In a significant move to reduce its exposure to potential bank failures, Tether, the popular stablecoin issuer, has taken measures to minimize its bank deposits while expanding its asset reserves. Tether has recently reported a substantial decrease in its bank deposits from $5.3 billion to $481 million during the first Continue Reading
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Crypto News
Tether Reduces Bank Deposits and Adds Gold and Bitcoin
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Crypto News
The US Government’s Crackdown on Crypto Exchanges
In recent years, cryptocurrencies have gained significant popularity, attracting both enthusiastic investors and technological innovators. However, this surge in interest has also caught the attention of regulatory bodies, particularly the US government. The Department of Justice (DOJ) and the Securities and Exchange Commission (SEC) have taken a more assertive stance Continue Reading
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Crypto News
China, Has Opened A National Blockchain Research Center
China, has recently opened a special place called the national blockchain research center. It’s located in Beijing, their capital city. The center will work with universities, research institutes, and companies to train lots of people to become experts in blockchain. This is because China wants to use blockchain to make Continue Reading
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Crypto News
$LAND Token Exploitation Loss of $149,616 $BUSD
Unfortunately, there was an exploitation with $LAND TOKEN , which means someone took advantage of a vulnerability in the system and caused a loss of 149,616 $BUSD. That’s a lot of money! Vulnerability in $LAND token system The problem happened because there wasn’t enough control over who can create new Continue Reading
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Crypto News
Exploring the Exciting World Memecoins $PSYOP
Cryptocurrencies have taken the financial world by storm, and within this vast landscape, memecoins have emerged as a fascinating phenomenon. Today, we delve into the captivating story of a new memecoin called $BEN and an upcoming presale for another intriguing memecoin called $PSYOP. So, grab a cup of coffee, and Continue Reading
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Altcoin
SEC Asks Court to Lower Fine for LBRY: What You Need to Know
The United States Securities and Exchange Commission (SEC) has requested to revise its punishment against LBRY, a decentralized content platform, acknowledging that the firm is unlikely to pay the original amount it was ordered to pay. In a recent filing, the SEC asked a New Hampshire District Court to impose Continue Reading
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Crypto News
ETH Staking Rate Reaches Historical High
In recent news, Token Unlock has reported that the current annualized rate of return for staking Ethereum ($ETH) is at a historical high of 8.6%. This is a result of the successful implementation of the Shanghai upgrade, which has seen a significant increase in the amount of $ETH deposited into Continue Reading
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BITCOIN
ORC-20 Transactions on Bitcoin Blockchain Hit Record High
After a blog post published by Binance Academy about ORC-20 Token, a new record high was reached in the number of ORC-20 transactions on the Bitcoin blockchain in a single day. The post, which explained the concept and features of ORC-20 Tokens, sparked interest and led to an influx of Continue Reading
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Altcoin
SUI Price Prediction: What to Expect in the Next Few Weeks
SUI has been trading in a tight range between $1.06 and $1.33 for the past few weeks. The Relative Strength Index (RSI) is currently in a neutral zone, indicating that the market is neither overbought nor oversold. The Moving Average Convergence Divergence (MACD) is also flat, suggesting that there is Continue Reading
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Crypto News
$PSYOP Contract Comes With a Owner-only Mint Function
The $PSYOP contract comes with a feature of owner-only mint function, which empowers the owner to mint as many tokens as they desire. As a result, the team holds absolute authority over the token supply, and they can choose to increase or decrease it according to their discretion. Investing As Continue Reading
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Memecoin
Memecoins: A Bubble Waiting to Burst?
Cryptocurrency enthusiasts have seen the rise of memecoins in recent months. These coins have been known to bring in large sums of money to some investors. However, memecoins are also very volatile, and their prices can plummet as quickly as they soar. With the rise of new memecoins, it can Continue Reading
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Crypto News
Crypto Regulation: What You Need to Know
The cryptocurrency market is growing rapidly, and with it, the need for regulation. Governments around the world are grappling with how to best regulate this new asset class, and there is no one-size-fits-all approach. Some countries, such as China, have banned cryptocurrencies altogether. Others, such as Japan, have taken a Continue Reading
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Altcoin
Ripple Joins IMF to Help Central Banks Develop CBDCs
Ripple, the company behind the XRP cryptocurrency, has announced that it has joined the International Monetary Fund (IMF) to help central banks develop central bank digital currencies (CBDCs). digital currencies Ripple’s technology will be used by the IMF to help central banks design and implement CBDCs that are secure, efficient, Continue Reading
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Trading
NEAR Coin Price Technical Analysis: Is It Time to Buy?
The price of NEAR is currently trading at $1.65, up 2.02% on the day. The 24-hour trading volume is $48,330,755. The market capitalization is $6.6 billion The NEAR price has been in a downtrend since reaching an all-time high of $20.44 in November 2021. The price has broken below the Continue Reading
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Crypto Scam
$PSYOP: The Suspicious Cryptocurrency Memecoin
Cryptocurrencies have been making waves in the financial industry for some time now, and with their increasing popularity, more and more people are investing in them. However, with the rise of this new investment opportunity comes a host of fraudulent schemes, and investors need to remain cautious. A recent scam Continue Reading
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Altcoin
PulseAI: The Revolutionary Platform for Crypto and Wellness
PulseAI is a groundbreaking platform that combines the power of artificial intelligence and blockchain technology to revolutionize the way people make decisions in the world of cryptocurrency. With its comprehensive ecosystem, PulseAI offers a range of features designed to incentivize healthy living, promote community engagement, and empower users to stay Continue Reading
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Memecoin
Milady Meme Coin (LADYS) Surges After Elon Musk’s Tweet
Milady Meme Coin (LADYS) Surges After Elon Musk’s Tweet The cryptocurrency market has been buzzing with the news of Milady Meme Coin (LADYS), a brand new token that has taken the crypto world by storm. The coin has witnessed a meteoric rise of 12,056% in its highly anticipated debut, reaching $0.0000001341. The Continue Reading
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Crypto News
Prysm v4.0.3 Update Improves Ethereum Network Stability
The Ethereum network has been experiencing periods of instability due to the beacon node issues that were causing transaction problems. As a result, many users have been experiencing slow transaction times and high fees. The hotfix is the implementation of networking protocol, which can significantly reduce the amount of network Continue Reading
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BITCOIN
Bitcoin Price Holds Above $27,600 Uptrend Is Coming!
Bitcoin (BTC) held above $27,600 on May 13. as the release of US inflation data. Inflation rate eases to 4.9% in April, less than expectations A higher-than-expected inflation reading lead to more aggressive interest rate hikes from the Federal Reserve, which could weigh on risk assets like Bitcoin. Despite the Continue Reading
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Crypto News
XRP Price Prediction 2023: Will XRP Reach $1 Soon?
The price of XRP has been on a downward trend since its all-time high of $3.40 in January 2018. However, some analysts believe that the XRP price could soon start to recover. In a recent report, DigitalCoinPrice predicted that the XRP price could reach $1.23 by the end of 2023. Continue Reading
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Crypto News
Do Kwon Released Into House Arrest in Montenegro
The founder of the Terra cryptocurrency project, Do Kwon, has been released into house arrest in Montenegro. Kwon was arrested in March on charges of forgery and using a fake passport. He was released on bail of €400,000 ($435,000). cryptocurrency market PoS Kwon is facing charges in South Korea as Continue Reading
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Crypto News
Richard Heart’s PulseChain Launches, HEX Token Dumps
After almost 2 years of waiting, Richard Heart’s PulseChain is finally live. The new blockchain launched AI PulseChain PulseChain is a fork of Ethereum, meaning that it is a copy of the Ethereum blockchain with all of the same data and smart contracts. However, PulseChain has a number of improvements Continue Reading
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Crypto News
Binance to Proactively Withdraw from Canadian Marketplace
Binance, the world’s largest cryptocurrency exchange, announced today that it will proactively withdraw from the Canadian marketplace. The decision comes in response to new guidance from the Canadian Securities Administrators (CSA) related to stablecoins and investor limits. Binance Withdraw Canadian Marketplace The CSA’s new guidance requires crypto exchanges to obtain Continue Reading
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Crypto News
OKX and UniSat to Establish Bitcoin BRC-20 Industry Standard
OKX, a leading digital assets trading platform, has announced its collaboration with UniSat to establish the Bitcoin BRC-20 industry standard. This collaboration is expected to be a significant milestone in the development of the cryptocurrency market, which will set a new standard for the industry. OKX has been working on Continue Reading
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BITCOIN
Bitcoin And Ethereum Options Set To Expire
As the expiration date for Bitcoin and Ethereum options approaches, traders are anticipating significant volatility in the market. With a notional value of $770 million for Bitcoin options and $320 million for Ethereum options, traders are keenly monitoring the expiration data and the corresponding price movements. 000 BITCOIN OPTIONS According Continue Reading