Regulation
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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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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 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 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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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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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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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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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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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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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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