Cryptocurrency Analysis and News Portal
The European Union (EU) released a package of documents on Oct. 18 related to an action plan for implementing the European Green Deal and the REPowerEU Plan, both of which aim at energy savings by digitalizing the energy sector. The European energy planners have crypto miners in their sights along
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In previous weeks, the crypto market looked like it was set to lose its key support with major altcoins such as Bitcoin
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Chinese researchers say that such an initiative would increase monetary cooperation and reduce dependency on the U.S. dollar, but that probably isn’t what different countries want. Source
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Despite being a lesser-known cryptocurrency, Quant has held gains while top coins, including Bitcoin, have fallen in value. The price of Quant
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Instead, bitcoin did the reverse on Thursday, recovering from an early stumble to regain its now familiar perch over $19,000. The largest cryptocurrency by market capitalization, which was recently up more than 2% and trading above $19,600, has been occupying a narrow band between $19,000 and $21,000 for much of
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Analytics platform CryptoQuant believes this week's Consumer Price Index will move markets; bitcoin continues its recent holding pattern on Tuesday. Source
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But in order for Huobi to compete on a global scale, Sun said the exchange needs traction on its U.S. dollar-backed stablecoin, HUSD. Sun said one of his focus areas will be making USDD, the algorithmic stablecoin he created, one of the “settlement stablecoins” on Huobi. Source
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Crypto developers seem to be unfazed by the bearish market as they continue to introduce new altcoins or tokens into the space. It
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The Senate Agriculture Committee bill – pushed by Behnam’s former boss, panel Chairwoman Debbie Stabenow (D-Mich.) – would give the CFTC an unprecedented ability to charge the crypto industry fees to fund the new oversight. The CFTC, with fewer than 700 employees, is tucked into a humble building in northwest
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Despite the ongoing, macroeconomic turbulence, Jeff Dorman, chief investment officer at crypto fund manager Arca, took issue with "the convenient narrative" that ties "digital assets' fates to macro." In his Two Satoshis newsletter, Dorman wrote that the correlation was "short-lived" and applied only to bitcoin and "a few other bellwether
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