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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U.S. President Joe Biden will nominate Sarah Bloom Raskin as the U.S. Federal Reserve's vice chairman for supervision, CNBC reported on Thursday, citing people familiar with the matter. The president will also tap Lisa Cook and Philip Jefferson as Fed governors, according the report. Source
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The holding company behind DeCurret, the Japan-based company offering trading and exchanges of digital assets, reportedly plans to sell its crypto business to investment platform Amber Group.According to a Wednesday report from the Nikkei newspaper, DeCurret Holdings intends to sell the crypto branch of its business to the Hong Kong-based
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According to a recent interview, trial lawyer Kyle Roche from the legal firm Roche Freedman LLP has started a tech startup called Ryval that aims to be “the stock market of litigation financing.” The firm plans to launch during the first quarter and allow people to leverage tokens in order
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China-backed Blockchain Services Network will introduce infrastructure this month to support NFTs that have no link to cryptocurrencies, which are banned in China, the South China Morning Post reported on Thursday.He Yifan, chief executive of Red Date Technology, which provides technical support to BSN, told the SCMP that non-fungible tokens
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"After a quiet start to the year with options open interest coming off significantly from December, volumes started to pick up last night with several large short-dated options trading overnight," Patrick Chu, director of institutional sales and trading at over-the-counter tech platform Paradigm, told CoinDesk in a Telegram chat. "Over
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At Tuesday’s hearing, Powell was asked by Sen. Pat Toomey (R-Pa.), the committee's ranking member, whether a CBDC couldn't coexist with “well-regulated, privately issued stablecoins,” if Congress gave the Fed the authority to pursue the digital currency. Original Source
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A farming simulator clogged a popular blockchain for days on end last week. Now a new research report from blockchain analytics firm Nansen sheds light on a possible solution.Ronin, a layer 2 from Axie Infinity developer Sky Mavis devoted solely to the game, processed 560% more total transactions than Ethereum
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The GAO’s findings that crypto-enabled crime is rising are at odds with a new report from crypto research firm Chainalysis, which found that although crypto crime is increasing by volume, it reached an all-time low as a percentage of all blockchain transactions in 2021. In other words, as cryptocurrencies has
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A note from JPMorgan states that Ethereum might be at risk of losing defi dominance as a result of its inability to produce effective scaling solutions fast. The note, written by Nikolaos Panigirtzoglou, managing director of global markets strategy at the firm, further stated that other new smart contracts-enabled blockchains
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