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Stablecoins take a bite out of traditional finance with payments, forex activity
Stablecoins kept expanding their influence on the crypto market, with 70 active new assets. Liquidity still clustered into the leading tokens, with only 10 stablecoins reaching $10M in daily volumes.Cryptopolitan
Oct 22, 2024
Crypto Today: Bitcoin price unchanged, Ethereum and XRP correct as US presidential election draws close
Dogecoin broke out of its downward trend on September 13. Since then the largest meme coin in the crypto ecosystem climbed toward its October 21 peak of $0.14975, as seen in the DOGE/USDT chart below.
Avalanche launches a new Visa Card to facilitate payment services in crypto
Smart contracting platform Avalanche has unveiled a crypto-powered Visa Card for crypto users. The card will exist in both physical and virtual versions to allow cardholders to spend their crypto both online and offline when paying for goods and services.Cryptopolitan
Oct 22, 2024
Shiba Inu Price Could Resume Uptrend To $0.00002 As Whale Transactions Jump 240% To 3.42 Trillion SHIB
Shiba Inu whale transactions have skyrocketed by a whopping 240%, as large-scale investors have been seen moving trillions of SHIB tokens this week. Considering the significant incBitcoinist
Oct 22, 2024
South Africa to probe LinkedIn over user data violations
LinkedIn faces probe following accusations of violating user personal information through its new data policy, according to the South African Artificial Intelligence Association (SAAIA). In an effort to promote responsible use of AI in South Africa, the country founded the SAAIA which is a regulatory body that oversees anything to do with related technology. LinkedIn […]Cryptopolitan
Oct 22, 2024
JP Morgan CEO Jamie Dimon supports Kamala Harris, would like a role in her administration
Jamie Dimon, the CEO of JP Morgan says he wouldn’t mind a role in Kamala’s government like of a Treasury Secretary if she wins the US presidential elections. As reported by the New York Times, the CEO has hidden his stance for fear of penalty in case the opposition party wins. Dimon has been previously […]Cryptopolitan
Oct 22, 2024
Liminal addresses role in WazirX hack, challenges exchange’s claims
Liminal has addressed the ongoing controversy surrounding WazirX’s submission of 240,000 wallet addresses to the Singapore court. The 1,100-page submission has sparked debate within the cryptocurrency community. Now Liminal has released a statement to clarify their role and challenge what they describe as a disinformation campaign. Liminal says most of the 240,000 wallets are hot […]Cryptopolitan
Oct 22, 2024
UAE crypto VAT exemption viewed as significant positive impact on virtual asset ecosystem
On October 2nd the UAE Federal Tax Authority exempted crypto transaction from value-added tax (VAT). Effective from Nov. 15, 2024, the exemption applies retrospectively to transactions dating back to Jan. 1, 2018. The decision was seen as positive by many within and outside the sector, especially for VASP activities within the UAE. The amendment clarified […]Cryptopolitan
Oct 22, 2024
Bitcoin hashrate hits a new all-time high, showing an increase in the Bitcoin network strength
According to Bitcoin on-chain data sites, bitcoin mining hashrate's 7-day moving average crossed the 700 EH/s mark, reaching a new all-time high. The hashrate is currently over 13% more since the Bitcoin halving event in April. The hashrate also highlighted a 6% increase over the last 7 days.Cryptopolitan
Oct 22, 2024
Binance market share declines for 2nd year as BNB remains best-performing exchange token
Binance, the biggest centralized exchange (CEX) by volume, continues to lose ground in market share for the second year in a row. Right now, the exchange holds 39.54% of the total spot trading market, down from 52.5% last year — a 13% drop in just 12 months. But Binance’s native token, BNB, is standing firm […]Cryptopolitan
Oct 22, 2024
Tudor Jones says he is “long gold and long bitcoin”
Paul Tudor Jones, the billionaire hedge fund manager, said in a CNBC interview, “I am long gold, I am long Bitcoin”. This is indicating his bullish stance on the two assets. His continuous endorsement of Bitcoin hints at its increasing appeal as an asset immune to inflation. BREAKING: BILLIONAIRE HEDGE FUND MANAGER PAUL TUDOR JONES […]Cryptopolitan
Oct 22, 2024
