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Cryptocurrency News

Location American Cryptocurrency News for 24 April 2021
Bitcoin's Market Dominance Slides to 50%, While Ethereum's Valuation Climbs Higher Bitcoin dominance, the metric that measures bitcoin’s overall market capitalization against all the other crypto asset valuations has dropped considerably in recent weeks. At the end of February, bitcoin dominance leve...
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Banks Should 'Say Thank You, Crypto' after Bumper Boost in Customers South Korean commercial banks should say "thank you, crypto," local media outlets have claimed, with cryptoasset investors flocking to their platforms to set up fiat on/off ramps in order to trade their tokens. Per a rep...
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Tax Authority Seizes Cryptocurrencies Worth $25 Million From Hundreds of Crypto Investors in South Korea The tax department of the Seoul metropolitan government in South Korea has reportedly seized cryptocurrencies worth about $25 million from hundreds of crypto investors with delinquent taxes. The cryptocurrencies, includi...
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OCC Grants Crypto Firm Paxos 'Conditional Approval' for US Bank Charter The digital currency and stablecoin issuer Paxos has been granted conditional approval for a bank charter under the Paxos National Trust in New York. The U.S. Office of the Comptroller of the Currency issued a preliminar...
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From Startup to Success Story -- Morpheus.Network Is Transforming Global Trade With Blockchain PRESS RELEASE. Blockchain-powered supply chain management platform, Morpheus.Network, has launched an updated platform, forged an Agribusiness agreement with the Argentinian government, and was a winner in the 2021 “Fu...
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DEX volumes continue to surge even as Bitcoin and altcoins correct Decentralized exchange volumes are on the rise as the pullback in the price of Bitcoin motivates some traders to book profits and rotate into altcoins.
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China's Carbon Neutral Stance Puts Pressure on BTC Miners, Sichuan Electricity to Increase 150% Bitcoin’s global hashrate dropped ten days ago following a coal mine accident that caused significant grid blackouts in Xinjiang, China. While initial estimates had shown more than 40% of the hashrate dropped, statisti...
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New altcoin era? Dogecoin liquidations briefly surpass Bitcoin Dogecoin liquidations briefly surpassed Bitcoin, indicating high demand for DOGE and the altcoin market.
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US State Passes Resolution Commending Satoshi Nakamoto and Bitcoin The U.S. state of Louisiana has passed a resolution to commend bitcoin for its success as well as commend the cryptocurrency’s pseudonymous creator, Satoshi Nakamoto, “for his contribution to economic security.” St...
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The Best Place to Buy Gift Cards with Cryptocurrency in 2021 Disclaimer: The text below is a press release that was not written by Cryptonews.com. Using cryptocurrency to buy products online is becoming the new norm nowadays. The interesting thing about crypto is that there are a ...
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Ethereum Won't Hide From Quantum Computers Behind PoS Shield Source: Adobe/Bartek Wróblewski Quantum computing has long been regarded as Bitcoin (BTC)'s 'bogeyman.' The popular fear is that, as secure as Bitcoin and other proof-of-work cryptoassets are in terms of standard crypto...
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Going Up, Going Down, Getting Liquidated and 20 Crypto Jokes This was one roller coaster of a week! So the usual. One of the things that marked it was DOGE with its massive rally. Unsurprisingly, DOGE crashed, but copydoges were dominating DEX trading. But before Monday morning ma...
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Two Major Hotels in Touristic Spanish City to Accept Crypto Payments in the Wake of Covid-19 Crisis Sevilla is becoming a crypto-friendly city in Spain at a fast pace, with two prominent local hotels announcing they will start accepting crypto payments. Hotel Bécquer and Hotel Kivir have joined the crypto adoption ban...
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Former Employees From Major South Korean Firms Quit Their Jobs After Pocketing Millions in Crypto Profits South Korea’s crypto-sphere has been witnessing a volatile environment in terms of regulatory moves, as bitcoin prices and other altcoins are also having wild moves. Such a scenario hasn’t stopped the country’s mid...
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Bitcoin funding rate flips negative after $48K retest -- Was it a bear trap? Bitcoin price is more than 20% away from its all-time high, but the current negative funding rate on BTC futures might give bulls a unique advantage.
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