More than 300,000 Changsha Merchants Adopted Digital Yuan
Changsha, China, is making a major stride in the digital currency world – with over 300,000 stores and vendors now accepting payments in digital yuan. This paradigm-shifting development has been welcomed as a revolutionary approach to financial transactions by those versed in the topic. The ever-increasing adoption rate is a testament to its efficiency and versatility, offering users a viable …
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Japan’s FSA Gives Green Light to Stablecoins by June 2023
Japan’s Financial Services Agency (FSA) announced it would lift the ban on stablecoins, with new regulations set to take effect in June. This move is seen as a significant step towards the mainstream adoption of stablecoins, digital assets that are pegged to the value of a fiat currency, commodity, or other assets. The new regulations will require stablecoin issuers to …
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The 6.3% decline in Solana (SOL): A Healthy Correction or a Cause of Concern?
The digital currency ecosystem is experiencing a downturn, as reflected in the decrease in crypto market capitalization, which dropped by 3.34% to $1.02 trillion. Among the various altcoins that contributed to this dip in value, Solana (SOL) saw a 6.3% decrease, bringing its price to $23.33. It is important to note that the cryptocurrency market is highly volatile, and fluctuations …
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Signature Bank, Binance’s Fiat Partner, Sets a Minimum Transaction Limit
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Coinbase to Wind up its Operations in Japan
The cryptocurrency exchange Coinbase has had a difficult month as it has decided to discontinue all of its operations in Japan after experiencing a steady decline with no solution in sight. This comes after a similar action by Kraken, another cryptocurrency exchange. Whatever the cause, this is surely devastating news for crypto investors in Japan. When one exchange decides to …
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Litecoin eyes $100 after ‘rare’ LTC price breakout
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Teresa Bach
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December 5, 2022
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Altcoin News
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Litecoin (LTC) could rise another 20% amid a rare trend reversal breakout that has already resulted in LTC outperforming most crypto assets in recent days.LTC’s not-so-bearish symmetrical triangleLTC’s price broke out of what earlier appeared to be a bearish symmetrical triangle.Symmetrical triangles are trend continuation patterns, meaning breaking out of their range typically prompts the price to move in the …
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Price analysis 12/2: BTC, ETH, BNB, XRP, ADA, DOGE, MATIC, DOT, LTC, UNI
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Teresa Bach
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December 2, 2022
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Altcoin News
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Bitcoin and altcoins are beginning to flash signals of a potential trend change, but a handful of downside risks remain.
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South Korea’s unique and amazing crypto universe – Cointelegraph Magazine
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Teresa Bach
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November 29, 2022
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Altcoin News
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Maybe it’s the language barrier, or the walls authorities have set up to prevent money from leaving the country. But whatever it is, South Korea has built its own unique corner of the cryptoverse that’s unlike anywhere else on the planet. Doo Wan Nam, a MakerDAO delegate who co-founded the research and advisory firm StableNode, laughs as he describes how …
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Bitcoin price consolidation has shifted traders to these 4 altcoins
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Teresa Bach
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November 27, 2022
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Altcoin News
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Bitcoin (BTC) has been trading in a tight range since Thanksgiving Nov. 24, as traders are uncertain about the next directional move. Usually, in a bear market, analysts tend to become uber-bearish and project targets that tend to scare away investors.The failure of Bitcoin to start a strong recovery has given rise to several bearish targets, which extend up to …
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Litecoin hits fresh 2022 high versus Bitcoin — But will LTC price ‘halve’ before the halving?
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Teresa Bach
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November 22, 2022
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Altcoin News
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Litecoin (LTC) has emerged as one of the rare winners in the ongoing cryptocurrency market meltdown led by the FTX exchange’s collapse.LTC price outperforms BTC, ETHThe 2011-born altcoin rallied nearly 16% month-to-date (MTD) to reach $62.75 on Nov. 22, outperforming its top rivals, Bitcoin (BTC) and Ether (ETH), which lost approximately 25% and 30%, respectively, in the same period.LTC/USD daily price …
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