Cryptocurrency Analysis and News Portal
The Turkish central bank has established a new platform together with technology stakeholders to further the development of a digitalized version of the national fiat currency. The new collaboration will allow Turkey to focus on expanding research and conducting tests of the prospective digital lira. Turkey Sets Up Digital Lira
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The tax authority of Slovenia has put forward a proposal to change the crypto taxation rules in the country, local media reported. The amendments aim to introduce a 10% tax rate for transactions involving the spending or converting of cryptocurrencies into fiat money. Tax Office Wants to Simplify Crypto Taxation
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Europe’s first-ever Bitcoin (BTC) futures will launch next month on the continent’s largest derivatives market, Eurex, an announcement confirms.In a press release issued on Tuesday, digital asset-backed securities provider ETC Group said that its Bitcoin ETN Futures product will commence trading on Sept. 13.Europe highlights “growing institutional demand”ETC Group already operates the
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Bitcoin (BTC) edged closer to $50,000 on Aug. 22 as concerns over a bearish downturn made a timely reappearance.BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView"Modestly bearish" signs accompany $50,000 run-upData from Cryptox Markets Pro and TradingView showed BTC/USD hitting a high of $49,830 on Bitstamp Sunday — itself a three-month record.The
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Cardano is close to its final Hard Fork Combinator (HFC) event “Alonzo” to implement smart contract capabilities on the mainnet. Developers, community projects, and IOG are preparing for the milestone and the potential growth of the network’s ecosystem. Recently, IOG released a paper describing a new algorithm stablecoin to be launch
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Bitcoin price is consolidating above the $59,500 support zone against the US Dollar. BTC is now showing a few positive signs, but it must clear $61,200 for a fresh rally in the near term. Bitcoin is holding gains above the $60,000 and $59,500 support levels. The price is now trading well above
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Metis can drastically decrease the wait time between layer-two and layer-one network communications.As the most widely adopted decentralized smart contract platform, Ethereum is a dApp powerhouse, but it has become a victim of its own success. Metis is launching a layer-two solution on top of the Ethereum network to mitigate
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As larger blockchain platforms begin to buckle under the strain, TRON has stepped up as an alternative that lets users execute the same type of transactions at a lower cost.Lindsay Lohan is known for many things, her acting, singing, modeling, and her stints as a TV personality and influencer, but
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Crypto custodian Fireblocks and payments platform First Digital Assets Group are providing connectivity and support to Diem, the global stablecoin and payments system formerly known as Libra.Fireblocks and First are providing the digital plumbing to allow financial service providers such as banks, exchanges, payment service providers (PSPs) and eWallets to
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Decentralized Finance, DeFi in short, is a rage these days as one of the most versatile applications of cryptocurrency’s underlying blockchain technology. Poised to become an alternative to the traditional financial system, it is capable of providing even the unbanked with access to financial services at a low cost, while
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