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In the midst of a downward trend in the majority of the cryptocurrency industry, the market has experienced a significant decrease of over $20 billion in its total market capitalization within a week. This decline has shattered hopes of a prompt recovery to the $2 trillion mark and instead raised concerns that the market could … Read More “Cryptocurrency Market Capitalization Plunges Over $20 Billion in a Week” »
Bitcoin is a decentralized digital currency that was created in 2009 by an unknown person or group using the name Satoshi Nakamoto. It is based on a technology called blockchain, which is a distributed ledger that records all transactions on the network. In this guide, we’ll provide a comprehensive overview of Bitcoin and everything you … Read More “Bitcoin for Beginners” »
Takeaways: The partnership allows eToro users to access information about a particular financial asset, join discussions and share information with other users. This can help users make more informed investment decisions, which aligns with eToro’s mission of making investing more accessible and transparent for everyone. FTX attorney Andy Dietderich said that the company is stabilizing … Read More “eToro Partners with Twitter, FTX to Acquire Collapsed Exchange” »
Takeaways: Bitcoin has crossed $30,000 for the first time in 10 months on Tuesday, as traders are increasingly betting on the Federal Reserve ending its monetary tightening policy ahead of the release of key inflation data on Wednesday. This rally marks an 80% year-to-date gain, with gains of nearly 46% recorded in the last 30 … Read More “Bitcoin Surges Past $30,000 Mark as Investors Seek Safe Haven in Cryptocurrencies” »
Takeaways: European DeFi start-ups saw a massive 120% increase in venture capital funding in 2022, with investments totaling $1.2 billion, up from $534 million in the previous year. This surge in funding comes despite the cryptocurrency market’s turbulent year, marked by a persistent bear market and high-profile failures of some of the sector’s biggest companies. … Read More “Latest Crypto News: European DeFi start-ups see 120% surge in VC funding, while Jim Cramer shuns Binance amidst CFTC lawsuit” »
Takeaways Huobi Global, one of the largest digital assets platforms, has announced a partnership with Gala Games, a gaming ecosystem. As part of the partnership, Huobi Global will integrate Gala Game’s highly scalable layer 1 blockchain and list tokens from the Gala Games ecosystem. Galaxy Digital CEO Mike Novogratz has highlighted the bull case for … Read More “Crypto Latest News: Huobi announces its plans to list tokens from Gala Games, Galaxy Digital CEO Bullish on Crypto, Trump NFTs Surge After Indictment” »
Bitcoin has the potential to transform Africa’s banking industry, which is valued at $86 billion. A recent report revealed that African countries, such as Nigeria, have some of the highest adoption rates of cryptocurrencies globally. The report noted that Bitcoin is increasingly being used as a means of transferring funds across borders and as a … Read More “IRS Issues New Guidelines for Taxation of NFTs, and Bitcoin Adoption in Africa” »
Binance, the popular cryptocurrency exchange, has completed its temporary system maintenance and has resumed all trading activity as of 2023-03-24 14:00 (UTC). Users can now cancel orders, process deposits, trade on P2P, and perform lending, redemptions, asset transfers, and all other account-related functions. Withdrawals will resume shortly after spot trading starts, and trailing stop orders … Read More “Binance Completes System Maintenance, Resumes All Trading Activity (2023-03-24)” »
The cryptocurrency market has been experiencing significant fluctuations in recent days due to various negative developments, including a stock market sell-off in the U.S. and the collapse of a crypto-focused lender. However, amidst these fluctuations, there are some positive updates that may bring hope to investors. Negative Developments in the Cryptocurrency Market On Friday, Bitcoin … Read More “Fluctuations in Cryptocurrency Market: Negative Developments and Positive Updates” »
A recent study by Dua Crypto’s European Crypto Index has shed light on the growing interest in cryptocurrencies across Europe. The study analyzed over 40 million Google search queries filtered by 191 crypto-related keywords to determine the most crypto-curious countries in the region. The Netherlands emerged as the most crypto-curious country, with over 2 million … Read More “Netherlands, Slovenia, and Switzerland Lead in Crypto-Curiousness Across Europe, According to Study” »
