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Tether is under investigation by the United States for suspected sanctions violations and money laundering activities, the WSJ reported. The report states that the U.S. Treasury Department may impose sanctions on Tether due to its use by sanctioned entities such as Hamas and Russian arms dealers. Tether CEO Paolo Ardoino refuted the claims, maintained close cooperation with law enforcement, and refuted the false allegations. Despite the controversy surrounding the transparency of its reserves, Tether maintains that it fully supports its stablecoin, even though it has not been formally audited. According to a recent report in the Wall Street Journal, Tether…

Investing.com — Bitcoin rose slightly on Monday after a lackluster weekend performance as its rally to record highs was disrupted by reports that the U.S. government is investigating the stablecoin giant did. Cryptocurrency prices received some support due to improved risk appetite as Israel’s attack on Iran was not as serious as feared. Hong Kong’s proposed tax cuts on crypto and digital assets also supported sentiment slightly. However, uncertainty surrounding the US election and interest rates continues to weigh on the crypto market, with most major currencies trading within a narrow range. By 1:06 a.m. ET (5:06 a.m. Japan time),…

Investing.com — Bitcoin rose slightly on Monday after a lackluster weekend performance as its rally to record highs was disrupted by reports that the U.S. government is investigating the stablecoin giant did. Cryptocurrency prices received some support due to improved risk appetite as Israel’s attack on Iran was not as serious as feared. Hong Kong’s proposed tax cuts on crypto and digital assets also supported sentiment slightly. However, uncertainty surrounding the US election and interest rates continues to weigh on the crypto market, with most major currencies trading within a narrow range. By 1:06 a.m. ET (5:06 a.m. Japan time),…

Dogecoin co-founder Billy Marcus called the Biden administration’s Justice Department’s actions against Elon Musk and Donald Trump “authoritarian,” saying the agency is weaponizing its legal powers to silence political opponents. accused of being Marcus’ comments follow recent comments from Kamala Harris, which drew criticism from Cardano’s Charles Hoskinson and others. Marcus condemns Justice Department’s targeting of Trump and Musk Vice President Kamala Harris previously accused President Donald Trump of reportedly intending to weaponize the Justice Department against his political opponents after reelection, and comments by the Dogecoin co-founder followed suit. Marcus said the current administration has already…

XRP price remained volatile on Monday morning, continuing to underperform other popular coins such as Bitcoin, Tron, and Solana. Ripple is trading at $0.5132, a few points above last week’s low of $0.4860. Ripple’s main catalyst XRP price is under pressure as investors are reacting to several factors. First, the company’s founder, Chris Larsen, was punished for recent donations to Kamala Harris, who is running against Donald Trump. He contributed more than $11.8 million to her campaign, making her her biggest donor in the crypto industry. By contrast, most people in the field have invested heavily in the Trump campaign.…

In a recent analysis, market watcher Dark Defender identified key resistance levels that XRP needs to break in order to rise to new heights. His long-term structure for XRP, established over a year ago, targets three major price points: $1.88, $5.85, and $18.22. To reach these milestones, XRP must first break through the strong resistance point at $0.6649. XRP’s original goals and modifications The Dark Defender chart shows the weekly XRP price, with the altcoin showing a strong bullish move leading to the first wave peak at $0.9327. The analyst had originally set an XRP target of $0.89, but the…

Market sentiment has shifted from bullish optimism, with investors aggressively buying the dip, to a more cautious and fearful approach, with many investors selling at any sign of recovery. It has become. emotional market sentimentMarket reactions to news are often colored by emotional reactions, whether positive or negative. For example, increased investor confidence can lead to sharp increases in prices and, in some cases, to overvaluation. Conversely, if prices start to fall, investors may liquidate their holdings out of fear to minimize losses. While this emotional volatility can pose challenges, it can also present unique buying opportunities for those who…

Japan’s leading financial groups, including major banks, crypto exchanges, and securities companies, are seeking regulatory approval for crypto ETFs.Mitsubishi UFJ Trust and Banking, Nomura Securities, Daiwa Securities, BitFlyer and others released a coalition report on Friday calling on regulators to review the tax framework for virtual currencies.Japan’s virtual currency tax is currently set at 55%. The group is calling on regulators to lower the tax in line with the stock market’s 20% tax policy. Last week, Democratic Party of Japan leader Yuichiro Tamaki also promised to lower the virtual currency tax to 20% if elected.”If you think that crypto assets…

Cryptocurrency prices today are causing investor speculation around the world and showing a variety of movements. Bitcoin (BTC) price rose today and stalled at the $67,000 level, while Ethereum (ETH) and XRP remained in line with the red region. At the same time, Solana (SOL) and Dogecoin (DOGE) have witnessed impressive gains over the past day. Additionally, MANTRA (OM) emerged as the top gainer of the day, leading the overall market rally. Today, the global cryptocurrency market capitalization increased by 1.11% to $2.3 trillion. However, the total market value decreased slightly by 0.61% to $48.31 billion. Here is a quick…

Dog-themed cryptocurrencies Dogecoin and Firstneiro on Ethereum led Sunday’s meme coin rally with a “family-like” connection. What Happened: NEIRO, named after the new Shiba Inu puppy adopted by Kabosu’s owner, who served as the inspiration for Dogecoin, has risen more than 6% in the past 24 hours. The Ethereum ETH/USD-based token has seen a 62% increase in trading volume over the past 24 hours. Dogecoin, the largest meme coin by market capitalization, rose just under 4%. It was the most traded meme token in the past 24 hours, with trading volume reaching $1.35 billion. Cryptocurrency +/- Price Rise (Recorded at…