CRYPTO MARKET UPDATE

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Binance Again Temporarily Closes Bitcoin Withdrawals

On May 8th, Binance, one of the world’s largest cryptocurrency exchanges, temporarily halted bitcoin withdrawals due to a large volume of pending transactions. At the same time, Binance conducted a…
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Empty Bitcoin Block Mined Raises Concerns

Bitcoin remains the most dominant player with its market capitalization often surpassing that of the entire crypto market. However, its decentralized nature, which is one of its major selling points,…
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XRP Price Analysis: Can Ripple Win the SEC Lawsuit and Reach $3?

Ripple’s XRP has been in the news lately due to its ongoing legal dispute with the US Securities and Exchange Commission (SEC). The outcome of the lawsuit could have significant…
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Fidelity Crypto Launches Commission-Free Trading for Retail Investors

Fidelity Investments, one of the largest brokerages in the world, has launched a commission-free crypto trading product for retail investors called Fidelity Crypto. The service allows investors to buy and sell…
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Ethereum Price Continues to Rise Despite Market Volatility

Ethereum (ETH) is one of the most popular cryptocurrencies in the world, and its price has been on the rise despite market volatility. As of May 7, 2023, the price…
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Bitcoin Price Fluctuates as Experts Predict Future Surge

Bitcoin’s price has been the subject of intense discussion among crypto enthusiasts recently, with the leading cryptocurrency fluctuating between $27,000 and $31,000 in the past month, following a promising start…
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Chinese power in Dubai and NFT community drive early growth of PEPE

Milady NFT holders are among the early buyers driving the growth of the PEPE cryptocurrency. By analyzing the holding addresses of a large number of PEPE, it has become apparent…
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Bitcoin BRC20 Token Economy Skyrocket In Just Four Days

The BRC20 token standard, which is built on top of the Bitcoin network, has recently gained significant momentum, with its token economy flourishing. According to recent reports, the BRC20 token…
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Former Head of Alliance Chain at Tencent Starts Crypto Wallet Business

The former head of the alliance chain at Tencent, China’s largest internet company, has left the company to start his own cryptocurrency wallet business called Punk Code. The move is…
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Binance Resumes $BTC Withdrawals After Network Congestion Issues

Binance announced that $BTC withdrawals had been resumed, stating that the Bitcoin network was now stable. The tweet read: “$BTC withdrawals are now resumed on #Binance. Thank you for your…
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Ethereum Deposits Exceed Withdrawals After Shanghai Upgrade

In a significant development, the recent Shanghai upgrade has resulted in total Ethereum deposits exceeding withdrawals, resulting in a net inflow of 32,000 ETH. the current pending withdrawal amount stands…
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U.S. Justice Department Investigating Binance for Sanctions Violations

The national security division of the United States Department of Justice has initiated a probe into Binance, the world’s largest cryptocurrency exchange, for possible violations of U.S. sanctions related to…
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The Best Cryptocurrency Exchanges for Beginner Investors

Understanding Cryptocurrency Exchanges Before we dive into the best cryptocurrency exchanges for beginner investors, let’s first understand what cryptocurrency exchanges are and how they work. RSI Cryptocurrency exchanges are platforms…
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Pepe Memecoin Surges Over 130% and Surpasses $1 Billion Market Cap After Binance Listing

Pepe (PEPE), a newly-launched meme coin, has recently hit an all-time high, surging over 130% in the last 24 hours and surpassing a market cap of $1 billion. This surge…
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Binance Brings Floki and PEPE to the Innovation Zone, memecoin pumps

Binance, the world’s leading cryptocurrency exchange, has announced that it will list two new tokens in its Innovation Zone for trading. FLOKI (FLOKI) and Pepe (PEPE) will be available for…
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Passive Income Strategies for Crypto Investors: Maximizing Returns with These 5 Techniques

As the popularity of cryptocurrencies continues to rise, many investors are seeking ways to maximize their returns while minimizing their risks. One strategy that has gained significant attention is passive…
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Coinbase Reports Narrowed Q1 Loss and Decreased Revenue

In recent news, Coinbase, the leading cryptocurrency exchange platform, reported a narrower first-quarter loss compared to the previous year. The San Francisco-based company announced that its Q1 loss was about…
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Kenya Plans to Introduce 3% Tax on Crypto Assets

Kenya Plans to Introduce 3% Tax on Crypto Assets and 15% Tax on Digital Content Monetization The Kenyan government is set to introduce a new tax on digital assets in…
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