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Additionally, the RSI is currently at 0, which is generally considered oversold, suggesting that the price has fallen too rapidly and might be poised for a bounce or upward correction.
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Asset Backed Coin news

Banking on Change: UK Stablecoin Regulations and Market Dynamics
Key Takeaways The Bank of England (BoE) highlights potential risks associated with weakened stablecoin regulations which could affect…

US Senate Considers Michael Selig for CFTC Chair amid Changing Regulatory Landscape
Key Takeaways: Michael Selig, known for his pro-crypto stance, faces Senate scrutiny for the role of CFTC Chair,…

Coinbase and BVNK Abandon $2 Billion Deal: What Happens Next?
Key Takeaways A planned $2 billion acquisition by Coinbase of stablecoin firm BVNK has been mutually called off…

First US-Based Spot XRP ETF Poised for Launch: A Major Crypto Milestone
Key Takeaways: Canary Capital’s Spot XRP ETF: Canary Capital is on track to introduce the first US-based exchange-traded…

SoFi Bank Ventures Into Cryptocurrency: A New Era for Digital Finance Begins
Key Takeaways: SoFi, a nationally chartered bank, has introduced crypto trading for its U.S. customers. The bank aims…
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