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Non-custodial cryptocurrency exchange ShapeShift has burned hundreds of themed collectible “cards” from the blockchain-based mobile game Spells of Genesis. The team said that the remaining cards in its possession will be placed under the control of its new decentralized autonomous organization, or DAO, and unlocked in limited tranches over the
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“It would still open the floodgates for institutional adoption and hopefully result in a spot-backed ETF being approved in the not-so-distant future, which would allow ordinary people to include the asset easily” in their brokerage accounts, Marcus Sotiriou, sales trader at the U.K.-based digital asset broker GlobalBlock, wrote in an
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Ethereum is facing a major resistance near $3,400 against the US Dollar. ETH price could start a fresh decline if it fails to clear the $3,400 resistance zone. Ethereum extended its decline below the $3,250 and $3,200 levels. The price is now trading well below $3,400 and the 100 hourly simple moving
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Bitcoin (BTC) has been struggling to break the $50,000 mark for over 10 days now. However, on Sept. 2, the premium cryptocurrency briefly surpassed the milestone, sending positive ripples across the market. Since then, the token has dropped below the mark to trade in the $49,000 range before rebounding to
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Crypto investors are seeing gains in Ether (ETH) and Bitcoin (BTC) today after the successful launch of Ethereum's London hard fork and a series of new Bitcoin ETF filings resulted in a rally that propelled BTC price 9% higher and Ether gained 11.75% which brings the altcoin closer to the elusive $3,000
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Demand for Aave (AAVE) boomed dramatically in the previous 24 hours as traders assessed its involvement in Bitwise Investment's upcoming institutionally-focused investment vehicle.The San Francisco-based asset management firm announced Wednesday that it would invest directly in AAVE to back its "Bitwise Aave Fund," a fund created to build a bridge
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Cryptocurrencies rallied Wednesday, led by gains in the Bitcoin and the Ethereum markets as traders pinned hopes on additional stimulus packages in the United States. The cost to purchase one Bitcoin shot past $36,000 while Ethereum’s native token Ether notched a new record high at $1,574. Other large-cap tokens, including Polkadot’s
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"I would expect to see bitcoin charge past $30,000 as we enter the new year,” said one market observer. Source
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Mike Novogratz said that investors remain confident in the top crypto asset, regardless of the Trump administration’s rules.Ex-hedge fund manager and Galaxy Digital founder Mike Novogratz hopes that the incoming Biden administration would provide “open-minded” regulations for digital assets. A few months ago, the CEO, who is also a philanthropist,
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