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Binance Integrates Lightning Network Deposits and Withdrawals

July 18, 2023 0

Binance, the largest cryptocurrency exchange by volume traded, has announced it has completed the integration of the Lightning Network, a BTC scaling layer, on its platform. Now users can execute bitcoin deposits and withdrawals using the network, taking advantage of lower fees. Binance

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Scarce Open Market Supply of Top Two Gold Tokens as Concentration Levels Run High Among Top Holders

July 18, 2023 0

Over the last six months, the value of an ounce of gold has witnessed a 3.8% surge in relation to the U.S. dollar. Within the realm of cryptocurrencies, there exist two noteworthy tokens backed by gold: pax gold (PAXG) and tether gold (XAUT). Together, these tokens amass a considerable worth of nearly $1 billion. Although […]

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Crypto Turmoil: Market Slump, Heavy Liquidations, and Unexpected Gainers

July 18, 2023 0

In a volatile twist, the cryptocurrency market experienced a 0.82% decrease in value within the last day, descending to $1.2 trillion. This transpired as bitcoin (BTC) faced unstable conditions, dropping below the crucial $30K mark on Tuesday. Crypto Market in Flux Throughout this chaotic 24-hour period, leveraged digital asset traders observed a colossal liquidation of

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Binance Blockchain Week Brings the Best of Web3 to Istanbul

July 18, 2023 0

ISTANBUL – July 18th, 2023 – Binance is excited to announce that its flagship Binance Blockchain Week conference is coming to Istanbul, Turkey on November 8 and 9, 2023. Binance Blockchain Week brings innovative leaders and conversations together to further the development and adoption of blockchain and Web3. The event will focus on the future […]

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Stock-to-Flow Analyst Plan B Predicts Bitcoin’s Price to Reach $40K-$50K at Halving

July 18, 2023 0

In about nine months, expected near April 24, 2024, Bitcoin is set to experience its fourth block reward halving. Many supporters and market observers anticipate a price increase prior to the event. According to an anonymous market analyst known as Plan B, bitcoin’s price could ascend to between $40,000 and $50,000 in the run-up to […]

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Polygon Labs Unveils ‘Hyperproductive’ Token POL, Poised to Replace MATIC and Boost Ecosystem Rewards

July 18, 2023 0

Polygon Labs, the team behind the Polygon blockchain network, has introduced a third-generation token that could replace the native cryptocurrency, MATIC, with a “hyperproductive” digital currency named POL. If the POL concept gains approval, validators can earn rewards from staking and also accumulate rewards from multiple Polygon chains. Polygon Labs Introduces Next-Gen

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Study: Six Countries Account for Over 90% of Africa’s Crypto Interest in H1 2023

July 18, 2023 0

Between Jan. 1 and July 4, the Nigerian share of Africa’s overall interest in cryptocurrency stood at 66.8%, a figure nearly eight times that of second-ranked South Africa’s share, according to the latest Coingecko report. South Africa, along with Morocco, Ghana, Egypt, and the Ivory Coast, accounted for 23.8% of the continent’s interest in cryptocurrency […]

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Web3 Revolution: ‘Low Latency Is King’ Says Fleek Network Lead Researcher

July 18, 2023 0

According to Parsa Ghadimi, the lead researcher at the Web3 infrastructure platform Fleek Network, many developers of decentralized apps (dapps) continue to shun Web3 infrastructure because it has low latency. Ghadimi asserts that developers and users are more concerned with performance than the novelty of Web3 applications. Web3 Regulation a ‘Certainty’ While this may

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Latam Insights — Argentina’s Reserves Bleed, Central Bank of Brazil Would Be Able to Manipulate Digital Real in CBDC Pilot

July 18, 2023 0

Welcome to Latam Insights, a compendium of Latin America’s most relevant crypto and economic news during the last week. In this issue, the Argentine central bank sheds yuan for dollars as its reserves bleed, the Central Bank of Brazil would be able to manipulate balances and block digital real accounts, and the first bitcoin futures […]

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Venezuelan Crypto Ecosystem Still in Shambles 4 Months After Sunacrip Intervention

July 18, 2023 0

The Venezuelan cryptocurrency ecosystem remains on shaky ground four months after the intervention of national crypto watchdog Sunacrip, and the arrest of its head, Joselit Ramirez, due to alleged participation in a $20 billion corruption scandal involving the undeclared sale of crude oil for crypto. There have been no official updates from Sunacrip’s restructuring board,