Cryptocurrency
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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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What is NightVerse Game Token and How Can You Use It
If you are a player or investor in cryptocurrency, you may have heard of the NightVerse Game Token. This new token is getting a lot of talk, and many people are wondering what it is, how it works, and how it can be used. In this article, we will explore what NightVerse Game Token is, examine NightVerse Game Token’s advantages and disadvantages, discuss the factors that affect NightVerse Game Token’s…
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Solana Exceeds the Predictions With Over $800 Million Trading Volume
According to statistics released by crypto analytics platform Token Terminal, Solana (SOL), the cryptocurrency that drives Solana‘s high-performance smart-contract-enabled blockchain, had an incredible $830 million in trade volumes on February 16th. This was the second-highest day trade volume in two weeks, with just February 15th topping it with $850 million. Solana has whipsawed both sides of its 21-Day Moving Average (DMA) around $23.0, resulting in an increase in trading volumes. On Friday,…
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CleanSpark is Making a Provident Move for Mining
CleanSpark, a bitcoin miner, has increased its mining capacity in the United States by buying 20,000 additional Antminer S19j Pro+ processors for $43.6 million. The acquisition will increase the company’s computing capacity by 37%, bringing the total number of miners acquired during the bear market to 46,500 units. Video content CleanSpark will pay $32.3 million for the equipment after implementing coupons at a 25% discount, for a total price per…
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Did SEC Cause Binance to End Relations With its US Partners?
In accordance with a Bloomberg report, cryptocurrency exchange Binance is considering terminating partnerships with its business partners in the United States. Due to the Securities and Exchange (SEC) Commission’s tightening of regulatory standards, the market’s top cryptocurrency exchange is allegedly considering delisting tokens from any businesses situated in the United States. Video content The Atmosphere Of Binance is Tense After the Paxos Incident As the SEC filed a lawsuit against the…
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George Soros Increases Bitcoin Investments
Hungarian-American billionaire George Soros’ investment firm, Soros Fund Management, has been rapidly expanding its investments and exposure to cryptocurrency companies, as revealed by filings with the U.S. Securities and Exchange Commission (SEC). For instance, $39.6 million was invested in debentures of Bitcoin miner Marathon Digital Holdings alone! George Soros Invests In MicroStrategy With A Lot Of Bitcoin On Hand The quarterly report, Form 13F, uncovered that Soros‘ fund took ownership…
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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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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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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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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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