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Bitcoin Open Interest Nosedives, But All Hope Is Not Lost
Bitcoin open curiosity has been on a downtrend not too long ago. This isn’t a surprise provided that the worth of the digital asset had additionally been declining in latest occasions. The previous week has seen this downtrend largely pushed by actions on the crypto trade, Binance. Despite this decline, it’s nonetheless not all dangerous […] More
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Bitcoin Is Mainly Used in Underground Economy for Illicit Activities – Featured Bitcoin News
Former Federal Reserve chairman Ben Bernanke says the principle use of bitcoin is “mostly for underground economy activities and often things that are illegal or illicit.” He added, “I don’t think bitcoin is going to take over as an alternative form of money.” Ben Bernanke on Bitcoin, Cryptocurrency Former Federal Reserve chairman Ben Bernanke shared […] More
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Crypto-friendly SEC Commissioner Hints At Stablecoin Regulation After Terra Collapse
The U.S. Securities and Exchange Commission (SEC), commissioner Hester Peirce, popularly often known as “crypto mom,” signaled that SEC may develop stricter guidelines round crypto stablecoins quickly as a result of Terra’s UST crash incident. According to Reuter’s report, on May 12, Pierce commented on the progress in a web based dialogue hosted by the […] More
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Warren Buffett-Backed Nubank Launches Crypto Trading — Holds Bitcoin on Balance Sheet – Finance Bitcoin News
Warren Buffett-backed Nubank, one of many world’s largest digital banking platforms, has launched cryptocurrency buying and selling. Starting with bitcoin and ether, the financial institution defined that its 54 million clients can “buy, hold and sell cryptocurrency all from the same app, with no need to open new accounts or transfer money.” Nubank Now Offers […] More
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Cardano Founder Says Yes, This Is A Bear Market
The crypto market has taken a beating just lately and Cardano has been one of many worst-hit digital property. This has sparked worry throughout the market the place buyers are lamenting that the crypto area is lastly headed into one other bull market. Cardano Founder Charles Hoskinson has taken to addressing these bear market considerations, […] More
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Value Locked in Decentralized Finance Slides 17% Lower Over the Last 30 Days – Defi Bitcoin News
The worth locked in decentralized finance (defi) protocols has misplaced 17.77% during the last 30 days, falling from $221.67 billion to immediately’s $182.27 billion. Moreover, statistics present the entire worth locked (TVL) throughout a broad vary of defi protocols shed important worth over the past seven days. Defi Protocols Shed Considerable Value Decentralized finance (defi) […] More
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Ricardo Salinas’ BTC Masterclass, Part 2: Sound Money System + Keiser & Herbert
As Mexican billionaire Ricardo Salinas continues to elucidate bitcoin from the personal jet perspective, Bitcoinist’s companion piece to the interview continues the job we began right here. Or, it would even have been right here. This time, Salinas and journalists and podcasters Max Keiser and Stacy Herbert go even additional into the bitcoin rabbit gap. […] More
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‘It’s Hard Not to Want to Be Long Crypto’ – Featured Bitcoin News
Billionaire hedge fund supervisor Paul Tudor Jones expects crypto to have a brilliant future because the Fed hikes rates of interest to struggle inflation. The famed investor emphasised, “It’s hard not to want to be long crypto.” Famed Hedge Fund Manager Paul Tudor Jones on Bitcoin, Crypto Billionaire investor and famend hedge fund supervisor Paul […] More
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Is It Possible For Crypto To Go Green? Big Companies Are Trying, But It’s Not That Easy
Going inexperienced is a perfect technique to run crypto — however is it doable? Governments have been involved concerning the damaging impacts of cryptocurrency mining to the atmosphere because it exhausts huge quantities of power, particularly for the so-called “proof of work” mechanism. China, as an example, has banned Bitcoin mining. In Northern Sweden, Hive […] More
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Idaho Warns of Crypto Scams Promising 80% Returns Every 24 Hours – Featured Bitcoin News
The finance division of the U.S. state of Idaho has warned buyers of a sequence of cryptocurrency scams promising returns as excessive as 80% each 24 hours with no dangers to buyers. Crypto Scams Promising High Returns The Idaho Department of Finance introduced Wednesday “a series of fraudulentcryptocurrency schemes seen recently targeting Idaho investors.” The […] More
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Study Shows UK Investors Prefer Shiba Inu Over Dogecoin
The rise of meme cash akin to Dogecoin and Shiba Inu has been nothing in need of phenomenal. These two digital belongings have redefined what’s required for a cryptocurrency to achieve success out there. However, this has not stifled the rivalry between the 2 in any means. Shiba Inu, a self-styled ‘Doge Killer’ continues […] More
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Quik․com’s Limited NFT Domains Minting is Now Live – Sponsored Bitcoin News
sponsored Buzzwords like NFTs, Web 3.0, and blockchain domains have infatuated everybody within the tech and crypto of late. The time period Web 3.0 is now part of on a regular basis dialog. However, you received’t appear critical about it till you personal an NFT area. Web 3.0, the web of tomorrow, is an umbrella […] More