Cryptocurrency Analysis and News Portal
Bonk, a Shiba Inu-themed token issued on Dec. 25, returned as much as 3,220% to traders in the past week before profit-taking saw prices fall nearly 70% from lifetime peaks. The token was airdropped to Solana NFT (non-fungible token) communities and creators, which led to quick hype and trading volumes
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Bitcoin (BTC) volatility is declining on schedule but BTC price action could still “play catch up” with gold this year.The latest data and analysis show that despite sideways moves in Bitcoin, the largest cryptocurrency is behaving as expected.BTC price volatility follows bear market patternWith traders frustrated by a lack of
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Bitcoin (BTC) has been consolidating inside the $18,000-$20,000 price range since mid-June, pausing a strong bear market that began after the price peaked at $69,000 in November 2021.Many analysts have looked at Bitcoin's sideways trend as a sign of a potential market bottom, drawing comparisons from the cryptocurrency's previous bear
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Some cryptocurrency exchanges continue onboarding Russian nationals despite the latest Western sanctions against Russia, but not without certain restrictions.In late September, Kazakhstan’s President Kassym-Jomart Tokayev witnessed the nation’s first regulated fiat-to-crypto purchase by a local commercial bank, the Eurasian Bank.The transaction involved a local crypto exchange called Intebix, which allows
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As emerging markets take the lead in crypto adoption, Ghana, a country located in West Africa, may soon catch up to other African countries regarding cryptocurrency use. In a report released by blockchain analytics platform Chainalysis, researchers found that Ghana has the potential to achieve crypto adoption levels similar to Kenya
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China accounts for 84% of all blockchain applications filed worldwide, according to the latest data shared by the country’s government official.China has steered clear of the cryptocurrency market. However, the Beijing government has been supportive of the underlying blockchain technology. The country has actively promoted the use of blockchain tech
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Ethereum (ETH) is heading for the most significant upgrade in its history, which is scheduled to happen at around 5:27am UTC on Sept. 15.Those wanting to watch the Ethereum network make its historic shift to proof-of-stake (PoS) in real-time will have plenty of options to choose from. The Ethereum Foundation
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While decentralized finance (defi) has created a plethora of protocols that make it so crypto assets can gather a yield, ten and a half years ago a bitcoin exchange called Bitcoinica introduced the first interest accruing system for bitcoin deposits. Despite being the first to test the waters, Bitcoinica eventually
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The past few years have seen crypto assets moved from being “niche products” to having more of a mainstream presence, prompting the need for more comprehensive regulation of the space, according to the International Monetary Fund (IMF).In a new report authored by IMF capital markets director Aditya Narain and assistant director
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There’s a ferment brewing with regard to central bank digital currencies (CBDCs), and most people really don’t know what to expect. Varied effects seem to be bubbling up in different parts of the world. Consider: China’s e-CNY has already been used by 200 million-plus of its citizens and a full rollout
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