Bitcoin started a fresh decline from well above the $44,000 level against the US Dollar. BTC broke the $42,500 support and remains at a risk of more downsides. Bitcoin traded below an important support zone at $42,500. The price is trading below $42,500 and the 100 hourly simple moving average. There is a key bearish…
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The use of cryptocurrency by Ukrainians is an effort to fight back against Russian troops positioned in their country. A blockchain analytics firm Elliptic revealed that Ukrainian crowdfunding had increased 900% since 2021, with most donations coming from within Ukraine itself rather than externally like before when it was funded mainly by other countries or…
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The Bitcoin price range has become significantly more subtle over the last several years as it has grown in popularity as a cryptocurrency. It is currently valued at $42,398.83 as of Sunday. On Saturday, the BTC/USD exchange rate increased by 7.07%. Bitcoin ended the day at $42 414, up 3.54% from Wednesday’s low. According to analysts,…
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BNB100X is a high-yield farming DApp on the Binance Smart Chain. It allows users to maximize their crypto holdings by receiving a steady return on investment. Investment duration ranges from 7 days to 30 days with a 119% return to as high as 234% return. It is one of the highest and fasting paying high…
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Argentinian Tax Authority, AFIP, has stated that they will be able to seize any assets owed by taxpayers in digital wallets if the tax debts are not settled. Last year, the organization recommended the law but did not execute it until early 2022 during the Covid-19 pandemic. Related Reading | Making Money in Bitcoin Markets?…
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Smooth Love Potion (SLP) is skyrocketing in value just prior to the launch of Season 20 of Axie Infinity, the world’s most popular play-to-earn blockchain game. In a matter of days, the SLP token triples in value. As of February 12, 2022, SLP is now selling for $0.027 with a 24-hour range of.024 -.032. The in-game…
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A blockchain research firm, Chainalysis, revealed crypto-ransomware attacks of 2021 racked up $602 million in Bitcoin and other currencies, and that figure could be even higher. In addition, the report pronounced a Russian-based hacker group named Conti as the most active and largest group of hackers by revenue last year. The analysis firm expressed that…
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Altcoins have been bigger winners than bitcoin in the recent recovery. Even though the latter led the recovery, the smaller cap coins have been making all of the waves in the space, outperforming other indexes and bitcoin included. All of this has pointed to an altcoin season after a purported ‘crypto winter’ and the gains…
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An expert has claimed that crypto is trading like risk assets and looking like growth equities, and as the traditional market is likely to continue to see high volatility over the next months, the institutional adoption of crypto is slowing down until global equity markets find stability. Crypto Institutional Adoption The institutional adoption of digital…
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The crypto market has been on a recovery trend lately. Even with the market crash, it had already marked a year of massive returns for investors in the space. As is expected with a space with high volatility, crypto assets had begun to crumble in value. But despite the profitable year for cryptocurrencies, a subset…
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