CryptoLandβ„’ Signal | Analysis | News
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Real-time crypto signals, analysis & news.
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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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πŸ’  Banks take a beating as Bitcoin surges on Archegos sell-off

πŸ–‡ It was a bruising day on Wall Street for big banks exposed to the Archegos sell-off on Friday, but Bitcoin and crypto have been beneficiaries of the turbulence.

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πŸ’  Bitcoin bull flag suggests price will explode beyond $70,000

πŸ–‡ Bitcoin checks almost all the requirements that suggest it is in a bull flag pattern. First, its preceding trend is upward. Second, it is trading in the area defined by the Flag’s two parallel trendlines. And third, its net bearish retracement compared from the Flag top is shy of 19 percent (a pullback of more than 50 percent tends to invalidate the flag theory altogether).

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πŸ’  Uniswap trading volume exploded by 450% to $7 billion

πŸ–‡ Trading volume on decentralized exchange Uniswap has jumped 450% over the last 24 hours. Total volume, per statistics on Uniswap.info, is $7.17 billion, compared to $1.6 billion yesterday. The previous daily record was $2.19 billion on October 26, 2020.

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πŸ’  Three-quarters of circulating BTC last changed hands for less than $10,800

πŸ–‡ Research from on-chain analytics provider Glassnode has found that roughly three-quarters of circulating Bitcoin last moved on the blockchain when prices were below $10,800, suggesting most market participants are long-term holders.

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πŸ’  Cosmos launches IBC standard

πŸ–‡ The self-described β€œInternet of Blockchains,” Cosmos, has launched its Inter-Blockchain Communication standard, or IBC, enabling crypto assets to be transferred easily between independent blockchains.

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πŸ’  Bitcoin has won over institutional investors: could governments be next?

πŸ–‡ The same financial firms and institutions that once doubted Bitcoin are now its biggest supporters in 2021. Will governments start investing in BTC as this trend continues?

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πŸ’  UK authorities to focus on stablecoin regulations to prevent monopolies

πŸ–‡ John Glen, the United Kingdom's financial services minister, has said that stablecoins will be the main focus of the government’s crypto regulatory activity. For Glen, the U.K.’s decision to prioritize stablecoins over regulating the broader financial market is due to fears of monopolies emerging in the market based on the limited number of participants offering fiat-pegged cryptocurrency payment services.

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πŸ’  Ripple acquires stake in cross-border payments firm

πŸ–‡ Ripple has agreed to acquire a 40% stake in cross-border payments firm Tranglo to further expand its ODL service in Southeast Asia.

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πŸ’  Bitcoin targets record highs after β€œstrongest dip-buying” of the year

πŸ–‡ The selling pressure seen over the past few weeks was met with buying from large BTC whales. Now, the flagship cryptocurrency faces little to no resistance ahead that will impede it from rising to new all-time highs.

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πŸ’  Mogo offers Bitcoin cashback on home loans

πŸ–‡ Canadian firm Mogo Inc. has launched Bitcoin cashback on mortgages and home loans. Mogo's CEO says it is a way for customers to start accumulating Bitcoin.

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πŸ’ Canadian regulators issue guidance note for crypto trading platforms

πŸ–‡ The Canadian Securities Administrators (CSA) and the Investment Industry Regulatory Organization of Canada (IIROC) yesterday issued a notice outlining the steps that local cryptoasset trading platforms (CTPs) need to take in order to comply with the country’s regulations.

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πŸ’  BNY Mellon weighs controversial Bitcoin valuation model

πŸ–‡ BNY Mellon has taken on the difficult task of evaluating different methods of valuing Bitcoin in a March investment report, And in doing so, it's spotlighted controversial stock-to-flow (S2F) model thatβ€”if correctβ€”would see Bitcoin’s price hit $100,000 to $288,000 this year.

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πŸ’ CME Group set to launch Micro Bitcoin futures

πŸ–‡ The Chicago Mercantile Exchange, or CME, has unveiled plans to launch a new Bitcoin (BTC) derivatives product that will enable traders to speculate on fractional units of the flagship digital currency.

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