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Dubai Fund sells BTC buys ADA and DOT

Dubai Fund Sells $750 M in BTC to Acquire ADA and DOT

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Multinational crypto funding entity FD7 Ventures told vending $750 M worth of Bitcoin owning within the following 30 days. The organization means to manage the sum to extend its funds in Cardano (ADA) and Polkadot (DOT). FD7 Ventures holds more than $1 B in net assets. Most part of this comes from...

Grayscale plans offering more altcoins

GrayScale Mentioned the Tokens It Considers to Offer

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Major digital currency manager GrayScale informed about planning to integrate altcoin trusts in January. Presently, the company offers eight asset investment trusts. They are BTC, BCH, ETH, ETC, ZEN, LTC, XLM, and ZEC. Besides, the organization represents one multiasset capital called Grayscale...

Cardano 3rd by market cap

Cardano (ADA) Now Is the 3rd Largest Token by Market Cap

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The native token of the Cardano blockchain has got ahead of Binance Coin (BNB) in terms of market capitalization. The asset's market cap increased by over 29% in a day, surpassing $41 B. ADA trades at about $1.33 currently. Cardano was launched in 2017. The blockchain platform is supported by...

Robinhood new users

Six Million Newcomers on Robinhood Crypto in 2021

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California-based free trading app Robinhood stated on Thursday that there are 6.000.000 more users of the Robinhood Crypto in the ongoing year. Robinhood began offering crypto activities in 2018. Last May it reported having over 13 M clients. In January as well as February, the platform attracted...

Thorchain RUNE

Rune Hits New Highs After Multichain Capital's Investment

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The native token of the THORChain network Rune has increased by over a 34% after thesis-driven investment firm Multichain Capital accumulated a large sum of the asset. Now RUNE trades at about $5. Data shows that since its release in July 2019, the token has been up 62,000%. The token's market cap...

Square new investment in BTC

Square Invests $170 M in BTC

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American Financial services Square made another investment in Bitcoin. The firm invested $170 million in the asset. According to the company's Q4 report, the firm has already made $1.76 B from Bitcoin trades implemented in the final quarter of 2020. This is 1000% more compared to the sum of the...

BTC price decline

BTC Price Sees Major Decline. Investors Lose Money

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In the previous two weeks, Bitcoin price grew by over 40% reaching its all-time high of $58.000. However, on February 22, the price took a dip falling to $48.900. At the moment, the leading cryptocurrency trades at around $50.000. Blockchain data provider Glassnode notes the number of addresses...

India crypto situation

India and the Crypto Assets. What Is Going on Now?

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The condition of the crypto sector isn't distinct in India. On January 30, the Government of the Republic represented a draft suggesting banning private crypto assets. Instead, the authorities put forward forming a system for a central bank digital currency (CBDC). The Parlament will consider the...

Cardano $1

Cardano (ADA) Went up to $1 for the First Time Since 2018

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Decentralized public blockchain Cardano's native token ADA has surpassed $1 for the second time ever. The first time dates back to January 2018, when the price reached $1.40. This year there has been a bullish trend for the cryptocurrency. Since February it was up by 200%. At the moment, ADA...

BTC $56.000 Ether $2000

Bitcoin Surpassed $56.000 and Ether $2000

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Today Bitcoin and Ethereum reached new all-time highs: $56.000 and $2000 correspondingly. The CEO of Tesla Elon Musk set Bitcoin to his Twitter profile avatar. Afterwards, Bitcoin reached a new all-time high of $56.000 with a market cap exceeding $1 T. It's Musk's second profile change including...

Musk answer to Changpeng Zhao

Musk Says It's Not Wise to Ignore Investment Alternatives

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Business magnate Elon Musk says "only a fool" would ignore alternative options for investment. Recently the CEO of Binance, Changpeng Zhao expressed his surprise about Elon Musk's approach to DOGE and BTC in an interview. Particularly, Zhao said he didn't understand why Tesla bought...

Venus Protocol adds Cardano

Binance Smart Chain Will Provide Cardano Liquidity Mining

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Venus Protocol, running on Binance Smart Chain will allow Cardano’s native coin ADA owners to perform liquidity mining through its network. Venus is a decentralized money market with a $2 million total value locked. As reported in a roadmap published on February 14, the market would add ADA and...

Master card crypto support

Master Card to Support Some Crypto Assets on the Network

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On Wednesday, multinational financial services corporation Master Card announced that people will be allowed to buy cryptocurrencies via its network. The service will be available later this year. The firm told about the news in a blog post. It mentioned that regardless of different approaches...

Crypto market cap over  $1.413 trillion

Crypto Market Cap Got Ahead of Google Stock With $1.4T

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Crypto market cap has made a great advancement recently. The first time ever it has surpassed Alphabet’s GOOG and GOOGL in terms of market capitalization. Today the indicator hit $1.413 trillion. At the moment, the market cap of GOOGL and GOOG stands at $1.39 trillion, while the one of crypto...

Ethereum above $1800

Ethereum Went up to $1800 Due to Institutional Investments

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The price of the Ethereum blockchain's native token hit a new all-time of $1800 today. Currently, Eth trades at around $1770. Earlier BTC soared to $48.000. These two coins own 75% of the entire crypto market which is over $1.3 trillion 80% of the last week's crypto inflows belonged to Etherum. The...

Doge market cap surge

Doge Is in the Top 10 Crypto Coins by Market Cap Again

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The attraction to the crypto industry continues to remain high, with the market setting new records. At the moment, the total market cap of cryptocurrencies stands at $1.21 trillion. This growth is connected mainly to the BTC price, which reached $41000 on Friday. The leading cryptocurrency now...

CBN crypto

Nigeria's Central Bank Ordered to Shut Crypto Accounts

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Nigerian financial authority, the country's Central Bank published a letter on February 5, in which commended regulated financial establishments to shutter accounts engaged in cryptocurrency-involved activities. In the paper, CBN informed that financial institutions will identify individuals and...

Stablecoin on-chain volume January

On-chain Volume of Stablecoins Surged $300 B in January

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January was a successful month for stablecoins. Data shows that their on-chain volume went up to $308.7 billion compared to December when it was $178 billion. The largest share, about $199 billion belongs to Tether (USDT). It is a stablecoin pegged 1:1 to the U.S. dollar and operates across...