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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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Regulation
India’s 2023 Budget: Need for Progressive Guidelines on Cryptocurrency
Taxation and guidelines formed to propel development can assist in supporting the crypto ecosystem’s ability. Digital assets have achieved global momentum for a few years, making news and big topics. As far as the 2023 budget is concerned, this is one of the arguable headlines in India, with the highest number of adopters and an…
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Bitcoin (BTC)
Bitcoin Fear and Greed Index Switches to Neutral Amid Regulatory Scrutiny
A bullish Friday session saw Bitcoin gaining 0.27% to finalize yesterday at $23,067. The NASDAQ Index and United States economic indicators offered support, whereas regulatory chat tried investor appetite. The Fear and Greed Index went Neutral, dipping to 52/100 from 55/100. Bitcoin reversed Thursday’s 0/22% after yesterday’s 0/27% surge that saw the leading cryptocurrency ending…
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Bitcoin (BTC)
Bitcoin January 27th Outlook – When Will BTC Recover?
The digital assets bear market has been excruciating and extensive. Nevertheless, crypto investors still determine when it will end and when large numbers will be witnessed. Therefore, various traders expect a substantial fall in BTC after Bitcoin embraces its latest bounce. Meanwhile, others hope BTC will consolidate before maintaining its run. However, nobody is certain.…
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Scams
Harsh Truth Behind the Terra Luna Narrative
The fall from grace of the Terra Luna network indicated one of the worst catastrophes the crypto ecosystem has ever witnessed. The network crashed and rebranded while developing a multiverse ecosystem in the aftermath. Early last year, Do Kwon, the Chief Executive Officer and co-founder of Terraform Labs, the organization behind Terra Luna, purportedly withdrew…
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