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Crypto

Bitcoin halving can take BTC price to $148K by July 2025 — Pantera Capital on August 24, 2023 at 8:05 am
Crypto

Bitcoin halving can take BTC price to $148K by July 2025 — Pantera Capital on August 24, 2023 at 8:05 am

BTC price is right on track when it comes to cycle top and bottom timing, Bitcoin bull Pantera says. Bitcoin (BTC) is due to hit nearly $150,000 during its next four-year halving cycle, Pantera Capital believes. In its latest “Blockchain Letter,” released on Aug. 22, executives at the crypto asset manager doubled down on their bullish BTC price forecasts for 2024 and beyond. Halving data reinforces November 2022 BTC price bottom Bitcoin price performance depends heavily on its halving cycles, Pantera Capital argues, and with the next due within the coming twelve months, the firm is betting that historical trends…
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UK considers blanket ban on crypto investment cold calls on August 24, 2023 at 8:24 am
Crypto

UK considers blanket ban on crypto investment cold calls on August 24, 2023 at 8:24 am

The U.K. Treasury has released a consultation paper to understand the grassroots-level impact of a blanket ban on cold calls related to financial services and products. As the United Kingdom prepares for a ban on finance-related cold calls, His Majesty’s Treasury has issued a consultation paper, and it is calling for evidence to gauge the full impact on businesses and the costs associated with introducing and implementing the ban. On May 3, the U.K. government announced an ambitious fraud strategy, which would involve adding 400 new jobs to update its approach to intelligence-led policing. As Cointelegraph previously reported, the National…
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Nigerian crypto exchange’s token launch draws scrutiny on August 24, 2023 at 10:41 am
Crypto, Technology

Nigerian crypto exchange’s token launch draws scrutiny on August 24, 2023 at 10:41 am

This development follows the company's previous disclosure of a security breach resulting in fund losses in May 2023. Patricia, a Nigerian cryptocurrency exchange, has revealed the introduction of its own native token named Patricia token (PTK). However, this launch has generated more doubt than applause within the local cryptocurrency community. Native tokens are digital assets that are specific to a particular blockchain platform or cryptocurrency exchange. They are created and issued directly by the platform or exchange itself. Examples of native tokens include Binance Coin (BNB) on the Binance exchange, Ether (ETH) on the Ethereum network, and SOL on the…
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