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Cardano $ADA Nears Key Upgrade Amid Price Volatility 🚀 Cardano’s ADA faces critical price support at $0.76 while preparing for the Plomin hard fork governance upgrade. This update will transition Cardano to a fully governed blockchain via CIP-1694. The upgrade's ratification is expected between January 4-29, 2025. Price action shows ADA fluctuating after recent rebounds, with key support levels at $0.76 and resistance at $1. Analysts predict potential scenarios ranging from further declines to a bullish surge toward $6. What’s your take on ADA’s upcoming milestones? Source: CryptoFrontNews
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💡 Max Keiser vs. Michael Saylor: Bitcoin Stablecoin Debate Max Keiser strongly criticized Michael Saylor's idea for a $10 trillion Bitcoin-backed stablecoin, labeling it impractical due to restrictive U.S. dollar policies. He emphasized Bitcoin's neutrality compared to the dollar's control-driven structure. Saylor, however, views stablecoins as a means to bolster U.S. digital dominance, proposing that U.S. banks issue them under a regulated framework. Do you agree with Keiser's critique or Saylor's vision for a Bitcoin-based stablecoin? Source: Coin-Turk
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🏛️ 𝗨𝗦 𝗦𝗲𝗻𝗮𝘁𝗼𝗿 𝗣𝗿𝗼𝗽𝗼𝘀𝗲𝘀 𝗔𝗹𝗹𝗼𝘄𝗶𝗻𝗴 𝗙𝗲𝗱𝗲𝗿𝗮𝗹 𝗥𝗲𝘀𝗲𝗿𝘃𝗲 𝘁𝗼 𝗢𝘄𝗻 𝗕𝗶𝘁𝗰𝗼𝗶𝗻 📜💡 A US Senator has introduced legislation that would grant the Federal Reserve authority to hold $BTC and other digital assets. This proposal aims to modernize the central bank’s capabilities and align with the growing role of cryptocurrencies in the financial ecosystem. Critics, however, question the implications for Bitcoin's decentralized nature and its integration into federal monetary policy. Do you support the Federal Reserve holding Bitcoin as part of its operations? Source: Bitcoin News
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🌍 𝗨𝗔𝗘 𝗛𝗼𝗹𝗱𝘀 $40 𝗕𝗶𝗹𝗹𝗶𝗼𝗻 𝗶𝗻 𝗕𝗶𝘁𝗰𝗼𝗶𝗻: 𝗔 𝗚𝗹𝗼𝗯𝗮𝗹 𝗖𝗿𝘆𝗽𝘁𝗼 𝗟𝗲𝗮𝗱𝗲𝗿 💰 The United Arab Emirates has cemented its position as a global crypto hub, now holding $40 billion in $BTC Bitcoin. Between mid-2023 and mid-2024, the nation recorded $34 billion in crypto transactions, with stablecoins dominating 51% of activity. This achievement stems from the UAE's progressive regulations, strategic initiatives like the Virtual Assets Regulatory Authority, and its ability to attract blockchain businesses globally. Will the UAE’s crypto-friendly approach inspire other nations to follow? Source: Cryptopolitan
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📉 $XRP Could Fall to $1: Bollinger Bands Signal 2018-Like Drop 📊 Technical analysis of XRP highlights a bearish signal from Bollinger Bands, reminiscent of its 2018 crash. Indicators suggest increased volatility and a potential drop to $1 if selling pressure intensifies. This aligns with broader market concerns about XRP's near-term trajectory despite recent support levels. Do you think $XRP will defy these bearish predictions? Source: U.Today
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