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Cryptocurrency News

Location American Cryptocurrency News for 3 May 2022

3 reasons why Bitcoin price is clinging to $38,000

Coin Telegraph - 3 May 2022 19:30
3 reasons why Bitcoin price is clinging to $38,000 BTC is in a lengthy downtrend but three key price metrics explain why traders are confident that the $38,000 level will hold.
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Cardano price drops to level that sparked a 65% ADA rally in March -- will history repeat? Strong ADA accumulation among whales is also in progress, according to on-chain data.
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Crypto Sports Sponsorship Moves into Fast Lane with OKX F1 Deal The crypto industry has stepped up another gear in its race to win the hearts, minds, and some money of sporting fans the world over. Following the news that Crypto.com will be one of the main sponsors of the World Cup i...
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Finder's Experts Predict Ethereum Price Reaching $5,783 This Year and $23,372 by 2030 A panel of crypto industry experts has predicted that the price of ether will reach $5,783 this year, before rising to $11,764 by 2025 and $23,372 by 2030. Most of the experts on the panel are bullish on ether, with 61% ...
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Spanish Cryptocurrency Exchange Bit2me Expands Operations to Brazil The Spanish cryptocurrency exchange Bit2me is taking interest in getting into the Latam market. The company has launched its operations in Brazil by introducing an office in the country that will deal with compliance iss...
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1B People Will Have Tried Crypto Within Decade - Coinbase CEO The number of people who have used or tried cryptoassets will reach 1bn within a decade, contributing even more to the global economy, according to Brian Armstrong, CEO of major crypto exchange Coinbase. "My guess is tha...
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Report: 100,000 Cubans Are Using Cryptocurrencies to Bypass Financial Sanctions On May 2, 2022, a report stemming from the broadcast television and radio network the National Broadcasting Company (NBC), 100,000 Cubans are leveraging crypto assets. The report says increased crypto usage is due to the...
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MicroStrategy may explore 'future yield generation opportunities' on 95,643 BTC holdings As of March 31, MicroStrategy held a total of 129,218 BTC, which the firm reported had a carrying value of roughly $2.9 billion.
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Markets are weak, but ALGO, FXS and HNT book a 20%+ rally -- Here's why Algorand, Frax Share and Helium staged brief double-digit rallies in an otherwise stagnant market, thanks to a major partnership and new project developments.
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How to Navigate Metaverse Without 'Cash Grab'?

Crypto News - 3 May 2022 21:00
How to Navigate Metaverse Without 'Cash Grab'? Gunnar Jaerv is the COO of First Digital Trust, an Asia-based technology-driven financial institution._____ When Meta revealed its metaverse, Horizon Worlds, and the features it would unleash for creators within the digi...
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Record-high surge in Ethereum Name Service domains triggers 90% rally in ENS ENS price gained 90%+ after the protocol surpassed 1 million registered domain names in April.
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Banco Galicia Becomes First Bank to Introduce Crypto Trading in Argentina Banco Galicia, one of the largest financial institutions in Argentina, has introduced cryptocurrency trading as part of the services it is currently offering to customers. Users interested in investing in cryptocurrency ...
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Belgium Introduces Registration for Crypto Exchange and Wallet Service Providers Authorities in Belgium have obliged providers of some crypto exchange and wallet services to register with the country’s financial watchdog. Targeted platforms that fail to comply with the new regulations will face fin...
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Biggest Movers: ALGO Boosted by FIFA Partnership News, as AVAX and Near Rise Higher ALGO was up by nearly 20% during today’s trading session, following the news of a partnership with football’s governing body, FIFA. NEAR and AVAX were also higher on Tuesday, with AVAX extending a recent bullish run....
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Is Bitcoin price optimism fading after the crypto market's rocky April? Approximately $3.8 million has been created or returned to the BTC network by whale addresses since the Russian-Ukrainian war began.
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SEC Nearly Doubles Its Crypto & Cyber Unit, The Other Side Of Goldman's Bitcoin-Backed Loan + More News Get your daily, bite-sized digest of cryptoasset and blockchain-related news - investigating the stories flying under the radar of today's crypto news._____ ...
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ALGO price in danger of 25% correction despite Algorand-FIFA partnership hype ALGO price struggles to clear technical resistance despite the ongoing Algorand-FIFA partnership hype.
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What are the most bullish cryptocurrencies to buy right now? | Find out now on The Market Report On this week's episode of "The Market Report," Cointelegraph's resident experts discuss the most bullish cryptocurrencies at the moment.
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Kraken Enters NFT Game with Waitlist for New Multi-Chain Marketplace The US-based crypto exchange Kraken is planning to launch a non-fungible token (NFT) marketplace and is now inviting users to sign up on a waitlist for the new platform. The new marketplace, dubbed Kraken NFT, will work ...
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Crypto Bahamas: Regulations enter critical stage as gov't shows interest SALT's Crypto Bahamas brought together traditional financial players with crypto companies and industry experts to discuss the future of digital assets.
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SEC Nearly Doubles Crypto Enforcement Unit -- Regulator Says 'Crypto Markets Have Exploded in Recent Years' The U.S. Securities and Exchange Commission (SEC) has nearly doubled the size of its Enforcement Division’s crypto unit. SEC Chairman Gary Gensler said the regulator “will be better equipped to police wrongdoing in t...
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'Surprisingly Robust' Bitcoin Slips Lower as Market Awaits Next Fed Move The price of bitcoin (BTC) fluctuated on Tuesday, as market participants took a wait-and-see approach ahead of an expected interest rate announcement by the US Federal Reserve (Fed) on Wednesday. Meanwhile, analysts said...
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