Bitcoin 16% drop in trading volume ‘explainable,’ as price may fluctuate to $72K
It may be too early to judge Bitcoin’s performance for the rest of October as investors are “largely reactionary to macro events,” says a crypto analyst.
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New York Fed president says crypto poses challenging questions for central banks
John Williams responded to a presentation from Mark Carney, the former head of the Bank of Canada and Bank of England, about the potential for issuing central bank digital currencies. 682 Total views 2 Total shares New York Federal Reserve Bank President John Williams believes the emergence of cryptocurrencies poses a significant challenge to existing…
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Whale sells 1,010 NFTs in 48 hours: Nifty Newsletter, Feb. 22–28
In this week’s newsletter, read about how a whale sold 1,010 nonfungible tokens (NFTs) within 48 hours. The Blur NFT marketplace captured the space’s attention, and the manuscript that coined the term “metaverse” is being auctioned by Sotheby’s. In other news, find out users’ motivations behind their NFT purchases, and don’t forget this week’s Nifty…
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Bitcoin price hits $41K, then rejects after sellers defend the 200-MA
A breakout above $41,000 provoked selling near a key moving average but the move could just be a lower support retest. 3479 Total views 7 Total shares The overall mood of the cryptocurrency ecosystem is muted on June 15 with most altcoins trading flat while Bitcoin (BTC) bulls look for a daily close above $41,000…
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Bitcoin price dip may spur buying spree in BNB, AVAX, NEAR and OKB
Bitcoin sellers take the upper hand as BTC struggles to rally to $100,000. What will altcoins do?
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Poland financial regulator issues public warning about Binance
The cryptocurrency market is “neither regulated nor subject to supervision” to the Polish Financial Supervision Authority, the regulator said. 1146 Total views 8 Total shares As Binance faces scrutiny from regulators around the globe, Poland’s finance watchdog has issued a consumer warning about the cryptocurrency exchange.On Wednesday, the Polish Financial Supervision Authority (PFSA) published a statement on…
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ApeCoin geo-blocks US stakers, two Apes sell for $1M each, marketplace launched
United States-based ApeCoin (APE) holders could miss out on staking rewards after the U.S. was added to a list of regions geo-blocked from using an upcoming APE staking service.Blockchain infrastructure company Horizen Labs, which is building the site on behalf of the ApeCoin decentralized autonomous organization (DAO), revealed the news in a Nov. 24 update…
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PwC Partners with Decentralized Lending Platform to Provide Expertise in Stablecoin Launch
“Big four” audit giant PricewaterhouseCoopers (PwC) has partnered with decentralized lending platform Cred to provide tech expertise in the launch of their USD-backed stablecoin, the company announced on Monday, October 8.In the announcement, the professional services firm claimed that the new partnership is designed in order to boost the current market of U.S. dollar-pegged cryptocurrencies…
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Bitcoin Rewards App Lolli Responds to Alibaba’s Denial of Partnership
Bitcoin (BTC) rewards shopping app Lolli has responded to Alibaba’s denial of a partnership between the two companies following Singles’ Day marketing blitz.CEO of Lolli Alex Adelman refuted Alibaba’s denial of partnership with Lolli. In an email to Cointelegraph on Nov 17, Adelman maintained that Lolli did have a partnership with the Alibaba Group, saying:“We’ve…