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7 Events That Could Shift the Crypto Market Landscape in an Instant


The cryptocurrency market finds itself in a challenging situation, with a mix of obstacles and potential opportunities that could influence its future positively. This editorial examines the elements that the crypto community might encounter and highlights key points to consider amid the current...

Multicoin Capital Donates $1M Solana to Pro-Crypto Candidates


Tushar Jain, co-founder of Multicoin Capital, has announced a major initiative to support pro-crypto candidates for the US Senate.  Multicoin Capital has pledged to match up to $1 million in Solana donations to the Sentinel Action Fund. It is an organization focused on electing crypto-friendly...

Mt Gox Initiates Bitcoin Repayments to Creditors


The Mt. Gox Rehabilitation Trustee has announced that repayments in bitcoin and bitcoin cash have begun for some creditors. Further repayments will occur once several conditions are met. Mt. Gox has moved significant bitcoin amounts ahead of its planned $9 billion repayment. Bitcoin’s price...

Bitcoin Technical Analysis: First Drawdown of Over 25% in 14 Months


Bitcoin’s market activity on July 5, 2024, has been marked by a persistent downtrend across various time frames, with the price currently at $55,338. Over the past 24 hours, Bitcoin’s price has ranged between $53,550 and $58,673, with a market capitalization of $1.08 trillion and...

Kucoin to Implement 7.5% VAT on Transaction Fees for Nigerian Users


Nigeria-based KuCoin users will begin being levied a 7.5% value-added tax (VAT) on transaction fees starting on July 8. Some observers believe that Kucoin’s decision to implement this tax is intended to enhance its chances of securing an operating license. A Lagos-based crypto industry player...

Wallet on Telegram Extends 50% APY for USDT Promotion


Wallet on Telegram, a third-party integrated mini wallet app for Telegram messenger, has recently sent a message to its users announcing an extension of its promotion that allows users to deposit Tether’s USDT and receive a 50% APY during the first two weeks. The app also announced that...

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