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Cryptocurrency News

UBS Group to Provide Credit Suisse Emergency Rescue

Daniel Sharkey | March 20, 2023 | Leave a comment
Over the weekend, the Swiss authorities agreed to modify the country’s regulations, allowing the announcement of the deal without the need for a shareholder vote. To prevent financial market instability, UBS Group made a deal to acquire Credit Suisse,...
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The Banking Crisis is Catalyzing Bitcoin’s (BTC) Rise

Daniel Sharkey | March 19, 2023 | Leave a comment
Amid the recent banking crisis triggered by the collapse of Silicon Valley Bank, Bitcoin has surprisingly emerged as a beneficiary. With investors fleeing from banking stocks due to contagion fears, many have turned to alternative investments, including Bitcoin. The...
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Microsoft to Integrate Web3 Wallets with the Edge Browser

Daniel Sharkey | March 18, 2023 | Leave a comment
Microsoft’s Edge Browser Might Eventually Include a Non-Custodial Crypto Wallet How High Demand and Network Capacity Problems Might Cause Delays for ETH Staking Withdrawals Microsoft’s Edge Browser Might Eventually Include a Non-Custodial Crypto Wallet A Web3 wallet that is...
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Centralized Custodians See Continued Trust Among US Crypto Consumers Despite 2022 Setback

Daniel Sharkey | March 17, 2023 | Leave a comment
The year 2022 brought about much instability and uncertainty for the cryptocurrency industry. Despite these obstacles, the industry persevered and advanced, gaining a larger following worldwide. The adoption of crypto and blockchain technology has continued to expand among people...
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Bitcoin (BTC) Emerges as Safe Haven Asset Amid Banking Chaos: Experts Predict $100K

Daniel Sharkey | March 16, 2023 | Leave a comment
The United States equities are being impacted by an unstable industry, with Credit Suisse becoming the fourth bank in one week to cease operations. This situation occurred after the Saudi National Bank, the biggest investor in Credit Suisse, withdrew...
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The Controversial Impacts of NFTs on Social Media

Daniel Sharkey | March 14, 2023 | Leave a comment
Sesame Street Delves Deeper into Digital Collectibles Meta Swings Away from NFTs Sesame Street Delves Deeper into Digital Collectibles The nonprofit Sesame Workshop produces the renowned Sesame Street and other educational children’s shows. Variety stated that Sesame Workshop would...
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The Central Bank of Russia Legalizes another Crypto Service Provider

Daniel Sharkey | March 13, 2023 | Leave a comment
According to RBC, the business news outlet, Circulated Registry Systems, which runs the Masterchain exchange platform, has been included in the list of information structure entities permitted by the Central Bank of Russia to distribute digital and virtual financial...
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Evolutional Moves in the Crypto and NFT Sectors – Details

Daniel Sharkey | March 13, 2023 | Leave a comment
Changes on NFT’s Exchange OpenSea Circle Partners with Cross River Changes on NFT’s Exchange OpenSea The nonfungible token (NFT) exchange OpenSea has patched a security hole that, if exploited, might have uncovered private data about its unidentified users. According...
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President Joe Biden To Unveil Budget Proposal To Close Crypto Tax Loophole

Daniel Sharkey | March 11, 2023 | Leave a comment
According to reports, the US president is set to announce a new budget proposal that would effectively close tax loss harvesting on cryptocurrency transactions. President Biden will unveil the proposal on Thursday to close loopholes exploited by wash sales...
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Dogecoin (DOGE) Takes Hit as Silicon Valley Bank Collapses

Daniel Sharkey | March 11, 2023 | Leave a comment
The value of Dogecoin (DOGE) in the cryptocurrency market has dropped due to widespread fear, uncertainty, and doubt following the collapse of Silicon Valley Bank on Friday. The bank’s failure, caused by a bank run and capital crisis, resulted...
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