disheartening low of under $2.5 trillion, a stark reflection of mounting fears and uncertainties. This tumult
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The recent announcement by U.S. President Donald Trump regarding the imposition of retaliatory tariffs marks a critical juncture in international trade dynamics. While supporters laud the decision as a bold step toward correcting perceived economic injustices, the reality is far more complex and troubling. The tariffication strategy — deploying sweeping levies on a multitude of
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