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As the holiday shopping season progresses, scams are surging globally, with authorities warning consumers to remain vigilant. Reports indicate that scammers are employing sophisticated tactics, including fake websites and phishing messages, to exploit shoppers eager for deals. Major tech companies and cybersecurity firms are ramping up efforts to combat these threats.
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President-elect Donald Trump has nominated Paul Atkins, a former SEC commissioner and crypto advocate, to lead the Securities and Exchange Commission. This move aligns with Trump's goal to reshape U.S. cryptocurrency regulations, coinciding with Bitcoin surpassing $100,000, reflecting a significant shift in the regulatory landscape for digital assets following Trump's election victory.
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Bitcoin recently reached a record high of $108,315, driven by optimism surrounding President-elect Donald Trump's pro-crypto stance. As traders anticipate a Federal Reserve interest-rate cut, the overall crypto market value nears $4 trillion. However, volatility persists as Bitcoin fluctuates around $106,400 as of Wednesday morning in Singapore.
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Bitcoin has reached a record high of over $103,000, driven by optimism surrounding the incoming Trump administration's pro-crypto policies and the appointment of Paul Atkins as SEC chair. Analysts predict further growth, with Bitcoin potentially hitting $200,000 by late 2025 as institutional interest and ETF investments rise.
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President-elect Trump is reshaping the tech landscape by appointing David Sacks as the White House A.I. and Crypto Czar. This move signals a shift towards deregulation in technology and cryptocurrency, aiming to enhance America's competitiveness in these sectors. Key tech leaders are aligning with Trump's administration, indicating a significant transformation in federal policy.