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Search Results for: crypto market

Samsung, Most Active Investor in Blockchain and Crypto Sector

Blockdata, a research organization, analyzed the investments made by major firms in blockchain and cryptocurrency startups between September 2021 and mid-June 2022, and found that South Korean electronics giant Samsung was the most active, having invested in 13 companies during that time period. The second most active investor is United

September 19, 2022 1 min read

Russian Prime Minister Keen on Planned Crypto Adoption

The Russian government has entrusted the Central Bank and the Ministry of Finance. Vladimir Putin emphasized Russia’s potential as a currency minting destination. To help shape the future of the digital financial asset (DFA) market in the Russian Federation, Prime Minister Mikhail Mishustin has instructed the Ministry of Finance to

September 19, 2022 2 mins read

Dubai’s 5-Star Hotel Palazzo Versace Now Accepts Crypto

Palazzo Versace Dubai, a five-star hotel in Dubai, now accepts cryptocurrency payments for rooms, meals, and spa services. Payments made by Bitcoin, Ethereum, or Binance Coin (BNB) from guests will be handled via the Binance platform. Moreover, the 146-room, ultra-luxury resort in Jaddaf Waterfront announced in a press release that

September 19, 2022 2 mins read

Is the Second Sequel of Cryptocrash Beginning Here?

The liquidated amount in just the last 24 hrs was around $65 billion. Market cap fell to $666 B from $950 B and it has bounced back to the $900 B range. The last 24 hrs were very chaotic in the crypto environment, fall can be seen in every cryptocurrency

September 19, 2022 2 mins read

DOGE Reserves Its Spot as the Second PoW Crypto

Dogecoin became the second-largest cryptocurrency that uses the PoW consensus.  DOGE has overtaken DOT and reclaimed the tenth position in the ranking.  Dogecoin traded at $0.057177 with a trading volume of $316,233,477. In terms of market value, Dogecoin (DOGE) surpassed and overtaken Polkadot (DOT). According to data from CoinMarketCap, DOGE

September 19, 2022 2 mins read

ApeCoin Surges Over 15% Despite Sluggish Market Sentiment

APE projected heightened bull vigor after breaking over the 20/50/200 EMA. A breakdown of the $5.20-$5.22 range at the close would indicate a near-term downtrend. Although ApeCoin (APE) fell from its two-month peak in early August, the cryptocurrency was able to recover and find support at the $4.2 support level.

September 18, 2022 2 mins read

U.S DOJ Establishes Network of Attorneys For Crypto Crimes

Digital Asset Coordinators Network is the name chosen for the new group. The first head of the DOJ’s national cryptocurrency enforcement unit is Eun Young Choi. The US DOJ has assembled a team of attorneys to handle cases involving crypto-related offences. The Department of Justice (DOJ) reportedly sent in around

September 18, 2022 1 min read

The Wanted Crypto Creator Do Kwon Claims He Is Not on the Run

According to Do Kwon, they are currently defending themselves in a number of jurisdictions. His tweets gave no indication of where he was. South Korean prosecutors filed an arrest warrant earlier this week for Do Kwon, the co-founder of the Terra ecosystem, which fell catastrophically in May. They also requested

September 18, 2022 1 min read

XRP Price Surges Nearly 12% Despite Overall Bearish Market

The parties’ joint schedule plan was accepted by District Judge Torres. The hearing scheduled on September 19, 2022, is very important. The price of XRP, Ripple’s native token, has increased by nearly 12% in the last 24 hours. The token’s rapid rise has propelled it into the ranks of the

September 17, 2022 1 min read

Chainlink (LINK) Outperforms Despite Market Turning Red

The coin reached a top of $8.034 and a low of $7.4948 during the day.  Bitcoin, the leading cryptocurrency, currently trading in the $19,000 range within 24 hours. Prices in the cryptocurrency market have been swinging and experiencing ups and downs daily. Since the battle against inflation began, global finance

September 17, 2022 2 mins read
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