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Crypto Tax Software Startup Taxbit, Cuts Nearly 40% of Staff
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🚨🚨🎯🎯 Major #Bitcoin ATM Scams: Losses Exceed $110 Million This Year Bitcoin ATM scams have become a serious issue, with losses surpassing $110 million. Scammers frequently target elderly people, using various tactics to deceive and steal funds, leading to nearly a tenfold increase in cases since 2020. 🇳🇬 Nigerian SEC Approves Two Crypto Exchanges The Nigerian Securities and Exchange Commission (SEC) has approved the operations of crypto exchanges Busha Digital and Quidax for the first time. This move is seen as a significant step in regulating the country’s crypto industry and includes the establishment of an incubation program for new market participants. 💰 Warren Buffett’s Berkshire Hathaway Sells $6.2 Billion in Bank of America Stock Berkshire Hathaway, led by Warren Buffett, unexpectedly sold $6.2 billion worth of Bank of America stock. This move caused a stir in the market as many expected the company to hold onto these assets. 🚀 Ethereum Faces Supply Crisis: Is a New Rally on the Horizon? Ethereum is facing a supply shortage, which could potentially trigger a new price surge in the cryptocurrency. Experts are debating whether this will lead to a new market rally and strengthen Ethereum's position among other cryptocurrencies. 📊 Solana vs. Cardano: Which Blockchain Network Will Dominate in 2024? Solana and Cardano are vying for dominance in the blockchain technology world, offering unique solutions for scalability and decentralization. Comparing the two networks highlights their strengths and weaknesses, making investor choices more challenging. Who are you for? Solana or Cardano 🔑 #Binance
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If these positions are yours then what will you do ? Tell me best answers 🏆
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Toncoin's market cap surged to $13.96 billion, reaching 1.1 million daily users, despite facing a sharp 25% drop following Telegram CEO Pavel Durov's arrest in France. The event has raised concerns about market volatility, though some indicators suggest a potential rebound for $TON .
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$MATIC recently saw a sharp decline of over 6% in the last 24 hours, dropping to $0.4358 after #Binance announced its plan to delist the token. This announcement triggered panic selling among traders, leading to significant price volatility. However, it’s crucial to note that Binance’s decision involves an automatic swap from MATIC to POL, rather than a complete removal from the platform. The notice is primarily aimed at informing users to adjust their activities, including bot trading, locked earnings, and other services. Currently, MATIC is finding strong support in the $0.39 to $0.414 range, which could act as a key level for potential price stabilization. **Understanding the Rebranding: From MATIC to POL** Polygon’s decision to rebrand from MATIC to POL is a strategic move to redefine its position in the blockchain ecosystem. This shift is more than just a change in name; it marks a significant step in Polygon's evolution into a leading infrastructure provider that supports a wide range of applications and use cases. The rebranding aims to enhance the network's performance, scalability, and interoperability, pushing Polygon beyond its current role as an Ethereum layer-2 scaling solution. By transitioning to the #POL brand, Polygon is emphasizing its expanded capabilities as a multi-chain platform, integrating seamlessly with various blockchain networks and offering a more comprehensive solution for developers. **Market Outlook and Future Implications** The rebranding to POL and the recent price drop present both challenges and opportunities. Traders should closely monitor key support levels, particularly around $0.39 to $0.414, for potential buying opportunities. Additionally, keeping an eye on broader market sentiment and developments related to POL will be crucial. The rebranding could act as a catalyst for future growth, positioning POL as a significant player in the evolving multi-chain ecosystem. 🚀 Are you investing in POL (Matic ) ? Dyor nfa
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Good news for $STRK holders 🚀 I hope you haven’t exited from your position. 🎯 Dyor nfa More analysis details will be shared with all prime members 💎 @Aman Sai ✅
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