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Search Results for: Cryptocurrency

Cardano (ADA) Witnesses a Sharp Decline in Whale Activity, Raising Questions

Cardano, one of the prominent blockchain platforms in the crypto space, is experiencing a significant decline in on-chain activity related to large transactions, typically associated with whale movements. This sudden and substantial drop has led to a near standstill in the network’s activity, raising concerns and speculations about the underlying

January 23, 2024 2 mins read

OKX To Compensate Users Affected by OKB Token Flash Collapse

Users affected by the recent flash collapse of OKX’s native token, OKB, will be compensated by the cryptocurrency exchange. Investors and dealers were understandably worried when the token’s value plummeted on January 23, prompting this disclosure. In less than fifteen minutes on January 23rd, OKB’s value fell from $46.80 to

January 23, 2024 1 min read

JPMorgan Downgrades Coinbase Amid Bitcoin’s Lackluster Performance

In a research report released on Monday, JPMorgan downgraded U.S. exchange Coinbase (COIN) to underweight and warned that the debut of spot bitcoin ETFs, the primary driver of bullish sentiment in the cryptocurrency markets last year, might disappoint investors in 2024. Analysts led by Kenneth Worthington mentioned: “While we continue

January 23, 2024 2 mins read

KuCard, The Crypto Visa Card by KuCoin, Brings Apple Pay to Customers

A safer, more secure and private way to pay with iPhone and Apple Watch VICTORIA, Seychelles–(BUSINESS WIRE)–#blockchain–KuCard, the first crypto debit card introduced by KuCoin, a top 5 global cryptocurrency exchange, today brings its customers Apple Pay, a safer, more secure and private way to pay that helps customers avoid

January 23, 2024 3 mins read

“Cryptocurrencies Are Big NO To CBDC”, Says RBI Governor

In a recent candid interview with a popular media platform, the Reserve Bank of India (RBI) Governor, Shaktikanta Das made it clear that cryptocurrencies are a firm “no” for the central bank. However, he didn’t shy away from acknowledging the merits of blockchain technology, particularly in the RBI’s Central Bank

January 23, 2024 2 mins read

Bitget Unveils New Messi Film to Kick off Second Year of Messi Partnership

Victoria, Seychelles, January 23rd, 2024, Chainwire Bitget, the world’s leading cryptocurrency exchange and Web 3 company, today launches a new brand film about the internationally recognized footballer Lionel Messi to kick off their second-year partnership, with a continuation of the theme #MakeItCount. This campaign aims to inspire everyone to push

January 23, 2024 2 mins read

Bitcoin Plunges Below $39K as Selling Pressure Intensifies

Grayscale has experienced massive losses amounting to billions of dollars. Total platform outflows reached approximately $2.2 billion on the fifth trading day of spot Bitcoin ETF, with Grayscale seeing a substantial outflow of $579.6 million. Grayscale has deposited 63,991 Bitcoin, worth about $2.68 billion, according to statistics from Lookonchain. It

January 23, 2024 2 mins read

US Committee Urges Meta Disclosure Over Blockchain and Crypto Trademarks

With five trademark applications pertaining to blockchain technology and cryptocurrencies that are still active from 2022, the United States House Financial Services Committee is pressuring Meta to reveal any intentions it may have about blockchain technology and cryptocurrencies. The trademark applications were filed on March 18, 2022. In a letter

January 23, 2024 1 min read

Payu Coin Aims To Revolutionize the Meme Coin Market

Payu Coin ($PAYU), the revolutionary platform uniting meme coins via the Binance Smart Chain (BSC), is making waves with its unique features and ambitious goals. There are many reasons as to why Payu Coin stands out in the competitive crypto market, including top-notch security, no tax deductions, high speeds, and

January 23, 2024 3 mins read

Ethereum Down 7%. Will ETH Fall Below $2000?

Ethereum, the second largest cryptocurrency by market capitalization is now trapped under the bearish pressure. It had a 3% dip in the past 24 hours and 7.28% in the past seven days, currently trading at $2344. Despite this downfall in price, Ethereum’s long-term holders have now surpassed those of Bitcoin,

January 23, 2024 2 mins read
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