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Investment
Bitcoin Technical Analysis: Is Bitcoin Gaining Strength
Bitcoin, which started last week by descending to the support point at the $ 21400 level, quickly made attacks up to the $ 25200 level, the peak of August 2022, with purchases from this point. With the intense selling pressure from here, Bitcoin closed the following days between $ 23500 and $ 24600. Bitcoin, which started the day at $24632, experienced a similar scenario and rapid attacks up to $25192.…
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Cryptocurrency
What is Biconomy Token and How Does it Work?
Biconomy is a blockchain technology company aiming to simplify the use of blockchain applications for developers and users. One of its products is the Biconomy Token, a utility token used to pay for transaction fees and other services on the Biconomy network. In this article, we will explore what Biconomy Token is, how Biconomy Token works, and what investors need to know. Understanding Biconomy Token: A Comprehensive Guide Biconomy Token…
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Cryptocurrency
Skew, One of the Famous Traders of the Crypto World, Predicts a Big Move in Bitcoin
Trying to predict the future of Bitcoin (BTC) is no easy feat, yet some analysts are already making bold predictions. Recently trader Skew revealed his expectations for the crypto market’s trajectory and made a compelling case as to why they will become a reality. Bitcoin Will Either Drop To $19k Or Rise To $29k, According To The Skew Analyst With the growing number of Bitcoin non-zero balance addresses, analysts are…
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Cryptocurrency
Cardano’s Charles Hoskinson Accuses SEC of Lying
Recently, Charles Hoskinson, the Founder of Cardano’s, commented on Gary Gensler’s address to CNBC regarding cryptocurrencies. Unfortunately for Kraken crypto exchange, they had to shut down their staking operations due to being faced with charges from the SEC and paying a settlement fee of $30 million. “There Is No Way Crypto Exchanges Can Be SEC Registered” The SEC recently disclosed that the exchange hadn’t registered its staking program, which permits…
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Cryptocurrency
New EU Regulations Define Cryptocurrencies as Maximum Risk Assets
In 2025, the European Union‘s (EU) new regulations will demand that financial institutions abide by more rigorous capital requirements when handling cryptocurrencies. What’s more, these rules stipulate the strictest possible risk rating for such digital currencies should be assigned to them. All Cryptocurrencies Will Be Valued In Different Ways Depending on the cryptocurrencies being evaluated, the capital requirements stipulated by the European Union’s Basel Committee may vary. Popular cryptos like…
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Cryptocurrency
Will Bitcoin ATMs in the UK be Shut Down?
The Financial Conduct Authority (FCA) of the UK is clamping down on Bitcoin ATMs, deeming them unregulated and mandating that they be closed shortly. Bitcoin ATMs Must Be Registered and Submit to Anti-Money Laundering Rules. The British Financial Conduct Authority recently released an official statement requiring all cryptocurrency organizations–including Bitcoin ATMs–to be registered and comply with anti-money laundering policies. This is a direct message from the FCA, Britain’s financial enforcer.…
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Cryptocurrency
The Graph (GRT) Rising: Up 55% in the Last 7 Days
In the last week, The Graph (GRT)’s crypto analytics token has seen an unprecedented 55% surge in value, becoming one of today’s hottest news stories. Extracts Data from 26 Blockchains The Graph has experienced tremendous growth and now boasts a market capitalization of $1 billion. Its complex infrastructure allows users to securely store on-chain data from over two dozen blockchains – including Ethereum, Moonbeam, and more! The crypto company derives…
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Cryptocurrency
What is Shibarium?
Shibarium is a digital asset that is built on the Ethereum blockchain. It is a decentralized platform that enables users to trade, buy, and sell digital assets securely and transparently. Shibarium is a unique token in that it is based on the Shiba Inu meme, which has become popular in recent years. The popularity of this meme has led to an increase in demand for Shibarium, which has become a…
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Cryptocurrency
Introduction to FTM Coin and Phantom Coin: What You Need to Knowv
FTM Coin and Phantom Coin are two of the newest cryptocurrency projects to hit the market. FTM Coin is the native token of the FTM network, while Phantom Coin is a token of the Phantom project. This article will provide a comprehensive overview of FTM Coin and Phantom Coin and help you understand what you need to know about these projects. An Introduction to FTM Coin: What It Is and…
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Finance
The Global Financial Crisis and Its Effects on the Global Economy
A financial crisis is a rapid and widespread collapse of the economy, where stocks, bonds, and real estate are all drastically devalued. Banks may become distrusted due to limited access to credit or overly aggressive lending practices during this time of economic upheaval. However, in today’s world, where financial borders are getting blurred, this financial crisis seen in one of the big economies may spread to other countries and become…
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