While gains are still being made across the entire crypto market, some cryptocurrencies are taking the lead by making double-digit gains in the past 24 hours. QTUM is among these coins, and it is on a steady rise to make new monthly highs. The coin is trading at $10.58 at the time of writing after …
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Most of the crypto market is currently green, as bitcoin has reached $43K, while ETH is inching closer to $3,000. Altcoins are mimicking BTC’s trend, and they are on a massive upswing. Ravencoin is among the best performing altcoins in the market after amassing huge gains. Ravencoin is trading at $0.1 at the time of …
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Cardano (ADA) just became one of the rare tokens that succeeded to receive approval to be listed on crypto exchanges in Japan. Big boost to Cardano’s legitimacy According to Sebastien Guillemot, CTO of dcSpark, a blockchain company that builds software products on Cardano, Japan has draconian rules for listings on crypto exchanges and the importance …
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The Monetary Authority of Singapore (MAS) has notified several providers of digital payment services that they will be licensed to operate in the city-state. The move, which comes after the approval of a crypto exchange for a license, secures Singapore’s status as Asia’s crypto hub, industry observers say. Digital Payment Service Providers to Be Authorized …
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The quantity of monthly USD value transferred from seven leading non-fungible token (NFT) marketplaces has reached a total of $356 million during the first week of August. Currently, the project Cryptopunks is leading the pack when it comes to NFT project sales. Meanwhile, the marketplace Opensea captures the lion’s share of transferred value as the …
Residents of Ukraine will be able to legally keep, exchange, and spend cryptocurrencies once the new virtual assets law is adopted. The legislation will comprehensively regulate the crypto space, possibly lower taxes for Ukrainians and create conditions for new services, a government official revealed. New Regulations to Create Market for Crypto Services for Ukrainians Ukrainians …
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A low-cap altcoin is having an incredible week, surging 5,900% in just seven days on the heels of two key catalysts. Alchemy Pay (ACH) skyrocketed from a low of $0.003 to a high of $0.18 in seven days, representing just under 6,000% gains for holders who were able to ride the rally from trough to …
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It’s no secret that Coinbase has played an instrumental role in bringing new users into the crypto space. Coinbase’s friendly onboarding process and status as a publicly traded company allow it to appear as a more traditional investment platform to non-crypto savvy investors, leading to greater trust. However, it seems almost weekly that another article hits …
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After a slight delay on the initial rollout date, the Ethereum London hard fork went live on Thursday at approximately 13:00 GMT. Speaking on the upgrade, Ethereum co-founder Vitalik Buterin said the launch’s success is evidence that the ecosystem can make significant changes for the better. Buterin’s comment was directed at naysayers who doubt the …
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It’s a “green” weekend for the crypto market today as most major digital assets are seeing daily gains. Over the past couple of days, a lot of eyes have been glued to Ethereum’s (ETH) price movements since the blockchain underwent a massive network upgrade called London on Thursday. Among other improvements, it also introduced a …
Continue reading “Ethereum (ETH) breaks above $3,000 as Bitcoin (BTC) breaks above $44,000”
The president of Fidelity Digital Assets, the crypto arm of Fidelity Investments, says that crypto is “its own unique asset class.” He revealed, “We and others are very engaged with regulators … to bring this asset class into the mainstream.” Fidelity Sees Long-Term Interest in Crypto Assets Among Institutional Investors Fidelity Digital Assets President Tom …
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The U.S. Securities and Exchange Commission (SEC) has taken its first enforcement action involving decentralized finance (defi). The commission has charged a defi platform and its executives for unregistered securities sales of more than $30 million and misleading investors. SEC’s 1st Enforcement Action Involving Decentralized Finance The SEC announced Friday that it has taken the …
After a 13% rise in two days, Bitcoin’s (BTC) market capitalization surpassed $800 billion to reach its highest value in 79 days. During the same timeframe, Ether (ETH) accumulated a 45% gain in two weeks, placing the network’s market capitalization at $340 billion. Positive expectations for the London hard fork and its potential deflationary effect …
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A popular crypto trader is analyzing possible future price action for Bitcoin (BTC), Ethereum (ETH) and Cardano (ADA). Widely followed crypto strategist and market analyst Michaël van de Poppe tells his 111,000 YouTube subscribers that he sees Bitcoin rallying as it takes out its immediate resistance at $42,000. ADVERTISEMENT “Through which breaking above this …
Cardano (ADA) founder Charles Hoskinson recently addressed the new provision in the bipartisan bill that proposes stricter tax regulation on crypto transactions, intended to contribute to the historic infrastructure funding. Following his prompt reaction on Twitter, where he addressed the seriousness of the new provision, in his most recent live stream, Hoskinson pointed out the …
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