Cryptocurrency Analysis and News Portal
Bitcoin fell to its lowest level in nearly a month as the optimism that had pervaded global markets following the Federal Reserve’s meeting on Thursday quickly vanished. On Thursday, sellers returned in full force, driving equities and cryptocurrencies down. Despite short-term price movements, the risk-off mood among market participants has been
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The CEO of the Nasdaq-listed crypto exchange Coinbase says ordinary Russians are using cryptocurrency as a lifeline now that their own currency, the ruble, has collapsed. The executive also does not see a high risk of Russian oligarchs using crypto to avoid sanctions. Crypto Becomes a Lifeline for Ordinary Russians Coinbase CEO
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Blockchain Global (BGL), the parent company of the now-defunct Australian crypto exchange ACX, has collapsed with outstanding debts of $15 million. On Sept. 13, The Victoria Supreme Court placed a freeze order on 117.33 Bitcoin (BTC) —worth around $7.1 million — held by two companies behind the exchange, BGL and
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A cryptocurrency inspired by Netflix’s internationally hit TV show Squid Game scammed investors in what appears to be a $3.38-million “rug pull” scheme.Dubbed SQUID, the cryptocurrency plunged to almost a fraction of a cent minutes after crossing over $2,850 at 09:35 UTC on Nov. 1. The deadly drop oed following a 75,000%
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Vebitcoin crypto exchange based in the southwestern city of Mugla, Turkey, has gone offline. The company’s website home page refers to recent developments that have forced them to cease trading. “Due to the recent developments in the crypto money industry, our transactions have become much more intense than expected. We would
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The DeFi market has plunged over the last month of October as some of the top performers of summer 2020 have seen valuations crashing. Analysts think that the majority of the money from the DeFi market profit-booking has gone to Bitcoin.The summer 2020 party is all over for the decentralized
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A coronavirus quarantine hotel in China collapsed Saturday. 70 people were trapped under the building in Quanzhou, Fujian. 28 have been rescued so far as teams pull victims from the rubble. A hotel in China collapsed around 7pm local time Saturday in Fujian, China while the building was being
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Bitcoin took a deep dive on Wednesday to test the levels last seen in May.The benchmark cryptocurrency plunged by up to circa $566.29, or 7.65 percent, in just two hours of trading. The move downside brought bitcoin down to a session low of $7,402.20. While the price later corrected, its
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