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Top cryptocurrency prices today: Bitcoin, Avalanche, Terra, Ethereum fall up to 6%

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Top cryptocurrency prices today: Bitcoin, Avalanche, Terra, Ethereum fall up to 6%
New Delhi: Main cryptocurrencies plummeted on Monday, extending the rout seen in these tokens over the weekend. The expectations of an aggressive rise within the rates of interest proceed to weigh on crypto markets. Sluggish financial progress can also be denting the emotions for the digital cart.

Barring the dollar-pegged stablecoins — USD Coin and Tether — all main crypto tokens and altcoins had been buying and selling decrease. Terra dropped 6 per cent, whereas Avalanche tumbled 5 per cent. Ethereum and Shiba Inu plunged 4 per cent every.

The worldwide cryptocurrency market cap was buying and selling sharply decrease on the $1.53 trillion mark, falling about 3 per cent within the final 24 hours. Nevertheless, the full cryptocurrency buying and selling quantity zoomed about 14 per cent to $98.63 billion.


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What’s cooking in India
Union Finance Minister Nirmala Sitharaman has flagged ‘anonymity’ as an ‘inherent danger’ in blockchain know-how, but additionally added that the federal government helps the usage of the identical.

Sitharaman’s remarks come forward of the launch of the budgetary announcement of central financial institution digital foreign money (CBDC) which is predicated on the blockchain know-how itself and is billed as being much like the paper foreign money carried in wallets.

Skilled take
In its latest acquisition, Terra bought 37,863 Bitcoins, virtually doubling its Bitcoin holdings. This buy amounted to virtually $1.5 billion making their complete holding to virtually $3 billion, mentioned WazirX Commerce Desk.

“They’re virtually close to their short-term objective of $3 billion and are shifting in the direction of their long-term objective of $10 billion in Bitcoin to help the algorithmic stablecoin US Terra, usually generally known as UST,” it added.

World updates

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  • Google is reportedly assembling a web3 group to create companies for builders working blockchain apps. Web3 continues to be in its early phases, however the firm is bullish on its important promise.

  • The US Treasury Division’s Workplace of International Belongings Management (OFAC) sanctioned Blender.io, a North Korea-linked crypto mixing service that obfuscates the origin and vacation spot of bitcoin transactions, and added bitcoin and ether addresses to its blacklist.

  • 9 out of 10 central banks around the globe are exploring central financial institution digital currencies (CBDC), based on the outcomes of a survey performed by the Financial institution for Worldwide Settlements (BIS).

  • Excessive-profile hacks on crypto “bridges” — which let customers swap digital tokens throughout blockchains — are creating alternatives for exchanges and different companies to supply safer alternate options.

  • Blockchain gaming agency Irreverent Labs raised $40 million in a not too long ago accomplished funding spherical, based on Securities and Trade Fee (SEC) filings.

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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.
  • Increased Precision: AI-driven analysis minimizes errors in data interpretation and trade execution.
  • 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:
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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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