Bitcoin (BTC) crashed to just $8,100 on Oct. 21 — but only if you were trading on Binance’s dedicated United States exchange, Binance.US. On Oct. 21, Binance.US suddenly printed a one-minute candle that took BTC/USD from $65,815 to $8,200 — a drop of 87%. “Shouldn’t be happening” In what traders call a “scam wick,” the …
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The Iota Foundation has announced the release of its beta version smart contract functionality, with the objective to solve market challenges of scalability limitations and high transaction fees, as well as reportedly debuting components not witnessed thus far in the space. Iota’s nonprofit foundation is focused on open-source research and development initiatives to drive adoption …
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FTX, one of the largest cryptocurrency exchanges in the world, has raised $420 million in fresh funding, bringing its total valuation to $25 billion. The firm officially announced Thursday that FTX’s operator, FTX Trading, has completed a new Series B-1 fundraise involving 69 investors, including Ontario Teachers’ Pension Plan Board and Singapore’s state investment firm Temasek. …
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Crypto trader and Altcoin Daily host Austin Arnold thinks six major altcoins are gearing up for massive rallies in the next year. In a recent crypto update, the YouTube star tells his 1,040,000 subscribers that Ethereum layer-2 (L2) scaling solution Polygon (MATIC) is gaining momentum after landing a partnership with the $20 billion gambling company …
Russian oligarch Oleg Deripaska has once again called on the Russian government to stop ignoring Bitcoin (BTC) after the United States Federal Bureau of Investigation raided his homes in Washington and New York. In a Telegram post on Thursday, Deripaska argued that the Bank of Russia has been “infantile in ignoring the growing cryptocurrency market,” …
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Bitcoin (BTC) broke its all-time high price level following the launch of ProShares’ Bitcoin Strategy exchange-traded fund (ETF), BITO, on Tuesday, but JPMorgan Chase strategists believe the key driver behind the price jump is investor concern over inflation. The BITO launch, which saw the highest-ever first-day natural volume for an ETF, is “unlikely to trigger …
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Bitcoin (BTC) passed $66,000 again on Oct. 21 after fresh macro turbulence sparked a retest of previous all-time highs. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView Evergrande fails to hold Bitcoin bulls back Data from Cointelegraph Markets Pro and TradingView showed BTC/USD recovering from a dip to $64,000 overnight. The move had come in step …
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In May, mainstream cryptocurrency prices plummeted in May and the industry’s Total Value Locked (TVL) fell below $90 billion due to the impact of national policies in several countries. After the mid-year selloff, the crypto market once again saw an even tougher policy challenge in September, with several countries stepping in to introduce various regulations. …
85% of DeFi users are riding the NFT wave, with US collectors leading the front Non-fungible tokens (NFTs) have gained popularity over the last two months, according to DappRadar, a data acquisition and analysis company that tracks decentralized applications (dapps) across multiple blockchains, which attracted more than 500,000 users during July 2021. 2 min read …
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According to FT, some Chinese investors are defying China’s crypto ban by turning to decentralized exchanges (DEXs). Rather than accept notices of account closure from centralized exchanges (CEXs), diehard investors are looking at DEXs to continue trading crypto. What’s more, as pointed out by some, authorities cannot stop DEXs and DeFi when the protocols are …
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$5 trillion asset manager Fidelity applies for Bitcoin ETF FD Funds Management, a subsidiary of Fidelity Investments (which manages over $4.9 trillion in assets), yesterday filed a preliminary registration with the United States Securities and Exchange Commission (SEC) to launch a Bitcoin (BTC) exchange-traded fund (ETF). 2 min read → Go to Source
After the Proshares Bitcoin Strategy exchange-traded fund (ETF) listed and smashed records in the first two days of trading, Vaneck’s bitcoin futures ETF was given the green light to start trading next week. Furthermore, sources say that the Valkyrie Bitcoin Strategy ETF is set to launch this week with a possible listing on Friday. Proshares …
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A sizable majority of young investors seeking high-risk opportunities are motivated by competition and hype, a new survey has indicated. They often turn to cryptocurrency and forex products, according to the poll conducted by the U.K.’s financial regulator. FCA Launches ‘Investsmart’ Campaign Targeting Risk Prone Investors The U.K.’s Financial Conduct Authority (FCA) has carried out …
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On Wednesday, the global developer utilizing popular brands, gamification, A.I., blockchain, non-fungible tokens (NFTs), and mobile technology, Animoca Brands announced the company has closed a capital raise for $65 million. Animoca Brands now has an overall valuation of $2.2 billion after raising funds from firms like Liberty City Ventures, Ubisoft Entertainment, Sequoia China, and Dragonfly …
sponsored There was a time when space travels showed only on screens and dreams about Mars seemed out of this planet. Welcome to the present, then it has become real. Now You can own a piece of the Red Planet by participating in the Mars Land NFT sale running on Ethereum. Touch the red earth, …
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