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News
Will the Collapse of South Korean Blockchain Disrupt the Nation’s Crypto Space?
South Korea has a surging crypto market worth more than 200 billion dollars; the nation is home to around seven million customers and is the second largest after China in East Asia. However, the high adoption rate might be due to the volatility of the South Korean won and the strong digital culture. Conversely, the…
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Shiba Inu (SHIB)
Shiba Inu Developers Launch New Upgrade – What Next?
Earlier in the day, the SHIB developers’ team announced the introduction of the engineering of their layer-2 blockchain known as Shibarium. The layer-2 platform functions above the ETH blockchain, which is momentarily used by Shiba Inu tokens, LEASH, SHIB, and BONE. Its major trigger lies in its ability to balance the scales and enhance super-fast…
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Memecoins
Why Meme Tokens Shiba Inu and Dogecoin Were Soaring on Saturday
The two leading canine-themed coins perform well when the entire cryptocurrency space is hot. Improved market-wide sentiment saw SHIB and DOGE surging yesterday. What Happened? The crypto market uptick of the past few days stretched into the weekend as most leading tokens and coins extended their surges on Saturday. That was the meme coin industry…
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News
Miami-Dade Cuts Ties with FTX
One of the most populated counties in the United States, Miami-Dade, Home to Basketball legends, has nullified its affiliation with FTX following its collapse late last year. According to Miami Herald, a U.S. judge immediately terminated the contract between the parties. However, in early 2021, both parties agreed to a nineteen-year contract worth 135 million…
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News
Collapsed Crypto Exchange FTX Regains Over 5 Billion in Assets
“FTX has regained over 5 billion in assets.” one defense team member responded. However, a United States bankruptcy court received a report that the limit of losses to users is still unavailable. In addition, this action might have costed customers, investors, and creditors trillions. The former FTX Chief Executive Officer still pleads not guilty to…
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Polkadot (DOT)
Polkadot (DOT) Struggles Beneath $5 Despite Relief Rallies: What Next?
Polkadot (DOT) posted substantial price gains within the previous week following Bitcoin’s recovery tendencies. Most alternative tokens recorded upward moves amid enhanced market mood. Meanwhile, DOT has been battling the immediate obstacle of $5. DOT lost around 2% within the last 24 hours, and analysts trust the slight decline in demand triggered the dip. However,…
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Price Analysis
Emerging Bullish Setup Hints at 8.75% Surge for Theta Coin – Time to Enter?
The prices responded to over 21 days of consolidation with two bounce-backs from $0.715, confirming reliable buyer support. The dual retest formed a double bottom formation on the 24hr chart. Reactions to the double bottom formation would see breakouts from $0.8 resistance, triggering a potential 8.75% surge in THETA’s price. Meanwhile, buyer failure to sustain…
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Bitcoin (BTC)
Is Bitcoin Under Siege? Evaluating Recent Developments
Bitcoin ATMs have mushroomed everywhere recently, with more than 36,000 installations. However, the majority are in the United States, and this number had appreciated until recently when cryptocurrency began receiving criticism and bitcoin prices experienced downfalls. These machines enable individuals, specifically those not digitally oriented, to buy and sell bitcoin rather than the exposures to…
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Price Analysis
Hedera Hashgraph Price Forecast – HBAR Bears to Control Until Changes in These Factors
HBAR price dropped by 27% during the December session. The alt remains suppressed under two substantial near-term barriers. Bulls should push beyond the liquidity level of $0.042 to build more upward potential. Hedera Hashgraph (HBAR) saw its price enduring a severe dip in December, with the alt deteriorating more than most digital coins in the…
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Ripple (XRP)
XRP: Bulls to Eye Sub-$0.3650 Amid Ripple vs. SEC Optimism and U.S Stats
XRP reversed Tuesday’s 1.21% drop yesterday to close the session at around $0.34781. The alt received support from United States economic data and NASDAQ Index-driven market-wide rally. Nonetheless, XRP’s technical indicators demonstrate bearishness, as XRP stands beneath the 50day EMA, suggesting a potential return to $0.33. XRP painted its charts red today after Wednesday’s recovery.…
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