Month: May 2022

Binance gets approval to operate in Italy, will open office in Milan

News

One of the world’s biggest cryptocurrency exchanges, Binance, strengthened its European presence by obtaining registration and regulatory approval in Italy. A Binance company had previously registered to operate in France at the beginning of May. On May 27, the exchange’s official blog reported that Binance Italy has received regulatory approval in the country through registration …

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Bitcoin Reclaims $30K, Here’s the Next Target to the Upside (BTC Price Analysis)

Analytics

Even though BTC was able to recover about $30K, it’s important to note that on a more macro scale, the situation remains the same. The cryptocurrency is still trading within a range between $28K and $31K. Technical Analysis By Edris The Daily Chart Based on the price structure of the last two days, a bullish …

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Survey: Most Salvadorans Still Not Convinced About Bitcoin as Legal Tender

Analytics

A survey conducted recently by the Center for Citizen Studies of the Francisco Gavidia University, a private institution in El Salvador, has found that more than half of the Salvadorans surveyed still prefer the dollar over bitcoin as legal tender. Bitcoin, which has been pushed by Salvadoran president Nayib Bukele, has in large part not …

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Bitcoin Price Analysis – BTC Sees Glimmer of Hope As It Surges Above $30,000 – Can It Break The Current Range?

Analytics

Key highlights: Bitcoin surged by a strong 4% today, allowing the coin to break back above $30,000. Although still in consolidation, today’s move allowed BTC to head above last week’s highs. Bitcoin still remains down around 58% from the ATH. Bitcoin price $30,420 Key support levels $30,500, $30,000, $29,350, $29,000, $28,650, $28,226, $28,000, $27,750, $27,500 …

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Why do Decentralized Crypto Exchanges have Poor Visibility?

Articles

Decentralized crypto exchanges allow users to interact with one another in a peer-to-peer environment. In decentralized exchanges, funds are not controlled by a central wallet. Users’ funds are not accountable to the exchange since they are not custodians of the funds. In most cases, users’ web wallets or app extensions are used to enable decentralized …

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Blockchain Paves the Way for Green Startup’s Clean Ocean Movement

Articles

Oceans and Us, a Dubai-based startup, is planning to raise funds by launching a new cryptocurrency and selling 10,000 generative non-fungible tokens (NFTs) for clearing plastics off the oceans globally. The company plans to partner with NFT artist Vesa Kivinen, popularly known as VESA in the crypto art space, to raise $1.2 million funds. Green …

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Korean prosecutors summon all Terraform Labs staff in UST collapse probe: JTBC

News

Quick Take Korean prosecutors have reportedly launched an official investigation into the TerraUSD crash. They are reported to have summoned all employees of Terraform Labs and one early employee has already testified. Prosecutors in South Korea have summoned all employees of Terraform Labs to investigate the collapse of TerraUSD, the stablecoin known by its UST …

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