Category: cryptocurrencies

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Pro traders may use this ‘risk averse’ Ethereum options strategy to play the Merge

Ethereum’s “Merge” upgrade is expected to induce volatility in ETH price, but options traders can safely remain long by using this strategy. Ether (ETH) is reaching a make-it or break-it point as the network moves away from proof-of-work (PoW) mining. Unfortunately, many novice traders tend to miss the mark when creating strategies to maximize gains…
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Crypto Downturn Floods Market With Rolex and Patek Watches, Trading Platform Says

The latest troubles in the crypto space have allegedly led to an increased supply of second-hand luxury watches, according to a leading trading platform. As a result, prices of sought-after models by major brands like Rolex and Patek have dropped, the company revealed. Higher Supply After Crypto Crash Hurts Resale Prices of Top Watches From…
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Can blockchain be used without cryptocurrency?

Blockchain technology supports cryptocurrencies but can also be used for supply chain tracking, identity management systems, healthcare and more. Can smart contracts exist without blockchain? Blockchain technology is necessary for smart contracts to function because it enables automated agreements to be conducted and carried out without the involvement of a third party.  Similar to smart…
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Binance to Sell NFT Tickets for Major Italian Soccer Club Lazio

Crypto exchange Binance will be offering NFT tickets for the games of one of Italy’s leading soccer teams, Lazio, during the upcoming season in the Italian Serie A championship. Supporters of Lazio will be able to use the tokens to also take advantage of various discounts. Lazio Fans to Buy NFT Tickets From Cryptocurrency Exchange…
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KuCoin crypto exchange debuts USDT-dominated NFT ETF

KuCoin’s new investment product aims to increase the liquidity of and access to leading nonfungible token collections such as BAYC. Seychelles-headquartered cryptocurrency exchange KuCoin has launched an exchange-traded fund (ETF) tied to major nonfungible token (NFT) assets like Bored Ape Yacht Club (BAYC). KuCoin’s NFT ETF Trading Zone went live on Friday, the firm announced.…
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Pro-Russian groups raised only 4% of crypto donations sent to Ukraine

“While significant, the $2.2M worth of crypto donated to pro-Russian orgs still pales in comparison to the tens of millions in crypto donated to Ukraine,” said Chainalysis. According to data from crypto analytics firm Chainalysis, users have sent more than $2 million in crypto to 54 pro-Russian groups since Feb. 24, a fraction of that…
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Charles Schwab’s asset management arm launches crypto-linked ETF

Schwab said the investment vehicle will offer exposure to firms involved in mining and staking as well as those developing blockchain-based apps or distributed ledger technology. Schwab Asset Management, the asset management arm of financial giant Charles Schwab, has launched an exchange-traded fund (ETF) with exposure to firms linked to cryptocurrencies.  In a Friday announcement,…
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Iran Amends Regulations to Ease Crypto Miners’ Access to Renewable Energy

Authorities in Iran have revised some rules for the crypto mining industry in order to facilitate its access to green power. Licensed miners will now be able to purchase electricity produced from renewable sources from across the country at lower rates. Cryptocurrency Miners in Iran Allowed to Source Green Energy From Across Country Iran’s Ministry…
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Crypto use in emerging markets driven by necessity: KuCoin Labs head

Key differences in the use and development of cryptocurrencies come to the fore as Blockchain Economy Istanbul continues to focus on emerging markets. The proliferation of cryptocurrencies around the world has been driven by different use-cases, with key differences becoming apparent between developed and emerging market environments. Lou Yu, who heads up KuCoin Labs, tackled…
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US lawmaker calls for Apple and Google to provide info on fake crypto apps

“Industry shouldn’t be allowed to write the rules that they want to play by,” said Senator Sherrod Brown in calling for U.S. lawmakers and regulators to address crypto scams. Senator Sherrod Brown, chair of the Senate Banking Committee, has penned letters to the CEOs of Google’s parent company Alphabet and Apple calling for the tech…
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