Cryptocurrency Analysis and News Portal
Bitcoin (BTC) fought to regain lost ground at the April 19 Wall Street open as traders called for calm on the day’s downside.BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView“Unusual” spot sell triggers BTC price suspicionData from Cointelegraph Markets Pro and TradingView monitored BTC/USD as it crawled toward $29,500 on Bitstamp.The
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During her opening statement, Waters said the bill was a joint effort, but negotiations over its provisions remained incomplete, and “unfortunately, a lot of things happened in between” last fall and Wednesday, such as the collapse of crypto exchange FTX. Source
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A court based in Hong Kong has acknowledged cryptocurrencies as property that can be held in trust in a ruling involving the defunct crypto exchange Gatecoin. In a report published by the law firm Hogan Lovells, Justice Linda Chan said that crypto has the attributes of a property. The court deemed
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Digital assets are typically restricted to their native blockchain networks, and existing methods of transferring tokens from one blockchain network to another are highly vulnerable to hacking or involve using a trusted third party. However, multichain tokens enable users to transfer their assets to another blockchain directly without giving up custody
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Liquidators sought directions from the court on whether the crypto held by Gatecoin should be treated as property held on trust or "if no trust existed, the digital assets should be made available to the general body of creditors," according to the Hogan Lovells report. The exchange held crypto upwards
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The Bank of England and the Bank for International Settlements (BIS) Innovation Hub London Center have tested a blockchain-powered settlements system between the central banks. The insights of Project Meridian will be used by the Bank of England in its Real-Time Gross Settlement (RTGS) system. On April 19, the official site
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Gate Pay, the cryptocurrency payment service offered by the crypto exchange firm Gate.io, has partnered with CityPay.io, a startup specializing in crypto payments in Georgia. The partnership will enable more than 600 merchants in Georgia to enjoy the benefits of crypto payment alternatives for their products and services.According to the
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Cardano is one of the largest layer-1 blockchain solutions by market capitalization. The project is being driven by Input-Output (a Charles Hoskinson company), Emurgo and the Cardano Foundation. The chain was named after the Italian mathematician Gerolamo Cardano and its token ADA is named after the 19th-century mathematician Ada Lovelace.Cardano
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Bitcoin (BTC) abruptly reversed gains on April 19 as a cascade of long liquidations sent BTC/USD plummeting lower.BTC/USD 1-hour candle chart (Bitstamp). Source: TradingViewBitcoin sees "beautiful" retracementData from Cointelegraph Markets Pro and TradingView followed the pair as it made lows of $29,015 on Bitstamp. The sudden move followed an equally strong rebound
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A U.S. lawmaker has announced that he is introducing legislation to remove the Securities and Exchange Commission (SEC) chairman in order to “correct a long series of abuses.” The SEC, under Chair Gary Gensler, has been heavily criticized for its enforcement-centric approach to regulating the crypto industry. Lawmaker Seeks to Remove
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