Terra, in recent weeks, has emerged as one of the best-performing digital assets, with its price-performance outpacing the majority of its competitors. The network, however, made a startling revelation recently through its CEO, Do Kwon, who stated that they would be purchasing $10 billion Bitcoin to Luna reserve. According to Kwon’s announcement, Terra would be …
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Canadian authorities have only managed to seize roughly 30% of the 20.7 Bitcoin donated to support the Freedom Convoy protest, which came to an end almost a month ago. A joint task force comprising the Ottawa Police Service (OPS), Ontario Provincial Police (OPP), and RCMP is in charge of recovering the donated crypto but has …
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The American financial technology (fintech) firm Acorns has announced customers now have the option to add bitcoin exposure via the Proshares Bitcoin Strategy ETF (BITO). Acorns’ clients can now allocate up to 5% of their funds into BITO. Acorns Customers Can Add Bitcoin Exposure to Their Portfolios U.S. fintech company Acorns detailed on Tuesday that …
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The largest digital currency asset manager in terms of assets under management (AUM), Grayscale Investments, has announced the launch of a smart contract fund that is compiled of ethereum competitors. The fund called “GSCPxE” holds seven different smart contract coins and it’s Grayscale’s 18th investment product to date. Grayscale Launches GSCPxE — Fund Holds Cardano, …
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Ethereum rose to a one-month high above $3,000 on Tuesday, as the global cryptocurrency market place rose by nearly 4%. Bitcoin was also higher during today’s session, moving to its highest point in over three weeks. Bitcoin Bitcoin rose to its highest level in three weeks on Tuesday, as the world’s largest cryptocurrency climbed beyond …
The Spanish ombudsman has been receiving complaints about cryptocurrency and how some Spanish citizens investing in these vehicles have lost everything. In his annual report, Angel Gabilondo recognized the rise of cryptocurrencies as a new problem due to the little or no regulation crypto sees in the country. In the same way, the EU has …
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sponsored Investors from all over the world are looking for the freshest projects to increase their returns. They might come across the MARS4 project that has been continuously growing and appearing on more and more platforms. Now listed on PancakeSwap, MARS4 is more accessible than ever as it became a multichain project. What is MARS4? …
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Cryptocurrency exchange Gemini has announced that the Central Bank of Ireland has issued the company an electronic money license to operate. This will become the 18th organization to receive such a license from the Irish regulator. Fintech firms Meta, Square, Stripe, and Coinbase are already enjoying such licenses in Ireland. Gemini applied for the license …
Stronghold Digital Mining has come up with an innovative way to generate electricity to mine Bitcoin rather than relying on the electricity network in the U.S. The company is reportedly using coal waste to power its supercomputers, as it aims to use a byproduct, reducing the level of pressure on US national energy network. This …
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Coinbase is unveiling a new way for users to participate in the realms of decentralized finance (DeFi) and non-fungible tokens (NFTs) with just a few clicks. In a new blog post, The US-based crypto exchange says that it is launching Coinbase Pay, a new platform to make it “easy and intuitive” for users to buy …
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A widely followed crypto trader says he sees sustained rallies for Bitcoin (BTC), Ethereum (ETH) and Cosmos (ATOM). Pseudonymous crypto strategist Inmortal tells his 147,000 Twitter followers that he’s looking at the inverse chart of Bitcoin and sees BTC grinding higher in the coming months. “How is this pattern called? Bitcoin.” Source: Inmortal/Twitter Looking at …
Digital asset manager Grayscale Investments has unveiled a new cryptocurrency fund dedicated to smart contract platforms excluding Ethereum, underscoring growing investor appetite for alternative blockchain networks. The Grayscale Smart Contract Platform Ex-Ethereum Fund, also known by the ticker symbol GSCPxE, is the company’s 18th investment product. The fund will provide exposure to seven smart contract …
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Sheila Warren, CEO of the Crypto Council for Innovation and former head of data, blockchain and digital assets at the World Economic Forum, said the digital yuan may present certain challenges for the United States. However, regulators and lawmakers may want consider how to encourage digital innovation, as China is already “massively tech forward” for …
Bitcoin (BTC) showed signs of wanting higher levels still on March 22 as Wall Street trading saw a return above $43,000. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView Terra co-founder: ‘Most of’ $3 billion still unpurchased Data from Cointelegraph Markets Pro and TradingView followed BTC/USD as it continued its newly confident stride to three-week highs. The …
Ethereum’s native token Ether (ETH) rose above $3,000 on March 22 as fresh data suggests Three Arrows Capital staked at least $110 million worth of ETH into Lido’s liquidity pools. The Singapore-based hedge fund manager provided liquidity worth 36,401 ETH to Lido’s “Curve stETH pool” using a third-party Ether wallet, data from Etherscan shows. As a result, it …
