Even with no physical headquarters and seemingly few regulations affecting its business practices, Binance could reportedly be worth three times as much as Coinbase if it were to go public today. According to a Thursday report from the Wall Street Journal, former executives of the major cryptocurrency exchange estimated that Binance could be worth up to …
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Bitcoin Price Prediction – November 11 After touching the daily high of $65,600, the Bitcoin price drops over 0.46% as it trades around $64,725 level. BTC/USD Long-term Trend: Ranging (Daily Chart) Key levels: Resistance Levels: $70,000, $72,000, $74,000 Support Levels: $60,000, $58,000, $56,000 BTCUSD – Daily Chart Buy Bitcoin Now BTC/USD is seen hovering below …
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Avalanche price has dropped 5% to $88 as more losses are in the offing. The correction was quick and sharp and bulls attempt to push the price above the flag. A bullish breakout would see AVAX rise above $100 as price discovery continues. Avalanche price has been attempting recovery following a correction that threatens to …
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We have decided to vote for Option A in Governance Period 1, Algorand’s first and ongoing governance vote. Voting will conclude on November 14. We thought it might be useful to publish why we are voting this way and hope to contribute to what is already an extremely vibrant community discussion. Governance Period 1: What …
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November 11, 2021 – Singapore, Singapore The Clear protocol (Clear), a DeFi derivative platform that allows users to build customized derivative products, has raised $2.5 million from Huobi Ventures, Kronos Research, SpringWind Ventures, Double Peak Group, Markarian Capital, Gate.io Labs, VRM, Hoo Cub Fund, AC Capital, DWeb3 Capital, Foresight Ventures, AlphaCoin Fund, NFVentures, Mintable Fund …
November 11, 2021 – Singapore, Singapore Orbs is once again disrupting the blockchain with an entirely new proposition – that is to augment the architecture of a multichain interoperable infrastructure, which works in parallel with all the major layer 1 and layer 2 chains, like BSC, Ethereum, Solana and Avalanche, and the apps that sit …
Pantera Capital CEO Dan Morehead says Bitcoin (BTC) is entering “a new price era” as the value of the US dollar crumbles. Morehead notes in a new Blockchain Letter that inflation is at a 30-year high, and housing affordability has plummeted to its worst level in over 15 years. The chief executive writes, “The market …
One under the radar cryptocurrency-powered payment app that’s been gaining traction across Latin America is Reserve. The platform acts as a convenient way for people to convert their local currencies, which may be undergoing high inflation levels, to the United States Dollar via the Reserve stablecoin (RSV). The network also features the Reserve Rights token …
The Russian State Hermitage Museum continues diving in the nonfungible tokens (NFTs) industry by debuting its first fully-virtual exhibition of digital art. Shortly after raising over $400,000 via its first NFT auction on Binance in September, the Hermitage is now hosting a free exhibition of NFT artworks existing exclusively in the virtual space, the so-called …
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United States crypto exchange FTX US registered a large uptick in trading volumes and investor activity during the third quarter, underscoring heightened retail appetite for digital assets amid the volat bull market. FTX US saw average daily volume grow 512% for the quarter ending in September, with peak volumes hitting $807 million on Sept. 7, …
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The Joint Economic Committee, which includes Republican and Democratic members of both the U.S. House of Representatives and Senate, will be holding a hearing on the role of government concerning crypto. According to the Joint Economic Committee’s, or JEC’s schedule for next week, congressional members will be listening to industry experts speak at a hearing …
Continue reading “US Congress plans ‘demystifying crypto’ committee hearing for Nov. 17”
Tesla’s CEO, Elon Musk, has sold $5 billion worth of Tesla shares. The sale comes a few days after Musk took to Twitter and posted a poll asking his 62.8 million followers to sell 10% of his stake in Tesla. The majority of the responses on the poll agreed that Musk should indeed sell his …
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China’s digital yuan is making major strides despite only being in its trial phases. Shortly after an executive from the People’s Bank of China announced that the number of individual digital yuan had surpassed 140 million, the CBDC will be used in one of the greatest shopping festivals. JD.com has announced that it will be …
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Nigeria has previously announced a ban on cryptocurrencies, but crypto trading activity is still high. Now banks have started to monitor customer accounts to identify any crypto trading activities. The recent course of action comes shortly after the Central Bank of Nigeria demanded all commercial banks to freeze the accounts of two persons believed to …
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Social media giant Twitter has announced the formulation of a crypto unit to manage its blockchain and crypto-related divisions. Twitter further states “that it wants to figure out what crypto can do for Twitter” and is ready to pool substantial funds to enhance and explore the decentralized technology. The newly formed crypto team will be …
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