cryptocurrency

The-USA-Leads-Crypto-Adoption-Race-With-46m-Users
The USA Leads Crypto Adoption Race With 46m Users

Cryptocurrency has the potential to be an important part of the future. The USA is leading in the adoption race. Rising acceptance rates in Africa also is being advised. In spite of the fact that cryptocurrency has the calling to be a vital part of the future, many organizations, states and individuals remain hesitant to accept this new type of currency. However, as crypto usage continues to surge, finance cryptocurrency has helped countries catch up with the leading crypto adopters such as the USA and India. Crypto is a competitive marketplace for everybody, and access is not restricted to a

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15% of Adult Indians Hold Cryptocurrency or Bitcoin
15% of Adult Indians Hold Cryptocurrency or Bitcoin

An estimated 115 million people in India are bitcoin investors. By 2030, it is projected that India’s crypto market would have a $241 million market valuation. Crypto users are perplexed by the government’s strict regulations. The results of a survey report titled “Into the Cryptoverse, India”  were released by the cryptocurrency exchange KuCoin. The analysis examines the growth of the cryptocurrency and blockchain sectors in India. Data from KuCoin, a worldwide cryptocurrency exchange, claims that despite the government’s anti-crypto stance, India has an estimated 115 million (which adds up to 15% of the country’s adults), cryptocurrency investors, with a “sentiment

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IOHK-and-NMKR-Collaborate-to-Promote-NFT-Adoption
IOHK and NMKR Collaborate to Promote NFT Adoption

Input Output Media has launched a new collaboration. They are creating a Minting app for a new NFT ecosystem. They also have a new FIAT payment option, lettings users pay using cryptocurrencies. The Cardano blockchain’s creator, InputOutputHK (IOHK), and NMKR, the top NFT minting and payment infrastructure on Cardano have announced a new partnership to promote the use of NFTs. New fiat payment methods developed by NMKR will be incorporated as a result of this partnership. This indicates that consumers can make payments using cryptocurrency as well as conventional currencies. As a result, everyone around the globe will be able

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Crypto-Market-Retraces-Leading-Up-to-IRA-Implementation
Crypto Market Retraces Leading Up to IRA Implementation

Despite a bullish weekend, the crypto market is experiencing a retracement. This may be due to the imminent promulgation of the Inflation Reduction Act. Regardless, crypto investors are filling their bags. The cryptocurrency market is currently suffering a retracement despite an impressive weekend, where most of the leading coins and tokens were able to recapture bullish territories. For instance, Bitcoin (BTC) is back at $24,100 despite briefly touching the $25,000 ceiling. Ethereum (ETH) is also changing hands at $1,901.40 at the time of writing despite hitting $2,000. This is despite the fact that the number of ETH holders is increasing

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Revolut-to-Offer-Crypto-Services-in-Cyprus
Revolut to Offer Crypto Services in Cyprus

Cyprus has granted Revolut the first cryptocurrency license. Revolut also announced that it was doubling down on its crypto strategy. A number of other significant global cryptocurrency startups are based in Cyprus. Revolut has received the first cryptocurrency permission from the Cyprus Securities and Exchange Commission, creating a new European crypto-asset hub to serve its 17 million European consumers with further cryptocurrency services. As the EU’s new crypto regulatory guidelines MiCA take effect, the neo banking platform-turned-“super app” is establishing its European base, but it is still pursuing a license from the UK’s Financial Conduct Authority. Revolut will be able

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Bitcoin Hits 25K, Can Soar to 28K, Analyst Says
Bitcoin Hits 25K, Can Soar to 28K, Analyst Says

Bitcoin hits $25,000 level for the first time in nine weeks. The largest cryptocurrency retested $25k thrice before staying at 24k level. Yesterday’s increase has received mixed comments from financial analysts. On late Saturday, Bitcoin hit the $25,000 level for the first time since June 13. The largest cryptocurrency by market capitalization retested the $25,000 resistance level three times after drawing back to $24,000 level. This means that $25,000 is the new key resistance level for BTC. Even though Bitcoin has slowly walked up from the 20,000 level to 24,000, the largest cryptocurrency is still down 64% from its November

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Falling-US-Inflation-Rate-Proves-Boon-for-Crypto-Market
Falling US Inflation Rate Proves Boon for Crypto Market 

The US inflation rate is below its 8.7% estimation.  Many are relieved to see this, especially those hoping for a crypto market surge.  The crypto community is convinced that a crypto price surge is on its way. Crypto community justifies how the fallen US inflation rate will boost crypto activity. The community claims that since the US inflation rate has come back to below estimate, crypto investing and trading will be on the rise again.  Recently, the US CPI announced that its inflation rate fell from a high of 9.1% in June to 8.5% in July. This is especially significant

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Bitcoin-is-Up-Amid-FED-Rate-Increase-and-Recession
Bitcoin and Cryptocurrency Will Outperform Other Technologies

A chart on Twitter compared Bitcoin’s technology to other technologies.  The chart explains how new Bitcoin technology is in comparison to other technologies.  It highlights the high potential of Bitcoin technology and incites thoughts of its possibilities. An interesting observation led to a sparking discussion on crypto Twitter. In detail, Bitcoin Magazine shared a graph on Twitter that led to a conversation about the speed at which Bitcoin and its technology would and is being adopted.  As we can see from the graph in the tweet, Bitcoin Magazine draws attention to how new Bitcoin (BTC) is in terms of technology.

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bitcoin-btc
Down With Fiat, Bitcoin Blesses Developing Countries

Bitcoin (BTC) and cryptocurrency proves a blessing to developing nations.  Reddit users express how crypto transfers can and have changed their lives. It offers a steady option that local banks fail to deliver. Bitcoin came to be to give the world a fair chance at financial freedom and equality. So far, Bitcoin adoption has brought in incredible change around the world. Yet, there are still many who are skeptical about the technology as they do not understand it.  According to the Reddit thread CryptoCurrency, Bitcoin and crypto transfers will always pose a better option than fiat transactions. In detail, a

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Crypto Market Signifies Steady and Greedy Recovery
Crypto Market Signifies Steady and Greedy Recovery

Crypto analysts believe the crypto market is heading towards a ‘clean-up’ phase.  We will likely see the downfall of all shit projects and shit coins.  In return, promising new projects will flourish instead. The crypto market has been moving in a green, upward motion over the last few days. In particular, both Bitcoin (BTC) and Ethereum (ETH) have had a decent surge in their prices since the past week.  This led many crypto analysts to further study crypto charts in order to determine the possibility of reaching the bottom. After all, such news would be very welcome after the brutal

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New-York-urges-crypto-market-crash-victims-to-speak-out
New York Urges Crypto Market Crash Victims To Speak Out

The Attorney General for the State of New York has issued an investor alert. New Yorkers who have been affected by crypto frauds are strongly encouraged to report The cryptocurrency industry has been rife with scams and fraudulent behavior. Letitia James, the Attorney General for the State of New York, has issued an investor alert warning anyone harmed or misled by the cryptocurrency crash to contact her office. Investors have been left in financial ruin as many high-profile cryptocurrency companies have halted customer withdrawals, implemented massive layoffs, or sought bankruptcy. Office of the Attorney General (OAG) is looking for New

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FIL,-ETC,-and-ICP-Boost-to-Over-+70%
FIL, ETC, and ICP Boost to Over +70%. Will You Buy or Not?

FIL, ETC, BTG, LDO, and ICP boosts market price Bitcoin nearly reached $24K USDC might flip USDT The cryptocurrency space never fails to surprise its investors with its impressive performance. Filecoin and Ethereum classic are some of the top cryptocurrencies that stormed the crypto market today. Source: CoinGecko As seen in the chart above, cryptocurrencies such as Filecoin, Ethereum Classic, Bitcoin Gold, Lido DAO, and Internet Computer recorded a huge growth rate averaging from +27% to +76% in the past 7 days. Best of all, this aggressive performance was performed by these cryptocurrencies despite the market carnage nowadays.  Meanwhile, Bitcoin,

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