Author: CryptoExpert
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China Tech Giants Halt Hong Kong Stablecoin Plans Amid Beijing Concerns
[ad_1] Chinese technology giants, including Ant Group and JD.com, have reportedly suspended plans to issue stablecoins in Hong Kong after regulators in Beijing voiced concerns over privately controlled digital currencies. The companies were instructed by the People’s Bank of China (PBoC) and the Cyberspace Administration of China (CAC) to pause these initiatives, the Financial Times…
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Hacker panic-sells 9,240 Ether during market crash, incurring $4.56M loss
[ad_1] Key Takeaways A hacker sold 9,240 Ether amidst a market crash. The move resulted in a $4.56 million loss. Share this article A hacker panic-sold 9,240 Ether during today’s market crash, resulting in a $4.56 million loss on the transaction. The perpetrator, believed to have illicitly obtained crypto assets through recent exploits, executed the…
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The teacher is the new engineer: Inside the rise of AI enablement and PromptOps
[ad_1] As more companies quickly begin using gen AI, it’s important to avoid a big mistake that could impact its effectiveness: Proper onboarding. Companies spend time and money training new human workers to succeed, but when they use large language model (LLM) helpers, many treat them like simple tools that need no explanation. This isn't…
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Bitcoin OGs Taking Profits Keep Price Suppressed Say Analysts
[ad_1] The price of Bitcoin will have a challenging road ahead as long as long-term holders continue to take profits, according to analysts. The failure of crypto markets to recover was not due to manipulation, paper Bitcoin, or suppression, “just good old-fashioned sellers,” said analyst James Check on Sunday. Check added that the sheer volume…
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Has Bitcoin Bottomed? Here’s What the Experts Say
[ad_1] In brief Bitcoin stabilized above $105,000 over the weekend, triggering a push toward $109,400. Experts say Bitcoin could be forming a local bottom amid softening U.S.-China trade tensions, but remain cautious. The end of quantitative tightening and potential rate cuts create a bullish setup for Bitcoin heading into 2026. Bitcoin is showing signs of…
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Ripple Leads $1B Fundraise for XRP Hoard But Risk of $2 Test Remains
[ad_1] Key takeaways: XRP price dropped 8.75% on Friday despite Ripple’s $1 billion acquisition plans. A drop toward the $2 support level is possible in the coming days, as bulls pin their hopes on a rebound. Ripple is reportedly planning to raise $1 billion to purchase XRP (XRP) for its own digital asset treasury. This…
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Ethereum Treasury Set to Grow as Huobi Founder Leads $1B Initiative
[ad_1] TLDR Huobi founder Li Lin is launching a $1 billion Ethereum treasury firm, backed by major Asian investors. The planned firm will acquire and hold Ethereum as its core reserve asset to boost long-term institutional demand. Avenir Capital has committed $200 million while Asian institutional investors have added another $500 million. The group is…
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Will a supply wave hit BTC?
[ad_1] Mt. Gox trustees face a deadline on Oct. 31 to complete Base, Early lump-sum, and Intermediate repayments for Bitcoin creditors (BTC), with roughly 34,689 BTC still sitting in Mt. Gox-linked wallets as the clock ticks down. The Tokyo court extended the original cutoff date of Oct. 31, 2024, by one year after processing delays…