Institutional money is moving away from ETH and into altcoins
Institutional investors have recently moved their focus away from Ethereum (ETH) and toward competing Layer 1 blockchains, with capital inflows into altcoin investment.
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Crypto News
Despite negative sentiment, crypto out-flows have slowed
According to the money flows data, outflows of $7.2 million were observed in the previous week. As a result, negative flows continued for.
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Heavy accumulation protects the Bitcoin line from further decline
After failing to garner enough purchasing volume to generate a significant bounce, Bitcoin has been hovering around its ascending support line since mid-April..
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Kraken, a cryptocurrency exchange, has been granted an Abu Dhabi license
On Monday, Kraken, one of the world’s largest cryptocurrency exchanges, received approval to operate in Abu Dhabi. The exchange is part of a.
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Grayscale writes to SEC, as it gives green light to a Bitcoin Futures ETF
Following the SEC’s recent approval of a Bitcoin futures ETF, the cryptocurrency investment firm has increased its lobbying efforts with the US regulator..
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The SHIB Burning Portal has Been Launched
Shiba Inu (SHIB), a popular memecoin project, has introduced a SHIB Burn Portal to reduce token supply while also allowing users to receive.
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The next president of South Korea wants to take cryptocurrency to the next level
The recent revelation that South Korea’s future president plans to promote the country’s crypto business is great news, especially given the country’s economic.
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In 2023, the Bank of Russia will test digital ruble settlements
According to the approved Financial Market Development Strategy of the Ministry of Finance, the full launch of the digital ruble. So, Russia’s central.
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Due to a smart contract problem, the AkuDreams development team has locked up $33 million
Over 11,500 Ethereum (ETH) worth approximately $33 million was locked permanently under a smart contract, unreachable even to the development team, in the.
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Trading Volume for Terra (LUNA) Increases by $195 Billion in a Quarterly High
LUNA trading volume in the first quarter of 2022 was more than eight times that of the first quarter of 2021, despite the.