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Crypto News

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2023-06-07 16:05:39
Explore the comparative analysis between Bitcoin and Pi Network, two prominent networks shaping the future of decentralized finance. Uncover their differences in mining, scalability, market acceptance, and community dynamics. TL;DR: Bitcoin and Pi Network are compared in terms of their foundational principles, mining methods, scalability, market acceptance, and community dynamics. Bitcoin operates as a decentralized...
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2023-06-07 08:50:55
Some industry experts say the SEC’s recent actions against U.S.-based Coinbase and Cayman Islands-based Binance could be a net positive for companies operating in the U.S, given the regulatory clarity they could help bring in the long run. In the short to medium term, however, these actions could force these firms to focus their efforts elsewhere. “Regulatory pressure...
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2023-06-06 17:18:16
The unprecedented withdrawals only reflect a small amount of Binance’s reserves, according to data from CryptoQuant. Crypto markets showed no sign of letting up on Tuesday after the U.S. Securities and Exchange Commission (SEC) sued crypto exchange Binance and its founder Changpeng “CZ” Zhao on allegations of violating federal securities laws. Data from shows that outflows...
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2023-06-06 09:18:47
Following the integration of USD Coin (USDC), Gibraltar’s Xapo Bank becomes the first-ever fintech in the world to employ U.S. Dollar Tether (USDT) infrastructure for moving U.S. dollars between its accounts. The integration is compatible with MiCA requirements, the team highlights. Xapo Bank pioneered using Tether (USDT) for USD accounts According to the official announcement shared...
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2023-06-05 14:50:54
The meme coin hype was re-ignited in the second quarter of 2023. The launch of Pepe Coin in mid-April single-handedly managed to kickstart the market’s meme-coin season. The original PEPE Coin is an ERC-20 token that’s based on Ethereum. On the heels of the rising hype, other blockchains have gradually stepped up. On Bitcoin, BRC-20...
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2023-06-05 09:24:06
Uncovering the rise of memecoins, their reliance on social media platforms like Reddit and TikTok, and the cautionary factors investors need to consider. TL;DR: Memecoins, cryptocurrencies based on memes, have gained massive attention and generated price surges. Social media platforms like Reddit and TikTok are crucial in promoting memecoins and creating frenzies. FOMO drives retail...