Cryptocurrency Analysis and News Portal
The party across global market might be coming to an end with Bitcoin positioned to be one of the assets with the potential to come on top. The shift in the U.S. Federal Reserve monetary policy will ripple across the stock market as interest rates spike and they reverse their
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An ether breakout above $4,027 should “not face much resistance at 4410, but likely surpass this and rally to targets near 4951, or targets above lie near 5826,” and “it’s anticipated that September highs should be exceeded, giving way to acceleration back to new all-time highs,” FSInsight said. Source
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John Culifferthe, Bank of England’s Deputy Governor, discouraged crypto’s use in the UK’s finance system. He announced earlier that although cryptocurrencies are becoming more supported within United Kingdom’s financial system, they aren’t a significant threat. However, he also recommended that enhanced regulations should be enforced as digital currencies constantly expand. Related Reading
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At the IRS-CI, Price headed international investigations into individuals and groups looking to use cryptocurrency for illegal intent, including the successful prosecution of the operator of Helix, a darknet mixing service that sent out transactions in mixed batches to mask the identity of senders. In his 15 years in law
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South Korean Internet giant Kakao launched two blockchain units in Singapore as part of the company’s plans to expand its blockchain reach for the Klaytn project globally. Two Blockchain Entities in Singapore According to the Korea Herald on Monday (August 16, 2021), the two blockchain-based entities established in the city-state are the
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The cryptocurrency merchant bank has acquired a lending firm and a trading company as it seeks to become the "go to" platform for institutional access to digital assets, the firm said Friday. Source
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The Lightning Network is a young protocol, and it’s going through some technical growing pains as its tech stack grows and its network expands. While most of the vulnerabilities (covered in part one of this series) are neither protocol-breaking nor easy to exploit, they’re still reminders that improvements come with
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A group of anonymous Uniswap users is trying to unite the many small holders of the UNI governance token to deal with potential problems in the automated market maker’s (AMM) governance. Yet that is what the launch of UNI last week was supposed to do. The big initiative being promoted by
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As part of its Russian expansion plans, Seychelles-based exchange Huobi Global appointed Vladimir Demin as the company’s chief advisor. His main role will be to help develop the company’s market in the region.According to the announcement, he had previously served as partner and CEO of Huobi Russia.Demin believes that market
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Bitcoin spot volume may have been low this week, but the real action in crypto has been in the options market and decentralized finance. Bitcoin (BTC) was trading around $9,274 as of 20:00 UTC (4 p.m. ET), slipping 1% over the previous 24 hours. At 00:00 UTC on Friday (8:00 p.m. Thursday
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