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Cryptocurrency News

Location American Cryptocurrency News for 1 May 2022
JPMorgan CEO Jamie Dimon Skeptical of Crypto but Says 'Not All of It Is Bad' Jamie Dimon, the CEO of JPMorgan Chase, says that he does not particularly like crypto but will defend your right to invest in it. However, he sees benefits in some aspects of digital currency. JPMorgan’s Jamie Dimon o...
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ApeCoin slides 40% in three days despite Otherside metaverse land sale -- here's why APE price could see more downside in the coming days as the Otherside hype cools down.
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Swiss National Bank: 'Buying Bitcoin Is Not a Problem for Us' Switzerland’s central bank, the Swiss National Bank, says buying and holding bitcoin as a reserve currency is not a problem for the bank. “We can arrange the technical and operative conditions relatively quickly, whe...
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Top 5 cryptocurrencies to watch this week: BTC, LUNA, NEAR, VET, GMT A few days of consolidation from BTC price could lead to a healthy bounce from LUNA, NEAR, VET and STEPN.
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After Solana's Co-Founder Said BTC Should Change Its Consensus Algo, Solana Mainnet Loses Consensus for 7 Hours While Ethereum users participating in the Otherside metaverse land sale caused network fees to rise and created issues for the blockchain explorer Etherscan, it overshadowed Solana’s blockchain network outage. It seems...
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Value Locked in Defi Drops Below $200 Billion, April's Dex Trade Volume Drops 21% Lower Than March While the crypto economy shed billions this week, the total value locked (TVL) in decentralized finance protocols slipped under the $200 billion range to $196.6 billion. The TVL in defi lost roughly 3.16% during the last...
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The Largest NFT Mint in History -- Bored Ape's Otherside Virtual Land Sale Raises $320 Million On Saturday, the creators of Bored Ape Yacht Club (BAYC), Yuga Labs, revealed the Otherside metaverse virtual land sale which turned out to be one of the largest non-fungible token (NFT) mints to date. The Otherside meta...
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Eurosystem Seeks Providers of Prototype Payment Solutions for Digital Euro Eurozone’s monetary authority, the Eurosystem, is looking to enlist financial companies willing to develop front-end solutions for the digital euro. The plan is to carry out a “prototyping exercise” this year to te...
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Lightning Network Adoption at Exchanges is Growing: This is Why It's Good for Bitcoin From the outside, it might look like the Lightning Network (LN) is a classic example of vaporware. It has long been touted as the layer-two solution that will make Bitcoin (BTC) more viable as an everyday medium of excha...
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How to Play Metaverse Games: A Beginner's Guide to Decentraland Virtual gaming is arguably one of the most exciting blockchain use cases. The ability to allocate verifiable and traceable ownership to in-game items for players expands the gaming universe, merging it with real-world ec...
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Solana Co-Founder Believes Bitcoin Needs to Change to Proof-of-Stake Consensus to Remain Relevant Anatoly Yakovenko, one of the co-founders of Solana, the proof-of-stake based, smart contracts enabled blockchain, issued a series of statements criticizing bitcoin’s consensus algorithm. In an interview on CNBC, Yakov...
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Warning: Smartphone text prediction guesses crypto hodler's seed phrase Redditor Andre highlighted the ease with which hackers can use the text prediction feature to drain a user's funds just by being able to first word out of the BIP 39 list.
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India Exploring Commercial Uses for Central Bank Digital Currency, Says Finance Minister The Indian government is exploring “several commercial use purposes and not just financial inclusion” for its central bank digital currency. India’s finance minister clarified that the aim is for the digital rupee,...
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With an 'Aggressive' Fed Rate Hike Expected Next Week, Stocks and Crypto Markets Lose Billions Investors will be focused on the U.S. central bank this Wednesday as Federal Reserve policymakers are expected to raise the benchmark interest rate aggressively. The top U.S. stock indexes saw significant losses at the e...
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Idaho Warns of Crypto Scams Promising 80% Returns Every 24 Hours The finance department of the U.S. state of Idaho has warned investors of a series of cryptocurrency scams promising returns as high as 80% every 24 hours with no risks to investors. Crypto Scams Promising High Returns T...
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