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Binance and Crypto Industry Come Under Immense Regulatory Concerns

As Binance comes under regulatory pressure, the cryptocurrency industry took a plunge on Thursday as regulation concerns across the world intensified. At press time, Bitcoin and Ethereum are both down by 4%, as the entire market bleeds. Earlier today, Italian market watchdog Consob stated that Binance, the world’s largest cryptocurrency exchange by spot trading volume, […]

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Bitcoin on Recovery Path as Miners Resume Operations: Glassnode

On-chain analytics company Glassnode recently reported on the Bitcoin (BTC) network, noting that it is, fundamentally, in a healthy state despite the vacillating price action. The analytics provider revealed that we are in an “impressively quiet week,” as BTC remained range-bound between $34,900 and $32,500. Glassnode noted that: “It is starting to feel like the […]

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People’s Bank of China Issues Directive Against Cryptos to Institutions

Authorities of the People’s Bank of China (PBoC) are on the neck of the cryptocurrency industry once again. This time around, they have issued a notice to local institutions, warning them against providing services to crypto-related companies. The Chinese government has ramped up its anti-crypto activities in the past few weeks, causing several local crypto […]

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The future of crypto on social media

The rapid rise of cryptocurrency across the globe has left many scratching their heads. When Bitcoin suddenly shot up to over $60,000 last year and subsequently fell back down to just under $35,000, it raised questions about the stability of crypto. Yes, it’s true that crypto is a volatile and fast-evolving industry, but it may […]

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