Category: cryptocurrencies

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Bitcoin paints a clear ‘double bottom’ but ailing momentum could force a $34K retest

BTC’s brief spike to $45K prompted some analysts to call a trend reversal, while others caution that a revisit to $34,000 is not out of the question. Bullish optimism returned to the cryptocurrency market on March 1after a majority of tokens turned green and Bitcoin bulls telegraphed their intention to hold the $40,000 level as…
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Samson Mow leaves Blockstream, plans to focus on ‘nation-state Bitcoin adoption’

“Now is a pivotal point in Bitcoin’s evolution — we’re on the verge of mass adoption, and I think that I can make it happen faster,” said Samson Mow. Blockstream chief strategy officer Samson Mow has announced he will be leaving the blockchain firm after five years. In a Tuesday Twitter thread, Mow said he…
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3 reasons why Waves price gained 100%+ in the last week

WAVES price rallied in excess of 100% after unveiling plans to launch a blockchain agnostic Metaverse and establishing a new partnership with Allbridge to facilitate cross-chain transfers. Development never stops in the blockchain sector and projects that continuously evolve are the ones that stay at the forefront and survive over the long-term.  One project attempting…
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How to stake cryptocurrencies in 2022, explained

PoS has evolved to include several evolutions, providing users new ways to participate in transaction validation and earn passive income. Who can participate in the PoS-based staking process? PoS enables just about any user with a notebook to participate in staking, with advanced exchanges simplifying the user’s experience. Today, anyone can forge tokens via PoS…
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Ukraine accepts DOT, founder Gavin Wood donates $5.8 million

The official Ukraine crypto wallets are now accepting donations from the Polkadot (DOT) ecosystem; cofounder Gavin Wood has donated $5.8 million or 298,367 DOT. Calls from the crypto community for Ukraine to accept other cryptocurrencies have been answered. The official Ukraine Twitter account shared that it will now accept donations from Polkadot (DOT), while other…
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Ukraine Now Takes Polkadot, Says It Will Accept Other Coins Soon

Having already raised millions of dollars in major cryptocurrencies like bitcoin, Ukraine is now receiving donations in polkadot as well. The country intends to expand the list of accepted coins as it increasingly relies on help from the crypto community to fund its defense against Russia. Ukraine Posts DOT Address, Receives First Polkadot Donations In…
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FC Barcelona and AS Roma fan tokens rally after Socios partners with UEFA

ASR, BAR and ACM posted double-digit rallies after the Socios fan token platform partnered with UEFA to bring NFTs and other redeemable perks to European football fans. Nonfungible tokens (NFTs) continue to see increased utilization as the possible applications of the technology have begun to be recognized in sectors ranging from sports entertainment to real…
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US Treasury Dept lists digital currencies as part of effort to sanction Russia’s government

The Treasury Department guidelines equated crypto transactions to “deceptive or structured transactions or dealings” in attempting to evade U.S. sanctions. The Treasury Department and reportedly the White House are warning U.S.-based companies and individuals not to facilitate crypto transactions sent to certain Russian nationals and banks. According to regulations from the Treasury Department’s Office of…
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Crypto investment funds attract $36M in capital despite market turmoil

Inflows into Bitcoin and Ether investment products continue to rise as institutional investors re-accumulate. Cryptocurrency investment funds recorded a sizable increase in inflows last week, signaling that institutional investors were still gaining exposure to digital assets despite extreme volatility in the market.  Digital asset investment products registered $36 million in cumulative inflows for the week…
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Neo users explain why they’ve held on to the project despite China’s heavy crypto crackdown

“I didn’t worry too much. I knew the developer team, the community supporting Neo wasn’t going to quit,” said Neo investor Lucas. It’s been a wild ride for Neo investors in the past few years, especially as China began to incrementally introduce harsher crypto regulations applicable to the project, which has been dubbed by some as “Ethereum…
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