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Cryptocurrency
What’s Happening to Binance? Coinbase Delisted Binance USD Stablecoin
On Feb. 27, Coinbase revealed that it will cease trading Binance USDs on March 13 due to its “listing standards.” This is a major development affecting the third-largest stablecoin by market capitalization in a significant manner. Binance USD Is Being Removed for Not Meeting Coinbase Qualifications Coinbase.com (simple and advanced), Coinbase Pro, Coinbase Exchange, and Coinbase Prime will be affected by the decision to suspend trading for Binance USD. As…
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Cryptocurrency
Could NFTs Be Considered As Securities In The US?
A US court ruling that virtual assets on blockchain systems are securities “would be ludicrous,” according to the chief legal officer of the Blockchain Association. That happened when a federal judge authorized a lawsuit against exclusive NBA Top Shot Moments NFTs. A potential class action lawsuit brought by buyers of Dapper Labs Inc.’s NBA Top Shot Moments NFTs has been contested by the company. Nevertheless, Dapper Labs was mistaken, as US District…
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Cryptocurrency
Cronos Token: A Revolution in Cryptocurrency? Discover the Groundbreaking Features Now!
Cryptocurrencies are constantly evolving, with new tokens being introduced regularly. One such token that has been making waves recently is the Cronos Token. This revolutionary new token has caught the attention of many investors and crypto enthusiasts, and for a good reason. This article will look at the what Cronos Token is and explore what sets it apart from other tokens. We will also delve into the future of the…
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Investment
AVAX Technical Analysis: Biggest Support EMA200
AVAX, which ranks sixteenth behind the leading cryptocurrency Bitcoin, continues to give a positive image in the crypto market. Having regressed to the EMA55 level last week, AVAX is trying to continue its upward trend by taking advantage of its purchases in Bitcoin. AVAX, which retested the 21.62 resistance two days ago, has consolidated its position above the averages, despite selling from this region. Starting at the $ 20.98 level…
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Investment
AVAX Technical Analysis: 200-Day Average Exceeded
Having completed the last week with the rise with the leading cryptocurrency Bitcoin, AVAX continues to rise with support from the EMA55 level at $ 17. Having faced sales from this region before, AVAX started the new week by breaking the 200-day average. AVAX, which had a quieter day yesterday, will start the new week more aggressively, and trade above the 200-day average will increase the expectations for AVAX. At…
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Cryptocurrency
Sanctions on BUSD Seem to Have Increased Interest in Tether
Following the US regulatory crackdown against one of its rivals, BUSD, Stablecoin Tether’s flagship token USDT saw an incredible surge in market cap – from $68.47 billion on Tuesday to around $69.23 billion by Wednesday (15), according to CoinMarketCap data. This huge increase is almost equivalent to the decline observed for Binance-owned Paxos issued token BUSD, which plummeted from a market cap of $16.14 billion all the way down to…
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Cryptocurrency
Tesla Still Holds Nearly 10,000 Bitcoins
Two years after Tesla invested in Bitcoin, the cryptocurrency is still 33% below its original purchase price – showing no signs of improvement. It’s time for Elon Musk and his company to take action if they want to see any return on their initial investment; currently, most of the profits are disappearing into thin air. Tesla Lost A Considerable Amount of Money in Its Bitcoin Investments Elon Musk’s declaration of…
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Cryptocurrency
Brave Initiates a Partnership With Solana Regarding Mobile dApps, Expanding Their Reach
It has been the service provider’s job to make cryptocurrency usage as easy and effective as the adoption of cryptocurrencies like Solana continues to grow. In the most recent news, Brave and Solana have teamed together to promote cryptocurrency acceptance while maximizing its use. On February 7, Brave disclosed through a Twitter thread that it had partnered with the SOL network and that the browser now supports SOL mobile dApps. Also,…
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Cryptocurrency
New Developments in BonqDAO Hack: Hacker Stole $2 Million
The cryptocurrency world was shaken by the hacking of BonqDAO, a DeFi platform built on Polygon. After this development, while people eagerly awaited an explanation of the details of the hack from the authorities, that statement finally came. According to the statement, the hacker made a considerable amount of money from the hack, which he did with a tiny amount. 120 Million BEUR Were Stolen from BonqDAO On February 1,…
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Cryptocurrency
Big Jump in Cardano: It Increased by 65% in 2023
Since the start of 2023, the cryptocurrency market has been on a tremendous uptrend, with its total cap surpassing $1 trillion in only five weeks. Cardano (ADA) has particularly shined out among other tokens throughout this bullish run and continues to surge upwards daily, raking huge profits for investors. What Could Be the Reasons for Cardano (ADA)’s Jump? While numerous elements have catalyzed Cardano‘s surge during the past few weeks,…
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