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Cryptocurrency News
Bitcoinist
2h
277
Image Credit: Bitcoinist
Fear Back For 1st Time Since October As Crypto Greed Takes The Backseat
- Bitcoin's price correction has led to a shift in investor sentiment, with fear dominating the market.
- The Crypto Fear and Greed Index, which measures market sentiment, dropped to a value of 43, entering the fear zone.
- This fear can trigger panic selling, creating a negative feedback loop that exacerbates price corrections.
- Record outflows from spot Bitcoin ETFs further contribute to the current market woes.
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Financemagnates
2h
29
Image Credit: Financemagnates
ASIC Scores Legal Victory: BPS Financial Found Guilty in Qoin Wallet Case
- BPS Financial has been found guilty of engaging in unlicensed conduct concerning the 'Qoin Wallet', a non-cash payment facility.
- The court determined that BPS violated the Corporations Act by lacking an Australian Financial Services Licence.
- BPS was found guilty of misleading or deceptive conduct and propagating false representations about the Qoin Wallet.
- The court has mandated the parties to discuss further proceedings, including penalties, in the case.
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Newsbtc
2h
273
Image Credit: Newsbtc
Is MATIC Poised For Takeoff? Key Area Breaks Records, Fueling Bullish Outlook
- Polygon (MATIC) has experienced a surge in daily active addresses, exceeding 1.4 million.
- However, this increase in activity is accompanied by a decline in transaction fees, raising concerns about network sustainability.
- Despite the concerns, MATIC price has risen by over 8% in the past 24 hours, driven by increased buying pressure.
- Technical indicators suggest a potential upward trend, but the cryptocurrency market remains unpredictable.
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Cryptopotato
2h
65
Image Credit: Cryptopotato
Important Ripple v. SEC Lawsuit Update: Here’s How the Trial’s Going
- Ripple is contesting the SEC's classification of the 'Fox Declaration' as standard evidence, arguing it's expert testimony.
- A $100 million settlement is predicted in the case, which could affect XRP's value and the broader crypto market.
- The disagreement between Ripple and the SEC revolves around the classification of a key witness' testimony.
- The outcome of the case could result in a price rally for Ripple's native token or negatively impact the crypto market.
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Cryptopotato
2h
161
Image Credit: Cryptopotato
Meme Coin Revival: PEPE, WIF, POPCAT, and More Soar by Double Digits
- The meme coin sector witnessed a revival with numerous assets experiencing significant gains.
- Pepe (PEPE), WIF, BONK, and POPCAT all spiked by double digits on a daily scale.
- Popcat (POPCAT) surged 25% and reached an all-time high of over $0.60.
- Dogecoin (DOGE) and Shiba Inu (SHIB) also showed modest gains.
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Medium
2h
9
Image Credit: Medium
Interoperability Advantages: Zenith & Catena
- Interoperability allows different blockchain networks to communicate and interact with each other seamlessly.
- Developers can reach a broader audience by deploying decentralized applications (dApps) that leverage both Zenith and Catena chains.
- Interoperability leads to more efficient use of computing power and storage, and enables innovation by combining unique features of both chains.
- Interoperability enhances security, stability, and economic benefits, while fostering collaboration and enhancing user experience.
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Cryptopotato
2h
46
Image Credit: Cryptopotato
Bitcoin (BTC) Price Eyes $60K, Toncoin (TON) Soars 12% Daily (Market Watch)
- Bitcoin's price attempted to recover and approached $60,000 but failed to surpass it.
- Altcoins like ETH and SOL also saw slight gains.
- Bitcoin experienced a series of declines, dropping to a multi-month low of $56,500.
- Toncoin (TON) surged by nearly 12% in the past 24 hours.
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Medium
2h
119
Image Credit: Medium
Increasing Visibility: Prom Network in IQ Wiki
- Prom Network and IQ Wiki share a vision of security, transparency, and community governance within the blockchain industry.
- IQ Wiki serves as a comprehensive knowledge hub for the crypto space, providing insights and information about Prom Network.
- Inclusion in IQ Wiki enhances the visibility and credibility of projects like Prom Network.
- IQ Wiki offers AI-driven tools like IQ GPT, IQ Social, and IQ Code for deeper engagement and understanding within the industry.
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7 Likes
Medium
2h
251
Image Credit: Medium
The Future of Non-Custodial Trading: Redefining Security and Control with TradeSta
- Enhanced Security: Non-custodial platforms prioritize security by allowing users to maintain control over their private keys.
- User Control: Non-custodial trading platforms empower users to execute trades and manage assets independently, fostering a transparent and self-directed trading experience.
- Global Accessibility: Non-custodial trading platforms are accessible to users worldwide, enabling seamless participation in DeFi ecosystems without geographic restrictions or reliance on intermediaries.
- Interoperability: Non-custodial platforms facilitate interoperability within the broader DeFi ecosystem, interacting with a diverse array of decentralized applications and smart contracts.
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15 Likes
Medium
2h
288
Image Credit: Medium
My journey through cryptocurrencies:
- The author shares their journey through cryptocurrencies and their experiences.
- They recount their initial excitement and subsequent loss from investing in a company called Infinity and 'shitcoins' like WWD.
- They reflect on their naïveté and the importance of securing their investments.
- Despite the setbacks, they found success with Onino, a German-founded cryptocurrency, and Bitcoin.
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17 Likes
Tokenhell
2h
9
Changpeng Zhao To Spend 4 Months in United States Prison
- Founder and ex-CEO of Binance, Changpeng Zhao, will spend four months in a United States prison after admitting guilt to violating the Bank Secrecy Act.
- Accusations against Zhao were a result of a probe into whether Binance complied with US financial laws.
- Zhao pleaded guilty to charges of failing to disclose questionable financial activity, anti-money laundering procedures, and thorough client verification.
- The impact of Zhao's absence on Binance and the cryptocurrency sector is uncertain, prompting other exchanges to review compliance protocols.
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Coinpedia
2h
49
Image Credit: Coinpedia
Unveiling BEFE Coin: The MEME Coin Set to Make You Rich
- BEFE Coin has quickly gained popularity in the meme-coin space.
- It stands out for its unique approach, vivid design, and lack of presale.
- BEFE is a multi-utility blockchain ecosystem with compatibility across different chains.
- Investing in BEFE requires caution and thorough research due to the volatility of meme coins.
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2 Likes
Medium
3h
156
Turning $20K of Ethereum into $1M using Flash-Bots — 75% after 75 days
- MEV (Miner Extractable Value) trading bots exploit inefficiencies and profit potentials within blockchain networks, particularly in decentralized finance (DEFI) environments.
- To create your own MEV Trading Bot contract, you may need to send 0.1 ETH (or more) and be aware of varying fees and gas prices.
- In rare cases, the arbitrage may fail due to depletion of ETH in the smart contract, but retrying with different parameters can yield a smaller profit.
- It is advised to transfer your ETH to another wallet when finished.
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Coinpedia
3h
116
Image Credit: Coinpedia
Bitgert Coin: The Hottest New Crypto Taking the Market by Storm
- Bitgert coin is emerging as the hottest new crypto asset in the market, competing with larger coins.
- It offers a support system that makes trades cheaper, easier, and faster.
- Bitgert allows web3 developers to create innovative solutions on the blockchain with its Startup Studio.
- The coin has been experiencing significant growth, increasing investors' ROI.
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6 Likes
Altcoinbuzz
3h
206
GameShift: Solana and Google Cloud Innovate Gaming
- Solana Labs has partnered with Google Cloud to introduce GameShift, a platform that seamlessly integrates digital assets and user-generated content into traditional games.
- GameShift enables game developers to incorporate AI-generated and user-created content as tradable in-game assets, allowing for true digital ownership and new revenue streams.
- With GameShift, developers can build rich in-game experiences with real asset value, including seamless payments, branded marketplaces, and interoperability of game assets.
- GameShift simplifies the integration process, allowing developers to subscribe and deploy its functionalities easily without the need for extensive blockchain coding.
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