NEAR rallied by over 25% on Friday, as speculation grew that Near Protocol was set to create a rival stablecoin to Terra’s UST. LUNA fell on the news, as Terra labs plans to purchase around $100 million worth of AVAX, in order to strengthen its own reserves. Near Protocol (NEAR) NEAR was the biggest gainer…
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ETH was marginally higher during Friday’s session, as it moved away from its recent support level around $3,145. BTC on the other hand mostly consolidated today, as prices mainly traded close to the $43,000 region. Bitcoin Friday saw BTC fall for a fourth straight session, as prices continued to reach lower lows throughout the course…
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Trading platform Robinhood has rolled out its new crypto wallets to more than two million customers. In addition, Robinhood CEO Vlad Tenev announced that the platform will integrate with the Lightning Network “to bring even lower costs to our customers.” More Than 2 Million Users Can Now Use Robinhood Crypto Wallets Popular trading platform Robinhood…
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On April 7th and 8th, 2022, approximately five bitcoin block rewards mined in 2009 were spent in a concession of transfers. The last time a 2009 block was spent was 1.10 years ago on May 20, 2020. The 250 bitcoin from the latest 2009 spends sat idle for 12.4 years, and the coins were worth…
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A Bitcoin miner is heating his entire swimming pool so his kids can swim–all while securing the Bitcoin network and making money. A Bitcoiner has “pooled” off another mining innovation. The ‘waste’ heat generated by mining Bitcoin (BTC) is used to warm his swimming pool. Bitcoin enthusiast Jonathan Yuan had kids who “love swimming, but…
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The global adoption of cryptoassets for eCommerce is gaining speed — as 40% of 18-35-year-olds plan to pay for goods and/or services with crypto in 2022, according to a recent report released by global payments provider Checkout.com. This figure is up from less than 30% recorded last year. The report presents the findings of…
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Attorney Kevin Thompson thinks that the event will make regulators frustrated, leading to the creation of reporting requirements for Shopify. Following the announced integration of the payment app Strike with e-commerce platform Shopify to accept Bitcoin (BTC) through the Lightning Network, the crypto community raised concerns over the legal implications of the move. Crypto researcher…
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The crypto community-backed charitable venture that earlier received a USD 2.5m fund boost from the Ethereum (ETH) co-founder Vitalik Buterin has announced it has launched a charity crypto debit card that will allow Ukrainian users to access funds and humanitarian aid…. Read More: Crypto-Powered Ukrainian Charity Launches Debit Card for War Victims Read more »Pay, Trade, Buy…
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Short-term Bitcoin price action once again feels like a different animal to bulls’ high-timeframe conviction. Bitcoin (BTC) faced a new threat of a dip below $40,000 on April 8 as short timeframes failed to rescue bulls. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView Bitcoin risks return to $38,000 support Data from Cointelegraph Markets Pro and…
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In a Tweet, Kraken CEO Jesse Powell has made the decision to close the Kraken global headquarters in San Francisco. The Golden City is losing its shine as one of the largest United States-based cryptocurrency exchanges closes its San Francisco-based headquarters. Kraken CEO, Jesse Powell retweeted that Kraken will close its global headquarters on 548…
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