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Bitcoin Regains Momentum After Hitting Weekly Low at $33k


Current Crypto Market Sentiment Over the last week, the crypto market experienced a $1,369 billion dip on Monday and a $1,787 billion rise on Wednesday. A rise in Bitcoin dominance was recorded at 47.06% high on Monday that fell to 42.67% low on Thursday. Across the majors in the crypto market...

Australian Tax Office to Prompt 400,000 Crypto Holders to Report Their Gains


Australia’s revenue service has reminded a growing number of crypto investors about their tax obligations. Rejecting the common misconception that crypto gains are only taxable when coins are cashed back into dollars, the tax office is going to prompt hundreds of thousands of taxpayers...

USDC Attestations Run Late, Raising Alarms in the Crypto Community


USDC, the second most popular stablecoin in the cryptocurrency market, is late in releasing its attestations, which are documents that certify the number of dollars the custodian Centre holds in banks. The last attestation available for the currency dates back to February when the currency had...

Ethereum Price Analysis: Will Eth Recover to $2500 Soon?


Ethereum (ETH) was developed in 2014 in Switzerland and is rumored to have been more advanced since it uses Blockchain 2.0 technology. The possibilities portrayed by Ethereum far outweigh Bitcoin, and users can even use Solidity to create their personalized crypto applications using smart contracts...

Pancake Bunny Suffers Attack; Estimated Losses of $1 Billion


Pancake Bunny, a decentralized finance protocol from the house of Binance, has suffered an attack. The platform has been exploited in an attack related to its flash loan, and initial estimates pegged the total loss to be around $1 billion. As a result of this attack, the price of the BUNNY token...

Cardano Plummets Sharply After Reaching $2.47


The Cardano price movement in the past week The price pattern of Cardano’s ADA witnessed an immense surge by almost 816% in 2021 that made the market cap of the smart contract platform soar to $61 billion. It is evident from the way the value of Ether remained more or less the same over the …

ParaSwap Generates $37 Million in 24 Hours on Polygon


ParaSwap, the leading decentralized platform for traders, witnessed a profit of $34 million in 24hrs. This profit pushed the finance app to the 17th position on the dApp ranking. The token exchange, launched on Ethereum in 2020, was further positioned in the Polygon platform by April 2021....

Litecoin’s Recent Progress Hopes to Cross the $500 Mark


The crypto industry is facing global success, and Litecoin is the latest addition to the trend. LTC recently reached a market value of 383.819 dollars on Investing.com. The growth rate at that moment was 10.67% for the crypto, and it is maintaining the momentum. LTC made news by breaking...

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