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News and Articles by Diana



Argo

Argo Blockchain revenue grows by 180%

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For the first half of 2021, public mining company Argo Blockchain earned £ 31.1 million in revenue, 180% more than in the same period last year, the firm said in its statement of financial results. Argo’s earnings before depreciation, interest and direct taxes (EBITDA) increased 332% to £ 16...

Mossad

Israel National Intelligence seeks digital asset specialist

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Israel National Intelligence agency Mossad recently posted a list of current vacancies on its official website. In the list of specialists that the department needs was also a "cryptocurrency expert" with at least three years of experience in the field of financial technologies. Based on...

Bitcoin

Fairlead strategist expects Bitcoin to skyrocket to $51,000

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Over the past five days, the value of Bitcoin (BTC) has increased by more than 10%. Monthly, the price of the cryptocurrency jumped 32%. However, BTC is still far from the peak values ​​recorded in April. Recall that in mid-spring, the bitcoin rate exceeded $ 64,000. On the night of Tuesday,...

Invest

Investments in crypto in 2021 have passed indicators for past years

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Based on official statistics, over the past six months of 2021, the amount of venture capital investments in digital assets exceeded the figure for all previous years combined. Despite this unconditional fact, it cannot be denied that the crypto industry experienced a lot of volatility earlier this...

DEX

Trading volume on decentralized exchanges fell to $56.4B

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In July 2021, there was a weakening in the activity of users of decentralized cryptocurrency exchanges (DEX). Trading volume fell to $ 56.47 billion last month. Analysts have found that trader activity has been declining over the past few months. UniSwap, deployed on Ethereum, still tops the list...

Brazil

First green Bitcoin ETF may appear in Brazil

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The exchange-traded fund BITH11, which is managed by Hashdex, has announced its intention to invest part of its assets in green technologies and so-called carbon credits. Thus, the company's management wants to create the country's first purely green ETF. For example, Hashdex wants to start the...

NFT

Jumbish art organization announces joining NFT market

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The founder of the famous art organization Jumbish, Shankar Mridha, said that his company is going to soon join the NFT market and start selling art collectibles, which are securities and tokens. According to reports, the uniqueness of this event will be the moment that the Jumbish NFT Marketplace...

Ukraine

Ukraine wants to allow the use of BTC as a payment method

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Ukraine is not only moving towards creating its digital currency, also the country wants to allow the use of bitcoin when paying for goods and services. The government's position was expressed by Deputy Minister of Digital Transformation Alexander Bornyakov. Holders of digital assets will be able...

BTC

Bloomberg expects BTC rally to resume in 2nd half of the year

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The bitcoin (BTC) rate on Friday, August 6, is holding around $ 40,800. During the day, the cryptocurrency tried to gain a foothold above $ 41,000, but it did not have enough support to hold positions. Bloomberg strategist Mike McGlone recently stated that BTC has a realistic chance of repeating...

SEC CFTC

SEC and CFTC are arguing over getting right to regulate cryptosphere

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The head of the SEC, Gary Gensler, recently announced the need to legalize the cryptocurrency industry as soon as possible. In his opinion, the SEC should control this market. Gensler proposed to classify digital assets as securities. However, there is another important regulatory body in the...

Stablecoin

Matthew Gould: Stablecoin cap to reach $1 trillion

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The market for digital assets backed by fiat money will grow rapidly over the next four years. According to the forecasts of the CEO of Unstoppable Domains, Matthew Gould, by 2025, the capitalization of stablecoins will reach $ 1 trillion. The businessman expressed his point of view in an interview...

Institutional investors

Institutional investors become more engaged in DeFi tokens

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Analysts at Genesis Global Trading drew attention to the growing interest of institutional investors in Ether (ETH) and tokens deployed based on the DeFi market. Moreover, in a study published by experts, it is noted that financial institutions have become less likely to enter bitcoin products....

Digital Bolivar

Venezuela's CB promises to launch digital bolivar in October

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Back in 2018, the Venezuelan authorities introduced the Petro digital currency. President Nicholas Maduro then promised that every coin would be backed by the oil produced in his country. However, as subsequent events showed, interest in Petro turned out to be practically zero, both on the part of...

Google

Google resumes publishing digital currency ads

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In the summer of 2018, Google banned the publication of advertising content dedicated to investments in digital currencies. It motivated the decision by the fact that many fraudulent projects related to the cryptosphere appeared on the Internet. However, in June of this year, the IT giant announced...

Novogratz

Novogratz criticized politicians slowing down bitcoin legalization

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According to Galaxy Digital CEO Mike Novogratz, the American authorities harm the state’s economy by slowing down the process of legalizing the cryptosphere. The billionaire expressed his position on Twitter and stressed that officials and politicians who are skeptical about Bitcoin are creating...

DeFi

Sharp jump in network activity in DeFi market is recorded

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In a study by the ConsenSys team, the number of ETH addresses interacting with DeFi protocols expanded dramatically in the second quarter of 2021. This show in the reporting period soared by 65%, analysts said. The total number of wallets deployed on ETH increased by 10% in the last quarter....

makersplace

Coinbase co-funding MakersPlace NFT platform

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The popular MakersPlace platform, whose activities are aimed at trading tokenized collectibles, announced the completion of the Series A funding round. According to reports, the project was able to raise about $ 30 million as part of fundraising. The trading platform is quite popular among...

dydx

dYdX will issue management token and distribute it to users

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The non-custodial trading platform dYdX will issue a management token, part of which will be distributed to users during the airdrop. The project website says that 75,000,000 DYDX (7.5% of the emission) will be available to users who have used the platform until July 26, 2021. To participate in the...

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