Author: Shella Artillero

Since the switchover to proof-of-stake (PoS) on the Ethereum network is just around the corner, traders are hedging their bets in the futures and spot markets for cryptocurrencies in anticipation of future ether price movements on the other side of the Merge. The Ethereum Merge is regarded as the biggest update in the history of the cryptocurrency industry. The successful transition from proof-of-work to proof-of-stake will have a substantial impact on the price of ether (ETH) and bitcoin (BTC), among other things. Due to the excitement surrounding the upgrade, Ether has already outpaced bitcoin in the recent weeks. The second-largest…

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The pioneer cryptocurrency may be in a bear market in terms of price, but there are indications that it is seeing bullish adoption with regard to off-chain activity, according to noted crypto market analyst Zack Voell. According to Voell, an analyst at the Bitcoin mining software provider Braiins, supply statistics and growth trends indicate that more and more layer 2 protocols, Bitcoin-backed tokens, and other products are adopting the cryptocurrency. In highlighting layer 2 protocols that are “based on Bitcoin,” he points out the growth of the Lightning Network, Liquid Network, and RSK has been heading upward over the past…

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The Russian central bank now appears to be collaborating with the country’s ministry of finance to legalize the use of cryptocurrencies for international payments. As a result, the nation will apparently seek to allow international bitcoin payments soon. The action is a part of an effort to get around the nation’s separation from SWIFT (the international payment system) and enable payments to and from local suppliers. Russian Deputy Finance Minister Alexei Moiseev has noted that many Russians have created bitcoin wallets using foreign websites. The official insisted that Russia must take action by involving organizations governed by the central bank…

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What is the Ethereum merge and why does it matter? Here’s a look at what it all means and why it’s important. Two become one The anticipated move is a significant one for the cryptocurrency industry. It essentially comes down to how transactions are logged onto Ethereum’s blockchain, which serves as an unchangeable log of all transactions. Since 2016, there have been two simultaneously functioning versions of Ethereum. One has relied on a new method, while the other has used the conventional method of recording transactions. The two versions will be combined into one this month in order to use…

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DBS Group Holdings, Singapore’s biggest bank, wants to provide its bitcoin and cryptocurrency services to 300,000 of its wealthiest customers. In particular, DBS intends to add these larger clients to its current digital asset market, which has close to 1,000 users. Private banks, accredited investors, and other exchanges make up the bank’s targeted clientele in Asia, and they may all manage funds through the bank’s mobile application. DBS now intends to update its app, enabling clients to manage digital assets as well. According to a report, DBS did in fact claim that an improved version of the software will streamline…

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The greatest strategy for navigating the current bear market is to create a diversified portfolio of numerous different crypto assets. In order to help investors make an educated choice, we will now review five of the finest cryptocurrencies to buy right now. 1. Overall Best Crypto to Buy Right Now: Tamadoge Tamadoge is the top cryptocurrency on our ranking of the best ones to buy right now. We admire this project because it has long-term development goals and a play-to-earn (P2E) cryptocurrency game as its main focus.  Players will use the Ethereum blockchain to mint a virtual pet NFT in…

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BnkToTheFuture, an online investing platform, has agreed to acquire Salt Lending for an undisclosed sum in order to enable customers to borrow money against their cryptocurrency holdings as lenders like Celsius Network and Voyager Digital halt withdrawals and seek bankruptcy protection. The company, which enables qualified consumers to invest in cryptocurrency businesses, security tokens, and alternative financial products like retirement plans with a bitcoin focus, said it also wants to assist distressed lending platforms and their clients. It declined to provide more details. It maintains a 5% share in Celsius and has put out a restructuring offer. According to those…

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There are several methods if you want to obtain cryptocurrency without having to pay for it. Many aren’t really “free” at all because they require owning cryptocurrency to begin with or making a substantial time and money investment, such as staking or mining. There are other choices, though, and the crypto faucet is one of the most popular forms of free cryptocurrency sources. So how do cryptocurrency faucets operate? What is a crypto faucet? Because they continually leak out a little quantity of cryptocurrency, cryptocurrency faucets resemble leaky taps in principle. This is why they are dubbed crypto faucets. The…

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Mt. Gox creditor Eric Wall categorically denied rumors that the entire 140,000 BTC provided to creditors would shortly be sold on the market. In reality, the payment will be made over the course of several months. One of the Mt. Gox incident’s creditors denied rumors that the now-defunct exchange paid back the entire amount of roughly 140,000 BTC all at once. Eric Wall tweeted on Aug. 28 that the payout will occur in tranches, steadily being doled out over time. He clarified that Mt. Gox is not distributing “any coins this week, or the next week, or the week after…

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The Virtual Asset Regulatory Authority (VARA) of Dubai released on Thursday emirate-wide regulatory guidelines for the marketing, advertising, and promotion of virtual assets. According to a statement, the rules apply to all forms of outreach, communications, and advertising, including the dissemination of knowledge, public awareness raising, client engagement, and/or investment solicitation. The regulations apply to all virtual asset-related communications made by any organization using media outlets, search engines, and online or offline publication platforms with a Dubai presence that specifically target consumers in the Dubai market. Dubai’s Virtual Asset Regulatory Authority (VARA), the city’s dedicated crypto regulator, reportedly announced new…

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