A Decline in Value Throughout 2023, various sectors in the cryptocurrency market have witnessed significant gains. However, privacy-centric crypto tokens have lagged behind their counterparts in terms of performance. Over the past ten months, the market value of the privacy cryptocurrency sector has declined by $440 million, indicating a notable downturn. Current Market Value As […]
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SEC's Advice on Spot Bitcoin ETFs The Securities and Exchange Commission (SEC) has offered specific guidance to exchanges regarding the listing and trading of spot bitcoin exchange-traded funds (ETFs). This development has been hailed as "real progress" by insiders in the crypto industry, as it brings much-needed clarity to the cash vs in-kind debate. According
SEC Provides Guidance on Spot Bitcoin ETFs, Fueling Hope for Approval Read More »
Introduction A member of the German Bundestag, Joana Cotar, recently expressed her support for making Bitcoin a legal tender in Germany. In an exclusive interview with Cointelegraph, Cotar highlighted the need for a legal framework that officially recognizes Bitcoin as a legitimate form of payment in the country. Promoting Legalization Cotar believes that legalizing Bitcoin
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A Game-Changer in Sports and Finance StocksFC, the Ethereum-based football stock market platform, has witnessed phenomenal success since its launch six months ago. It has transformed the sports investment landscape, offering football fans an unprecedented opportunity to monetize their knowledge of the game. Unrivalled Profits and Portfolio Power Since its inception, StocksFC has experienced a
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The NPS Expands into Cryptocurrency Sector The National Pension Service of South Korea, the world's third-largest pension fund, has made its first move into the cryptocurrency sector. Regulatory filings with the U.S. Securities and Exchange Commission (SEC) reveal that the NPS acquired 282,673 shares of Coinbase Global in the third quarter of 2023, at a
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Star Atlas, a pioneer in the fusion of gaming and blockchain, has achieved a significant milestone with the listing of its ATLAS token on LBank. This marks a new chapter in its journey and has sparked a surge in market interest, resulting in a 60% increase in ATLAS's value. Investors and gamers alike are drawn
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Bitcoin (BTC) experienced a notable shift in value between November 16 and 17, 2023, with a price swing from $35,579 to $37,904 within a 24-hour period. Currently, the market activity has stabilized, and bitcoin is trading at $36,387 per unit. The Current State of Bitcoin As of November 17, 2023, bitcoin is hovering at $36,387
Bitcoin Technical Analysis: BTC Faces Resistance at $38K Level Read More »
Ethereum's Market Behavior Ethereum (ETH), the second-largest cryptocurrency by market capitalization, experienced a downturn on Friday, dropping 4.7% against the U.S. dollar. Over the previous week, it has seen a decline of 6.6% in its value. The trading dynamics on November 17, 2023, showcased a complex blend of factors influencing ethereum's market behavior. Stability Amidst
Ethereum Technical Analysis: ETH Slips 4%, Traders Eye Critical Support With Caution Read More »
Bitcoin Mining Pools Control Majority of Hashrate Crypto analyst Chris Blec recently raised concerns about the dominance of two major mining pools in the Bitcoin network, which now control over half of the total hashrate. Blec suggests that this concentration of power could lead to the transformation of the bitcoin mining industry, with regulatory standards
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Tether's Mining Ambition: A $500 Million Venture into Crypto's Core Tether Holdings Ltd., the leading issuer of stablecoins in terms of market value and trade volume, has announced its ambitious plans to enter the mining industry. CEO Paolo Ardoino revealed that the company intends to invest approximately $500 million into its mining business over the
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