Author: e_cash_top

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[ad_1] Bitcoin (BTC) has shown the highest return since October 2022 and has the best January in 10 years in monthly returns. BTC Yearly Returns Since the start of the year, BTC has enjoyed remarkable growth from $16,583.18 to $23,060.14 as of press time – amounting to about 39% return in 23 days. Over this…

Bitcoin is acting as a liquidity indicator for central bank balance sheets

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[ad_1] Quick Take As the global world is facing extreme inflation, central banks are trying to reign in inflation by decreasing their balance sheets (quantitative tightening) and increasing interest rates. The blue line considers the central bank balance sheet of the US, Japan, UK, China, and Europe, which amounts to $760T. Down from $800T back…

Hoskinson reassured by Cardano ‘self healing’ following node anomaly

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[ad_1] Input Output CEO Charles Hoskinson said the transient nature of the Cardano node anomaly makes it challenging to pin down the exact cause. However, he added that the network handled the outage precisely as designed. Further, he praised the IO staff and Stake Pool Operators (SPOs) for rallying together to offset the issue. “Sh*t…

Circle says USDC ‘is a dollar with super powers’ at WEF, pushes for more inclusion

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[ad_1] USD Coin (USDC) founder Circle attended the World Economic Forum (WEF) to explain “why USDC is a dollar with super powers.” The WEF took place between Jan. 16 and Jan. 20, 2023, in Davos and hosted over 1,500 industry leaders as well as government representatives from around the globe. According to Circle’s announcement, the…

CryptoSlate Daily wMarket Update: Stagnant 24 hour run sees BNB lead top 10

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in Uncategorized

[ad_1] The cryptocurrency market cap saw net inflows of $0.56 billion over the last 24 hours and currently stands at $1,050.56 billion — up 0.05% from $1,050 billion. Over the reporting period, the Bitcoin market cap grew 0.1% to $441.36 billion from $440.68 billion. By contrast, Ethereum’s market cap fell 0.8% to $198.68 billion from…

SushiSwap receives approval to clawback 6.2M SUSHI to Treasury

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[ad_1] Members of the Sushi DAO have passed a proposal seeking to retrieve about 6.2 million SUSHI tokens to the Treasury, from early liquidity providers who are yet to claim their rewards. Back in 2020 when SushiSwap was launched, it rewarded early liquidity providers (LPs) with SUSHI tokens that were locked and vested over the…

CZ alleges FTX paid $43M to news organization to publish Binance FUD

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in Guides

[ad_1] Binance CEO Changpeng (CZ) Zhao alleged during a Twitter space talk that FTX paid $43 million to a crypto news outlet that regularly publishes negative articles on Binance, CZ claimed that traders with short positions look to “generate negative news” to better their trades. Therefore, he is “fine” with crypto skeptics such as Peter…

Gemini Earn customers face potential $485M shortfall in Genesis bankruptcy case

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in Uncategorized

[ad_1] Gemini Earn customers face a potential $485 million shortfall in their bid to be made whole following the Genesis bankruptcy. Gemini Earn paid rewards to customers who lent cryptocurrency to the program. Customers’ tokens were then loaned to counterparties, in this case, Genesis, who generate yield by trading and investing. After months of insolvency…

SEC’s Hester Peirce says crypto industry should not wait for regulators to solve problems

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[ad_1] SEC Commissioner Hester Peirce called for the crypto industry to attempt to solve issues that plagued it during 2022 without waiting for regulators to act. Peirce made the comment during a speech at the Duke University Digital Assets Conference on Jan. 20. Crypto burning Peirce argued that “much of the crypto world is burning”…

BlockFi plans to sell $160M worth of BTC miner-backed loans

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