Cryptocurrency Analysis and News Portal
CoinEx cryptocurrency exchange is winding down operations in mainland China to comply with local anti-crypto regulations.The company officially announced on Sept. 30 that it will completely retire user accounts verified as mainland China citizens as well as those linked to a mobile phone number from mainland China.The exchange has asked mainland
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Analysts are also concerned about rising inflation, which could stall the economic recovery from the coronavirus pandemic-induced recession of last year. For example, the rise in energy prices, considered volatile, has some analysts concerned about price instability. Slowing growth could present a headwind for equities and cryptocurrencies as investors position
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The main webpage for Nigeria’s central bank digital currency (CBDC) has gone live earlier than next month’s planned rollout date for the digital naira.According to the site, the eNaira is a “unique form of money” denominated in the national currency serving as both a medium of exchange and store of
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Robert Kiyosaki, the best-selling author of “Rich Dad Poor Dad,” has predicted a “giant stock market crash” coming in October. He believes that “bitcoin may crash too.” The famous author also offered his opinion on China’s crackdown on cryptocurrencies. Robert Kiyosaki Warns of ‘Giant’ Market Crash in October Famous author and investor
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Trading app Robinhood has opened up a waitlist to test a crypto wallet for users to hold their tokens.According to a Wednesday blog post, in October Robinhood plans to start testing a digital wallet feature on its app that enables users to send and receive cryptocurrencies. The move may encourage
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Bitcoin analyst says new ATH in October is likely as on-chain data shows stablecoins may have started to pump into BTC. Stablecoins Reserve Starts Moving Down, Bitcoin To Reach New ATH In October? As explained by an analyst on CryptoQuant, after staying at highs, the stablecoins reserve has finally started a decline.
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The British auction house Christie’s has been immersed in the non-fungible token (NFT) art and collectibles industry for quite some time. Christie’s has auctioned blockchain-backed items like Block 21 of “Portraits of a Mind,” Cryptopunks, and Beeple’s NFT that sold for more than $69 million. On October 1, Christie’s plans
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The United States Securities and Exchange Commission is likely to approve a Bitcoin (BTC) futures exchange-traded fund (ETF) by the end of October, according to Bloomberg ETF experts.Bloomberg ETF analysts Eric Balchunas and James Seyffart issued an investor note on Tuesday suggesting that last week’s abrupt withdrawals of Ether (ETH) futures ETF
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The Central Bank of Venezuela will launch a CBDC in October alongside a monetary redenomination that will cut six zeros from the currency due to raging inflation. As of Oct. 1, the digital bolivar will begin circulation in the economy. Its cash equivalent will get a new 1-bolivar coin, along
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