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XRP Jumps 0.26% to $0.5028: Key Insights for Traders on September 5, 2023

XRP, the native token of the XRP Ledger created by Ripple, saw a 0.26% price increase over the past 24 hours to $0.5028 according to the data. With a market capitalization of $26.63 billion, XRP remains one of the top cryptocurrencies by market cap. The 24-hour trading

By Albert Morgan Sep 5, 2023

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Binance Coin's 0.03% Price Increase to $215.14: Key Insights for September 5th, 2023

Binance Coin (BNB) saw a slight 0.03% price increase over the past hour, bringing its current value to $215.14 according to data from September 5th, 2023. While not a major shift, this continues an upward trend for BNB over the past day. After diving into the numbers, here

By Albert Morgan Sep 5, 2023

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Ethereum's 0.48% Price Increase to $1,637.09: Key Takeaways for September 5, 2023

Ethereum, the second-largest cryptocurrency by market capitalization, saw its price increase by 0.48% over the past 24 hours to $1,637.09. With a market cap of $196.40 billion, Ethereum continues to be a dominant force in the crypto markets. In this technical analysis, we'll explore

By Albert Morgan Sep 5, 2023

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New Crypto Literacy Scale Aims to Boost Understanding and Legitimacy

Researchers at the University of Connecticut have developed a new tool that could have major implications for Bitcoin and the broader cryptocurrency landscape. The team created a Crypto Literacy Scale (CLS) seeking to quantify and improve investors' knowledge around digital assets. In a paper titled "Measuring Crypto Literacy,

By John Williams Sep 5, 2023

News

Bitcoin's 0.11% Price Decline to $25,806.27: Key Takeaways for September 5th, 2023

Bitcoin, the world's largest cryptocurrency by market capitalization, has seen a slight 0.11% price decline over the past 24 hours. As of September 5th, 2023, Bitcoin is trading at $25,806.27, down from $25,845.57 yesterday. With a market cap of $501.42 billion, Bitcoin

By Albert Morgan Sep 5, 2023

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South Korea's Push to Freeze North's Crypto May Hit Law-Abiding Users

A new bill under consideration by South Korean lawmakers aims to expand the country's ability to track and freeze cryptocurrency tied to cybercrime and illicit assets from North Korea. While the goals may be reasonable, some fear unintended consequences for lawful digital asset use. According to a recent

By John Williams Sep 5, 2023

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Bitcoin Margin Trading Growth Reflects Maturing Market But Heightens Volatility Risks

A notable trend is emerging in cryptocurrency derivatives markets that could have significant implications for bitcoin's price volatility. According to data from Glassnode and insights from Blockware Intelligence, the use of bitcoin itself as collateral in bitcoin futures trading has been steadily rising over the past year. This

By John Williams Sep 5, 2023

News

Chinese Court Deems Cryptocurrency As Legal Property Despite Ongoing Crypto Bans

A court in China made a notable declaration this week that could have positive implications for cryptocurrency adoption long-term, despite the country's broad bans. The Xiamen Intermediate People’s Court in Fujian province published an opinion arguing that cryptocurrencies should still be considered legal property under Chinese law,

By John Williams Sep 5, 2023

News

Binance Executive Exodus Continues As Crypto Giant Faces Regulatory Pressure

The world's largest cryptocurrency exchange Binance suffered another high-profile departure this week, as Global Head of Product Mayur Kamat resigned from his role. This marks the latest in a growing string of executive exits in 2022 amid increased legal and regulatory scrutiny of the exchange globally. While Binance

By John Williams Sep 5, 2023

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Grayscale Wins Legal Battle As SEC Delays Spot Bitcoin ETF Approvals

In a major win for the cryptocurrency industry, Grayscale Investments scored a landmark legal victory against the Securities and Exchange Commission (SEC) this week. The U.S. Court of Appeals ruled in favor of Grayscale's petition to convert its Bitcoin Trust (GBTC) into a spot Bitcoin exchange-traded fund

By John Williams Sep 5, 2023

News

Selective VC Interest Highlights Maturing Crypto Investment Culture

The crypto winter has dampened venture capital investment, with funding down 75% from August 2021 highs according to DeFiLlama. However, while frothy valuations are correcting, some sectors like DeFi, NFTs, and Bitcoin staking are still garnering selective VC attention. This signals a maturing investment culture focused on quality over hype

By John Williams Sep 5, 2023

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Mixed Institutional Sentiment Reflects Maturing Crypto Investment Culture

Recent data from CoinShares reveals a split in institutional opinions on crypto, with moderately low inflows and outflows this past week. This suggests a transition toward more stable, mature investing habits - a promising trend for Bitcoin's longevity. While headline fund flow numbers showed a muted $11 million

By John Williams Sep 5, 2023

News

Troubleshooting Common Dogecoin Mining Errors

Dogecoin mining can be a fun and rewarding hobby, but it does come with its fair share of potential issues. From hardware problems to software bugs, troubleshooting Dogecoin mining errors is simply part of the process. While frustrating, most common Dogecoin mining problems have relatively straightforward solutions. Being aware of

By Albert Morgan Sep 5, 2023

News

Dogecoin Mining on Windows Step-by-Step Tutorial

Cryptocurrency mining can be an intriguing way to earn digital coins, but getting started with mining can seem daunting. In this beginner’s guide, you’ll learn how to mine Dogecoin on Windows step-by-step. Setting Up a Dogecoin Wallet The first thing you need before mining Dogecoin is a Dogecoin

By Albert Morgan Sep 5, 2023

News

Using Claymore's Dual Miner for Dogecoin Mining

Dogecoin mining has seen a resurgence in popularity recently. As more people look to get involved in cryptocurrency, Dogecoin presents a fun and accessible option. To effectively mine Dogecoin, having the right mining software is key. One of the most popular choices for Dogecoin mining is Claymore's Dual

By Albert Morgan Sep 5, 2023

News

Crypto Industry Urged to Rapidly Adopt Anti-Corruption Rules

The crypto ecosystem needs to urgently implement anti-money laundering and anti-terrorist financing rules globally, according to Tom Neylan, a senior official at the global watchdog Financial Action Task Force (FATF). In an interview, Neylan highlighted the risks posed by unregulated cryptocurrencies and the importance of rapid regulatory implementation to prevent

By John Williams Sep 5, 2023
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