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The U.S. dollar index could rally further in the coming weeks, which is typically bad news for Bitcoin. The U.S. dollar's ability to continue its rally in Q2 could prove fatal for Bitcoin (BTC), which has demonstrated an inverse correlation with the dollar since January 2022. BTC/USD daily price chart featuring correlation with DXY. Source: TradingView Dollar...

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This is the largest fund the HBAR Foundation has launched to date, a statement of intent for their aspiration in the tokenized economy and metaverse space. The HBAR Foundation, a not-for-profit independent organization of distributed ledger firm Hedera Hashgraph, has announced the establishment of a $250 million dollar metaverse fund to drive consumer brand...

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The crypto community’s true impact shone through as a fellow crypto user battling a cancer diagnosis received broad support and financial contributions toward his treatment therapy. When a respected member of Crypto Twitter and the Deadfellas nonfungible token (NFT) community detailed the immense financial burden of his cancer treatment, the crypto community...

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CryptoVoxels will be the home of the Spells of Genesis trading card exhibit as NFT galleries become increasingly commonplace in the metaverse. Thursday marks the fifth anniversary of Spells of Genesis (SoG), generally regarded as the very first play-to-earn blockchain game. EverdreamSoft, the game studio behind SoG, first distributed many of the game's trading...

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Veteran trader Scott Melker breaks down his crypto portfolio and explains why layer-1 protocols should play a central role in everyone’s investment strategy. Scott Melker, veteran trader and pocaster, is convinced that major layer-1 protocols should be part of everyone’s investment portfolio. Instead of picking individual crypto projects, such as NFTs or...

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One of Australia’s biggest banks is still wading through a sea of red tape spun by local financial regulators before launching its crypto products to all of its retail users. Financial regulators are standing in the way of expanded crypto services on Commonwealth Bank of Australia’s (CBA) mobile application. In an Australian first, the bank aims to grant all of...

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Why do you need a hedge against inflation? How effective is Bitcoin as a hedge against inflation? Let us first understand what inflation is and how useful the other stuff is to deflate it. With inflation in fiat-based economies a given, experts and even regular people have been looking for an investment or a tool that works as a hedge. Gold, stocks and real...

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Regulations, exchanges and local adoption help cryptocurrencies gain traction in Indonesia. Crypto is the next big thing in Indonesia. According to the Ministry of Trade, transactions for currencies like Bitcoin (BTC) grew over 14 times from a total of 60 trillion rupiahs ($4.1 billion) in 2020 to a total of 859 trillion rupiahs ($59.83 billion) in 2021. It’s...

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With the dramatically expanding creator economy, NFTs and Web3 are becoming the tools for giving artists and musicians more financial stability and control. The music sector hit record revenues at $25.9 billion in 2021, which amounts to an 18.5% growth from 2020, according to IFPI’s “Global Music Report.” Of these nearly $26 billion, streaming drove the bulk of...

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SOL price enters overbought territory but history shows that bulls are not scared of Solana's excessive valuations. Solana (SOL) jumped past a critical resistance level that had limited its recovery attempts during the November 2021-March 2022 price correction multiple times, thus raising hopes of more upside in April. Solana flips key resistance to support To...

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While initial reports suggested that a cold wallet linked to Mt. Gox transferred 6,800 BTC, F2pool founder later confirmed that the address was associated with the early miners of F2Pool, and not Mt. Gox. A recent whale alert misassociated an F2pool cold wallet with Bitcoin (BTC) exchange Mt. Gox, which transferred 6,800 BTC to an unknown wallet just days after...

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All that keeps Bitcoin price action from its next milestone is a fresh dip below $45,000. Bitcoin (BTC) consolidated above the 2022 yearly open on April 2 after a return to form briefly saw bulls reclaim $47,000. BTC price holds "crucial" long-term support Data from Cointelegraph Markets Pro and TradingView showed BTC/USD circling $46,600 Saturday on the back...

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Bitcoin’s hash rate maintained a stronghold throughout the year as it compliments the new ATH for BTC network difficulty. Just when the Bitcoin (BTC) miners helped release the 19th millionth BTC in circulation on Friday, the BTC network’s mining difficulty reciprocated by reaching an all-time high of 28.587 trillion. Bitcoin’s network difficulty correlates to...

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The heavy sanctions on Russia extend to crypto, and here is a deep dive into the legal infrastructure behind them. In her monthly Expert Take column, Selva Ozelli, an international tax attorney and CPA, covers the intersection between emerging technologies and sustainability, and provides the latest developments around taxes, AML/CFT regulations and legal issues...

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Many pieces from establishment media outlets seem to fundamentally misunderstand what DAOs are and how they may operate. The New York Times: “Reality Intrudes on a Utopian Crypto Vision.” Bloomberg: “The Next Crypto Bust May Be Spelled D-A-O.” The Guardian: “Are blockchain-based DAOs really a utopian revolution in the making?” Seemingly every week, another...

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Following up on a recent executive order signed by President Joe Biden, the OSTP reached out to the general public to identify the energy and climate implications related to digital assets. The Office of Science and Technology Policy (OSTP), an Executive Office of the President of the United States, commenced a study to identify the scope for offsetting energy...

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Recent geopolitical developments have upended the ethics and self-image of crypto. What does that mean for its future? Last month, cultural critic Alison P. Davis published an article in The Cut titled “A Vibe Shift is Coming. Will Any of Us Survive It?” The “vibe shift” Davis was referring to had nothing to do with crypto. She was referring to a sea change in...

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Certain Coinbase users will need to disclose recipient information when sending cryptocurrencies to non-Coinbase wallets. Citing compliance with local jurisdictions, crypto exchange Coinbase announced to soon collect additional information from users based in Canada, Singapore and Japan. Effective from April 1, Coinbase users from Canada, Singapore and Japan...