Day: December 15, 2023

How To Trade Crypto

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How to trade crypto – a question that resonates with many in the rapidly evolving digital asset space. Whether you’re a novice eager to learn how to crypto trade or an experienced crypto trader looking to refine your strategies, this guide is your comprehensive resource. From understanding the best time to trade crypto to exploring the best cryptos to day trade, we’ll delve into every aspect you need to know. What Makes A Crypto Trader? A successful crypto trader is not just someone who knows how to trade crypto, but…

Sanctioned mining firm BitRiver sees crypto interest surge among Russian oil majors

Russian Bitcoin mining firm BitRiver says the country can become a leader in the global industrial crypto just within a few years. According to BitRiver CEO Igor Runets, Russia has enough resources to become a global leader in crypto mining using associated petroleum gas (APG) as other countries such as the U.S., Canada, Kazakhstan and others have also successfully piloted this method of mining, Russian media outlet RBC reports. Runets revealed that BitRiver’s operational data centers powered by APG currently account for at least 50% of the entire mining market…

Shiba Inu Faces Make Or A Point As Analyst Identifies Critical Trading Pattern

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Shiba Inu bulls continue to struggle to hold on to gains from the last week despite losing their hold at the $0.00001 level. This shows a commitment to pushing the price of the meme coin even higher at a time when large cap altcoins are not really getting much attention. Given this, the SHIB price has traded in a tight range for a while now, something that could either make or break the price. Shiba Inu Trading In A Descending Parallel Pattern Crypto analyst Ali Martinez has identified a pattern…

Solana’s BONK Token Rockets To New Heights, Surging 121% On Binance Listing News

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In an unexpected turn of events, the Solana-based memecoin Bonk (BONK) has experienced an extraordinary 1,000% monthly surge following its recent listings on major cryptocurrency exchanges.  The momentum began with Coinbase’s listing, followed closely by Binance’s surprise announcement, propelling BONK to new heights and generating enthusiasm within the crypto community. Astounding 1,000% Surge On Binance And Coinbase Listings The listing on Binance proved to be a game-changer for BONK, as its price skyrocketed above $0.00003, marking an astounding increase of over 1,000% in just one month. The frenzy surrounding the memecoin…

Kazakhstan central bank reviews digital tenge pilot successes, next steps

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The digital tenge, Kazakhstan’s central bank digital currency (CBDC), has been declared a success after a month-long pilot project. A host of business, regulatory and technical improvements are lined up for it in 2024. During its pilot run, the digital tenge was used to provide schoolchildren with free lunches in Almaty through the local Onay! card, which was originally designed for use in the transit system. The Kazpost postal system operator served as the intermediary for those transactions. Plastic cards were issued to members of focus groups by four local…

Polygon Labs Deprecates ‘Polygon Edge,’ Used to Build Dogechain, Which Uses Dogecoin for Gas

It was pitched as a way of adding support for Ethereum-style smart contracts, which in turn could facilitate new DeFi protocols as well as NFTs; the original Dogecoin blockchain lacked smart-contract support, since it was a fork of Litecoin, which in turn was an early clone of Bitcoin, the original blockchain launched in 2009 – several years before Ethereum came along, ushering in the new era of smart contracts. Source

US Government Slaps $1,200,000 Penalty on San Francisco Crypto Exchange for Violating Russia/Ukraine Sanctions

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A San Francisco-based crypto exchange has reached an agreement with the U.S. Treasury Department’s Office of Foreign Assets Control (OFAC) to settle its potential civil liability for violating US sanctions related to Russia and Ukraine. In a new enforcement release, the OFAC says that CoinList Markets (CLM) has agreed to pay over $1.2 million as a settlement for processing hundreds of transactions that violated the government’s embargo policies. The agency says the exchange complied with some of the sanction measures including denying access to users with IP addresses in prohibited…

Top 3 Meme Coins Under $50M Market Cap That Could Make You A millionaire Like BONK

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Solana-based BONK has emerged as one of the best performers over the past week even after meme coins put on a good show for investors. However, given that the meme coin has since crossed the $1 billion market cap threshold, some will argue that the potential to make a lot of profit has diminished already, leading to a hunt for other meme coins that could end up putting on a similar rally. So here are the top 3 meme coins under a $50 million market cap that could see a…

Worldcoin expands, Saudi Aramco considers digital assets, and more

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Traditional financial firms are increasingly connecting services, portfolios and operations with digital assets, taking advantage of the crypto winter to build and find a market fit for crypto-related solutions. Recent examples include Deutsche Bank’s asset management arm, DWS, which announced a new venture with Galaxy Digital and Flow Traders to jointly issue a euro-denominated stablecoin. In another development, oil company Saudi Aramco signed an agreement with financial services firm SBI Holdings about a possible collaboration on digital assets and co-investment in SBI’s digital asset portfolios. Meanwhile, in the United Kingdom,…

What does it mean for Bitcoin ETFs?

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The U.S. ETF market, valued at approximately $8 trillion, largely hinges on three key firms.  Essential to the ETF ecosystem, authorized participants (APs), a specialized type of broker-dealer, have not expanded in number despite the sector’s rapid growth. These APs play a crucial role in ensuring every North American ETF’s liquidity and efficient operation.  Bloomberg’s analysis of over 3,400 fund filings reveals that most U.S. ETF flows are managed by just three firms – Bank of America, Goldman Sachs, and JPMorgan. In fact, for many funds, over 90% of all…