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In a significant leap towards embracing the digital financial frontier, one of Canada’s leading trading apps has announced its full-scale integration of cryptocurrency trading. This strategic move not only reflects the growing prominence of digital assets but also signals a major shift in the financial landscape of the Great White North. Let’s delve into the … Read more
Cardano (ADA) fell on July 21 as the market prefers growing selling pressure around its most stable resistance levels in 2022 over a huge anticipated hard fork. Despite the long-awaited Cardano hard fork potentially going live at the end of July, ADA has run out of buyers. The price of ADA decreased 5% intraday to … Read more
When developers launched Litecoin in October 2011, the aim was to serve as a complement to Bitcoin. Being a new cryptocurrency, Litecoin developers could identify Bitcoin’s flop and create a solution to it, including solving its slow transaction rate. As a result, migrating from BTC to LTC is almost in the same circle; however, having … Read more
Binance Labs closed a $500 million fundraising round to secure capital that will be invested into Web3, blockchain, and value-building technology. The investment will be directed towards projects that work on developing more use cases for crypto by the team at Binance Labs. This fundraising round was supported by some of the leading global investors … Read more
Huobi’s affiliate Brtuomi Worldwide is one of the first exchanges in the British Overseas Territory to offer compliant crypto derivatives and trading services. In addition, Huobi, a major cryptocurrency exchange, is expanding its worldwide presence by entering the British Virgin Islands, a British Overseas Territory. Huobi stated on Friday that it had obtained an investing company … Read more
The world of cryptocurrency is dynamic, continually evolving, and often challenging to predict. As we stand at the intersection of technological innovation and financial transformation, the future of cryptocurrency holds immense potential and a multitude of possibilities. In this article, we will explore the key trends and factors that shape the landscape of cryptocurrency and … Read more
One potential reason behind Bitcoin’s surge could be attributed to growing institutional interest and acceptance. Over the past few years, established financial institutions and large corporations have shown an increasing inclination toward embracing Bitcoin as a legitimate asset class. This institutional adoption has brought a level of credibility and acceptance to the cryptocurrency market. Major … Read more
The cryptocurrency top ten are in the green! Well, eight of them are at least. According to CoinMarketCap, the total cryptocurrency market cap today is $182,807,737,820. As usual, when Bitcoin price is in the green, the rest of the market tends to be too. At the time of writing, Bitcoin is showing gains of a respectable 1.13%—a continued increase from … Read more
Over the past year or so, XRP is probably one of the few major cryptocurrencies that have not enjoyed any meaningful gains, and much of the blame has been laid at the door of the fintech firm Ripple. The San Francisco-based company owns the highest number of XRP tokens. Uncertainty in the Crypto Market Currently, … Read more
Recent predictions from Arcane Research suggest that Bitcoin could become a significant consumer of energy by 2040, especially if its price reaches several million dollars. The cryptocurrency research and analytics organization, in a paper released on Monday by Jaran Mellerud, an analyst at Arcane Research, outlines the potential trajectory of Bitcoin’s energy consumption. According to … Read more