Thu, December 08, 2022

Crypto market

Cryptocurrencies on a blu background

The development of China’s cryptocurrency industry

Digital currencies are becoming popular even in countries where governments are restricting the rights of their citizens. People have difficulties accessing websites that are blocked by the Chinese government. For example, Facebook and several popular sites are out of reach. It means that people are using VPN to get rid of such limitations. Nevertheless, the …

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Stock markets on September 16

Nasdaq Registers New Indices for Its Finance Projects

Previously, Nasdaq’s Defix index stated it, will offer real-time tracking of digital coin assets. This comes with different blockchain projects such as MakerDao, Augur, Gnosis, Numerai, 0x, and Amoveo. As per the official press release, the London-based Exante brokerage supported to introduce Defix. Nasdaq has registered this Index under the ticker DEFX. It is also …

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Apple: Street signage board with Apple Inc. logo.

Apple Indicates Long-Term Competence of Digital Coins

  In a recent news report, the vice president of Apple Pay, Jennifer Bailey, disclosed the company’s recognition. That perhaps showed confidence about digital coins market. Bailey stated, “We’re watching cryptocurrency.” She also added, “We think it’s interesting. We think it has interesting long-term potential.” Her commentary may be brief, but it has offered a …

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Crypto industry news

Bitcoin Price Upsurges After Mnuchin Expressed Negativity

In Asia, U.S. Treasury Secretary Steven Mnuchin voiced new pessimism about Bitcoin’s futures. On Thursday, Bitcoin also increased above the critical $10,000 level. The bitcoin price rose 4.9% to $10,145.8. After Mnuchin said he thinks the outlook for the crypto king is unwelcoming, the gains improved. In a news report interview, Mnuchin stated, “I won’t …

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litecoin

Litecoin “Significantly Overvalued,” Analyst Says

Those who believe in Litecoin have long touted it as “silver to bitcoin’s golds.” The seventh largest cryptocurrency has been much like physical silver, though, Litecoin at present trades well below its all-time high, having slipped to about $55 from a peak of $358. On the other hand, according to cryptocurrency hedge fund Multicoin Capital, …

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