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Ether, the second largest crypto by market cap and token of the Ethereum blockchain, was recently changing hands above $1,600, up 0.8% from a day earlier. Ethereum's Merge, which will shift the protocol from proof-of-work to a more energy-efficient proof-of-stake protocol, and has excited investors, is roughly a week away. Original
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The Federal Reserve’s board of governors pointed to stablecoins as a potential risk to financial stability amid a volatile crypto market.In its Monetary Policy Report released on Friday, the board of governors of the Federal Reserve System said “the collapse in the value of certain stablecoins” — likely referring to
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Highlight offers a no-code toolkit for creators to easily build NFT-based Web 3 communities. Source
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The music sector hit record revenues at $25.9 billion in 2021, which amounts to an 18.5% growth from 2020, according to IFPI’s “Global Music Report.” Of these nearly $26 billion, streaming drove the bulk of the growth, with a 24.3% increase relative to 2020. These patterns constitute great news for
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Brett Tejpaul told MicroStrategy CEO Michael Saylor that increase in business has prompted an increase in the institutional group's size, from about a dozen people to 150. Institutions need to know they can transact their business in large volume, and that will be even more important in coming years, he
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The Polkadot parachain auctions are continuously creating waves in the blockchain and DeFi space as promising projects are participating and seeking support to enable their vision for the future of the Dotsama ecosystem. Composable Finance has officially launched their crowdloan for the auctions in the second batch, opening the door
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While the African continent is generally viewed as one of the most ideally placed to embrace and fully exploit the blockchain, the reality on the ground suggests otherwise. The East Africa Blockchain Expedition As Adedayo Adebajo, the managing director of Jelurida Africa and a blockchain enthusiast told Cryptox.trade News, much of
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On Tuesday, Cryptox.trade News spoke with Marc Falzon, an individual who has been documenting the bitcoin rollout in El Salvador since the law was implemented on September 7. Falzon says that there are a number of issues that no one is talking about in regard to the bitcoin law and
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In October, the Commodity Futures Trading Commission (CFTC) and the U.S. Department of Justice (DOJ) filed enforcement actions against the entities and individuals that own and operate the Bitcoin Mercantile Exchange (BitMEX), a trading platform for cryptocurrency derivatives. The CFTC alleges that since 2014 BitMEX has operated an unregistered trading platform
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XRP, the fourth-ranked cryptocurrency in the space, has been among the industry’s worst performers. Yet investors in the asset still hold out hope for a repeat of the massive pumps Ripple is known for.Key indicators reveal that the asset has reached a pivotal moment where a decision must be made.
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