Cryptocurrency Analysis and News Portal
Recent Price Action Shows Signs of RecoveryIn the last 100 minutes of trading, DOGE has demonstrated a notable recovery pattern, climbing from a local bottom of $0.156 to stabilize around $0.158. The price action shows an apparent V-shaped recovery with significant volume spikes (16-21 million) during the bottoming process around
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Luxor Technology wants to make bitcoin mining easier. That’s why the firm has rolled out a panoply of products (mining pools, hashrate derivatives, data analytics, ASIC brokerage) to help bitcoin miners, large and small, develop their operations.Aaron Foster, the company’s director of business development, joined in October 2021, and has
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Investment company Republic is set to acquire crypto trading firm INX Digital (INXDF) at a valuation of up to $60 million.Republic subsidiary Republic Strategic Acquisition will acquire all issued and outstanding shares of INX, according to an announcement on Thursday.The transaction is expected to close within eight months, subject to
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The kickstart of heavy tariffs under the Trump administration has ushered in a new chapter of uncertainty and opportunity for the crypto market, one that tends to ebb and flow with changes in the global economy.Tariffs, by design, increase the cost of imported goods, often leading to higher inflation, shifts
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The team behind interoperability protocol Hyperlane shared Thursday their upcoming token airdrop plans happening at the end of the month.The airdrop will occur on April 22, and users can check their eligibility to receive $HYPER tokens via a portal provided by the Hyperlane Foundation by April 13, the team shared
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Prices remain under pressure and sentiment is so weak one would think it's 2022 all over again, but for the first time in nearly a year, bitcoin (BTC) whales are buying.Following months of distribution as bitcoin surged to a record high above $109,000, so-called whales — wallets holding 10,000 BTC
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Itaú Unibanco, Brazil’s largest bank by assets, is exploring whether to issue its own stablecoin as regulatory discussions evolve and U.S. financial institutions slowly move into the sector.The decision could hinge on how American institutions fare with their stablecoin rollouts, said Guto Antunes, head of digital assets at Itaú. At
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"Tornado [Cash] is dead, but privacy won't die," an ether enthusiast said on X after Oxbow's Ethereum privacy tools went live on April 1 to facilitate on-chain privacy while dissociating from illicit funds.The sentiment is echoed by the early uptake for the privacy pools, which have processed 238 user deposit
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Bitcoin blockchain's hashrate is surging, revealing a growing dislocation between the network activity and prices for its native token bitcoin (BTC). On a 14-day moving average, the hashrate, representing the computational power required to mine a block on the proof-of-work Bitcoin blockchain, recently reached an all-time high of 838 exahashes
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HONG KONG—It was a battle of stablecoin issuers Thursday afternoon in Hong Kong, with Justin Sun, the founder of the Tron blockchain, and First Digital Trust (FDT), a Hong Kong-based fiduciary, holding press conferences over allegations of fund misappropriation involving Techteryx's TrueUSD reserves.Sun doubled down on claims that TrueUSD's reserves
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