Cryptocurrency News

Borroe Finance gains momentum as THORChain and Stacks dip; anticipating a 300% rise soon?

Borroe Finance gains momentum as THORChain and Stacks dip; anticipating a 300% rise soon?

[ad_1] Data shows that Borroe Finance ($ROE) swung higher on the charts while THORChain (RUNE) and Stacks (STX) each cratered amid positive developments in the crypto industry. This trend has instigated a shift from these altcoins to Borroe Finance, coupled with the fact that the DeFi coin price is on the brink of completing a 300% […]

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TrueUSD Depegging Linked to Binance Launchpool Activities

TrueUSD Depegging Linked to Binance Launchpool Activities

[ad_1] On January 18, 2024, TrueUSD (TUSD) blames Binance Launchpool mining activities for the depegging on X. It says, Regular attestations are ongoing as part of our standard operations, and any claims suggesting otherwise are incorrect. We have observed recent community mining activities associated with Binance Launchpool, which have led to short-term arbitrage opportunities. The recent depegging of TrueUSD

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SEI, SUI, RUNE slump as Bitcoin drops amid Grayscale dump

SEI, SUI, RUNE slump as Bitcoin drops amid Grayscale dump

[ad_1] Sei (SEI) Sui (SUI) and THORChain (RUNE) were among biggest decliners on Thursday as Bitcoin and Ethereum struggled. Declines for BTC came amid ongoing sell-off from Grayscale, which had deposited over $1.7 billion in BTC to Coinbase Prime since January 12. The crypto market flipped red on Thursday afternoon as Bitcoin price fell below

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VanEck to Close Futures-Based Bitcoin ETF Following Spot Product Approval

VanEck to Close Futures-Based Bitcoin ETF Following Spot Product Approval

[ad_1] The asset management firm VanEck will close and liquidate its Bitcoin strategy exchange-traded fund, which tracks the performance of Bitcoin futures, following the approval and listing of much-anticipated spot Bitcoin ETFs. Announced yesterday (Wednesday), the Bitcoin futures-based ETF will continue to list on the Cboe BZX Exchange until 30 January 2024, and investors can

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Crypto Exchanges Trading Volume Hit .3T in 2023, New Data Shows

Crypto Exchanges Trading Volume Hit $10.3T in 2023, New Data Shows

[ad_1] CoinGecko’s 2023 Annual Crypto Industry Report has been released. It covers crypto exchanges and their current state, Bitcoin’s +155.2% and Ethereum’s +90.5% growth, analyzing NFT trading volume throughout the year, and more. Among the report’s highlights is the comprehensive review of the crypto trading volume in 2023 through the performance of centralized crypto exchanges

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Gemini secures crypto registration in France

Gemini secures crypto registration in France

[ad_1] Crypto exchange Gemini is now registered as a cryptocurrency services provider in France. The exchange will offer its services and products to customers in France in coming weeks. Coinbase also recently received a VASP license from the French regulator. On January 17, the US-based crypto exchange co-founded by the Winklevoss twins Cameron and Tyler,

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IRS Delays Crypto Reporting Requirements for US Businesses

IRS Delays Crypto Reporting Requirements for US Businesses

[ad_1] The United States Internal Revenue Service (IRS) has recently announced a significant change concerning the reporting of cryptocurrency transactions by US businesses. Initially, as part of the Infrastructure Investment and Jobs Act passed in November 2021, businesses were required to report any cryptocurrency transaction over $10,000 to the IRS, much like cash transactions. However,

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The Market’s Compass Developed Markets Country ETF Study

The Market’s Compass Developed Markets Country ETF Study

[ad_1] Welcome to this week’s publication of the Market’s Compass Developed Markets Country (DMC) ETF Study #472. As always it highlights the technical changes of the 22 DM Country ETFs that I track on a weekly basis and publish every third week, There are three ETF Studies that include the Market’s Compass US Index and

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AI and Blockchain Convergence to Reshape Crypto and Web3 in 2024

AI and Blockchain Convergence to Reshape Crypto and Web3 in 2024

[ad_1] The year 2023 has been a remarkable one for the crypto and Web3 space, with many innovations, challenges, and opportunities emerging. The adoption of decentralized technologies has grown exponentially, reaching new heights of user engagement, value creation, and social impact. As we enter 2024, what are some of the trends that will shape the

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