Mexican-based groups allegedly sell USDT at a lower price than its market value, knowing its association with criminal activity taints it. These same coins are then sold at higher prices in countries like Colombia.
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Category: Cryptocurrencies
Meme Coin Prices Bounce And This Low Cap ICO Sees ‘Major’ Whale Inflows
Whale inflows are powering up this low cap ICO as meme coin prices bounce following quick-fire early week ‘crypto crash’ – don’t miss this new meme coin. This week, dive into the latest meme coin trends as the meme coin market fires up heading into Thanksgiving Weekend, also don’t miss this low cap ICO – […]
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Best Crypto to Buy Now November 28 – THE, SUI, VIRTUAL
As the cryptocurrency market experiences a resurgence led by Bitcoin’s rebound, a handful of altcoins are gaining traction as attractive investment opportunities. Specifically, THENA (THE), Sui (SUI), and Virtuals Protocol (VIRTUAL) have emerged as notable contenders for consideration.
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Chinese Court Rules Crypto Cannot Be Used for Wage Payments
A Shenzhen court has ruled that cryptocurrency, including USDT, cannot serve as a legal form of wage payment under Chinese labor laws, citing crypto’s lack of legal status.
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Meme Coin Launchpad Pump.fun Hits Record $78M Revenue in November
According to DefiLlama, the meme coin launchpad Pump.fun has made $78 million in revenue for November, marking a 35% share of its total earnings since launch.
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Vancouver Proposes Motion to Hold Bitcoin as Reserve Asset
Vancouver Mayor Ken Sim has proposed a motion to explore adding Bitcoin as a reserve asset, aiming to diversify the city’s financial resources and safeguard purchasing power amid economic uncertainty, with a formal introduction scheduled for December 11.
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On-Chain Data Suggests BTC Could Surpass $100K: CryptoQuant
Bitcoin reached an all-time high of $99.9k, but on-chain data from Crypto Quant suggests the bull market may still have room to run.
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Critics Slam UK Pension Scheme for Adding Bitcoin to Portfolio
Experts have criticized a UK pension scheme for investing in Bitcoin, calling it irresponsible and risky for retirees’ futures.
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SOS Ltd. Stock Soars After $50M Bitcoin Purchase Announcement
SOS Ltd., a commodity trading firm, saw its stock trade higher after the firm announced its Board of Directors approved a $50 million investment to purchase Bitcoin.
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Hong Kong Aims to Exempt Hedge Funds and Super-Rich from Crypto Tax
Hong Kong is propoposing tax exemptions on crypto, private credit and other profits for funds and wealthy investors.
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