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Daily Archives: May 16, 2023

Market News
ADA Signals Local Bottom: Potential for Short-Term Gains for Day Traders

ADA Signals Local Bottom: Potential for Short-Term Gains for Day Traders

In the face of a recent 10% slide, Cardano (ADA) has reached a crucial support level, signalling a potential local

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Tether’s Q1 Review: Record Profits, Reserve Surpluses, and USDT at All-Time Highs

Tether’s Q1 Review: Record Profits, Reserve Surpluses, and USDT at All-Time Highs

Tether has published its BDO attestation report for Q1 2023, highlighting several important achievements. As per the reports, the stablecoin

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Bankrupt Celsius Stakes $75M Ether Via Figment ETH2 Beacon Depositor 1

Bankrupt Celsius Stakes $75M Ether Via Figment ETH2 Beacon Depositor 1

Bankrupt cryptocurrency lender Celsius has transferred $75 million of Ether via Figment, an institutional-grade staking service. The transfer in question

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The Rise and Fall of PEPE: Lessons on the Volatility of Meme-Inspired Coins

The Rise and Fall of PEPE: Lessons on the Volatility of Meme-Inspired Coins

The cryptocurrency world is no stranger to meme-inspired coins that experience sudden surges in value, only to crash just as

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Mysterious Whale Accumulates ARB Worth $2.95M in Bold Crypto Move

Mysterious Whale Accumulates ARB Worth $2.95M in Bold Crypto Move

In a stunning move, a mysterious whale has recently been spotted accumulating a huge amount of ARB. The address, known

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SEC Identifies Jump Trading as the Third Party in TerraUSD’s Price Manipulation

SEC Identifies Jump Trading as the Third Party in TerraUSD’s Price Manipulation

The recent reports stated that the crypto trading company Jump Trading acquired an amount of $1.2 billion, by bolstering Do

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PEPE’s Rising Popularity Renews Investors’ Interest In Memecoins

PEPE’s Rising Popularity Renews Investors’ Interest In Memecoins

The rising popularity of PEPE has renewed investors’ interest in the memecoin space of the crypto industry. The hype around

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Altcoins Attract Investors as Bitcoin Experiences Outflows

Altcoins Attract Investors as Bitcoin Experiences Outflows

The cryptocurrency market witnessed a fourth week of consecutive outflows, predominantly led by Bitcoin, according to digital assets investment group

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Bithumb’s Profit for the First Quarter of 2023 Falls by 80%

Bithumb’s Profit for the First Quarter of 2023 Falls by 80%

Today, Bithumb, a cryptocurrency exchange based in South Korea, reported that its first-quarter sales were approximately 50.7 billion won, operating

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Memecoins Pose Possibilities of Both Profits and Losses

Memecoins Pose Possibilities of Both Profits and Losses

Lookonchain, the trusted security platform that ensures the transaction’s safety and reliability, has recently shared a thread focusing on the

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SEC’s Lawmaking Is an Embarrassment to the US; Says Adam Cochran

SEC’s Lawmaking Is an Embarrassment to the US; Says Adam Cochran

Adam Cochran, the Vice President of Operations at the service provider SBT Partners, addressing the American lawmakers, exclaimed that the