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Bitstamp to stop trading major altcoins in US.

Luxembourg-based crypto exchange Bitstamp will suspend trading of seven major altcoins for US customers starting Aug. 29, 2023. The affected cryptocurrencies include Axie Infinity (AXS), Chiliz (CHZ), Decentraland (MANA), Polygon (MATIC), Near (NEAR), Sandbox (SAND), and Solana (SOL). After Aug.… origin »

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US Fed issues new crypto program for local banks.

US Federal Reserve unveils Novel Activities Supervision program to oversee banks’ crypto-related activities, emphasizing stablecoin safeguards. The initiative‘s main goal will be to supervise the banks’ activities related to cryptocurrencies, such as custody, lending, trading, and the issuance or distribution… origin »

Ethereum remains top dog, but woes persist in the DeFi sector.

Key Takeaways DeFi has seen massive capital outflows in the last year as token prices have collapsed Trad-fi yields have also spiked while DeFi yields have fallen Ethereum has underperformed Bitcoin notably since the Merge The third quarter of 2020 became known as “DeFi Summer” within crypto, such was the speed at which the nascent […] The post Ethereum remains top dog, but woes persist in the DeFi sector appeared first on CoinJournal. origin »

Биржа Binance получила лицензию на работу в Сальвадоре.

Крупнейшая криптовалютная биржа Binance получила лицензию на работу в Сальвадоре. Торговая площадка заручилась разрешениями сразу от двух регуляторов и стала первой полностью лицензированной биржей в стране. источник »

What will happen to Ethereum’s staking yield?.

Key Takeaways Ethereum completed its long-awaited Merge upgrade in September 2022 Stakers are currently earning approximately 4% APY from their Ether tokens 19% of the total Ether supply is staked, the lowest ratio of any of the leading coins Staking rewards are divided among stakers, meaning the APY earned decreases as more users stake Demand […] The post What will happen to Ethereum’s staking yield? appeared first on CoinJournal. origin »

More Ethereum users are interested in self-custody storage.

Ethereum, the succeeding cryptocurrency to Bitcoin, went through many controversies and media headlines, especially since the FTX collapse or the Merge update. Although not many consider digital assets to be better than Bitcoin, Ethereum achieved much more quickly, from price increases and constant updates to blockchain solutions. origin »

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Bitstamp to halt US trading for MATIC, SOL, CHZ and five other altcoins.

Crypto exchange Bitstamp has announced that it will soon halt trading for several altcoins for users in the United States, citing the prevailing regulatory environment. US regulatory environment According to an update Bitstamp published on August 8, US customers will not have access to Axie Infinity (AXS), Chiliz (CHZ), Decentraland (MANA), Polygon (MATIC), Near Protocol […] The post Bitstamp to halt US trading for MATIC, SOL, CHZ and five other altcoins appeared first on Invezz. origin »

Bitcoin Retraces Back From $30,000 As Profit Taking Spikes.

Bitcoin had surged above $30,000 earlier during the past day but has since observed a retrace as profit-taking from traders has spiked. Bitcoin Profit-Taking Volume Is Currently More Than Twice The Loss-Taking One Bitcoin showed some promising signs of breaking away from its stagnation earlier during the past 24-hour period, as the cryptocurrency’s price managed to make a sharp recovery towards the $30,000 mark. origin »

Why an Ethereum ETF could be on the cards.

The launch of PYUSD had little to no impact on the market. Analysts opined that regulators would approve several Ethereum futures ETFs. This year, the evolution of the cryptocurrency market The post Why an Ethereum ETF could be on the cards appeared first on AMBCrypto. origin »

Bitcoin Mining Company Marathon Digital Reports $21.3M Loss For Q2.

Marathon Digital, one of the largest Bitcoin miners, has announced a net loss of $21.3 million for the second quarter of the year. Bitcoin Mining Company Marathon Digital Made $81.8 Million In Q2 Revenue In a new press release, Marathon Digital has revealed the results of the company’s performance during the second quarter of 2023 […] origin »

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Marathon Digital discloses $21.3m in losses in Q2.

Mining company Marathon Digital Holdings recently disclosed its financial performance for the second quarter of 2023. The report showcased minimal advancements across various critical indicators, although the company did not fully meet specific market forecasts. For the quarter that concluded… origin »

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