Crypto

The NFT trading space witnessed a significant resurgence in the first quarter of 2024, with volumes across the top 10 marketplaces reaching a staggering $4.7 billion. The leading NFT marketplace during this period was Blur, recording $1.5 billion in volume and capturing a 27.6% market share, marking a significant increase from the previous quarter. Magic
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Ethereum has recently experienced a significant downturn, prompting concerns among investors. However, a closer look at the daily chart reveals an interesting trend. The price has found support within a crucial zone, consisting of the 100-day moving average at $3050 and the price range between the 0.5 ($3190) and 0.618 ($2972) Fibonacci levels. This zone
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Binance, the world’s largest cryptocurrency exchange, faced a ban from the Indian government due to its lax adherence to regulatory frameworks, including the Prevention of Money Laundering Act (PMLA) and the taxation framework for virtual digital assets (VDA). However, after agreeing to pay a hefty penalty of approximately $2 million, Binance is now set to
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Recent developments in the cryptocurrency world have seen a significant drop in stock prices for Bitcoin miners, with the upcoming halving event adding to the uncertainty. As the fourth Bitcoin halving approaches on April 20, mining rewards will be halved to 3.125 BTC, equivalent to around $200,000. Key players in the industry such as Marathon
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Hong Kong regulators have recently approved spot Bitcoin and Ethereum exchange-traded fund applications, signaling a significant milestone for the city’s push to become a central hub for digital assets. The Securities and Futures Commission (SFC) granted in-principle approval for these ETF products from several companies, including China Asset Management and Harvest Global Investments. While this
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Recently, a high-ranking Binance executive, Nadeem Anjarwalla, found himself at the center of a legal storm involving allegations of currency manipulation and illicit fund transactions in Nigeria. Anjarwalla managed to escape custody in Nigeria and was later located in Kenya, where efforts are being made to extradite him back to Nigeria with the help of
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