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Examining the Concept of Flatcoins: Crypto Tools to Battle Inflation

September 12, 2023 0

With the issue of inflation rising as a real problem for global economies last year, there has been a renewed need for people to seek a way of preserving their purchasing power. Flatcoins, stable currencies that change their value according to the inflation in a determined jurisdiction, have

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Decentralized Exchange Sushi Ventures Beyond Ethereum by Expanding to Aptos 

September 12, 2023 0

The decentralized crypto exchange Sushi is expanding to the Aptos blockchain. The team noted that the move marks Sushi’s first expansion onto a non-EVM blockchain. From Ethereum to Aptos Sushi is a decentralized exchange (dex) and automated market maker (AMM) built on the Ethereum blockchain. It allows users to trade crypto assets and provide liquidity […]

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Coinbase Cloud and Kiln ‘Unlock’ Native Ethereum Staking: No More 32 ETH Minimum

September 12, 2023 0

Coinbase Cloud and blockchain infrastructure company Kiln are now allowing ethereum (ETH) users to stake any amount of ether natively. The new offering removes the previous 32 ETH minimum staking requirement. Staking for All: Coinbase Cloud and Kiln Break Down Minimum Barriers With the integration of Kiln’s onchain staking platform, Coinbase Cloud and its clients […]

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India to Finalize Crypto Stance in Coming Months, Economic Affairs Secretary Says

September 12, 2023 0

India’s economic affairs secretary says the Indian government will decide on the country’s crypto position “in the coming months.” He explained that the government will consider all the recommendations presented at the G20 summit regarding crypto regulation “very carefully and decide our own policies and thereafter take further action.” Officials Discuss Indian Crypto

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Coinbase CEO Discusses US Crypto Regulation — Sees More Institutional Investors Coming In

September 12, 2023 0

Coinbase CEO Brian Armstrong has explained that crypto regulation in the U.S. will happen in one of a few ways. He noted that Coinbase is seeing more institutional investors coming in and signing up as they seek “a flight to quality.” The executive added: “There’s a possibility we’ll just get a different SEC chair in […]

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Study: Weekly Digital Asset Investment Outflows Hit $59M; BTC Sees Largest Drop

September 11, 2023 0

In the first week of September, an outflow of $59 million worth of digital assets managed by Digital Asset Funds was recorded, the latest Coinshares data has shown. The latest outflow means the value of digital asset investment products under management has dropped by a total of $294 million or 0.9% in the past four […]

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FTX Estate Controls $1.1B in Solana and $560M in Bitcoin Amid Bankruptcy Revelations

September 11, 2023 0

The FTX estate, currently overseeing the bankruptcy and restructuring of the once-active crypto exchange, reveals holdings of $1.16 billion in solana (SOL) and $560 million in bitcoin (BTC). 16% of Solana’s Market Cap Is Held by FTX In a recent Monday court filing, a stakeholder update showcases the premier digital assets held by the estate. […]

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Bitcoin Dips Below $25K in a Tumultuous Crypto Market, While Traditional Equities Soar on Tesla’s Rise

September 11, 2023 0

Bitcoin’s (BTC) value dipped under the $25K mark on Monday, a level unseen in 88 days, pushing the global cryptocurrency market cap perilously close to falling below the $1 trillion benchmark. Presently, BTC is hovering just above the $25K mark at 2:00 p.m. Eastern Time on Monday afternoon. A Tale of Two Markets: Bitcoin Drops […]

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Dormant Bitcoin Awakenings: $958 Million in ‘Sleeping Coins’ Stir in 2023

September 11, 2023 0

In 2023, a notable wave of dormant ‘sleeping bitcoin’ transactions resurfaced, totaling a staggering 37,330 BTC valued at $958 million based on current BTC exchange rates. Throughout the year, analysis revealed that these inactive bitcoin wallets from 2010 and 2011 are becoming scarcer. However, they occasionally stir, reawakening after over a decade of inactivity. Echoes

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Biggest Movers: SHIB Plunges to Multi-Month Low on Monday

September 11, 2023 0

Shiba inu started the week by dropping to its lowest point since June, as a red wave swept through cryptocurrency markets. This has pushed the global market cap 1.20% lower at the time of writing. XRP fell by as much as 5%, as Ripple’s battle with the Securities and Exchange Commission (SEC) continued. Shiba Inu […]