CryptoLandβ„’ Signal | Analysis | News
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Real-time crypto signals, analysis & news.
Data-driven insights for smarter trading.

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πŸ’  U.S. crypto exchanges see no increase in activity despite stimulus checks

πŸ–‡ Crypto exchanges have not witnessed increased trading activity following the recent $1.9 trillion stimulus funding from the U.S government. This development has caught the attention of the crypto community with prior stimulus funding resulting in a surge of crypto purchases on exchanges.

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πŸ’  This Norwegian billionaire used to hate Bitcoin. now he's an investor

πŸ–‡ Nine days ago, billionaire investor ystein Stray Spetalen used his platform at the DNB Invest conference to denounce Bitcoin as a β€œnonsense currency.” Now he’s not only bought his own stash of the currency, in addition to investing in Norway's largest Bitcoin exchange MiraiEx, according to Norwegian publication Finansavisen.

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πŸ’  Think of NFTs as the birth of the virtual economy

πŸ–‡ The world is racing toward a virtual future, where digital objects have real value. NFTs are the next step in this evolution.

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Forwarded from Bridge Oracle
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πŸ’  Indian gov: companies must disclose crypto holdings

πŸ–‡ Companies incorporated in India are required by law to disclose crypto holdings, as of April 1. Indian crypto industry representatives told Decrypt the news is positive but has no bearing on the tabled motion for an outright crypto ban.

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πŸ’  NFTs are not just for art

πŸ–‡ Some believe the hype around million-dollar NFT art and digital collectibles is warranted, with new use cases sure to emerge.

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πŸ’  Bitcoin HODLers are not selling

πŸ–‡ According to on-chain data from Glassnode, Bitcoin supply that has not moved for over two years has hit a 3-month low, indicating conviction from long-time HODLers.

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Forwarded from Bridge Oracle
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πŸ’  Fake Bitcoin sellers steal close to $500K from victims

πŸ–‡ As bitcoin’s price continues to increase, scammers and con artists abound. Two suspects have been accused of stealing almost $500,000 from unsuspecting victims in fraudulent bitcoin transactions in Hong Kong.

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πŸ’  New Zealand fund manager reveals its Bitcoin investment last year

πŸ–‡ A New Zealand fund manager named KiwiSaver Growth Strategy invested $17.5 million in Bitcoin when the price was around $10,000 in October 2020.

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Forwarded from Bridge Oracle
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πŸ’  Circle launches credit card payment solution for the NFT market

πŸ–‡ Circle plans to accelerate the mainstream adoption of non-fungible tokens (NFTs) by launching a credit card payment solution for NFT platforms.

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πŸ’  Crypto mergers and acquisitions doubled in 2020

πŸ–‡ The total volume of mergers and acquisitions in the crypto industry more than doubled from $481 million in 2019 to $1.1 billion in 2020, PwC said in a Monday market overview.

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πŸ’  PayPal launches crypto checkout service

πŸ–‡ PayPal Holdings Inc will announce later on Tuesday that it has started allowing U.S. consumers to use their cryptocurrency holdings to pay at millions of its online merchants globally, a move that could significantly boost use of digital assets in everyday commerce.

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πŸ’  World’s first clean energy Bitcoin mining pool launches

πŸ–‡ London-based cryptocurrency firm Argo Blockchain recently announced plans to create the world’s first clean energy Bitcoin mining pool. The firm confirmed its partnership with DMG Blockchain Solutions to launch the world’s first Bitcoin mining pool powered by clean energy.

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πŸ’  The craze for tokenized digital art is only growing

πŸ–‡ Saturday Night Live did a skit about non-fungible tokens last night, proving that the latest craze in digital art and collectibles has well and truly entered the pantheon of pop culture.

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πŸ’  Acala Network secures first Rococo parachain slot

πŸ–‡ The Polkadot ecosystem continues to progress, with DeFi platform Acala Network becoming the first to win a parachain slot on the Rococo testnet.

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πŸ’  Uniswap’s daily fee generation tops Bitcoin’s by 50%

πŸ–‡ According to the data tracking website, CryptoFees, the leading Ethereum-powered decentralized exchange Uniswap has generated more than $4.8 million worth of fees over the past 24 hours. This has propelled the automated market maker into second place above Bitcoin β€” which has generated just $3.1 million.

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πŸ’  MLB team will HODL Bitcoin received from suite sales

πŸ–‡ Dave Kaval, president of Major League Baseball’s Oakland Athletics, says the ball club will be HODLing any Bitcoin that fans pay for luxury seats at the team ballpark in the San Francisco Bay Area.

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πŸ’  Institutional inflows into crypto hit lowest levels since October

πŸ–‡ Capital flows into cryptocurrency investment products rose again last week, though the pace of growth has slowed since the start of the year, possibly marking a local top in institutional demand.

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πŸ’ XRP holders get green light for motion to intervene in SEC vs Ripple case

πŸ–‡ XRP tokenholders who have sought the right to intervene in the ongoing case against Ripple Labs by the United States Securities and Exchange Commission, or SEC, have been given the green light by the district judge of the court of the Southern District of New York.

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