Cryptocurrency Analysis and News Portal
Tokyo-based financial services giant SBI Holdings announced a joint investment in Coinhako, Singapore’s first licensed crypto exchange approved by the Monetary Authority of Singapore (MAS). The Coinhako investment was made via a fund jointly set up by SBI and Swiss-based Sygnum Bank, namely, the SBI-Sygnum-Azimut Digital Asset Opportunity (DAO) Fund, according
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Also, some Decentralized Finance (DeFi) projects that use CoinMarketCap data halted their offerings as a measure to protect their mechanisms. “Due to an error with the CoinMarketCap API, all DeFiChain Vaults have automatically been halted, for now, ensuring the safety of your loans,” said DeFiChain, a bitcoin-centric lending service. Source
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An association of savings banks in Germany is looking to offer crypto services to customers in a pilot test that would include the development of a crypto wallet. The association, which has more than 50 million customers, would be acting amidst a wave of cryptocurrency interest ostensibly sparked by inflation
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Crypto exchange Binance and a consortium led by MDI Ventures will establish a joint venture focused on developing blockchain technology in Indonesia, the company said in a press release on Wednesday.The joint venture will create a new Indonesia-based digital asset exchange. Binance will provide infrastructure and support for the new
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Russia’s central bank intends to prohibit mutual funds from acquiring crypto assets or related financial instruments. The proposal, which is in line with its hard line stance on decentralized digital money, comes after the regulator urged stock exchanges to avoid trading securities tied to cryptocurrencies. Central Bank of Russia Issues
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In an earnings call Tuesday, CleanSpark CEO Zach Bradford called CleanSpark “incredibly undervalued” and highlighted the company’s energy expertise. “We are deploying advanced technologies like renewable energy assets and immersion cooling to make our operations more efficient,” Bradford said. “These efficiency enhancements are expected to increase production and decrease operating
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Bitcoin remained stable above the $46,000 support zone against the US Dollar. BTC could start a steady increase if there is a clear move above the 100 hourly SMA. Bitcoin is forming a base above the $46,400 and $46,000 support levels. The price is still trading below $48,500 and the 100 hourly
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“I think there are a lot of opportunities in the market from other alternative currencies,” Wald said, pointing out ether’s weaker correlation to the traditional markets compared with bitcoin. “Ether is down 12% in the last week alone, which is very daunting, but at the same time there are a
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The story of WikiLeaks and its move to Bitcoin is a popular one amongst crypto investors. When WikiLeaks had first come out, it quickly gained popularity for publicizing news leaks and classified information on its site. Founded in 2006, the not-for-profit organization has had an interesting history, one of those
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Cove Markets, an API platform that enables users to trade across multiple centralized exchanges and manage aggregate financial data, will become part of Robinhood Crypto, as announced by the discount brokerage late Tuesday. Traders and investors can connect up to seven exchanges, including Coinbase Pro, Kraken, Bitfinex, etc., using Cove
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