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Asian Governments Are Impulsively Issuing Extreme Precautions before Purchasing Cryptocurrencies
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Bitcoin rallies – alts now off the leash
After almost two weeks of a downward trend Bitcoin has bounced back and is now looking to break this trend. Altcoins have also rebounded strongly and have already made up more than half of the losses sustained in the downturn. The sea of red across the cryptocurrency market has finally turned green. From its highs […]
DeFi Ecosystem Continues to Grow at an Enviable Pace
The ecosystem of decentralized finance (DeFi) is on a roll. It is among the most rapidly growing segments in the cryptocurrency sphere. According to the latest DeFi News, the total number of wallets in the DeFi has crossed the two-million milestone. Dune analytics (a platform involved in mapping and analyzing cryptocurrency platforms) released the figure […]
Bitcoin Recuperates After its Previous Drop
On Monday, Bitcoin tumbled to the least in over seven weeks as it kept on battling with the $50K level and close by technical. The biggest digital currency dropped down to $47,079 before bouncing back. It fell beneath the 100-day progress toward the end of last week interestingly since early October after JPMorgan Chase and […]
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Tether’s market cap hits $50B as stablecoin adoption grows
The 50 billionth USDT token has been minted, Tether has confirmed. The market capitalization of Tether (USDT), the world’s largest stablecoin, zipped past $50 billion on Monday, in a sign that the cryptocurrency bull market was still heating up. Tether Operations Limited confirmed the milestone on Friday, with roughly 50 billion USDT now reported to […]
5 things to watch in Bitcoin this week as greed and leverage get ‘flushed out’
Bitcoin begins the new week above $50,000 after a relatively boring weekend. Bitcoin (BTC) is keeping bulls and bears guessing as it opens a new weekly candle in the green, heading away from $50,000. After an uneventful but uninspiring weekend, BTC/USD has begun Monday by reclaiming $53,000 for the first time since April 22. What […]
South Korean Prime Minister nominee to look into controversial crypto tax law
South Korea’s crypto tax law continues to face significant opposition from cryptocurrency proponents in the county. Kim Boo-kyum, recently nominated as Prime Minister by South Korea’s President Moon Jae-in, has said he will look into the country’s crypto tax law. According to a report by KBS World, the Prime Minister nominee is keen to ensure […]
Crypto exchange Binance to offer tokenized stocks of Apple, Microsoft, and MicroStrategy
Cryptocurrency exchange Binance will gradually list tokenized shares of tech giants Apple (AAPL), Microsoft (MSFT), and MicroStrategy (MSTR) on its trading platform over the coming week, according to an announcement published today. New Stock Tokens to Be Made Available on https://t.co/QILSkzOI1K (2021-04-26) https://t.co/4k1wZViyIp pic.twitter.com/9om3JP98es — Binance (@binance) April 26, 2021 Akin to stablecoins, stock tokens […]