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Search Results for: Cryptocurrency

UK Eyes Crypto Staking and Stablecoins Regulations in Next Six Months

Within the next half-year, lawmakers in the UK want to enact new regulations on cryptocurrency staking and stablecoins. The government is striving aggressively to adopt the new law before this year’s general election, according to Bloomberg, which Economic Secretary to the Treasury Bim Afolami said at a Coinbase-hosted crypto event

February 20, 2024 2 mins read

Altcoins’ Open Interest Surges Amid Bitcoin Futures Hit $23 Billion

In recent months, the cryptocurrency market has witnessed an unprecedented surge in both investment and speculation, with derivatives trading reaching remarkable highs. Bitcoin, the leading digital asset, has once again taken the spotlight as its futures open interest surpassed $10 billion for the first time since July 2022. This surge

February 20, 2024 2 mins read

Polygon Whale Makes a big Move with a $50k Bet on an Emerging Competitor Priced at $0.12

The trajectory of emerging projects can frequently be defined by strategic investments and audacious moves in the constantly changing cryptocurrency landscape. A noteworthy development that rocked the market recently involved a move by a Polygon whale, who is well-known for having large holdings in the cryptocurrency space. The cryptocurrency community

February 20, 2024 4 mins read

Here’s What to Expect by 2025 From a $10,000 Investment in Solana (SOL), Polygon (Matic), and Retik Finance (Retik) Today

In the rapidly evolving landscape of cryptocurrency investments, making informed decisions about where to allocate funds is crucial. With numerous promising projects emerging, three platforms stand out as potential game-changers: Solana (SOL), Polygon (MATIC), and Retik Finance (RETIK). By examining their current trajectories and projected growth, we can gain insights

February 20, 2024 5 mins read

ARK Dumps $90M Worth of Coinbase Shares After Q4 Earnings

Coinbase Global (COIN), the Nasdaq-listed cryptocurrency exchange, saw one of its largest institutional supporters, ARK Invest, sell about $90 million worth of its shares on Friday. This happened after the exchange posted strong fourth-quarter earnings that led to several analyst upgrades. Coinbase shares surged nearly 27% to $180.31 last week,

February 19, 2024 1 min read

Bitcoin Futures Open Interest Surges Amid Price Rally to $52,300

Bitcoin futures have seen a significant increase in open interest on centralized exchanges, reaching a new high for the year and indicating a strong market activity and sentiment around the largest cryptocurrency. The aggregated open interest for Bitcoin futures on centralized exchanges reached $22.9 billion. This is the highest level

February 19, 2024 2 mins read

Crypto Market on the Rise; Top 3 Altcoin Picks for March 2024

In the midst of a bullish surge in the global cryptocurrency market, investors are eagerly eyeing potential altcoins for substantial gains. Bitcoin’s price has soared above $52,300, fueled by the excitement surrounding Bitcoin ETFs and the impending BTC halving, promising a significant rally in the market. Here’s a list of

February 19, 2024 2 mins read

Vitalik Buterin Explores Crypto and AI Intersection Ahead of Dencun Upgrade

Ethereum co-founder Vitalik Buterin recently wrote a post on AI and its crypto applications, which led to a price spike for ETH. Buterin has been discussing the benefits and drawbacks of artificial intelligence (AI) lately. He recently discussed the intersection between crypto and AI, outlining advantages, disadvantages, and possible applications.

February 19, 2024 1 min read
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