Bitcoin (BTC) is in line for continuation of its bull run, fresh analysis says as BTC/USD retains its 2.2% daily gains. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView $62,500 eyed for BTC price bounce As data from Cointelegraph Markets Pro and TradingView tracks Bitcoin’s best day for a week, confidence in higher levels is building. Earlier
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The Chicago Mercantile Exchange (CME), one of the world’s biggest derivatives marketplaces, continues expanding its cryptocurrency derivatives offerings by adding a new Ether (ETH)-based product. CME announced Tuesday that it is planning to launch a micro Ether futures contract, sized at 0.1 ETH, enabling a new type of Ether exposure to institutional and individual traders. The
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The regulation of cryptocurrencies varies considerably across the globe: China has cracked down on significant amounts of crypto activity in recent months, while Japan only recently allowed specialized cryptocurrency investment funds. El Salvador, on the other hand, has accepted Bitcoin (BTC) as a legal currency. As financial centers throughout the world seek to regulate the
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Paraguay is one of the destinations being considered by various companies for setting up their bitcoin mining operations. Last week, Chinese company Future Fintech announced formal plans to build a bitcoin mining facility in the country, explaining they were determining the best location for the upcoming farm. In June, local media declared that there were
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Cryptocurrency mining firm Argo Blockchain has just released its Q3 financial report detailing record setting revenues for the period. The London headquartered company reported that it had mined 597 BTC and “BTC equivalents” during the third quarter of 2021. At current prices, Argo’s Bitcoin haul would be worth roughly $36.5 million. As of Sept. 30,
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The Ethereum network has seen its first consecutive week of negative supply issuance as bubbling markets drive persistently high transaction fees. With the highly anticipated London upgrade introducing a burn mechanism into Ethereum’s fee market in early August, a small quantity of Ether has since been destroyed with every transaction executed on the network. With
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The President’s Working Group on Financial Markets, or PWG, has released a report suggesting that stablecoin issuers in the United States should be subject to “appropriate federal oversight” akin to that of banks. A Nov. 1 U.S. Treasury report from the group with the Office of the Comptroller of the Currency and Federal Deposit Insurance Corporation
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The Avalanche Foundation has unveiled “Blizzard” — a fund offering more than $200 million in incentives to developers who build on the Avalanche (AVAX) network. The fund will provide liquidity to those early-stage projects that innovate decentralized finance (DeFi) applications, nonfungible tokens (NFTs), and other products on Avalanche. Avalanche is a Proof-of-Stake network that launched
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“Uptober” is over but as Zhu Su tweeted earlier today, the crypto market rally could extend through “Upvember, Upcember” and beyond. The month of October was stellar for Bitcoin (BTC) and Ether (ETH) primarily because each hit new all-time highs and even though the prices are consolidating now, traders are still wildly bullish.  Uptober, Upvember,
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Cryptocurrency exchange Kraken has indicated that the shiba inu (SHIB) cryptocurrency will be listed on its platform on Tuesday. The dogecoin rival has gained much popularity recently, rising 97% in the past seven days and 825.5% in the last 30 days. Kraken Indicates Shiba Inu Will Be Listed on Its Platform Tuesday Cryptocurrency exchange Kraken
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