In recent cryptocurrency news, Toncoin (tone) was faced with an important setback after water regulators refuted the assertions that the implementation of cryptocurrency could qualify individuals for the golden visa program of the United Arab Emirates. After a brief increase at $ 3.03, the value of tone fell to $ 2.84, reflecting a drop of 6%. Meanwhile, analysts noted that despite the substantial institutional purchases of Bitcoin by figures like Michael Saylor, the global punctual demand decreases, leading to the stagnation of the price of bitcoin. Standard Charterred maintains an upward perspective with a price target of $ 200,000 for BTC. In other news, the Azoria investment company has delayed the launch of its FNB focused on Tesla due to concerns about the new political party of Elon Musk, which has raised apprehensions of investors on Tesla leadership. In addition, a Canadian pursues Rogers Communications on a SIM card hacking which led to the loss of 12.58 bitcoins, highlighting continuous safety problems in the cryptocurrency space. While Bitcoin is negotiated below 109,000 USDT, the market remains cautious in the midst of these developments.
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