US Firms Make Up 85% of Bitcoin Purchases – Report

Recent data showing institutional purchases of the flagship digital asset indicates that institutional investors in the United States are still bullish on cryptocurrency. The data from Matrixport shows that American…

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Aussie Execs Backs Argument To Tag Crypto As Financial Products

Following recent statements from the Assistant Treasurer of Australia, Australian executives have cautioned against treating all digital assets as financial products. Australia's Assistant Treasurer Considers Crypto Financial Products In a…

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Coinbase Teams Up with Borussia Dortmund (BVB) in a Sponsorship Deal

Coinbase has taken a move to expand its partnership with sports platforms by agreeing with Borussia Dortmund (BVB), the German professional football team. The deal will see the US-based crypto…

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Chinese Communist Party Secretary Connives With Miners To Violate Nationwide Ban

Xiao Yi, a Communist Party's provincial secretary in China, has reportedly pleaded guilty after being charged with violating the country's ban on Bitcoin mining. He allegedly accepted bribes from some…

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Alaska Enact New Money Transmission Laws That Affect Digital Currencies

From January 1, 2023, an amendment would be made to regulate money transmission in Alaska, including virtual currencies. Companies whose activities are crypto-related must obtain a money transmission license from…

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Jewel Bank To launch The First USD-Backed Stablecoin In Bermuda

According to Jewel Bank founder and chairman Chance Barnett, institutions in Bermuda will have access to real-time transactions using the stablecoin pegged to the US dollar. The first stablecoin to…

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Data Shows Above 6k Crypto Powered ATMs Installed Worldwide & Majority Landed In US

Data suggests that year-to-date at least 6100 crypto-powered automated teller machines have been installed throughout the world, however, the most number of crypto ATMs landed in and are serving the…

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Bitcoin Cash Expects a Major Boost with Interest Coming from St. Kitts and Nevis

St. Kitts and Nevis are among the list of nations that are growing eager to welcome cryptocurrencies. The country situated in the Caribbean is taking a great amount of interest…

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New Bill Submitted At Russian Parliament To Approve Cross-Border Transactions In Crypto

A new bill that has been recently proposed at the Russian Parliament for approval revolves around cross-border cryptocurrency transactions. According to the reports, the bill seeks legislative approval, which would…

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Since The Latest Dogecoin Surge, Crypto Whales Hoarding 3 Main Altcoins

  It’s no secret that crypto whales play a crucial role in determining the fate of various tokens in the crypto market. Last week, various tokens experienced a rally, led…

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Latest Data Suggests that Number of Bitcoin ATMs Keeps Rising in Moscow

  With time, the interest of the people is constantly rising in cryptocurrencies. This is the reason why the number of automated teller machines (ATMs) offering cryptocurrency services is rising…

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Coinbase Gets Necessary Regulatory Approval To Start Operating In Singapore

Coinbase has been making some very impressive moves in the crypto space, as it is really starting to expand outside the realm of most types of crypto exchanges. It is…

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Analysts Anticipate Crypto Market Bull Run In 2022 As Bitcoin Price Races Past 48k In The Last Hours Of 2021

With the end of the year around the corner, Bitcoin has surged by more than $1500 in a few hours. Virtually all Altcoins have also re-corrected their price to mirror…

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Institutional Investors Backing Bitcoin Are Confident It Will Bounce Back

Following last weekend's plunge, the crypto market entered a downturn. As if that weren't enough, the sentiment in the digital markets, particularly for Bitcoin and altcoins, remained bleak. The digital…

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Bank Of Russia Intends To Charge Fees For CBDC Operations In The Future

The Russian monetary authority is continuing to reveal more specifics about its future digital currency, and it is now rumored to be considering having charges on digital Ruble operations to…

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Paypal Records The Highest Volume Of Bitcoin Transactions Since The May BTC Price Fall

Bitcoin transaction volume on the worldwide financial service platform, PayPal, hit $145.60 million on October 20, just as the standard cryptocurrency surged toward a new all-time high of around $67,000.…

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