The recent approval of several spot Bitcoin exchange-traded funds (ETFs) by the SEC was expected to usher in an era of mainstream adoption and sky-high prices for the flagship Cryptocurrency. Instead, Bitcoin has crashed over 20% from its 2024 high of $49,000 to just under $39,000 at the time of …
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After a year-long winter accompanied by massive losses in the mining sector, the recent Bitcoin recovery is a relief to miners. Moreover, the Bitcoin price rally has rubbed off on crypto mining stocks as they witness the highest performance in the past year. In the 2022 bear market, public crypto …
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European Union law enforcement agencies have joined forces to crack down on notorious cross-border crypto scammers. Eurojust and Europol have been working with Bulgaria, Germany, Cyprus, and Serbia to catch online investment fraudsters since July 2022. Latest reports revealed that the scammers have changed their strategies and started to defraud …
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After the collapse of the popular blockchain network Terra, developers have been trying to revive it; many reforms have already taken place to sustain the Terra Classic (LUNC and prevent further collapse). Terra Classic, the original blockchain, was forked to create Terra (LUNA). Among these reforms is a recent integration …
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The cryptocurrency market continues to show signs of improvement. Bitcoin, the number one cryptocurrency, has continued its price upswing as its breaks above its 200-day moving average. In addition, the market generally has recovered, as crypto enthusiasts believe the crypto winter is close to its end. The U.S. Consumer Price …
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Visa has supported a partnership by Huobi and Solaris to allow their European users to make payments from their crypto account using Visa-backed debit cards. Creating diverse payment options (with both fiat and digital currencies) as Blockchain innovations evolve has become part of the mission of many financial institutions. Visa, …
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Polkadot provides interoperability among several blockchains for users while maintaining high scalability and speed in processing transactions. Also known as a multichain network, Polkadot supports many parachains, enabling developers to build their blockchains seamlessly. Several blockchain projects exist in the decentralized finance (DeFi) sector. These platforms usually emerge with different …
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The plaintiffs in a class action lawsuit against TerraUSD and its affiliated companies voluntarily dismissed their case on Monday. Matthew Albright filed the lawsuit on behalf of others against Terraform Labs (TFL), Pte Limited, and other affiliates in the Southern District of New York Court in August 2022. The plaintiffs …
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ADA price is recovering after hovering around $0.25 for one month. The Cardano’s native token has fired up with a nearly 30% price surge since the advent of the New Year. The hype around Cardano’s upcoming stablecoin DJED launch could be among the factors pushing ADA’s price forward. The news …
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