The NEO price has recovered from its dip below $40 and looks set to advance further. NEO is one of the great survivors from the last mega upswing for crypto in 2017. NEO is a smart-contract platform based in China. It is this Asian provenance that makes we think makes it particularly attractive. That may …
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Bitcoin is currently knocking at the $40k resistance area after breaking out of a symmetrical triangle Bitcoin is yet to reclaim the 200-day moving average as support A failure to retest this crucial MA could result in a dip to $28k Bitcoin is at an inflection point with equal odds of a breakout higher or …
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The sharp decline in NFT sales and wallet activity has some people proclaiming the death of the non-fungible token space. The nonfungible token wing of the crypto space has declined even more rapidly than the broader market in the past month or so, after sales of NFTs sank 90% since they peaked in early May. Data …
BTC demand via Grayscale Bitcoin Trust is dropping for several key reasons. There is a reason why Grayscale Bitcoin Trust (GBTC) emerged as a benchmark to measure institutional interest in Bitcoin (BTC). Grayscale no longer the only option for investors The digital currency investment product was among the only ones that offered hedge funds, endowments, …
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Russia has officially legalized crypto trading this January but the government still doesn’t allow local banks to offer crypto services. Tinkoff, a major private bank in Russia, is struggling to offer cryptocurrency trading to its clients due to the central bank’s tough stance on digital assets. Tinkoff CEO Oliver Hughes said that the digital bank …
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One of the biggest Bitcoin critics, Russian official Anatoly Aksakov, said he wanted to buy Bitcoin before the ban, but the price was too high. Anatoly Aksakov, a member of Russia’s State Duma and a key spokesman for the country’s cryptocurrency legislation process, claimed that he has never owned any Bitcoin (BTC). Aksakov said that …
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Dogecoin is a meme-based token that has increased by 12,000% since the beginning of the year. One of the reasons behind Dogecoin’s price hike is Elon Musk, the Dogefather. As a major DOGE advocate, Musk has fuelled the token’s price surge through multiple tweet updates. DOGE’s all-time high was achieved on May 8 when the …
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NortonLifeLock has launched a new feature dubbed Norton Crypto Norton Crypto will enable users to safely mine crypto, specifically Ethereum Select users will be invited to mine Ethereum beginning today Norton Crypto aims at easing the process of mining crypto by providing a secure platform to do so NortonLifeLock, the parent company of the globally …
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The decentralized properties that make blockchain architecture unique can also be its Achilles heel, demonstrating the importance of bringing network governance on-chain to promote a more inclusive and democratized consensus on network upgrades. Governance Transformation Is the Key To Unlocking Decentralization’s Innovative Potential There are many bitter arguments over blockchains, whether involving how they should …
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The European Union (EU) will launch a digital wallet allowing citizens of any country in the bloc to make payments and access services provided by each state, also allowing for the storage of digital ID information. The wallet, which will reportedly be launched next year, could be tied in with the digital euro project, a …
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Daymak, a Canada-based electric vehicle company, has announced the Daymak Spiritus, an electric car that will be able to mine cryptocurrencies. According to the specs, it will also feature solar charging to lessen the load on the battery while driving. The company, which has only offered the car for 60 days, claims to have managed …
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Three leading cryptocurrency exchanges from South Africa recently confirmed receiving a request for client data from the country’s revenue collector. In a joint statement, the exchanges, (namely Altcointrader, Luno, and Valr) said this request, which targets a “selection of customers”, has been made “in terms of section 46 of the (South African) Tax Administration Act.” …
The financial watchdog of the United Kingdom, the Financial Conduct Authority (FCA), has extended the period for crypto firms in the country to register their operations and come into compliance with its anti-money laundering (AML) and other requirements. In a press release issued today, the financial regulator confirmed that the Temporary Regulatory Regime (TRR) for existing …
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Arcx has launched a new version of its “DeFi Passport,” Sapphire, promising the pseudonymous on-chain credit check will enable new decentralized finance products. Decentralized finance (DeFi) protocol Arcx has announced the launch of Sapphire v3, a DeFi passport allowing crypto users to pseudonymously build and verify their reputation on-chain. Announced June 2, the DeFi passport …
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Ripple believes records held by offshore exchanges will prove its executives did not violate Section 5 of the Securities Act by offloading XRP on the U.S. public. Ripple CEO Brad Garlinghouse and co-founder Chris Larsen, have filed a motion requesting the U.S. Securities and Exchange Commission investigate Bitfinex’s parent company, iFinex, and 14 other international …
