Cryptocurrency Analysis and News Portal
Share Share on Twitter Share on LinkedIn Share on Telegram Copy Link Link copied Ethereum (ETH) balances on crypto exchanges have plunged to a five-year low, triggering speculation on its future price action. Intriguing developments have always marked the ebb and flow of the crypto market, and this week is no
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Lawmakers recently called for the Bill to take effect within two months. Source
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Share Share on Twitter Share on LinkedIn Share on Telegram Copy Link Link copied MicroStrategy, the largest public holder of bitcoin, has joined the growing list of supporters backing proposed rule changes by the financial accounting standards board (FASB), which seeks to eliminate impairment charges for companies holding cryptocurrencies. As of
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South Korean Prime Minister Han Deok-soo is calling for the disclosure and registration of cryptocurrency assets by high-ranking public officials, a local news outlet has reported. In a press conference held at the Sejong Government Complex on May 17, the prime minister reportedly emphasized the importance of including crypto assets in
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One example of an early investor appearing to ditch PEPE is pseudonymous crypto trader “vxv.eth.” The wallet has accumulated 1.3 trillion tokens since its initial purchase on April 17, Nansen data shows. Early Thursday, the account transferred its PEPE stash worth $2.1 million to crypto exchanges Gemini and UniSwap, completely
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Payments behemoth Paypal has disclosed in a Form 10-Q financial report filed with the U.S. Securities and Exchange Commission (SEC) that it is holding nearly $1 billion in cryptocurrency assets. This news comes on the heels of Paypal’s announcement that Venmo now facilitates external transfers of cryptocurrencies to wallets and
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Share Share on Twitter Share on LinkedIn Share on Telegram Copy Link Link copied PayPal’s crypto holdings rose 56% in Q1 2023 per a recent submission to the U.S. Securities and Exchange Commission (SEC). In Q1 2023, PayPal’s cryptocurrency assets comprised $499m in bitcoin (BTC), up from $291m in December;
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Financial technology company PayPal recently disclosed its cryptocurrency holdings in a quarterly report filing to the Securities and Exchange Commision (SEC). Claiming a combined total of $943 million in cryptocurrency assets as of March 31, 2023, the filing shows a 56% increase over the company’s previous quarter where PayPal disclosed $604 million.
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The news of the insider sale of the WallStreetBets (WSB) tokens led to a major frenzy with retail players dumping their tokens and its price tanking by nearly 90%. WallStreetBets (WSB) token, linked to the popular subreddit WallStreetBets, saw its token price plummeting by a staggering 90% in the past 24
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WSB prices fell sharply as the apparent token sale by insiders led to token holders dumping holdings en masse. Source
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