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Meanwhile, a run-up in both these tokens has historically marked a local top for bitcoin and other major tokens. “Every time that the price of DOGE starts rising rapidly, there’s a market-wide crash following just moments later,” blockchain analytics firm Santiment said in a report last December. Source
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The tokens were relisted on Gemini after July’s court order in favor of Ripple Labs, with judges ruling that the “offer and sale of XRP on digital asset exchanges did not amount to offers and sales of investment contracts.” It was previously alleged Ripple Labs sold XRP, a security, to
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Share Share on Twitter Share on LinkedIn Share on Telegram Copy Link Link copied In an unexpected move, Twitter recently changed its logo to include the iconic meme dog from dogecoin (DOGE), driving the meme coin’s price higher. At the same time, interest in the digitoads (TOADS) ongoing presale is
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In the midst of a turbulent week for the crypto market, non-fungible token (NFT) sales have shown resilience, experiencing a surge of 7.74% in weekly sales, totaling $181.82 million. Data also reveals that there has been an increase of 41% in NFT buyers over the course of the week, surpassing
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A report from the Bank for International Settlements (BIS) suggests that trading activity on major exchanges increased in the days following the collapse of crypto firms FTX and Terraform Labs.In a Feb. 20 bulletin on “crypto shocks and retail losses,” the BIS reports that while the price of Bitcoin (BTC), Ether
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According to data from Nansen, of the circulating supply of stETH, some 931,000, or 20%, sits in crypto lending platform Aave’s aSTETH Token contract, while roughly 411,000 or 8.75% resides in decentralized stablecoin exchange Curve’s stETH-ETH Swap contract, demonstrating the token’s wide integration into DeFi protocols. Source
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Shiba Inu, a cryptocurrency that is a spin-off of dog-themed crypto Dogecoin, is counting on massive token burning rates to stop its
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U.S. President Joe Biden has shared his perspective on inflation. “I am more optimistic than I’ve been in a long time,” he said, noting that inflation has not spiked for several months. Many people disagree with Biden, with one saying that “families are poorer than when he took office.” US President
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After April’s consumer price index (CPI) report was published, a number of American economists and bureaucrats said that inflation had peaked and it was possible that inflation would subside. However, statistics from the U.S. Labor Department indicate the CPI increased 8.6% from a year earlier, as the month of May’s
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According to reports and data stemming from ruble-denominated crypto trading pairs, Russian citizens are flocking toward cryptocurrencies amid the conflict in Ukraine. Analytical data indicates that the ruble is the sixth most traded pair with tether and tether’s fourth most traded fiat-denominated pair globally excluding two crypto assets. Report Highlights Russian
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