Quick take: 14 Ethereum addresses with no NFT history purchased 159 Meebits between March 5th and March 11th These purchases were before Yuga Labs acquired the Meebit collection created by Larva Labs The transactions have raised accusations of insider trading However, NFTs and cryptocurrencies are yet to be fully regulated 14 new Ethereum (ETH) addresses …
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Quick take: Time magazine has released its first-ever full magazine issue as an NFT Ethereum’s Vitalik Butern featured on the cover of the NFT issue of Time magazine Vitalik discussed the future of crypto including the dangers of overeager investors and the potential for Ethereum to change the world Time magazine has released its first-ever …
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Bitcoin Price Prediction – March 19 The Bitcoin price prediction increases during the European session, but despite the retreat, the market is still moving sideways. BTC/USD Long-term Trend: Ranging (Daily Chart) Key levels: Resistance Levels: $47,000, $49,000, $51,000 Support Levels: $37,000, $35,000, $33,000 BTCUSD – Daily Chart Buy Bitcoin Now BTC/USD retreats as the bears …
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The Kiln testnet was launched on the 10:th of March, and developers have now successfully completed a transition from the proof-of-work consensus mechanism to the looming proof-of-stake mechanism that the real Ethereum mainnet will merge to sometime this year. With Kiln being the final testnet, there seem to be no major obstacles for the developers …
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Bank of Russia has recommended commercial banks pay heightened attention to their clients’ transactions related to cryptocurrencies. The regulator requires the financial institutions to monitor such activity against the backdrop of restrictions on currency operations amid western sanctions. Monetary Authority Urges Banks to Control Spending Linked to Crypto Assets The Central Bank of Russia (CBR) …
While the second-largest crypto asset by market cap has gained more than 15% in value against the U.S. dollar during the last week, the number of ethereum stored on exchanges has dropped significantly during the last few weeks. In less than two years, more than 29% of the ether held on exchanges has left centralized …
Crypto markets were mainly in the green on Saturday, with AVAX, RUNE and ZEC being some of the notable gainers. Apecoin traded lower during its third session, falling by as much as 13%, following back-to-back gains. Avalanche (AVAX) LUNA, WAVES, and FTM were all trading over 10% on Saturday, however it was AVAX that was …
Sam Bankman-Fried’s FTX is partnering with AZA Finance to expand the use of digital currencies and Web3 in Africa. Through this arrangement, the two companies will also work to “onboard African NFTs and artists onto the FTX NFT marketplace.” Bolstering Adoption of Web3 and Crypto in Africa Hong Kong-based cryptocurrency exchange FTX recently announced the …
Ethereum rallied on Saturday, as the world’s second-largest cryptocurrency moved closer to the $3,000 level. The global crypto market cap was over 4% higher as of writing, with bitcoin climbing by nearly 3.5%. Bitcoin Bitcoin (BTC) climbed above $42,000 for the first time in ten days to start the weekend, as cryptocurrencies rallied, following a …
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The chief executive of a crypto-focused hedge fund thinks mass adoption could drive the price of Bitcoin (BTC) up to $400,000 in as little as three years. Pantera Capital CEO Dan Morehead says in a new interview with Bloomberg TV that BTC’s price appreciation is based on basic “Econ 101 Supply and Demand.” “Every two …
Let’s say you want to lose your Bitcoin (BTC) totally, irretrievably and forever. Hey, it’s not our place to wonder why. Maybe it’s part of some elaborate performance art piece, like the guy who destroyed all his possessions or perhaps you’ve always been big fans of electronic music outfit The KLF, who famously burned 1 …
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On March 11, the United States Department of Labor warned employers that sponsor 401(k) retirement plans to “exercise extreme care” when dealing with cryptocurrencies and other digital assets, even threatening to pay extra legal attention to retirement plans with significant crypto investments. Its rationale is familiar to any crypto investor: The risk of fraud aside, …
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As an old saying goes: Buy the rumor, sell the news. As a digital-native asset class, the prices of cryptocurrencies are clearly susceptible to market-moving news developments that instantly spread on the internet. Staying on top of bullish announcements can help crypto traders reap huge gains, but navigating the crypto news landscape can be daunting. …
BTC Price Holds Above $40K as Bitcoin Struggles Below $42K– March 19, 2022 Bitcoin has continued to trade in the bullish trend zone as Bitcoin struggles below $42K. On March 16, BTC/USD’s price rebounded and remained above the $40,000 Psychological price level. The price has stabilized above the $40,000 high with the presence of small …
Blockchain analytics firm IntoTheBlock says the recent mass migration of Ethereum (ETH) away from crypto exchanges suggests a rally for the leading smart contract platform might be on the horizon. In a new tweet, analysts at IntoTheBlock say that a massive withdrawal of over 180,000 Ethereum tokens worth $531 million from crypto exchanges in 24 …
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