As the crypto market continues to ebb and flow, many investors are looking for the best opportunities to put their money into. While Bitcoin remains the most well-known and trusted crypto asset, other altcoins are also gaining traction in the market. One such altcoin that has been making waves recently is Hedera Hashgraph (HBAR). This
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Two leading organizations in the cryptocurrency realm, the Blockchain Association and the Crypto Freedom Alliance of Texas, have recently taken a bold step by filing a legal action against the US Securities and Exchange Commission (SEC). Their argument revolves around the SEC’s alleged overreach in sanctioning a rule that redefines the parameters for determining a
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With the recent Bitcoin halving event causing significant changes in the cryptocurrency space, Bitfinex’s analysis provides reassurance to investors regarding the market dynamics of BTC post-halving. According to Bitfinex’s Alpha report released on April 22, the on-chain data indicates positive developments for Bitcoin despite the current uncertainty in the United States economy. The report highlights
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The recent surge in Ethereum’s market recovery has been attributed to significant buys suspected to have been made by Tron’s founder, Justin Sun. Sun’s accumulation spree has once again brought attention to the bullishness of crypto whales towards Ethereum despite its fluctuating prices. According to on-chain analytics platform Lookonchain, a mysterious wallet suspected to belong
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Recent data indicates that Ethereum Open Interest has been lingering at lower levels, raising concerns about the potential impact on the cryptocurrency’s price movements. When looking at the total number of derivative contracts open for Ethereum across all exchanges, the Open Interest serves as a key indicator of investor sentiment in the market. An increase
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Cardano recently experienced a significant price crash in the past two weeks, amidst a broader market downturn led by Bitcoin. The crash led to the formation of an ABC wave pattern, which is known for causing sharp price declines, with Cardano plummeting by as much as 50%. However, with the recent market recovery, the ADA
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In response to the rapid growth and increasing complexity of the digital assets sector, the Hong Kong Securities and Futures Professionals Association (HKSFPA) has called for the establishment of independent self-regulatory organizations (SRO) dedicated to overseeing this industry. This initiative aims to enhance the regulatory landscape to support innovation and security within the burgeoning field.
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Recent volatility in the crypto market has not spared Ethereum, the second largest crypto token by market cap. Despite this, data from Coinglass indicates that a majority of Ethereum investors and traders are bullish on the future price of the crypto token. Many have opened long positions on Ethereum, signaling their belief in significant upward
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FTX creditors are facing a critical decision as the defunct exchange’s bankruptcy estate plans to auction off its remaining Solana token holdings. This auction represents a unique opportunity for retail investors impacted by the collapse of the exchange to participate in the process and potentially recoup some of their losses. Encouragement for Participation Sunil Kavuri,
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Recently, Kenyan authorities have been preparing to extradite Nadeem Anjarwalla, a Binance executive wanted by the Nigerian government. A coordinated effort involving various agencies, including the Economics and Financial Crimes Commission (EFCC), Nigeria Police Force, Kenya Police Service, Federal Bureau of Investigation (FBI), and International Criminal Police Organization (INTERPOL), resulted in his capture in Kenya.
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The recent Bitcoin halving event on April 20 has significantly impacted miners’ profitability. The reduction in block rewards from 6.25 BTC to 3.125 BTC has forced miners to find alternative ways to remain profitable in the current market environment. With the decrease in daily asset production, miners are now relying more on transaction fees and
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Gaswizard, a groundbreaking solution to the age-old challenges faced by drivers globally, has finally made its debut. This platform marks a new era in the world of transportation, characterized by innovation, efficiency, and empowerment. With Gaswizard, drivers can now embark on a transformative journey towards a future where mobility is seamless, sustainable, and accessible to
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The recent Bitcoin halving has caused ripples in the cryptocurrency world, marking a significant event where the creation rate of new coins is cut in half every four years. This phenomenon has far-reaching effects on the entire crypto market, including the emerging realm of Web3 gaming. But how exactly does this pivotal event influence the
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Yuga Labs, the creator of the popular Bored Ape Yacht Club (BAYC), recently made a bold move by burning 4,295 HV-MTL NFTs. This decision was triggered by the acquisition of two gaming IPs by the blockchain gaming studio Faraway. By burning a significant portion of the HV-MTL NFTs, Yuga Labs aimed to create scarcity and
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