Cryptocurrency Analysis and News Portal
Podcaster and commentator Joe Rogan has blasted the idea of a United States central bank digital currency, describing a digital dollar as a “game over” scenario for American citizens. In an Aug. 8 episode of the widely-watched podcast Joe Rogan Experience, Rogan and rapper Post Malone turned to topics surrounding the
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The UK government wants to adopt the nascent crypto asset industry to enable exponential growth to its economy away from the Brussels shackles. Having successfully secured its independence from the European Union through Brexit, the United Kingdom (UK) continues to reorganize its internal policies to attract international investors and streamline bilateral
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A New York lawmaker has introduced a new bill that would see dollar-pegged stablecoins accepted as a legal form of payment for bail bonds. The partisan bill, introduced on May 10 by New York State Democrat Latrice Walker, details the pre-existing methods of paying bail bonds, including cash, insurance bonds, and
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Bitcoin miners were hardest hit on Thursday. Source
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Tether, the company behind the most widely used stablecoin, USDT, has announced that it expects to report a profit of $700m for Q1 2023. According to Tether’s chief technology officer (CTO), Paolo Ardoino, the projected profit for Q1 2023 would match the profit of Q4 2022, which was also $700m. It means
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Bitcoin jumped above $28,800 earlier Thursday before retreating. Ether rose above $1,850, its highest level since August. Source
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Ether (ETH), the second-largest cryptocurrency by market capitalization, has seen a constant decline in exchange supply over the past six months post-Merge. The Ethereum network underwent a major upgrade in September 2022, moving from a proof-of-work (PoW) to a proof-of-stake (PoS) network in an event called the Merge.According to on-chain data
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Cryptocurrency exchange Binance has seen a surge of withdrawals over the last 24 hours as investors appear to be spooked over recent news of regulatory action against Paxos and its stablecoin Binance USD (BUSD). At the same time, the BUSD token has recorded significant redemptions, with 342 million BUSD burned
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During the first week of Feb. 2023, the United Kingdom Court of Appeal overturned a High Court decision from March 2022 in the case of Craig Wright’s Tulip Trading Limited (TTL) vs. 16 cryptocurrency developers. The case will proceed to trial as Wright, who claims to be Satoshi Nakamoto, stated
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Uniswap's UNI token and Avalanche's AVAX token were recently up about 4.5% and over 3%; ether rose 3% at one point Thursday following unexpectedly moderate comments from Fed Chair Jerome Powell. Original Source
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