ATOM was fast approaching a one-month high during Tuesday’s session, as bullish momentum continued to rise following recent gains. This move comes as MATIC also climbed higher, hitting its highest level since June 29 in the process. Cosmos (ATOM) ATOM was trading higher on Tuesday, as prices rose to a multi-week high earlier in today’s …
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Cryptocurrency trading volumes across exchanges in India have plunged after the country’s 1% tax deducted at source (TDS) went into effect at the beginning of the month. Some major crypto exchanges saw volumes dropping by about 80%. Crypto Trading Volumes Fall Across India The trading volumes across crypto exchanges in India have fallen sharply after …
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BTC briefly rose back above $20,000 on Tuesday, as U.S. markets reopened following yesterday’s Independence Day holiday. Prices of ETH also surged, climbing over its $1,100 resistance level. Overall, the crypto market cap is trading 0.63% higher. Bitcoin On Tuesday, bitcoin rallied back above $20,000, as traders returned from the U.S. Independence Day celebrations. In …
Between June 13 and June 27, or roughly two weeks, Tron’s stablecoin USDD dropped lower than the $1 parity and slipped to a low of $0.928 per unit on June 19. During the past seven days, USDD has managed to jump back to the $0.98 to $0.99 region while reaching $1 on July 3. Tron’s …
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Macro strategist Lyn Alden says it could be possible for leading digital asset Bitcoin (BTC) to support the planet’s population. In a new What Bitcoin Did interview, Alden says she can see BTC becoming a global money and supporting eight billion people due to how Bitcoin is layered. “Yes, I think the only way it …
A keen crypto strategist says one Bitcoin (BTC) indicator is flashing the same signals that marked the 2015 and 2018 bear market bottoms. Dave the Wave, the pseudonymous analyst who accurately predicted Bitcoin’s crash last year, tells his 119,400 Twitter followers the moving average convergence divergence (MACD) indicator on the weekly chart is currently hovering …
Bitcoin (BTC) hit daily lows on the July 5 Wall Street open as the U.S. dollar saw a violent surge higher. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView USD sets yet another 20-year record Data from Cointelegraph Markets Pro and TradingView showed BTC/USD retreating to $19,281 on Bitstamp as the Independence Day long weekend concluded with …
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Major cryptocurrency exchange BitMEX is working to increase compliance with the European sanctions against Russia by preparing to enforce major restrictions for its Russian users. BitMEX is changing its restricted jurisdictions policy to be compliant with various restrictive measures of the European Union, Cointelegraph has learned. The BitMEX crypto exchange notified a group of potentially …
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Market maker Kairon Labs have been working with projects such as StepApp (FitFi) and Ergo, providing liquidity on over 30 exchanges. Kairon Labs and most other market makers agree that “liquid markets are healthy markets,” as when the markets are liquid, it allows for lower slippage and faster trades to occur, which allows for the …
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Vincenzo Sospiri Racing (VSR), a GT racing team backed by Lamborghini’s motorsport department, has announced its partnership with nonfungible token (NFT) platform Go2NFT to launch a program that certifies racing car parts. In an announcement sent to Cointelegraph, former racing champion Vincenzo Sospiri from the VSR mentioned that their team will build NFT certification for …
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Summary: India’s crypto tax regime came into effect on July 1, 2022. Exchanges like CoinDCX, WazirX, and ZebPay have seen drops in trading volume as high as 87% since the policy came into effect. Bloomberg said high-frequency traders and market makers might increasingly leverage other options. Decentralized exchanges could become the preferred destination for traders. …
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The MakerDAO community is voting on a proposal to add a 100 million DAI debt ceiling participation facility of Huntingdon Valley Bank (HVB) as a vault. So far, the majority have voted in favor of the addition. MakerDAO has also voted to invest $500 million in DAI into U.S. treasuries and corporate bonds. The MakerDAO …
Polium One, a startup dedicated to infrastructure development for Web3 gaming, has announced plans to launch its first multiple blockchains and non-fungible token (NFT) gaming console before the end of Q3 2024. In a July 05 blog post, Polium One announced plans to release its first-ever multi-chain and non-fungible tokens (NFTs) gaming console in Q3 …
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Sequoia Capital China, the Chinese affiliate of cryptocurrency-friendly venture capital firm Sequoia Capital, is about to raise $9 billion for its four new funds focused on Chinese startups. In raising the capital, Sequoia China has already exceeded its initial target of roughly $8 billion, The Information news agency reported on July 4, citing two people …
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The crypto market caught some tailwinds in the past day as the bulls continue to make an entrance. This allows investors to profit from some of the top coins for 100x gains. In this article, we’ll provide insight into assets that are set for significant price jumps in the future. 1. Lucky Block (LBLOCK) Our …
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