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Ticker: Crypto exchange allowed money laundering, plea; Home sales at slowest pace in 13 years 

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Ticker: Crypto exchange allowed money laundering, plea; Home sales at slowest pace in 13 years 

The government dealt a massive blow to the world’s largest cryptocurrency exchange Binance as its founder, Changpeng Zhao, pleaded guilty to a felony charge Tuesday related to his failure to prevent money laundering on his platform.

Binance also agreed to a roughly $4 billion settlement with the U.S. over violations of the Bank Secrecy Act and apparent violations of sanctions programs, including failure to put into place a suspicious transaction reporting programs. Zhao has stepped down as the company’s chief executive.

Over the summer, the company was accused of operating as an unregistered securities exchange and violating a slew of securities laws in a lawsuit from regulators. That case was similar to practices uncovered after the collapse of FTX, the second largest cryptocurrency exchange, last year.

“Binance became the world’s largest cryptocurrency exchange in part because of the crimes it committed — now it is paying one of the largest corporate penalties in U.S. history,” said Attorney General Merrick B. Garland.

Home sales at slowest pace in 13 years

Sales of previously occupied U.S. homes slumped in October to their slowest pace in more than 13 years as surging mortgage rates and rising prices kept many prospective homebuyers on the sidelines.

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Existing home sales fell 4.1% last month from September to a seasonally adjusted annual rate of 3.79 million, the National Association of Realtors said Tuesday. That’s weaker than the 3.90 million sales pace economists were expecting, according to FactSet.

The last time sales slumped this hard was in August 2010.

Sales sank 14.6% compared with the same month last year. They have fallen five months in a row, held back by climbing mortgage rates and a thin supply of properties on the market.

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Bitcoin VS Ethereum: A Tale of Two Titans In The Cryptocurrency World

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Bitcoin VS Ethereum: A Tale of Two Titans In The Cryptocurrency World
Photos: YouTube ScreenshotsWikimedia Commons Cryptocurrency, the digital currency that has taken the financial world by storm, has led to the creation of thousands of different coins and tokens. Among them Bitcoin (BTC) and Ethereum come at the top, attracting the attention of millions of investors. These two giants that are shaping the digital finance landscape…
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Cryptocurrency Competitiveness: Assessing Polkadot (DOT), Cardano (ADA), and VC Spectra (SPCT) for Sustained Growth | Finbold

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Cryptocurrency Competitiveness: Assessing Polkadot (DOT), Cardano (ADA), and VC Spectra (SPCT) for Sustained Growth | Finbold

Press Releases are sponsored content and not a part of Finbold’s editorial content. For a full disclaimer, please . If you encounter any issues, kindly report them to [email protected]. Crypto assets/products can be highly risky. Never invest unless you’re prepared to lose all the money you invest.

In this assessment of crypto competitiveness, three prominent tokens: Polkadot (DOT), Cardano (ADA), and VC Spectra (SPCT) are evaluated for sustained growth. Polkadot’s highly anticipated update, Cardano’s integration with Klever Wallet, and VC Spectra’s successful presale highlight the positive momentum of these tokens and their prospects for continued expansion.

Which of these top altcoins is considered the best bet? Let’s find out! 

>>BUY SPCT TOKENS NOW<<

Summary

  • Polkadot’s (TRX) price is expected to reach $14.80 next year. 
  • The price of Cardano (ADA) is predicted to reach $1.23 in 2024.
  • VC Spectra (SPCT) keeps surging during its ongoing presale.

Polkadot (DOT) Launches Highly Anticipated Update

On November 24, 2023, Polkadot (DOT) made an exciting announcement regarding the release of Polkadot Host v1.4.0. This highly anticipated update introduces a range of new features and improvements. In order to take advantage of these enhancements, Polkadot Validators were strongly encouraged to upgrade their nodes promptly.

The market responded favorably to this news, leading to a 2.92% surge in the value of Polkadot. Within a span of 24 hours, the Polkadot price (DOT) rose from $5.13 to $5.28.

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The positive momentum in the value of Polkadot (DOT) continued over the subsequent days. Between November 24 and 26, the Polkadot price (DOT) experienced a further increase of 2.46%, reaching $5.41.

Furthermore, the recent advancements in Polkadot have generated optimistic sentiments among cryptocurrency experts. Based on the current Polkadot price prediction, the Polkadot price (DOT) is expected to reach $14.80 in 2024. 

Cardano Price Prediction: ADA Surges After Klever Wallet Integration

On November 14, 2023, Klever Wallet, a multi-currency crypto wallet, announced the integration of support for Cardano (ADA). This integration lets users securely store, send, receive, and exchange Cardano (ADA) tokens directly within the Klever Wallet app.

In response to the ADA Cardano news, an optimistic Cardano price prediction emerged. As a result, the price of Cardano (ADA) rose by 2.86% from $0.35 to $0.36 within 24 hours. Cardano (ADA) continued its rise gradually in the following days. The price of Cardano (ADA) further increased by 5.56% from $0.36 to $0.38 between November 15 and 26.

Considering the recent development, experts anticipate a further increase in the value of Cardano (ADA). According to the current Cardano price prediction, the price of ADA is expected to surge to $1.23 next year.

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VC Spectra’s (SPCT) Presale Progress Fuels Investor Optimism.

As we evaluate the landscape of cryptocurrencies for sustained growth, three top crypto coins stood out. While Polkadot (DOT) and Cardano (ADA) have already gained recognition for their positive outlook, VC Spectra (SPCT) is emerging as a strong competitor, capturing the attention of both retail and institutional investors.

Built on the Ethereum blockchain, VC Spectra (SPCT) leverages the decentralized and open-source nature of the platform to provide a range of decentralized applications. By utilizing smart contracts, the protocol automates functions such as trading, investment management, and reward distribution. 

The decentralized trading platform and asset management protocol of VC Spectra (SPCT) are powered by its innovative trading strategies. Employing a combination of algorithmic and systematic trading, the platform executes profitable trades on behalf of its users, optimizing returns and ensuring a seamless trading experience.

Moreover, recent developments have demonstrated VC Spectra’s growth potential, with the SPCT token (SPCT) experiencing a notable 16.6% surge to $0.077. This surge has propelled VC Spectra to Stage 5 of its public presale, attracting further interest from investors. 

Early investors have already witnessed significant gains, with an impressive 862.5% growth, and they remain optimistic about the future prospects of SPCT token as it progresses through the remaining stages of its presale. Due to this outlook, VC Spectra has solidified its position as the best crypto investment in 2023.

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Learn more about VC Spectra (SPCT) and its presale:

Buy Presale: https://invest.vcspectra.io/login

Website: https://vcspectra.io

Telegram: https://t.me/VCSpectra

Twitter: https://twitter.com/spectravcfund

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Defion Labs Takes the Lead: Launches Innovative Cryptocurrency Education Platform and Podcast

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Defion Labs Takes the Lead: Launches Innovative Cryptocurrency Education Platform and Podcast

DeFion Labs launches an innovative podcast and business in Buffalo, NY, focusing on cryptocurrency education and financial literacy, offering guidance and insights, especially during bear markets, with co-founders Troy Pulli and Don Ranalli leading the initiative.

SAN DIEGO, CA / ACCESSWIRE / November 28, 2023 / DeFion Labs, a trailblazing force in cryptocurrency education and finance, is excited to announce the launch of its innovative podcast and business dedicated to empowering individuals in the world of cryptocurrency. With a strong focus on Bitcoin, cryptocurrency, blockchain, and financial literacy, DeFion Labs aims to provide clarity and guidance, particularly during bear markets.

In the ever-evolving landscape of cryptocurrencies, DeFion Labs stands out as a beacon of guidance, committed to empowering individuals with the knowledge needed to make informed decisions in the complex world of digital assets. The podcast, titled “DeFion Productions,” will feature industry experts, thought leaders, and seasoned professionals who will share insights, strategies, and real-world experiences in navigating the challenges of crypto and finance.

“Don’t trust, verify” is a quote we end our podcast with,” said Don Ranalli, Co-founder at DeFion Labs. “It refers to the trustless nature of the Bitcoin protocol. When it comes to taking steps to seek out education in terms of educating yourself for financial freedom, the same can be said. I’m confident that in DeFion Productions, you will find two hard-working guys who can present education and information you can verify and learn to trust.”

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Troy Pulli, Co-founder at DeFion Labs, added, “DeFion Labs was born out of a passion for educating and empowering people in the crypto and finance space. After studying at Niagara University, I gained the knowledge and wisdom from the abundance of networking resources and courses to continue this adventure. Our mission is to equip individuals with the tools and knowledge they need to thrive, not just in volatile times but with long term strategy. We believe that education is the key to fostering a resilient and informed community.”

Key Features of DeFion Productions Include:

Expert Interviews: Engaging conversations with seasoned investors and analysts to provide diverse perspectives on the cryptocurrency and finance landscape.

Market Analysis: In-depth analysis of cryptocurrency market trends, with a focus on understanding the dynamics of bear markets and strategies for navigating them.

Educational Content: Comprehensive guides, tutorials, and educational content suitable for both beginners and experienced cryptocurrency enthusiasts. Topics covered include blockchain technology, Bitcoin fundamentals, crypto trading, and more.

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Financial Literacy Emphasis: A strong emphasis on the importance of financial literacy in the crypto and finance realm, offering tools and resources to help individuals make informed financial decisions.

To celebrate the launch, DeFion Labs is offering exclusive resources, expert insights, and promotions to early subscribers and listeners of “DeFion Productions.” The first five episodes of the podcast are already available on YouTube, with plans for weekly releases to keep the community informed and engaged.

About DeFion Labs:

DeFion Labs is a Buffalo, NY-based cryptocurrency education platform and podcast dedicated to empowering individuals with knowledge about Bitcoin, cryptocurrency, blockchain, and finance. With a mission to build resilience and financial acumen, DeFion Labs aims to foster a community of informed and empowered crypto and finance enthusiasts.

Follow DeFion Labs on Social Media:

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Instagram: DeFion Labs
YouTube: DeFion Productions
Twitter: Defion_Labs
TikTok: DeFion Labs
Facebook: DeFion Labs

For media inquiries, please contact:

Nina Brekkendorf
[email protected]
(310) 221-7495
San Diego, CA

Media Contact

Organization: DeFion Labs
Contact Person: Nina Brekkendorf
Website: https://arriba.lol/
Email: [email protected]
City: San Diego
State: California
Country: United States

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SOURCE: DeFion Labs

View source version on accesswire.com:
https://www.accesswire.com/810970/defion-labs-takes-the-lead-launches-innovative-cryptocurrency-education-platform-and-podcast

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