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News and Articles by Diana



China

China continues to squeeze cryptocurrencies out of financial market

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China imposed a ban on all cryptocurrency transactions for financial institutions and payment companies. Banks and online services are prohibited from advertising any transactions that relate to them. It is also forbidden to mine cryptocurrency, but with all this, it is allowed to keep virtual...

FUNDS

Crypto funds faced outflow of funds for the first time in 17 weeks

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The negative trend dominating the digital currency market has led to a sharp deterioration in the attractiveness of innovative instruments in the eyes of institutional investors. For the first time in 17 weeks, crypto funds have faced capital outflows, according to CoinShares. Institutionals...

Whales

Whales became active during each fall of Ether

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The support zone around $4000 did not work, and Ether (ETH) continues to retreat. On Monday, December 20, the altcoin price fell to $ 3,807, but analysts note that the attractiveness of ETH is not only not weakening, but on the contrary, is increasing. Large investors have been buying Ethereum...

Investment

Analysts drew attention to growing interest in investment funds

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2021 turned out to be the most productive year for funds investing in the blockchain industry. The volume of investments in the crypto sphere has already reached almost $ 30 billion, which is about four times more than in 2018 after the first famous Bitcoin run. Blockchain Capital LLC CEO Spencer...

Thailand

72 bitcoin miners worth $60,000 were burnt in Thailand

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In early December, a bitcoin mining farm consisting of 72 ASIC miners burned down in the Thai province of Chiang Mai. The fire broke out at night on the second floor of a three-story office building. Because there was no one on the neighboring premises, the firefighters arrived at the scene too...

Paraguay

Paraguay prepares to legalize crypto trading and mining

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Paraguay has joined the list of countries that will restrain mining and crypto trading. Back in July, a bill allowing the use of bitcoin was submitted to the parliament of this country. Late last week, the Paraguayan Senate upheld the regulatory framework for miners and cryptocurrency...

Premier League

LassoCoin Launches with the Premier League in its Sights

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December 20, 2021 — LassoCoin launched last week as the first-ever 100% crypto holder controlled English Football Team. LassoCoin will save a 100+ year old club on the brink of bankruptcy due to COVID, providing the club with capital to develop into a serious contender and earn a promotion to the...

Survey

CNBC survey: attitude of millionaires to crypto depends on their age

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CNBC recently published the results of the latest poll, which showed that generations of millennials, or as it is also called generation Y, generation X, and generation of baby boomers, have completely different views on cryptocurrency. For the study, investors who own $ 1 million or more were...

Bank of Russia

Bank of Russia promises to introduce new restrictions for the cryptosphere

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The Bank of Russia management is considering options for introducing new restrictions on cryptocurrency holders. According to the head of the Central Bank Elvira Nabiullina, who already has a negative attitude towards bitcoin, the regulator wants to achieve a ban on the use of the state's financial...

Kazakhstan

Central Bank of Kazakhstan reveals details of its CBDC concept

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In May, the head of the National Bank of Kazakhstan, Yerbolat Dossayev, said that testing the digital tenge (CBDC) could begin this year. This week, the Central Bank published a report in which it revealed some details of its concept of a national digital currency. This document states that the...

Kraken CEO

Kraken CEO does not rule out the return of "crypto winter"

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Back in August, Kraken CEO Jesse Powell shared the point of view of those analysts who predicted Bitcoin's soar to $ 100,000 by the end of this year. Among such experts, for example, Bloomberg strategist Mike McGlone stands out. However, this week Powell unexpectedly corrected his position and...

TLT token, product of Madagascar Time is here to Takeover the Lottery Industry

TLT token, product of Madagascar Time is here to Takeover the Lottery Industry

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On 9 December, Madagascar Time Limited, an uprising start-up project, released its sister token TLT (Times Lottery Takeover). This unprecedented and incredibly efficient lottery system uses blockchain technology which creates transparency so that everyone can publicly see the rewards sent fairly....

WEWE

Rent Hardware and Mint Tokens with WEWE

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WEWE Global has launched its latest product: Cloud Minting Program, to take part in the minting of tokens. The advantage it offers is that buying a program gives you a rental contract for hardware that will produce tokens. This hardware does all the work, and as a customer you receive free tokens...

UK

UK authorities stepped up the fight against the promotion of crypto

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The UK Advertising Standards Authority (ASA) has required all crypto companies to stop posting content promoting cryptocurrency investments. On December 15, the regulator sent appropriate notifications to such companies as Coinbase, Kraken, eToro, as well as EXMO, and Coinburp. The management also...

Solana

Solana surpasses Polkadot and Cardano daily upload rates on GitHub

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According to Santiment, Solana has exceeded the daily sending rates of two cryptocurrencies to GitHub in the last month. We are talking about the assets of Polkadot and Cardano. GitHub applications for Solana achieved 90 over the past month, followed by Polkadot (76) and Cardano (65). Solana is the...

BTC

Strategic Wealth Partners president commented on Bitcoin bounce

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Bitcoin (BTC) is rebounding on Wednesday after falling below $47,000 earlier in the week. Altcoins also went on the offensive today after a prolonged correction. The most successful of the top ten digital currencies was Dogecoin (DOGE), which soared 13% to $ 0.182 in a day. This altcoin is adding...

Mining

Capitalization of mining companies falls against the backdrop of BTC

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The share price of the largest mining companies collapsed this week amid a massive pullback in Bitcoin and other digital currencies. The price of BTC fell below $ 47,000 the night before, and altcoins were also in the red. As a result, investors began to withdraw from the shares of mining companies...

Robinhood

Robinhood launches cryptocurrency wallet in early 2022

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The list of those waiting to open a crypto wallet is more than one and a half million people. At the moment, users of the Robinhood trading application can buy and sell some cryptocurrencies, but still, the service does not provide for such opportunities as exchanging cryptocurrencies with other...

See all cryptocurrency and blockchain news and articles by Diana