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Key takeaways: XRP price just hit multiyear highs of $3.66, but technicals suggest there’s more room to run. Multiple XRP charts signal a potential “explosive” move, targeting $7-$20 if key resistances are broken. XRP (XRP) price has risen significantly over the last seven days, climbing to a new record high of $3.66 on Friday, and up nearly 90% since its …

United States congresswoman Marjorie Taylor Greene said that the GENIUS stablecoin bill creates a “backdoor” for the government to effectively create a central bank digital currency, veiled as privately issued crypto tokens. The lawmaker said that regulated stablecoins feature “functional surveillance capabilities,” which make them indistinguishable from CBDCs. In a separate social media post, she added:  “This bill regulates stablecoins …

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Less than two years after its hyped-up debut, Tesla is making an aggressive, almost desperate, move to salvage the Cybertruck, a vehicle widely seen as one of the biggest busts in recent automotive history. Faced with production woes, quality control nightmares, and underwhelming sales, the company has added its polarizing truck to a massive sales event, offering a powerful incentive …

Key Takeaways 21Shares has filed for two crypto index ETFs under the faster 1940 Act route.  A market expert stated that the move would help the issuer to avoid the agency’s delay.  21Shares has joined the crypto index ETF race, but has opted for a faster approval route, according to experts. In a statement on the 18th of July, the …

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Indian cryptocurrency exchange CoinDCX was hacked on Friday, leaving the exchange drained of $44 million.  The hackers compromised one of CoinDCX’s internal accounts used for “liquidity provisions” with another exchange through a server breach. No user funds were affected due to the exploit, according to CoinDCX CEO Sumit Gupta. The CEO also said that all customer funds remain safe and …

Key Takeaways An internal wallet compromise resulted in a $44.2 million cross-chain hack for Indian crypto exchange CoinDCX. The CEO confirmed user funds were safe, and all trading activity remained fully operational. One of the largest crypto exchanges in India, CoinDCX, lost $44 million in a significant hack. The hack occurred in the early hours of Saturday in India, and …