Tag: Cryptocurrency

Bitcoin Mega Whales Are Buying, Time For Rally To Return?

On-chain data shows that the largest number of investors in the Bitcoin market are finally buying, which could be bullish for the asset’s value Bitcoin Mega Whales Have Shown Net Inflows In The

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Binance CEO Vows Cooperation With Nigerian Authorities In $35M Money Laundering Case

In a recent development, Richard Teng, the CEO of Binance, has confirmed the company’s close cooperation with Nigerian authorities following the detention of its head of financial crime

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IRS draft tax form for crypto defines unhosted wallets as brokers

The IRS published a draft version of its 1099-DA reporting form and controversially included unhosted crypto wallets among its targets on April 19 Ji Kim, Chief Legal and Policy officer at the Crypto

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Human Rights Foundation launches Finney Freedom Prize to reward contributions to Bitcoin for 110 years

The Human Rights Foundation (HRF) unveiled the Finney Freedom Prize on Bitcoin’s fourth halving day to celebrate the flagship crypto for enabling greater financial freedom for the world The

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Halving Milestone: Block 840,000 Mined, Ushering in a New Chapter as Bitcoin Miners Face Shrinking Rewards

At 8:12 pm ET on Friday, April 19, 2024, the Bitcoin network marked its fourth block reward halving at block height 840,000 Block 840,000 was mined by Viabtc, securing the notable ‘epic

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Shiba Inu Burn Rate Sees 81% Daily Increase, But Why Is Participation Low?

The Shiba Inu burn rate has seen another daily increase, which is a welcome development for the community However, the figures being burned paint another picture, especially when it comes to

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Shiba Inu Headed Toward Critical Support Threshold With 2 Trillion SHIB Buys

Shiba Inu (SHIB) has established a critical price support level amidst the market-wide downtrend, which has kept crypto prices down This support level has been established thanks to a host of Shiba

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Bitcoin Trader Selling Pressure Declining, CryptoQuant Head Explains Why

The head of research at the on-chain analytics firm CryptoQuant has explained why selling pressure from Bitcoin traders may be declining Bitcoin Short-Term Holder Realized Price Has Risen To $60,000

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Tether Officially Reorganizes, Announces Four Different Business Divisions

Tether, one of the largest companies in the cryptocurrency industry, has announced a reorganization of its business operations, seeking to restructure to support its expansion Tether will now have

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Bitcoin Halving: Anticipating Price Impact, Miner Challenges, And Long-Term Outlook

The highly anticipated Bitcoin Halving event is close, bringing with it heightened expectations regarding the long-term impact on the Bitcoin price There are concerns, however, that this

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Hong Kong-based HashKey to cease Binance-related transactions amid policy change

Crypto exchange HashKey said it would end support for Binance-related transactions next month In an April 19 statement, the Hong Kong-based crypto trading platform stated that it would restrict

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