Fri, April 26, 2024

Cryptocurrencies

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BTC Finally Reaches $20K Threshold After Shocking U.S. Data

Risk assets may see a welcome rebound after the October Empire State Manufacturing Index results significantly below forecasts. Bitcoin (BTC) got close to $19,529 at the opening of Wall Street on October 17 as the price of U.S. shares approached $20,000 per share. Stocks advance as the U.S. dollar declines. BTC/USD reached $19,672 on Bitstamp …

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Crypto Investors May Have to Flee the U.S. Soon

The idea behind decentralized autonomous organizations (DAOs) was to make them immune to regulation. Federal authorities are now focusing not just on a DAO but also on its investors. In the Web3 community, there is a great deal of concern about regulation and the legitimacy of cryptocurrency initiatives. The Commodity Futures Trading Commission (CFTC), which …

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Cryptocurrencies - toncoin, inj

More than 100 Billion Yuan in Digital Currency Spending

As the nation continues to roll out a central bank digital currency, China’s central bank said on Wednesday that transactions utilizing the digital yuan had exceeded 100B yuan ($13.9B) as of August 31. The People’s Bank of China, also called PBOC reported this week that the expenditure encompassed 360M transactions in trial zones across 15 …

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Cloud Payments

Cloud Payments Will Soon Be Available Via Google

Beginning in early 2023, Google will enable cloud payments made in cryptocurrency with the assistance of Coinbase (NASDAQ: COIN). Coinbase will be able to use Google’s cloud infrastructure rather than Amazon’s (NASDAQ: AMZN) Web Services cloud, thanks to the strategic collaboration. For a small number of Web3 clients, Google will accept cryptocurrency payments; after that, …

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Bitcoin

Bitcoin Will Soon Outperform Expectations

According to analysts, BTC will surpass the “most important assets” in H2 2022. Global interest rate rises push down asset values, but Bitcoin is starting to outperform commodities and tech shares. The best month for Bitcoin (BTC) was October, according to Mike McGlone, a senior commodities analyst at Bloomberg Intelligence, with almost 20% on average …

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Whale

Wales Are Becoming More And More Invested in Bitcoin

Santiment data reveals that whales have been progressively building up their Bitcoin holdings. They have added around 46,173 BTC to their wallets since September 27. At the moment, BTC is worth more than $20,000. Santiment, a blockchain analytics firm, has found evidence of persistent Bitcoin accumulation in crypto whales. According to the statistics, BTC wallet …

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Bitcoin BTC

BTC First Signs of Recovery After Months of Disappointment

According to a new poll, cryptocurrency investors are optimistic about BTC. 62.6% of voters said that the current state of BTC presents a purchase opportunity. The $19,600 resistance level for BTC has changed to a support level. The results of a poll conducted on Twitter (NYSE: TWTR) on October 2 by cryptocurrency user @100trillionUSD indicate …

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Experts Believe BTC Might Have Gotten Its Sparkle Back

As the U.S. currency rises, Robert Kiyosaki refers to Bitcoin as a “buying opportunity.” The best-selling author of Rich Dad Poor Dad suggested purchasing Bitcoin and two other commodities, warning that a U.S. currency crisis would take place by January. Entrepreneur and best-selling author Robert Kiyosaki has called Bitcoin (BTC), gold, and silver, “buying opportunities” …

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Warner Music To Join Web3

Warner Music Group collaborates with OpenSea to expand artist Web3 opportunities. Selecting artists can introduce their NFT collections and limited-edition projects on their special drop sites. To give some music artists a platform to grow their following in the Web3 community, WMG and nonfungible token (NFT) marketplace OpenSea announced their agreement on September 29. According …

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Crypto

$1 Million In Cryptocurrency Is Lost

The hacker delivered 732 ETH, totaling about $950,000, to the authorized Tornado Cash mixer. Another wallet address that lost over $1.6B has been added to the list of victims of decentralized finance (DeFi). The hacker was discovered after stealing 732 Ether (about $950,000) from an account created using Profanity’s Ethereum toilet wallet address generator, blockchain …

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