Tag: COIN:BTCUSD
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Crypto this Tuesday: European Regulation Approves MiCA, Countdown to BTC Halving, and More
Bitcoin Halving: Less than 50,000 Blocks Remaining Bitcoin (COIN:BTCUSD) halving is approaching, with less than 50,000 blocks to go. Slated to take place on April 22, 2024, the event will cut the mining block reward in half. The Bitcoin community is looking forward to it, as previous halvings have been linked to a possible rise in price. However,…
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Crypto this Monday: LTC rises with NFT market entry, Samsung and BOK Together for CBDC, and More
SEC revises $22 million fine against LBRY SEC seeks to reduce fine from $22 million against platform LBRY to $111,614 due to lack of company funds. LBRY claims to be financially ruined and alleges that the amount originally required by the SEC was overstated. ”The Commission acknowledges LBRY’s representations that it is bankrupt, ceasing operations and…
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Crypto This Friday: Silvergate Delisted by NYSE, Animoca Brands Financial Position and More
BTC drops below $27,000 on US regulatory crackdown Cryptocurrency prices have plummeted due to regulatory and tight supply pressure from major market makers. Bitcoin (COIN:BTCUSD) is down 2.6% over the past 24 hours to $26,301, while Ether (COIN:ETHUSD) lost 1.6% to trade at $1,766. Chart analysts highlight $25,200 as a threshold before a more significant drop, according…
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Crypto this Thursday: NY to Accept Stablecoin Bail, Justin Sun to Trade Memecoins, and More
Bail payments in New York can now be made using stablecoins New York is considering accepting dollar-pegged stablecoins as bail payments, according to a new bill introduced by state legislator Latrice Walker. The proposal aims to add fiat-backed stablecoins to the list of pre-existing methods of paying bail bonds, which includes cash, insurance bonds and credit…
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Crypto This Wednesday: Elon Musk Tweets a Milady, Tether Reports $1.48 Billion Q1 Profit
Elon Musk tweets an Milady NFT Twitter CEO Elon Musk boosted the collection of NFT Miladys on Wednesday, sharing a meme that featured an NFT avatar with the words “No meme, I love you.” This led to the collection becoming the biggest trend in the OpenSea NFT market, with the lowest price peaking at 7.3 ETH…
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Crypto this Tuesday: Paxful Resumes Operations, Binance Integrates Bitcoin Ordinals, and More
Goldman, Microsoft, Cboe team up to launch Blockchain network Goldman Sachs (NYSE:GS), Microsoft (NASDAQ:MSFT), Deloitte, Cboe Global Markets have joined the Canton Network, a new blockchain network aimed at connecting disparate institutional applications, according to Bloomberg. The network will test features in July and promises to offer greater privacy and controls than currently available. Other participating companies…
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Crypto this Monday: Binance Restarts BTC Withdrawals, Deus Finance Hacked, and More
Binance Restarts Bitcoin Withdrawals After Second Stop Cryptocurrency exchange Binance has resumed withdrawals of Bitcoin (COIN:BTCUSD) and other cryptocurrencies after a second outage recently. Binance had stopped withdrawals for the first time saying higher fees were applied to pending transactions in order for them to be picked up by Bitcoin miners – the computer platforms that…
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Monday’s Wall Street Highlights: Berkshire Hathaway, Estée Lauder, AMC, PacWest and more
US index futures operate slightly upwards and without a firm trend, showing difficulty in extending Friday’s gains, given the caution with the situation of the banking system and the effect of monetary tightening on economic growth. By 8:09 AM, futures linked to the Dow Jones Industrial Average were up 103 points, or 0.31%. S&P 500 futures were up…
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Crypto this Thursday: Alibaba Cloud creates Metaverse Launchpad, El Salvador zeroes taxes on tech Innovations, and more
Alibaba Cloud builds Metaverse Launchpad into Avalanche Alibaba’s cloud division (NYSE:BABA) has launched a launch pad called Cloudverse for companies to deploy metaverses on the Avalanche blockchain. Avalanche will provide the technology to build the metaverse spaces, while Alibaba Cloud will provide the compute and storage. The platform is designed to provide an end-to-end platform for companies…
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Crypto this Friday: Binance enters Japan, BTC holds at $ 29K and more
Etherisc Launches Chainlink-Powered USDC Peg Protection Etherisc, the open-source decentralized insurance protocol and ecosystem, has released a depeg USDC protection hedge to the public, a press release said. In case of a depeg, the solution protects USDC (COIN:USDCUSD) deposits in non-custodial wallets with automated pre-specified payments, verified through the Chainlink Data Feed. As soon as the USDC to…