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Bitcoin Cloud Mining Platform06

25 May 23

Short-term bitcoin holders dumping coins at a loss, report reveals

Share Share on Twitter Share on LinkedIn Share on Telegram Copy Link Link copied Glassnode, a blockchain analytics firm, has released a new on-chain report indicating short-term bitcoin holders are increasingly offloading their coins on exchanges at a loss, while long-term holders remain in profit. In the ever-evolving world of cryptocurrency, understanding market dynamics and […]

Script Network SCPT02

22 May 23

Tron rallies as Q1 report shows positive results

Share Share on Twitter Share on LinkedIn Share on Telegram Copy Link Link copied Tron (TRX) is performing well for the bulls, and the asset is showing bull flags according to technical indicators provided by TradingView. Trading at $0.07826 as of press time, TRX was sitting on a daily gain of 8.2% as the asset […]

Script Network SCPT02

10 May 23

Tether’s Q1 2023 report states record $2.44b reserve surplus and $1.48b net profit

Share Share on Twitter Share on LinkedIn Share on Telegram Copy Link Link copied Tether Holdings Limited’s latest Q1 2023 assurance report, completed by global independent public accounting firm BDO Italia, reveals an all-time high of $2.44 billion in excess reserves, up $1.48 billion from the previous quarter. The achievement reaffirms the accuracy of Tether’s […]

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05 May 23

Block’s Cash App Q1 report reveals $2b in BTC revenue

Share Share on Twitter Share on LinkedIn Share on Telegram Copy Link Link copied Jack Dorsey’s Block recorded a stunning $2.16 billion in bitcoin (BTC) sales in Q1. The fintech company’s main product, Cash App, generated 25% more bitcoin income yearly. The shareholder letter states that the multi-billion dollar bitcoin revenues were attributed to an increase in […]

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21 Apr 23

XRP is the leading altcoin in South Korea, report reveals

Share Share on Twitter Share on LinkedIn Share on Telegram Copy Link Link copied XRP is now the most traded coin in South Korea in 2023, according to reports from the South Korean analytical provider firm, Kaiko. The coin’s performance can be attributed to the expected positive outcome in the ongoing SEC vs. Ripple case. […]

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19 Apr 23

Increased FUD might affect crypto prices, report says

Share Share on Twitter Share on LinkedIn Share on Telegram Copy Link Link copied A recent report by the market intelligence and analytics platform Santiment shows that the rise of fear, uncertainty and doubt (FUD) among crypto investors might soon affect cryptocurrency prices. Over the last five weeks, digital currency traders seem “less optimistic toward […]

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07 Apr 23

Over 99% of crypto investors don’t report taxes, report indicates

As the cryptocurrency market continues to grow, tax authorities worldwide face mounting challenges in ensuring compliance. A recent study by Divly, a crypto-tax platform, reveals that a mere 0.53% of cryptocurrency investors globally declared their crypto activities to local tax authorities in 2022. STUDY: Divly, a tax preparation service in Sweden, conducted a survey which […]

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06 Apr 23

Ripple wins big in US-Mexico transfers based on Bitso’s report

According to the 2022 report, Bitso highlighted that they processed about $3.3 billion between US and Mexico, using XRP and others. XRP moves $3.3b in US-Mexico settlements Cryptocurrency has gained momentum recently, acquiring different utilities across different jurisdictions. The most recent info is about the Ripple network. Bitso, a popular crypto exchange in Mexico, recently […]

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24 Mar 23

CNBC report shows how Chinese Binance customers bypass crypto bans

CNBC has released an investigative piece on Binance citing allegations of allowing its Chinese customers to override the country’s cryptocurrency trading ban. According to the article, Binance staff and volunteers have taught others how to trick the exchange’s know your customer (KYC), residency, and verification processes and how to get a Binance debit card by […]

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23 Mar 23

Dorsey’s Block stock plummets after alarming report

Block Inc.’s stock currently trades at $62.66, experiencing a loss of 13% today and 12% over the past month. This significant fall in price followed the release of an alarming report by Hindenburg Research. On March 23, Hindenburg Research revealed short positions in Block Inc. (SQ.N) and accused the Jack Dorsey-led payments company of overstating […]

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