News
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Bitcoin’s price surges above $26,000 sparks hope among investors
- September 16, 2023
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No CommentsIn the ever-evolving landscape of cryptocurrencies, Bitcoin continues to stand at the forefront, consistently exceeding expectations and surmounting new peaks. The most recent development igniting a fervor of anticipation is Bitcoin’s resounding triumph as it surged past the formidable $26,000 milestone, ushering in a period of contemplation and excitement among investors and enthusiasts alike. At
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Swift’s collaborative efforts with central banks drive CBDC interoperability
- September 16, 2023
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Global messaging platform Swift has embarked on a groundbreaking collaboration with three central banks to initiate beta testing of its central bank digital currency (CBDC) solution, a strategic endeavor aimed at propelling cross-border payments into the future using CBDCs. The Hong Kong Monetary Authority, along with the Central Bank of Kazakhstan, are among the three
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Certik warns that over 40% of Telegram bot tokens may be exit scams
- September 15, 2023
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Cryptocurrency security firm Certik has issued a warning that highlights a potential crisis in the world of Telegram bot tokens, with over 40% of them possibly being exit scams. Certik revealed this disturbing information in a tweet on Wednesday. The surge in popularity of these Telegram Bot tokens has been nothing short of astonishing, especially
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Bitcoin price reacts to surging inflation of 3.7% in latest CPI report
- September 15, 2023
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Bitcoin’s price has been on edge as it clings to the $26,000 level, with cryptocurrency traders closely monitoring the Wall Street open in the wake of the recent Consumer Price Index (CPI) report. On September 13, Bitcoin experienced sudden volatility, reacting to macroeconomic data from the United States that revealed inflation had surpassed expectations. Cryptocurrency
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Cryptocurrency market receives severe $1 trillion price crash warning for Bitcoin and Ethereum
- September 14, 2023
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The values of Bitcoin, Ethereum, and other cryptocurrencies have been steadily declining in recent months in the cryptocurrency space. This alarming trend has been exacerbated by the Federal Reserve’s acknowledged concerns, resulting in a significant decline in investor confidence. Despite the optimism generated by SEC insiders predictions of a $15 trillion Bitcoin “earthquake,” the market
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Lightspark CEO David Marcus envisions Bitcoin as the catalyst for global payment revolution
- September 14, 2023
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David Marcus, the CEO of Lightspark and co-creator of the now-defunct Diem cryptocurrency project, discussed his vision of Bitcoin evolving into a global payment network in a recent interview on CNBC’s Squawk Box. He spoke strongly about the critical need for a universal platform that could seamlessly handle money transfers, making them as simple as
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Bitget announces $100 million fund to foster ecosystem development
- September 13, 2023
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Bitget, a prominent crypto derivatives platform based in the Seychelles, has announced its latest initiative—a substantial $100 million fund aptly named EmpowerX. The purpose of this fund is to propel the growth of Bitget’s ecosystem and facilitate strategic partnerships, further cementing the company’s position in the ever-evolving cryptocurrency landscape. Earlier this year, Bitget embarked on
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USDC and DAI show greater frequency of depegging than USDT and BUSD
- September 13, 2023
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A recent report from S&P Global has shed light on the relative stability of various dollar-pegged stablecoins in the cryptocurrency market. Notably, stablecoins issued by Circle and MakerDAO, such as USD Coin (USDC) and Dai (DAI), have proven to be less stable compared to those from Tether (USDT) and Binance (BUSD) over the past couple
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SushiSwap expands beyond Ethereum compatibility with Aptos integration
- September 12, 2023
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SushiSwap, the popular decentralized exchange (DEX), has announced its integration with Aptos, a scalable, reliable, and secure Layer 1 blockchain, marking a significant departure from its reliance on Ethereum Virtual Machine (EVM) compatibility. This strategic partnership underscores SushiSwap’s commitment to enhancing its platform’s capabilities and strengthening its position as a versatile multi-chain network. The choice
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Crypto market liquidity highly concentrated among top exchanges
- September 12, 2023
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According to a recent report by crypto research firm Kaiko, liquidity in the world of cryptocurrency trading is highly concentrated among a few exchanges, with eight major exchanges accounting for nearly 90% of the total trading volume. According to the Kaiko report, these influential exchanges include Binance, Coinbase, OKX, and Huobi. Among this dominant group,