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Bitcoin Price | Ethereum Price: Top cryptocurrency prices today: Bitcoin, Ethereum, Solana, Avalanche gain up to 5%

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Bitcoin Price | Ethereum Price: Top cryptocurrency prices today: Bitcoin, Ethereum, Solana, Avalanche gain up to 5%
New Delhi: After a skinny buying and selling session over the weekend, main crypto tokens had been again within the inexperienced on Monday however positive factors had been restricted.

Regardless of the restoration, main crypto tokens failed to interrupt previous the important thing psychological ranges. The crypto market continues to be within the bear part, with no sign of ending, stated specialists.

All of the tokens had been buying and selling with first rate positive factors. Avalanche surged 5 per cent, whereas Solana rallied 4 per cent. Ethereum and Bitcoin gained 3 per cent and a couple of per cent, respectively.



The worldwide cryptocurrency market cap was buying and selling larger on the $1.29 trillion mark, leaping greater than 2 per cent within the final 24 hours. Nonetheless, the full cryptocurrency buying and selling quantity rallied greater than 28 per cent to $62.13 billion.

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Skilled take
The Chinese language govt had banned all crypto operations in China in mid of 2021. This resulted in a 50 per cent drop in hash charge, which led to miners migrating to totally different nations similar to Kazakhstan and US, stated WazirX Commerce Desk.

“Knowledge signifies that among the miners are nonetheless operational which signifies that the operations have gone underground. Mining hash charge in high three nations is — United States at 37.84 per cent, China at 21.11 per cent, and Kazakhstan at 13.22 per cent.”

In accordance with a core developer, the transition to proof-of-stake is scheduled to be accomplished in August. He additionally acknowledged that the merging is full and that they’re presently within the testing part.

International updates

  • Within the two weeks since Terra’s US dollar-pegged stablecoin terraUSD (UST) misplaced its peg, inflicting huge investor losses, billions of {dollars} have been taken out of the ecosystem.

  • Former BitMEX CEO Arthur Hayes was sentenced to 2 years of probation, with house detention for six months and placement monitoring, in a federal courthouse in New York.

  • Hayes had pleaded responsible in February to expenses he willfully didn’t implement an anti-money laundering (AML) program on the alternate.

  • Any drag on combination US spending from the current decline in cryptocurrency market is more likely to be very small, Goldman Sachs stated. There’s additionally very restricted scope for a rise in labor pressure participation due to the declines, it stated.

  • Over the previous week, Fred Ehrsam bought multiple million shares of Coinbase price roughly $75 million, stepping in because the crypto alternate’s inventory value plunged following the corporate’s weak earnings report.

Tech view by BuyUcoin cryptocurrency alternate:
Ethereum, after going through a pointy sell-off within the middleman pattern, has gone sideways and is now buying and selling inside a wedge sample or we will say it’s buying and selling inside a spread. Its present buying and selling vary is $2050 – $1830.

ET CONTRIBUTORS

There’s good assist at $1580 and a breakout with quantity can result in extra selloff, however presently, it’s buying and selling above that assist, and a pointy bull run above $2200 might be seen if it breaks the present vary.

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(Views and proposals given on this part are the analysts’ personal and don’t symbolize these of ETMarkets.com. Please seek the advice of your monetary adviser earlier than taking any place within the asset/s talked about.)

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RobotBulls Innovates Cryptocurrency Trading with AI and Blockchain Integration

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RobotBulls Innovates Cryptocurrency Trading with AI and Blockchain Integration

RobotBulls, a pioneering force in the cryptocurrency market, has unveiled its latest advancements in leveraging artificial intelligence (AI) and blockchain technology to streamline the trading process.

RobotBulls, a pioneering force in the cryptocurrency market, has unveiled its latest advancements in leveraging artificial intelligence (AI) and blockchain technology to streamline the trading process. This dual-technology approach not only simplifies trading operations but also enhances security and accuracy, providing traders from various backgrounds with an accessible and efficient trading platform.

AI and Blockchain: A Synergistic Approach for Streamlined Trading

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At the heart of RobotBulls’ innovation is the integration of AI and blockchain technology. The platform utilizes advanced AI algorithms to analyze market data accurately and swiftly, offering users actionable insights to guide their trading decisions. Complementing this, blockchain technology ensures all transactions are securely recorded and immutable, reinforcing trust and transparency in all operations.

Key Features of RobotBulls: Elevating Trading Experience

RobotBulls’ platform is designed with several core features aimed at enhancing user experience:

  • Streamlined Trading: Automated trading tasks allow users to execute strategies efficiently without the need for constant monitoring.
  • Real-Time Analytics: The platform provides current market trend data, helping users make informed decisions and anticipate movements.
  • Robust Security Measures: Leveraging blockchain, RobotBulls ensures all transactions are transparent and secure, significantly reducing the risk of tampering.

Benefits of Using RobotBulls: Efficient and Secure Trading Traders on RobotBulls enjoy multiple advantages:

  • Time Efficiency: The automation of routine trading activities frees up time, allowing traders to focus on strategy development.
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  • Enhanced Risk Control: Tools for managing trading risks, including customizable stop-loss settings, are readily available on the platform.

Continuous Innovation and Future Prospects

Committed to continuous enhancement, RobotBulls consistently upgrades its AI algorithms and explores more efficient blockchain technologies. These advancements aim to further expedite transactions and improve analytical capabilities, providing users with deeper insights and more robust trading options.

Supporting Traders with Educational Resources and Community Engagement

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RobotBulls supports its users with an array of educational resources designed to aid both novice and experienced traders in navigating the platform effectively.

Additionally, the company fosters a strong community, enabling users to exchange strategies and insights, further enhancing their trading success.

Experience the Future of Trading with RobotBulls

For traders seeking to harness the potential of digital currencies through a secure, efficient platform, RobotBulls offers a powerful solution. To explore how RobotBulls can transform your trading experience, visit robotbulls.com.

Contact Info:
Name: Lin
Email: Send Email
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Phone: +41795354362
Website: https://www.robotbulls.com/

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Alleged crypto scammers arrested in $73 million 'pig butchering' scheme

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Alleged crypto scammers arrested in $73 million 'pig butchering' scheme

The Justice Department said on Friday that it arrested two alleged scammers for laundering “at least” $73 million through shell companies connected to “pig butchering” cryptocurrency investment schemes.

In a pig butchering scam, scammers contact victims online and gain their trust before manipulating them into investing in a fake cryptocurrency.

Daren Li, a 41-year-old dual citizen of China and St. Kitts and Nevis — and resides in China, Cambodia, and the United Arab Emirates, was arrested on April 12 at Hartsfield-Jackson Atlanta International Airport. According to a Justice Department statement, he was subsequently transported to the Central District of California. Yicheng Zhang, 38, a Chinese national and resident of Temple City, California, was arrested on Thursday in Los Angeles, California, the statement said.

The DOJ accused the individuals of having lured victims into depositing money into U.S. accounts. From there, the two allegedly utilized co-conspirators to launder the money through U.S. financial institutions to Bahamas bank accounts, before converting the funds into the stablecoin Tether, also known as USDT.

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“Cryptocurrency investment scams exploit the borderless nature of virtual currency and online communications to defraud victims,” said U.S. Deputy Attorney General Lisa Monaco. “While fraud in the crypto markets takes on many forms and hides in many far-off places, its perpetrators aren’t beyond the law’s reach,” the

Li and Zhang face charges of conspiracy to commit money laundering and six counts of international money laundering. According to the Justice Department, if found guilty, they could be sentenced to a maximum of 20 years in prison for each count.

Two days before announcing the arrests, the Justice Department said it arrested two brothers for allegedly stealing roughly “$25 million worth of cryptocurrency within approximately 12 seconds.” And earlier this month, the department charged ‘Bitcoin Jesus’, a.k.a. Roger Ver, with evading nearly $50 million in taxes.

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