Crypto exchanges in South Korea have been issued notices from police requesting the sequestering of funds related to the Luna Foundation Guard. On May 23rd, 2022, Korean authorities sent a request to the top crypto exchanges in the country to prevent funds from being withdrawn. Specifically, the Seoul Metropolitan Police Agency asked to prohibit the …
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Core Ethereum (ETH) developer Tim Beiko has outlined a series of suggestions and expectations about the upcoming Merge for applicatio and protocol developers on Ethereum. For the average users of apps and protocols, Beiko simply suggested testing things out to ensure nothing is broken as more tests are executed. He tweeted on May 24 “Run …
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Tl;dr: Coinbase Wallet makes it simple to trade tokens on your choice of network. This month, we expanded our trading features to support token swaps on BNB Chain and Avalanche. By Catherine Shyu Sullivan, Senior Product Manager More than $1 trillion were traded on decentralized exchanges (DEXs) in 2021 — a staggering 858% increase from …
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Solana has been currently trading within a consolidation phase. Despite a recovery on charts, the coin is trading at the level it last traded in the month of August, last year. Over the last few days, the coin observed lateral price movements. Usually after a consolidated phase, it can be assumed that the altcoin could …
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On Monday, the cryptocurrency and Bitcoin market turned positive, attempting to break out of its current downturn, with market capitalization rising 1.5% to $1.37 trillion. The largest cryptocurrency, Bitcoin , reached $30,554, up 1.2%. Bitcoin Price Sheds Gains The Bitcoin price’s downhill movement is becoming increasingly apparent. A rally towards $33,700 is possible. For nearly …
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Bitcoin for the past two months has been closing consecutive weeks in the red. The previous week had seen it close its seventh consecutive weekly candle for the first time in history, and although investors hoped that this would end with a reversal, the digital asset has gone on to mark another week in the …
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On-chain data shows the Bitcoin taker buy/sell ratio is now approaching a crossover with the “1” level, a sign that could be bullish for the crypto’s price. Bitcoin Taker Buy/Sell Ratio Observes Rise, Almost Reaches A Value Of 1 As explained by an analyst in a CryptoQuant post, signs may suggest that a local top …
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Bitcoin is moving sideways after a major bear assault took it below its 2021 low. The first crypto by market cap seems to be displaying short-term low volatility and could see further downside, according to market participants’ expectations. Related Reading | Coinbase Is on a Downwards Spiral and Could Be Taking your Crypto with It At …
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A widely followed crypto strategist and trader believes that two of Ethereum’s (ETH) biggest challengers are likely to pull off rallies in the coming weeks. Pseudoymous analyst Pentoshi tells his 553,200 Twitter followers that he’s keeping a close watch on smart contract platforms Solana (SOL) and Avalanche (AVAX). According to the crypto analyst, both AVAX …
A leading digital asset manager says institutional investors are taking an interest in Cardano (ADA) and Polkadot (DOT) while heavily de-risking from Bitcoin (BTC). In the latest Digital Asset Fund Flows Weekly report, CoinShares finds that BTC suffered $154 million in outflows last week, leading a digital asset market that saw outflows of $141 million total. …
The United States Federal Reserve Board has included data on cryptocurrency in its new Economic Well-Being of U.S. Households in the 2021 report. The Fed’s ninth annual report looked at survey results from 11,000 people questioned in October and November 2021. The report indicated financial wellbeing is the highest it has been since reporting began, …
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The process of introducing a central bank digital currency (CBDC) is fraught with unknowns, some of which were elucidated in a panel of experts gathered Monday at the World Economic Forum in Davos, Switzerland. The panel concluded that good design is key to a successful CBDC, and there are fewer challenges for wholesale CBDC introduction. …
Ethereum adds 3% as selling slows down, Binance Coin the biggest winner in top ten, FTM up 43%, Tether loses ground in stablecoin rout. ETH Ethereum saw a bounce of over 3% in the last week as the cryptocurrency market stabilized from recent selling. However, the move higher has been weak as investors still fear …
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👋 Want to work with us? CryptoSlate is hiring for a handful of positions! Crypto traders withdrew around $10 billion from Tether USDT in the last two weeks as talks of increased regulatory scrutiny for stablecoins continue to grow. CryptoSlate data shows that the circulating supply of USDT dropped to $73.3 billion on Monday from …
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👋 Want to work with us? CryptoSlate is hiring for a handful of positions! Two of South Korea’s largest cryptocurrency exchanges, UPbit and Bithumb, issued investment warnings against Litecoin (LTC) on May 23, citing the altcoin’s privacy upgrade. Both exchanges are considering delisting the altcoin in light of potential legal challenges posed by the upgrade. …
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