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Bitcoin
Market Gets Cozy With Bitcoin? Why BTC Is Set For A Short Squeeze
Trading at $48,747 with a 1.1% profit in the past day, Bitcoin remains rangebound. The first crypto by market cap has been unable to break from the $45,500 to $49,500 channel in the last 7-days, but a combination of factors could…
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Report: Illegal Trades Account for Less Than 3% of Total Bitcoin Transactions
According to a new report, illegal transactions, scams and gambling together make up less than 3% of the volume on the Bitcoin blockchain while exchanges and trading desks account for around 80% of volume.
Exchanges Dominate Bitcoin…
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Dubai to Create Crypto Zone, Binance Joins Effort
The Dubai World Trade Centre will become a comprehensive ecosystem for cryptocurrencies and providers of related services. The move is part of efforts to support new industries and the emirate intends to source help from crypto companies…
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Defi Marketplace and NFT Platform Arcade Raises $15 Million in Series A Funding Round
The decentralized finance (defi) marketplace, non-fungible token (NFT) financialization platform, and lending application Arcade has announced the company has closed a Series A investment round for $15 million. Just recently, Arcade…
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LibreScan, the First Decentralized Blockchain Explorer Supported by QANplatform
PRESS RELEASE. LibreScan, the First Decentralized Blockchain Explorer supported by QANplatform
Estonia, Tallinn: The team behind QANplatform announces LibreScan, the first open-source self-hosted Decentralized Blockchain Explorer (DBE).…
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Digital Currency Exchange Kraken Acquires Crypto Staking Firm Staked
The digital asset company Kraken announced it has acquired the non-custodial staking platform Staked for an undisclosed sum. While the sum of the purchase was not disclosed, the company claims that it was “one of the largest crypto…
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El Salvador Buys 21 More Bitcoins to Celebrate 21st Day, Year, Century
El Salvador, the country which made bitcoin legal tender, has purchased 21 more bitcoins to celebrate “the last 21st day of the year 21 of the 21st century,” President Nayib Bukele announced. The country has bought about 1,391…
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Jack Dorsey and Elon Musk Raise Concerns Over Web3 as Skepticism About Ownership Grows
Former Twitter CEO Jack Dorsey has ignited a debate about web3 after Tesla CEO Elon Musk criticized it. Dorsey warned of the risks from centralization, emphasizing that web3 is owned by venture capitalists (VCs), hiding under the premise of…
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Growth Of Bitcoin ETFs & Other Instruments Doesn’t Support Supply Shock Narrative
Data shows while the Bitcoin supply present on exchanges has been trending down, growth in other investment vehicles like ETFs and WBTC has been making up for this drop.
Bitcoin Exchange Reserves Decline, But ETF And Other Instruments…
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2 Cryptocurrency Companies Purchased Ad Slots for 2022’s Super Bowl
On Wednesday, the Singapore-based digital currency exchange Crypto.com told the press that the firm purchased a 2022 Super Bowl advertisement slot. The firm follows the exchange FTX after the trading platform purchased a Super Bowl…
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