Author: e_cash_top
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South African regulator mandates crypto ad risk warnings
[ad_1] The advertising regulatory board (ARB) of South Africa has directed crypto asset providers and influencers to communicate in their advertisements that investing in crypto assets may result in capital loss. ARB stated in its report on Jan. 23 that crypto advertisement providers must provide a balanced message about the returns, benefits, and risks associated…
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Bitcoin hash rate surpasses another ATH, Hash Ribbon indicates miner capitulation is over
[ad_1] Definition Hash rate is defined as the average estimated number of hashes per second produced by the miners in the network. The Hash Ribbon indicator shows that the worst of the miner capitulation is over when the 30-day moving average (MA) of the hash rate crosses above the 60-day MA (switch from light red…
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Binance says Signature Bank will introduce $100k transaction limit
[ad_1] Binance said that Signature Bank would only issue crypto transactions worth at least $100,000 starting from Feb. 1, 2023, as reported by Business Standard (BS). Binance said: “One of our fiat banking partners, Signature Bank, has advised that it will no longer support any of its crypto exchange customers with buying and selling amounts…
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STG price surges 45%, insider trading suspected
[ad_1] Four wallets purchased Stargate Finance (STG) tokens before it recorded a 45% increase on Jan. 22 and sold all holdings shortly after, according to Lookonchain. Altogether, the investors spent $131,462 to purchase 266,200 STG tokens and sold them all for $181,416, scooping $49,954 in total profit. The transactions The address “0x6127” spent 20,000 USD…
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Recapping 10 major crypto events from 2022 + 10 future trends for 2023
[ad_1] The following is a guest contribution from intergovernmental blockchain expert and investor Anndy Lian. There have been many developments in the cryptocurrency space over the years, including the launch of new cryptocurrencies, the emergence of decentralized finance (DeFi) platforms, and the increasing mainstream adoption of cryptocurrency. By now, you would agree that the cryptocurrency…
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Massachusetts bill for special blockchain commission to assess government usage
[ad_1] Two bills related to crypto were introduced to the Massachusetts House of Representatives on Jan. 19. The first related to a new “special commission on blockchain” and the second on “protecting consumers in cryptocurrency exchanges.” Given the recent publicity received through the FTX collapse, it is unsurprising that officials would look to add extra…
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Ethereum stablecoin dominance reaches 3-month high
[ad_1] Glassnode data analyzed by CryptoSlate indicates that Ethereum’s (ETH) dominance over stablecoins has been increasing and reached its highest in the last three months. Ethereum’s dominance over stablecoins strengthens as the ETH price surpasses $1,600. The analysis includes the top four stablecoins: Tether (USDT), USD Coin (USDC), Binance USD (BUSD), and DAI (DAI). The…
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A look at what’s going on with Bitzlato and its impact
[ad_1] A cryptocurrency exchange registered in Hong Kong, Bitzlato has mostly remained under the radar since its inception in 2016. The exchange managed to avoid any significant media exposure and kept a low profile aside from a brief mention in a 2022 Chainalysis report. That was until Jan. 18, 2023, when the U.S. Department of…
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Metrics indicate bullish sentiment as illiquid Bitcoin supply reaches 80%
[ad_1] CryptoSlate analysis of Bitcoin (BTC) metrics reveals that the market bottom may have been reached as investors continue accumulating BTC and pushing illiquid supply up to 80%. Analysts reviewed metrics, including the MVRV-Z and Realized Price metrics, to discover both indicate bullish sentiments. MVRV-Z metric The MVRV-Z score is used to assess whether BTC…
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ASIC financing debt worsened Bitcoin miner’s liabilities in 2022: Report
[ad_1] Bitcoin miners faced difficulties paying off debt in 2022, particularly when they had high-interest equipment financing loans, according to a recent report by Hashrate Index. The report stated. “We estimate that there is between $2-4 billion worth of ASIC financing debt on private and public miner balance sheets.” According to the analysis, 6 ASIC…