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On Tuesday, Silvergate Bank, a crypto-fiat gateway network designed for financial institutions, announced its results for the first quarter of 2022. During this period, its revenue and net income grew by 93% and 94% year-over-year, respectively, to $59.9 million and $24.7 million. The company is most notable for its Silvergate
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The leader in news and information on cryptocurrency, digital assets and the future of money, CoinDesk is a media outlet that strives for the highest journalistic standards and abides by a strict set of editorial policies. CoinDesk is an independent operating subsidiary of Digital Currency Group, which invests in cryptocurrencies
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Recently, bitcoin, the largest cryptocurrency by market capitalization, was trading at around $42,000, up about 3% over the past 24 hours. Ether, the second-largest crypto by market cap, was changing hands at about $2,700, a roughly 1.5% gain over the same period. Both bitcoin were up even higher earlier on
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Cryptocurrency prices climbed late Friday after Russia agreed to talk to Ukrainian officials regarding the Russian invasion of Ukraine. According to Ukrainian presidential advisor Mykhailo Podolyak, who spoke to Reuters on Friday, Ukraine wants peace and is willing to engage with Russia about its neutral stance with regard to NATO. Russian Foreign
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Against the backdrop of an ongoing Russian invasion, the price of Tether's USDT stablecoin soared to as high as 36.97 Ukrainian hryvnia (UAH) ($1.23) on Ukraine's Kuna exchange on Thursday. The total trading volume of all cryptos on the exchange amounted to about $4.4 million in the past 24 hours.During the same
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After the popularity of DeFi, came the rise of nonfungible tokens (NFTs) and to the surprise of many, NFTs took the spotlight and remain front and center with the highest volume in sales, occuring at the start of January 2022. Growing number of unique NFT buyers on Ethereum Source: Delphi DigitalWhile
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Bitcoin (BTC) started the new month in strength and today's run up to $59,053 suggests that bulls are beginning to shake off the fears stirred up by the Federal Reserve's taper talks and the emergence of a new strain of Covid-19. Altcoins also saw their prices lift off and early hopes of
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In what may be a first, in order to claim allocated tokens users had to vote on four articles of a foundational ENS governance constitution. These articles covered ensuring governance cannot revoke ENS ownership, allowing governance to alter registration prices, allowing governance the authority to integrate with other software naming
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The cryptocurrency market is abuzz on Oct. 25 as the sight of multiple altcoins hitting new all-time highs and Bitcoin's (BTC) return to $63,000 has traders looking for a resumption of the bullish uptrend.Top 7 coins with the highest 24-hour price change. Source: Cryptox Markets ProData from Cryptox Markets Pro
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Traders and the market are showing extreme optimism on Oct. 15 after rumors and an assortment of documents suggest that the path toward a Bitcoin ETF approval has fewer obstacles lying ahead.Following the positive news, the price of Bitcoin (BTC) rallied to nearly $63,000 for the first time since April and
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