Cryptocurrency Analysis and News Portal
The vast majority of cryptocurrency owners in the United States made its first-ever crypto investments just within last year, according to a new survey.About 70% of crypto hodlers in the U.S. started investing in cryptocurrencies like Bitcoin (BTC) in 2021, according to the Crypto Perception Report 2022 by Huobi Group,
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Yet, when it comes to crypto, O’Leary is an advocate for diversification. He says his largest holding today is ETH, the native currency of the Ethereum network, and he has also bought BTC, SOL, MATIC and 28 other coins. Likewise, seeing crypto exchanges as potentially lucrative, he sees a world
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While 2021 was certainly the year of bitcoin, investors with a particular type of risk appetite are diversifying their crypto portfolios with altcoins.The term “altcoin” is short for “alternative coin” and refers to cryptocurrencies other than bitcoin. Ether is perhaps the most popular altcoin, though crypto insiders quickly bring up
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The Chairman of the Securities and Exchange Board of India (SEBI) Ajay Tyagi urged mutual funds to avoid investing in crypto-related assets as the government considers new cryptocurrency rules. Speaking at a press conference on Tuesday, Tyagi advised firms to refrain from investing in funds linked to crypto assets until
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Former U.K. chancellor of the exchequer Lord Hammond has reportedly warned about investing in cryptocurrencies. He said, “It’s gambling money,” noting that “people should be extremely cautious” and “Many regard them as closer to gaming than serious investing.” Nonetheless, he is currently serving as a senior advisor to a crypto
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The concept of meme coins has become one of the most talked-about investment opportunities in the crypto space, with shiba inu’s 50,000,000% price gain in the last 12 months serving as a reminder of the potential profitability of these internet trend-inspired coins.And while the huge upside potential of these assets
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Dvision Network is a blockchain-based metaverse, which powers the robust and diversified NFT marketplace within its augmented reality. Dvision is based on three primary platform features, which are known as NFT Market, Meta-Space, and Meta-City. The users can utilize LANDs (Meta-Space) in the metaverse in order to build their preferred
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Russia’s central bank intends to prohibit mutual funds from acquiring crypto assets or related financial instruments. The proposal, which is in line with its hard line stance on decentralized digital money, comes after the regulator urged stock exchanges to avoid trading securities tied to cryptocurrencies. Central Bank of Russia Issues
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The Bank of Russia, the country’s chief financial regulator, issued new rules for the country’s mutual funds in a directive published Monday.Such funds cannot invest in digital currencies or in “financial instruments, the value of which depends on the prices of digital currencies.”In July, the regulator banned Russia’s stock exchanges
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The Russian central bank continues its strict policies regarding the cryptocurrency industry, now officially banning mutual funds from investing in cryptocurrencies like Bitcoin (BTC).On Monday, the Bank of Russia published an official statement on regulating investment opportunities by mutual investment funds.Despite expanding the number of assets available for investment by
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