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News
NFT Market Cap Drops $5.5B: DappRadar Highlights Top Performers & Challenges in Regulation
The world of NFTs is buzzing with news of a sharp drop in market capitalization, according to a new report by DappRadar. The report uses cutting-edge machine learning to analyze data from 81 companies, revealing a decline from a staggering $9.2 billion to a concerning $3.7 billion. The culprit behind this fall from grace? The…
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News
Plymouth Citizens Reject the Digital Pound as a New Asset that Could Be Rolled Out by 2029
Citizens of Plymouth have raised issues over a digital pound that would be rolled out by the end of ten years. Recently, the bank of England and Treasury have reported that they could eventually begin a consultation for the digital asset. It could begin to replace coins and banknotes amid a persistent decline in using…
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Bitcoin (BTC)
Key Reasons Why Bitcoin (BTC) Bullish Market Could Be Commencing
Last year was a tough year for virtual digital asset investors. The cryptocurrency exchanges and lenders collapsed like stocks of cards as the bears reigned the marketplace. After 2023’s huge collapse of about 70%, researchers expect that this year could witness bearishness. Interestingly, the start of this year was quite contradictory for the marketplace, particularly…
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Scams
Crypto King Affiliate Explains Why He Wiped iPhone Data
An affiliate of Whitby, self-pronounced “crypto King” Aiden Peterkin, handed over one million dollars in bank drafts payable to Aiden in January in reaction to a civil search warrant. According to trustee information from Aiden’s bankruptcy proceedings, Coin Murphy, aged twenty-six, is one of five referred to as originators who raised funds for the twenty-four-year-old’s…
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News
China Launches Huge Blockchain Cluster – Details
Chinese media have disclosed information on the nation’s huge blockchain effort to manage its people’s data, and what it’s able of is almost unbelievable. According to BJD, the Beijing behemoth, nicknamed the Honeycomb, comprises 1,000 high-performance servers capable of handling 240 million smart contract exchanges every second. It is alleged that data privacy and security,…
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Bitcoin (BTC)
Bitcoin (BTC) Miner Marathon Digital to Roll out $400M Mining Facility
Along with the Bitcoin rally, Marathon Digital registered a 45% improvement in the total BTC minted. In January, the BTC miner produced 687 Bitcoin, up from the 475 Bitcoin minted last year. Nevertheless, the BTC mining giant continued to distribute its Bitcoin holdings to support its processing expenses. Marathon Digital Holdings is ready to launch…
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Regulation
The United Kingdom to Publish Crypto Guidelines Today
The United Kingdom to publish cryptocurrency guidelines today. The proposals from HM treasury are crested to ascertain the return on investment to users in the event of bankruptcy of digital asset trading. More specific guidelines will be implemented for financial brokers and custodians, and the drafted regulations, created for a three-month public discussion, will also…
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Bitcoin (BTC)
Bitcoin (BTC) to Close Out Best Since 2013 – Price Analysis
Considering an increase of 39.4% in January 2023, BTC is ending the month by emerging the best since a 40% increase in October a couple of years ago and its outstanding performance in January since 2013. Currently, Bitcoin is changing hands at 22,910 dollars, and BTC has been trading high over the previous week at…
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News
Binance Partners with MasterCard to Introduce Prepaid Card in Brazil
According to Reuters, Binance & MasterCard are reported to introduce a prepaid card in Brazil in the coming few weeks, a few months after doing away with it in Argentina. The action targets to Trade Finance, reinforce and influence digital asset adoption. Following these events, Brazil will register as the Second LatAM nation in Latin…
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Shiba Inu (SHIB)
What Happened on Shiba Inu’s (SHIB) Short Trades?
Information produced by two common wallet trackers indicates that, during the weekend, a couple of large chunks of SHIB were transferred. One was marked as a purchase made by a Shiba Inu whale, one of the 200 biggest whales on the ETH Blockchain. Regarding the latest tweet by whaleStats, a whale known as Boromir, after…
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