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Bitcoin

Finder: Bitcoin could hit $80,000 by 2025

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Bitcoin today fell below $19,000. At the same time, many experts remain optimistic and believe that BTC will grow in value in the long term. The Australian company Finder polled crypto experts, most of whom said that Bitcoin could reach $80,000 by 2025. In subsequent years, BTC will achieve more...

Toncoin Telegram

Toncoin Up 13% in a Week Amid Telegram's Usernames Auction

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Toncoin (TON), the native crypto of the blockchain protocol The Open Network, designed by Telegram founders saw a price growth of more than 13.6% in the last 7 days. Currently the coin trades at around $1.4. It’s the 32th largest cryptocurrency with over $1 billion market cap. TON’s price...

Ethereum addresses activity

Ethereum Active Addresses Dropped to a 4-Month Low

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After the big Ethereum upgrade, the Merge, the number of Ethereum active addresses has fallen essentially. According to the market intelligence platform Sentiment, it's the first time that this metric is below 400,000 since June 26, 2022. Sentiment notes disinterest is at high as prices have...

El Salvador

Salvadorans are against buying bitcoins at the expense of the budget

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In September 2021, a law came into force in El Salvador recognizing bitcoin as a legal means of payment. The initiator of its adoption was the President of the country Nayib Bukele. After that, the authorities of El Salvador periodically entered the market to purchase cryptocurrency to replenish...

Ripple SEC trial

The SEC Has Officially Handed Over Hinman Docs to Ripple

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The US Securities and Exchange Commission officially turned over Hinman's email messages and docs to Ripple. In December 2020, the regulator sued Ripple over the sale of XRP coins, saying the asset is considered as an unregulated security. During the trial, Ripple asked for docs where William...

Whales

Bitcoin whale reserves fall to a three-year low

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The largest bitcoin holders often referred to as whales, have been among the most active sellers. They have been getting rid of the accumulated cryptocurrency over the past few months. As a result, their reserves have fallen to a three-year low, according to the Santiment report. Just last week,...

Blockchain security startup

Smart Contracts Audits Startup Hexens Closed $4.2 M Seed Funding

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Armenian blockchain security startup Hexens secured $4.2 M in seed funding led by IOSG Ventures. Companies including ChapterOne VC, Delta Blockchain Fund, Polygon, and others also took part in the round. Since Hexens was founded in 2021, our team has had an impressive track record and recognition...

Kraken

Exchange Kraken will stop serving Russian users

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Last week, the cryptocurrency exchange Cryptopay announced the termination of services for users from the Russian Federation. The trading platform motivated its decision by the need to comply with the sanctions imposed on Moscow by Western countries. The day before, another bitcoin exchange,...

Plaid crypto wallet

Fintech Company Plaid Announced Its First Crypto-Native Product

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Leading financial services company Plaid revealed the launch of its first crypto-native product, Wallet Onboard. Founded in 2013, the company partners with banks and payment services to make it easy for people to connect their financial accounts to the apps and services they use. Plaid released a...

N26 crypto trading

German Digital Bank N26 Launches Crypto Trading

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Berlin-based neobank N26 announced it is going to launch a crypto trading service in Austria. Called N26 Crypto, the service is supposed to become available to Austrian clients in the next few weeks. Initially, N26 Crypto will include 100 tokens including BTC and Ether. Over the next six months,...

Bitcoin

CoinShares: Bitcoin funds raised $8.8 million in a week

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Last week, institutional investors invested about $8.8 million in Bitcoin-focused crypto funds. Analysts at CoinShares note that big capital has been entering this instrument for the past five weeks in a row. Since the beginning of 2022, the net inflow of institutional money into BTC funds amounted...

Japan crypto rules

Japan to Make Listing of Cryptocurrencies Easier

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Japan intends to make rules for the crypto industry easier by providing a more simple way for virtual coins to get listed on exchanges. According to a release by Bloomberg, corresponding documents reveal that the authority governing crypto exchanges in Japan plans to allow the platforms to list...

Société Générale

Société Générale will provide cryptocurrency custody services

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A license to deal with digital currencies has been given to Société Générale by the French Financial Market Authority (AMF). For the past few years, this banking behemoth has been considering blockchain technology. A unique division of Forge Bank is responsible for conducting market research...

OneCoin crypto scam

OneCoin Cryptoqueen Alleged Partners Face Charges in a Court

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Three people related to the crypto scam OneCoin and its founder Ruja Ignatova aka Cryptoqueen appeared in a German court facing charges over their role in the fraud. One of them is a Munich lawyer who is accused of transferring €20 M ($19.7 M) via the Cayman Islands on her behalf to buy two...

Guinness bitcoin records

Bitcoin Enters the Guinness World Records

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We can now see Bitcoin in the list of Guinness World Records for a number of entries. The book mentions that Bitcoin is the first decentralized cryptocurrency, the oldest active cryptocurrency, the first blockchain, etc. Searching "Bitcoin" on the Guinness World Records website, users...

Sanctions

Another crypto exchange joins anti-Russian sanctions

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Cryptocurrency exchanges registered in the European Union began to limit the possibilities of Russian users. Last week, the Blockchain.com service announced that it was joining the sanctions against the Russian Federation. Until October 27, users of this crypto wallet must withdraw funds,...

Shopify Novel Web3

Shopify Teams up With Novel to Deliver Accessible Web3 Services

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Leading e-commerce company Shopify teamed up with the Web3 commerce solution Novel to allow merchants to access blockchain tech easily. Novel released an app on the Shopify App Store, which provides merchants with tools to try Web3 innovation in e-commerce without having technical knowledge. The...

Walmart crypto

Walmart CTO Finds Crypto Will Play an Essential Role in Payments

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Suresh Kumar, the global CTO at Walmart, predicts that cryptocurrencies will play a key role in payment disruption in the future, transforming the way people pay for goods. Kumar mentioned that Walmart has a positive outlook on crypto at a Yahoo Finance summit. According to the executive, there are...

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