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09 March 2024 20:29

🇺🇸 Gensler Warns About Bitcoin: “Highly Speculative and Volatile Asset”

Gensler has repeatedly highlighted the volatile nature of digital assets. He compared Bitcoin to a rollercoaster, indicating the unpredictable price swings that investors may encounter. He stated, “This is a highly speculative asset class, one could just look at the volatility of bitcoin in the last few days”, drawing attention to the fluctuating prices that have characterized the bitcoin market.

Source

@TradeCryptoNow

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08 March 2024 18:17

💰 Bitcoin’s hash rate hits record high after difficulty drop

Bitcoin’s hash rate, an indicator of the computational power used for mining and processing transactions, has recently achieved a historic high. The 14-day moving average hash rate now stands at an unparalleled 586 eh/s, further enhancing the digital assets security. While the one-day hash rate peak of 711 eh/s on March 7 stands out, the 14-day moving average is considered a more reliable indicator as it smooths over short-term volatility.

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07 March 2024 16:50

🇳🇬 Nigeria to tighten crypto regulation in wake of Binance disputes

The Nigerian Securities and Exchange Commission (SEC) has disclosed plans to introduce new regulations for crypto operators following recent challenges with Binance. The planned regulation would include licensing, registration, and screening guidelines for digital and virtual asset services providers (VASPs). In addition, the new guideline would ensure that malicious actors are not registered as operators within the Nigerian market.

Source

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06 March 2024 16:32

🇸🇬 Bitstamp exchange receives in-principle license approval in Singapore

Crypto exchange Bitstamp announced Wednesday that it has received the in-principle approval for a license to operate as a Major Payment Institution from the Monetary Authority of Singapore (MAS). The in-principle approval, which precedes a full license to operate in Singapore, brings Bitstamp a step closer to offering digital payment token services in the city-state. The exchange said in its press release that it is the first crypto trading platform with a major presence in the EU to obtain such a license from the MAS.

Source

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05 March 2024 19:03

₿𝗥𝗘𝗔𝗞𝗜𝗡𝗚: 💰 Bitcoin Increases to $69,000 Achieving New Record High Market Price

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04 March 2024 09:21

🇰🇷 South Korea launches probe on Worldcoin as privacy concerns mount

South Korea’s Personal Information Protection Commission has launched an investigation on Worldcoin after receiving complaints about the project’s collection of personal information, especially in scanning people’s irises in return for cryptocurrency. The authority said in a press release on Monday that it will examine Worldcoin’s collection, processing and potential overseas transfer of sensitive personal information.

Source

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03 March 2024 11:26

💰 Bitcoin is already demonetizing gold. In a matter of weeks the Bitcoin ETFs are nearly half the total market cap of gold ETFs which have been around for decades

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01 March 2024 19:06

📣 Over $3 billion in crypto tokens set to unlock this March, with Arbitrum ‘massive’ unlock

A total of 32 crypto projects are scheduled to unlock more than $3 billion worth of tokens into circulation this March, according to Token Unlocks data. Arbitrum leads this month’s token unlocks, marking a significant milestone since its initial airdrop. The impending unlock is poised to double the asset’s current circulating supply. Token Unlocks data reveals the project would release more than 1 billion ARB tokens, equating to 87% of its existing circulating supply, by March 16. This influx would be valued at approximately $2.2 billion at current market rates.

Source

@TradeCryptoNow

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29 February 2024 11:11

🏦 Gemini agrees to return $1.1 billion to Earn customers as part of NYDFS settlement

The New York State Department of Financial Services (NYDFS) reached a settlement agreement with Winklevoss-owned crypto exchange Gemini. The NYDFS announced the settlement in a press release published on Feb. 28. The regulator said that Gemini failed to protect its customers adequately and had multiple compliance issues. As part of the settlement, Gemini has also agreed to contribute $40 million towards the Genesis bankruptcy proceedings, which will benefit Earn Program customers directly.

Source

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28 February 2024 12:02

🇺🇸 Do Kwon unlikely to be extradited before start of SEC trial

Do Kwon’s lawyers told a US court on Feb. 26 that the Terraform Labs co-founder will be unable to attend the initial hearings of the SEC trial. The lawyers did not request an adjournment and said the trial could begin as scheduled on March 25 without Kwon’s presence, according to court filings. Kwon’s lawyer, David Patton, said that Kwon, currently in Montenegro, may not be extradited by the end of March due to unforeseen complications in the legal process. He added that these have derailed earlier expectations of a quick extradition.

Source

@TradeCryptoNow

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27 February 2024 10:36

💰 Total value locked in liquid staking protocol Lido surpasses $30 billion

Ethereum liquid staking protocol Lido reached $30.56 billion in total value locked in Feb. 26, according to The Block's Data Dashboard. Lido has seen increased adoption and steadily rising TVL since around July 2022. Lido's last major peak in TVL was $20.83 billion on April 5, 2022, a month before the collapse of the Terra USD stablecoin ecosystem. Lido's high TVL makes it the biggest validator on the proof-of-stake blockchain Ethereum, controlling 32% of staked ether.

Source

@TradeCryptoNow

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26 February 2024 08:21

💰 “Trading Bitcoin is a sign of lesser intellect.”

- Michael Saylor

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25 February 2024 08:05

JUST IN: 🇸🇻 El Salvador goes from being the most dangerous country in the world, to the safest in the Western Hemisphere

💰 World becomes safer on the Bitcoin standard!

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24 February 2024 08:41

🪙 Ethereum price increase driven by anticipation of Dencun upgrade: Grayscale

While many market watchers might be attributing Ethereum's recent price increase to optimism stemming from the possible approval of a spot ether ETF, asset manager Grayscale Investments has suggested that the cryptocurrency rose in value because of Ethereum's upcoming Dencun upgrade, which will increase the throughput and reduce the cost of some transactions on the network.

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23 February 2024 13:37

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09 March 2024 06:50

💰 Financial Journalist Alan Kohler: Bitcoin Is an 'Insurrection'

Alan Kohler, an Australian financial journalist, stated Bitcoin is an “insurrection,” given the tightly controlled rules that control the conditions behind its operation. Kohler explained that while bitcoin crashed tremendously in 2022, it constituted a “subversion to the whole basis of free-market financial capitalism” due to its regulated supply and controlled issuance,

Source

@TradeCryptoNow

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08 March 2024 08:26

🔻 Optimism Foundation to sell $89 million worth of OP tokens in private sale to unknown buyer

Optimism Foundation, which supports the Ethereum Layer 2 project Optimism, said it is privately selling approximately 19.5 million governance tokens — valued at over $89 million at current prices. The tokens will be subject to a lockup period of two years, according to an official announcement, but the purchaser will still be able to delegate tokens to unaffiliated third parties for governance votes. "Optimism has entered into a private token sale of approximately 19.5M OP tokens,".

Source

@TradeCryptoNow

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07 March 2024 08:31

💰 Bitcoin 'V-Shape' Recovery Opens Way for $76K Price Target: Swissblock

Bitcoin's (BTC) record-setting move above $69,000 quickly turned into a bloodbath on Tuesday, but its rapid recovery to $67,000 one day later may foreshadow another imminent run for new all-time highs, according to crypto analytics firm Swissblock. According to a chart shared by Swissblock, bitcoin's quick break back above the $62,000 level marked the start of a fresh uptrend targeting the $76,000 price level.

Source

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06 March 2024 08:20

💰 Bitcoin slides almost 9% to $63,150 after setting new ATH 📉

Bitcoin experienced a notable price adjustment, declining nearly 9% following its ascent to a record-setting pre-halving all-time high. The leading digital currency, which captured significant attention for its surge to $69,324, subsequently corrected to roughly $64,580 within an hour — illustrating the market’s volatility.

Source

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04 March 2024 19:10

💰 Bitcoin market capitalization hits new all-time high after more than two years

The market capitalization of the world's foremost cryptocurrency, Bitcoin, has reached a new all-time high in U.S. dollar terms. Bitcoin's previous market capitalization peak was in November 2021, when it topped ~$1.302 trillion. It afterward declined to ~$297.309 billion a year later, in November 2022, before increasing to new heights today. A cryptocurrency's market capitalization is derived from multiplying the total number of coins or tokens in supply by the current spot price of a single coin or token.

Source

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03 March 2024 21:41

💰 World Economic Forum reports bitcoin mining is helping protect endangered animals in Congo’s national forest.

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02 March 2024 19:03

🥇 "Bitcoin is becoming an alternative currency on a global basis," says Bloomberg strategist Mike McGlone

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29 February 2024 18:51

💰 BlackRock leads as Bitcoin ETFs hit record $673 million inflow in a single day

Bitcoin Exchange-Traded Funds (ETFs) are witnessing a remarkable surge, setting a new record with the biggest day of inflows to date. Data from BitMEX shows a $673 million inflow in a single day, the equivalent of 11,122 Bitcoin. The spike in inflows signifies an increased interest in Bitcoin-backed financial products. BlackRock’s IBIT saw its largest one-day inflow of $612 million, surpassing its previous record of $520 million from just a day earlier.

Source

@TradeCryptoNow

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28 February 2024 19:36

❄️ Telegram ad platform to launch via TON blockchain

Starting in March, Telegram channel owners in over 100 countries can start receiving financial rewards for their work after the ad platform opens for all advertisers. Channel owners will start receiving 50% of the total advertising revenue generated by Telegram from displaying ads in their channels, according to an announcement on Feb. 28 by Pavel Durov, the founder and CEO of Telegram.

Source

@TradeCryptoNow

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27 February 2024 22:26

💰 BlackRock Bitcoin ETF Heads for Second Consecutive Day of Over $1B Volume

BlackRock's spot bitcoin (BTC) exchange-traded fund (ETF) is having another massive trading day, poised to book over $1 billion in trading volume for the second consecutive day, fueled by bitcoin's rally to $57,000. IBIT was the fifth most-traded among all U.S.-listed ETFs during the morning hours, pseudonymous HODL15Capital noted in an X post, adding that Fidelity's bitcoin ETF (FBTC) also experienced "strong" trading volume.

Source

@TradeCryptoNow

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26 February 2024 20:02

🪙 Ethereum Whales Withdraw $64.2M in 6 Days Ahead of ETH’s Rally to 2-Year High

Ether’s (ETH) latest price rally and surge past the $3,000 level has been followed by whales on an accumulation spree. According to Lookonchain, whale 0x8B94 withdrew 14,632 ETH worth $45.5 million from the world’s largest crypto exchange, Binance, in the past six days. Whale 0x8B94 first transferred 10,820 ETH accumulated by February 23 out for staking before moving the last 3,850 ETH withdrawn between February 24 and 25, eight hours before writing time. Data from Etherscan showed the whale had a balance of 4.7 ETH worth approximately $14,500 at press time.

Source

@TradeCryptoNow

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25 February 2024 19:52

💰 VanEck releases new spot Bitcoin ETF commercial 📺

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24 February 2024 17:16

📊 Crypto projects have received over $90 billion in all-time funding

The all-time, total dollar amount invested in crypto and blockchain-related companies has surpassed $90 billion, according to The Block Research. More than 50 deals so far this month helped power funding for projects pass the $90-billion mark, also according to The Block Research data, which has been tracking capital flows into the relatively new sector since 2017.

Source

@TradeCryptoNow

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23 February 2024 15:32

NEW: 💰 "Bitcoin downside case for me is 💵 $42K-$45K.

It could be some regulatory kerfuffle, it could just be the market got a little long and you get people scared,” says Galaxy Digital CEO Michael Novogratz

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23 February 2024 10:25

🇺🇸 Kraken seeks to dismiss SEC lawsuit, says claim was ‘retaliation’ for political remark

Kraken filed a motion Thursday to dismiss the Securities and Exchange Commission’s November lawsuit that accused the crypto exchange of multiple charges including operating without registration, failing to prevent known conflicts of interest and commingling client funds. “For eight decades, the U.S. Supreme Court and Ninth Circuit (where this case was filed) have always required that the SEC identify a contract when finding the existence of an investment contract.”

Source

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