Protocol Labs, Chainalysis and Bittrex add to crypto layoff season

Crypto execs suggested that the “extremely challenging” times forced them to cut jobs to “weather this extended” crypto winter.

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Decade-Old Crypto Exchange Listed on Nasdaq at 4 Times its Valuation

Cathie Wood’s Ark Investment Management’s three funds bought nearly 750k Coinbase shares, which went to almost $430 before ending the day at around $328. 28. The Crypto market is experiencing volatility, seeing new ATHs and retracements.

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What Are the Legal Challenges That Crypto Faces and the Way Out?

The popularity of the cryptocurrency space has catapulted to new levels in recent times. Apart from retail investors, institutional interest in the crypto space has grown massively. The next logical step for the progress of the crypto industry is some sort of government validation while remaining totally decentralized. While this seems too good to be […]

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Crypto traders on Robinhood reach record 9.5 million in Q1

Online brokerage Robinhood announced on Thursday that the number of users on its platform for the first quarter hit a record level of 9. 5 million. Based on the announcement, the recent number is 6 times higher than the total number in the previous quarter.

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Clever DeFi (CLVA): A Bitcoin-Beating Strategy of Building Wealth with Gas-Less Distribution of Yield

Clever people accrue wealth from passive income, capitalizing on interest payments. Crypto enables this, with Bitcoin being a prime example.   However, times are changing. Savvy investors are moving to DeFi, where the middleman’s removal is transforming the way people make money and earn decent above-average yields.

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Snoop Dogg Will Auction His First NFT Collection, is The Top in?

Snoop Dogg will auction his first NFT collection, titled “A Journey with the Dogg,” via Crypto. com. In recent times, a slew of musicians and celebrities have jumped on board the NFT bandwagon.

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Test Your Crypto Knowledge With BIC’s Weekly Quiz — March 27

In what is seemingly a never-ending trend, NFTs have once again been the most popular topic in the media this week, with mentions of Dorsey's first tweet, Binance's new NFT minting and even the New York Times getting into the space.

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Miami Wants to Become the Largest Bitcoin Hub in the United States

Bitcoin and the entire crypto sphere continue to gain traction from various players, including States and regional governments.  In a recent interview with the New York Times, Francis Suarez, the Mayor of Miami, stated that his administration is keenly working on making the City the world’s digital assets capital.

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Crypto Transfers Security Ramped up with ethbox IDO

Crypto adoption by mainstream investors is currently exponentially rising. A report by Robinhood, a trading app used by the modern layman investor, titled “Crypto Goes Mainstream” revealed that 6 million new crypto users were registered on the platform in the first two months of 2021, which is more than 10 times the monthly average of […]

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Weibo accounts of three major crypto trading exchanges suspended

Chinese Twitter-lookalike and the largest micro-blogging social media site Weibo, has suspended the official accounts of three major crypto exchanges, Binance, Huobi, and OKEx. According to a report by the local media outlet, the Global Times, the crypto community on Weibo started to notice on Thursday morning that the three accounts were inaccessible. A notice […]

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Radix Teams Up With Industry Giants to Bring DeFi to 100 Million

Decentralized finance applications have seen massive growth in the last year, currently storing over 50x times more value than at the start of 2020. The DeFi journey may just be beginning, however, as Radix has partnered with several of the most prominent names in crypto to launch the Goodfi Alliance, a DeFi growth initiative.

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Bitcoin Slides Over 13%, Veteran Trader Peter Brandt Suggests BTC Will Peak at $200k but Hints of Possible Deep Corrections

Veteran trader Peter Brandt has implied in a tweet that bitcoin will go through deep price corrections before it gets to the $200,000 mark. Brandt points to the 2015-17 bull run when bitcoin went through similar corrections about nine times as the precedent the crypto asset might follow.

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Will the SEC give the green light to a Bitcoin ETF any time soon?

The United States' Securities and Exchange Commission [SEC] has a history of disapproving crypto exchange-traded funds [ETFs]. However, analysts believe that times are changing and that the SEC will bThe post Will the SEC give the green light to a Bitcoin ETF any time soon? appeared first on AMBCrypto.

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The Many Facts Pointing to Chainlink’s Sergey Nazarov Being Satoshi Nakamoto

During the last few years, smart contracts and blockchain oracles have transformed the crypto industry, and one specific project called Chainlink is the most widely used oracle network to-date. Another interesting thing about Chainlink is the project’s creator, Sergey Nazarov has been a Satoshi Nakamoto suspect in recent times. Last year, a number of reports […]

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Grayscale Acquired Almost 1.5 Times Total Bitcoin Mined in January 2021

The biggest crypto hedge fund, Grayscale, has raked in nearly 1.5 times the total Bitcoin amount produced by miners in the first month of 2021

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Run, blockchain, run! DeFi adoption needs faster block times

Low-cost, low-latency and highly scalable blockchain infrastructure — that is what will lead crypto and DeFi to real mass adoption.

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Gen X Investors Overtake Millennials in Crypto Adoption: Wirex & Stellar Report

Nearly 75% of consumers view digital assets and stablecoins as an alternative to traditional money transfer services. High fees, slower transaction times, and hectic cross-border transfers are some of the reasons leading consumers to digital asset payment systems, joint research from Wirex and Stellar Development Foundation (SDF) states.

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Millennials are the Backbone of the Crypto Market

The Millennial generation is likely to lead humanity into a phase of fintech as they hasten the adoption of Bitcoin. Researchers have discovered that cryptocurrency is three times more popular among members of the millennial generation than any other generation of Americans.

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Seven times that US regulators stepped into crypto in 2020

From capping off the era of ICOs to tightening regulations on private wallets, U.S. financial watchdogs waded deeper into the crypto land than ever in 2020.

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EXCLUSIVE: Alex Mashinsky Says Take Whatever Spare Cash You Have And Buy Some Bitcoin

Full transcript: Jessica Walker (JW): We’re ending the year on another hugely positive note. We’re seeing bitcoin (BTC) as the best performing asset, over the past ten years. How are you reviewing this year’s performance in crypto? Alex Mashinsky (AM): Well, we were obviously tested a few times — once with COVID, and again, with … Continued The post EXCLUSIVE: Alex Mashinsky Says Take Whatever Spare Cash You Have And Buy Some Bitcoin appeared first on BeInCrypto.

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Five times crypto got weird in 2020

Crypto is no stranger to weirdos, so here’s a few times the space got strange in 2020.

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Digital Assets Find Their Footing in Unstable Times

Socioeconomic forces have tipped in crypto's favor this year.

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Dominant Trading Platforms Charge Traders up to 13 Times more than CPH Crypto

Bitcoin Press Release: Recent calculations clearly document that the dominant crypto trading platforms are up to 13 times more expensive for active crypto traders to use than the new Scandinavian exchange CPH Crypto.

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India prepares to introduce taxes from cryptocurrency investments

According to The Economic Times, India’s income tax authority is monitoring crypto investors and traders to demand income tax from them. This was reported by sources close to the government. The country’s tax department monitored cryptocurrency transactions that were conducted using bank accounts.

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Microstrategy Holds 3 Times More Bitcoin Than Crypto Fund Galaxy Digital

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Canaan Reports a Q3 Net Loss $12.3 Million Despite the Crypto Market Comeback

Canaan Creative, a Nasdaq listed Bitcoin miner manufacturer, has reported another loss in Q3 according to the latest unaudited financials released on Nov 30. This time the number jumped to $12. 3 million, which is around four times the $2.

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Bitcoin's price could one day be $500,000: Gemini's Winklevoss brothers

Crypto exchange Gemini’s co-founders, the Winklevoss twins think Bitcoin will be gaining 25 times its current value as more global investors adopt the leading crypto as a hedge against inflation. InThe post Bitcoin's price could one day be $500,000: Gemini's Winklevoss brothers appeared first on AMBCrypto.

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What is MoonDeFi: The Decentralized Protocol for Automated Liquidity

Centralized exchanges have been the backbone of the crypto market for many years. They provide fast settlement times, high transaction volumes, and continuously improve liquidity. However, a centralized economy does have certain limitations nonetheless.

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The Transcendence Project Introduces a Highly Efficient VIM3-based Crypto Miner, More in Store

TELOS, which is part of the Transcendence project, has made great strides in recent times with new developments as it strives to create decentralized solutions with real-world applications covering different segments of the industry.

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ETH Gas Prices Explode Higher After Ethereum Dumps to $480

Everything is going as expected and as seen by the crypto market so many times. The market has been given a Thanksgiving sale as the price of Bitcoin fell hard, to about $6,300 level. This obviously led to an even bigger sell-off in the price of the altcoins.

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Altseason Euphoria Grows as Ether-Bitcoin Correlation Drops to 3-Year Low

As the crypto market appears set to end 2020 on a high, expectation appears to be growing for a possible altseason which could see altcoin tokens return to previous price milestones. This year’s positive price performance has also seen the total market capitalization grow over three times its value at the start of 2020.

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Bitcoin Hits $18,400, We Are Getting Back to the ‘Old Times’: Weekly Market Review by TokenInsight

Hi, crypto communities, We are delighted to provide you with our weekly review of the crypto market, beginning this week.Continue Reading The post Bitcoin Hits $18,400, We Are Getting Back to the ‘Old Times’: Weekly Market Review by TokenInsight appeared first on CoinMarketCap Blog.

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South Korean Government Bans Privacy Coins as Part of Anti-Money-Laundering Drive

Privacy digital currencies catch the South Korean government’s ire. South Korea to Ban Privacy-Centric Crypto Coins According to a report by Asia Times, the South Korean government has decided to go ahead with the plan to ban all privacy-focused digital currencies as part of its drive to prohibit money-laundering in the country.

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Bitcoin Sees “Longest and Most Stable” Rally Ever as Bulls Clock 73% in 73 days

Bitcoin and the aggregated crypto market are pushing higher today, with BTC breaking above $17,000 while Ethereum helps lead altcoins higher as well The benchmark cryptocurrency hasn’t seen much selling pressure at this level, despite it long being viewed as resistance It has struggled to break above this level a few times, but the selling pressure here has not catalyzed any sharp selloff Where it trends next will depend largely on whether or not it […]

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Why Big Business and Crypto Actually Need Each Other

When you look at the title for this op-ed, your first reaction might be to shrug and say: “No they don’t.” Indeed, how many times have we seen big names getting excited about crypto projects just to drop them along the way? After all, even Libra lost the support of Visa, MasterCard, and Vodafone, and […] The post Why Big Business and Crypto Actually Need Each Other appeared first on BeInCrypto.

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Wirex’s ‘Rising Women in Crypto Power List’ Announced

Leading payments company, Wirex, in partnership with The Fintech Times, has revealed its 2020 ‘Rising Women in Crypto Power List’. After receiving 367 entries, the...

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Ethereum Is Best-Performing Crypto Followed by Bitcoin and XRP So Far This Year: Forbes Analyst

According to the chief analyst from Ava Trade and Forbes, this year Ethereum has outperformed Bitcoin by more than two times in price growth, leaving XRP behind too

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Crypto Companies Tap into Amazon Prime Day to Reward Customers

It is no secret that people love shopping online. Black Friday, Prime day and Cyber Monday are global phenomena thanks in part to the significant amount of online shopping that takes place during those times.

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Russia’s Central Bank Wants To Limit The Amount Of Crypto Unqualified Investors Can Buy Annually

Russia has been at different times hostile, unsure, or inconsistent with its stance on cryptocurrencies. In early August, reports claimed that Russian leader Vladimir Putin had signed a law that legalized digital assets like bitcoin.

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Community reacts to new DoJ crypto enforcement guidelines

The DoJ’s guidance around cryptocurrency enforcement, that cites "crime" and "criminals" 168 times, has been poorly received.

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1xBit Offers Zero Transaction Fees and Faster Transaction Times with new EOS Support

Bitcoin Press Release: Leading Sportsbook and Casino 1xBit announces support for EOS cryptocurrency, as it strives to offer cheaper transactions to its users, and stay abreast of the rapidly evolving crypto betting market.

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Wirex Announces Longlist of Inspiring ‘Rising Women in Crypto’

Leading crypto platform, Wirex, in partnership with The Fintech Times, have announced the inspirational longlist of ‘Rising Women in Crypto’. Having closed entries for nominations...

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Coinbase customers can now dodge bank withdrawal wait times

New update from Coinbase quickens the transmutation of crypto into fiat.

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Now There Are 101 Million Users of Crypto Globally, Almost 3 Times More than in 2018

Coinspeaker Now There Are 101 Million Users of Crypto Globally, Almost 3 Times More than in 2018The study showed the global spread of users of cryptocurrencies. It highlighted that the majority of them are located in North America and Europe.

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Bitcoin’s Fixed Supply Makes The Primary Beneficiary In Times Of High Fiat Inflation- Bloomberg’s Strategist

Bitcoin’s YTD performance of 45.95% in 2020 is impressive despite high volatility and underperformance in comparison to other digital assets like Ethereum and DeFi tokens. However, as the most dominant coin in the crypto market, Bitcoin serves as the point of reference for analysts’ evaluation of the crypto market vs. the traditional market. In a […]

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The Crypto Firms Collaborating on a Swiss Franc Stablecoin

“Coopetition” is an ungainly term at the best of times. But it appears that’s what’s happening among Swiss stablecoin issuers.

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This Crypto Strategist Is Certain Bitcoin’s Defense Of The $10,000 Level Will Fuel Further Growth

Bitcoin (BTC) has seen better days — but not many in recent weeks. Bitcoin has dipped below the $10K level multiple times over the past few weeks. The king of cryptocurrencies has, however, quickly bounced back each time it slid below this key support area.

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Bitstamp Integrates Nasdaq’s Matching Engine for Faster Order Executions

According to research by Bitstamp and crypto market data provider Kaiko, the new engine enables order matching up to 1,250 times faster than with the previous system.

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Bitcoin Adoption: Just Eat France Now Accepts BTC Payments in Over 15,000 Restaurants

Food delivery company Just Eat, which serves over 15,000 restaurants in France, now accepts payments in Bitcoin. This has been facilitated by US-based crypto payment processor BitPay.   Covid-19 Has Accelerated Online Food Delivery and Crypto Home delivery services have experienced an unprecedented increase in demand in recent times due to lockdown restrictions brought about byRead MoreRead More.

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