News: Crypto
Welcome to the crypto news section, the premier destination for comprehensive and up-to-date information on all things related to cryptocurrencies. Serving as an essential resource for enthusiasts and investors alike, this page offers insights into the dynamic world of digital assets - encompassing everything from real-time price fluctuations to announcements of innovative projects and crucial regulatory changes. Here we've got the pulse of the cryptocurrency market covered to ensure you stay informed.
Days After a Crypto Stablecoin Crashed, a Clone Is Growing Rapidly
However, as Terra backers strive to cobble together their own blockchain, crypto investors should be cautious. A procedure might claim that an interest rate is risk-free, but when it is based on an unproven model, danger lurks around every corner.
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Bitcoin Is Steady Above $29,000. Cryptos Are Holding Up as Stocks Sell-Off
Bitcoin's price has risen in the last 24 hours and is now well above $29,500. The largest cryptocurrency's relative strength comes amid a rough day for US markets on Wednesday, with a selloff that continued into Thursday.
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Bitcoin Flexes Dominance Again as Altcoins Suffer Bigger Losses
Babel Finance reports that the market-cap dominance of the currency has increased significantly during the last selloff, soaring to 45%, the highest level from the beginning of the year. As analysts at the firm said in a note, "altcoins are at their worst."
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Robinhood Launches New No-Transaction Fee Crypto Wallet
There is already a web-based custody wallet on Robinhood's website for users' assets. As with most cryptocurrency companies, the assets are not covered by any government guarantee, such as that provided by the Federal Deposit Insurance Corporation.
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Morning Brief: Collapsed Cryptocurrency Drama and What Happened in the Market Over the Past Few Days
Bitcoin fell 5.9 percent in 24 hours through noon Eastern time on Saturday, to $28,782, in trading on Coinbase Global's platform (COIN). The cryptocurrency is down 20% this week, while the token is down 58 percent since its top above $69,000 in November 2021.
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Elon Musk Is a Crypto Fan. What the Twitter Deal Means for Bitcoin and Dogecoin
Musk may make a huge step by urging Twitter to purchase Bitcoin as a treasury asset, as he has done with Tesla and SpaceX. "Given Twitter's presence in US politics and society, the firm acquiring Bitcoin to store on its balance sheet would be a significant event," Savic added.
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Morning Brief: From Chip Makers to EV Production & What is New in Crypto and Stock Market so Far
On Monday, bitcoin fell to slightly around $39,000, reaching one-month lows, while ether fell below $3,000 as risky assets such as cryptocurrencies continued under pressure from global central banks' plans to tighten monetary policy.
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Ether Is Struggling As Its Network Hits A Setback
Developers also intend to develop "shards" of the blockchain to support a broader range of transactions with greater throughput. These could help Ethereum scale up and minimize the high transaction fees that infrastructure managers are now charged.
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Yellen: Crypto Regulation Should be Based on Risk
In a conference on regulating cryptocurrencies, Treasury Secretary Janet Yellen stated that regulation should be focused on risk rather than innovation, balancing the benefits digital assets may bring to our payment system with the hazards they provide.
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Bitcoin, Ether, And Dogecoin Prices Fall—And What Else Is Happening In Crypto
This week, though, might be promising for bitcoin and other cryptocurrencies. The annual bitcoin conference begins on Wednesday in Miami, and many expect the meeting to be a trigger for the largest cryptocurrency to test its 200-day moving average of over $48,000.
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4 Blockchain Trends for 2022
BaaS is a cloud-based system that enables users to produce digital products in collaboration with blockchain.These digital commodities might include smart contracts, decentralized applications (Dapps), or other services that do not require the entire blockchain infrastructure to work.
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EU Parliament Passes Privacy-Busting Crypto Rules Despite Industry Criticism
European Union legislators voted last week in support of highly controversial legislation prohibiting anonymous cryptocurrency operations, a measure the sector argued would slow innovations and infringe on personal privacy.
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Insider News: Britain Will Reveal Crypto Regulation Plans In Coming Weeks
British Finance Minister Rishi Sunak is set to propose a new legal framework for cryptocurrency in the coming weeks, as sources, choosing to remain anonymous since the information has not yet been made public, unveiled.
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Insider News: Coinbase To Reportedly Buy The $2.2B Brazilian Unicorn Behind Mercado Bitcoin
Articles have reported that Coinbase plans to purchase 2TM to increase its worldwide presence. After previously acquiring an Indian AI company in response to client concerns over unnecessary customer support, a San Francisco exchange recently acquired blockchain infrastructure platform Bison Trails.
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