Cryptocurrency Analysis and News Portal
Australia's central bank is set to launch a "live pilot" of a Central Bank Digital Currency (CBDC) "in the coming months," according to a joint statement from the Reserve Bank of Australia (RBA) and Digital Finance CRC (DFCRC), an Australian financial research institute.The RBA said on Mar. 2 local
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Bitcoin's (BTC) 16% price gain between Feb. 13 and Feb. 16 practically extinguished the bears' expectation for a monthly options expiry below $21,500. As a result of the abrupt rally, these bearish bets are unlikely to pay off, especially since the expiry occurs on Feb. 24. However, bulls were not
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An anonymous Ethereum investor has lost more than $2 million trading Ether (ETH) since Sept. 9, 2022, on-chain data shows.Buying Ether high, selling lowSpotted by on-chain monitoring resource Lookonchain, the "stupid money" trader spent $12.5 million in stablecoins to buy 7,135 ETH after it rallied 10% to $1,790 in September
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Solana Spaces will close down its two Solana (SOL)-themed, community-oriented retail stores in New York City and Miami at the end of the month, as the physical stores didn't onboard as many users as it initially anticipated.Solana Spaces tweeted the news on Feb. 21 sharing a note from its founder,
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The recent regulatory action against Binance-branded BUSD stablecoin weighs over BNB token. Original Source
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Bitcoin (BTC) lingered near $23,000 on Feb. 7 as a key chart phenomenon hit for the first time in 18 months.BTC/USD 1-hour candle chart (Bitstamp). Source: TradingViewBattle of the Bitcoin crosses beginsData from Cointelegraph Markets Pro and TradingView showed BTC/USD tracking sideways overnight, having shunned volatility at the week’s first
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The cost of holding a bullish long position in perpetual futures tied to bitcoin has jumped to the highest since the dizzy bull market days of late 2021. Source
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The South Korean government will adopt a cryptocurrency tracking system within the first half of this year, the country’s Ministry of Justice reportedly announced. The tracking system will be used to monitor and analyze crypto transactions, particularly to uncover the sources of illegal funds. South Korea to Start Tracking Crypto Transactions
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Australia’s financial regulator reportedly raised concerns over FTX’s local Australian subsidiary as much as eight months before the exchange met its untimely end in November.According to documents obtained by Guardian Australia, officers of the Australian Securities and Investments Commission (ASIC) were concerned about the way in which FTX Australia was
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Bitcoin (BTC) spiked into key liquidity for a third time into Jan. 29 as the weekly and monthly closes loomed.BTC/USD 1-hour candle chart (Bitstamp). Source: TradingViewTrader on Bitcoin: $25,000 "in sight"Data from Cointelegraph Markets Pro and TradingView showed BTC/USD briefly hitting $24,498 on Bitstamp overnight.The move, although short lived, marked the
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