Author: e_cash_top

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[ad_1] Moody’s Corp., one of the world’s leading rating agencies, will start looking at how it can ascertain the risk and health of stablecoins, Bloomberg News reported Jan. 26. The need to rate stablecoins comes amidst renewed pressure from governments and regulators around the world. The agency’s scoring system will have an analysis of up to…

NFTs accounted for 28% of the ETH gas usage in January

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[ad_1] CryptoSlate analysts examined the gas usage shares of different transaction categories on the Ethereum (ETH) network and found that the NFTs category accounted for 28% in the first month of the year. The analysis divides all transactions on the ETH network into eight categories as Vanilla, ERC20, Stablecoins, DeFi, Bridges, NFTs, MEV Bots, and…

As Bitcoin and Ethereum continue rally, capitulation severity has lessened

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[ad_1] Definition Net Unrealized Profit/Loss is the difference between Relative Unrealized Profit and Relative Unrealized Loss. This metric can also be calculated by subtracting realized cap from the market cap and dividing the result by the market cap. Quick Take Bear market bottoms occur when capitulation occurs, even when the strongest hands sell due to…

Conflux surges 60% following integration with China’s Little Red Book

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[ad_1] Conflux native token (CFX) has surged up to 60% in the last 24 hours, following the protocol’s successful integration with the Chinese app called Little Red Book. Conflux is a layer 1 blockchain protocol designed to connect creators, communities, and markets across protocols and borders. Little Red Book announced on Jan. 24 that it…

Microsoft switches Metaverse focus from social to business

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in Uncategorized

[ad_1] Microsoft-owned social VR platform AltspaceVR will close on March 10, with the team switching focus to the business-orientated Microsoft Mesh (MM) instead. AltspaceVR to close for the second time Altspace VR was founded by Facebook Reality Labs Social Experiences’ director of product Eric Romo in 2013. Fast forward a few years, the general slowness…

Beto O’Rourke sets up $100,000 fund from $1M SBF donation for FTX victims

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[ad_1] U.S. politician Beto O’Rourke who received a $1 million donation from collapsed FTX’s founder Sam Bankman-Fried has reportedly set aside a $100,000 fund for victims of the FTX collapse. Former FTX CEO Sam Bankman-Fried (SBF) had donated over $70 million to many U.S. politicians before his crypto empire collapsed on Nov. 11, 2022. Texas…

A&T Capital launches ‘Web3 Trends 2023’ report

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in Uncategorized

[ad_1] Disclosure: This is a sponsored post. Readers should conduct further research prior to taking any actions. Learn more › A&T Capital launches the ‘Web3 Trends 2023’ report and delves into the six trends that will shape the future of the Web3 era. Revolutionary shift in internet infrastructure ZK layer2 Parallel Computing, Modular Design and Application-Specific…

Former UK chancellor Philip Hammond joins Copper exchange as Chairman

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[ad_1] Philip Hammond who served as U.K. chancellor from 2016 to 2019, has taken on a new role as the chairman of crypto trading firm Copper, FT reports. The former U.K. chancellor has been an adviser and stakeholder in Copper since 2021. However, Hammond confirmed to FT on Jan. 26 that he has been appointed…

Solana and Cardano lead market recovery

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in Uncategorized

[ad_1] The cryptocurrency market cap saw net inflows of $23.04 billion over the last 24 hours and currently stands at $1,046.4 billion — up 2.3% from $1,023.36 billion. Over the reporting period, the Bitcoin market cap grew 1.7% to $443.07 billion from $436.03 billion. Similarly, Ethereum’s market cap gained 3.7% to $196.32 billion from $189.4…

Options open interest on the verge of breaking all-time high, calls for $30,000 Bitcoin

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