Cryptocurrency Market

New Hampshire governor establishes new commission to study crypto

KuCoin CEO dismisses rumors of halting withdrawals, reserves right to legal action  

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Cryptocurrency exchange KuCoin today denied “rumors” suggesting that the company might halt withdrawals owing to losses suffered amid recent market turmoil.  Johnny Lyu, the CEO of KuCoin, tweeted that he was not sure who was spreading such rumors or what their intentions might be, but that KuCoin “does not have any exposure to LUNA, 3AC, …

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Bitcoin registers its worst quarter in 11 years amid crypto market tumult

Bitcoin registers its worst quarter in 11 years amid crypto market tumult

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Bitcoin registered its worst decline in 11 years during the second quarter amid the crypto market downturn. Following the turbulence of May and June, the 56% drop was its worst quarterly drawdown since the third quarter of 2011. At the time of writing, bitcoin was trading hands at $19,452 according to data via CoinGecko. …

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From soup to nuts of 'agreement reached on European crypto-assets regulation'

From soup to nuts of ‘agreement reached on European crypto-assets regulation’

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As the rest of the cryptocurrency market gradually moves on from the aftermath of the collapse of Terra’s LUNA and UST, regulators across the globe have become increasingly skeptical of digital assets and the risks they pose to investors. On 30 June, the European Commission, lawmakers within the European Union (EU), and member states reached …

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LUNC's +107%, and USTC's +320% rise in past 55 hours could mean...

LUNC’s +107%, and USTC’s +320% rise in past 55 hours could mean…

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The month of May witnessed the epic Terra, now Terra Classic [LUNC] collapse. This triggered massive liquidations in the crypto market. Many investors lost a significant portion of their earnings as tens of billions were wiped off the market in a matter of days. Needless to say, crypto holders were perplexed over the future of …

LUNC’s +107%, and USTC’s +320% rise in past 55 hours could mean… Read More »

US Patent and Trademark Office hosts blockchain event series

US Patent and Trademark Office hosts blockchain event series

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The U.S. Patent and Trademark Office will host monthly webinars on topics including intellectual property in the metaverse and patent eligibility in blockchain, the office announced on its website.  The sessions are designed to allow attendees to learn about blockchain and intellectual property, “dream with them about their future goals, and gain an understanding …

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Remember ICOs? You Would Have Made a Fortune if You HODLed; Bitcoin Slogs Toward $20K

Remember ICOs? You Would Have Made a Fortune if You HODLed; Bitcoin Slogs Toward $20K

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CoinDesk found that if you were to buy, and HODL, a broad selection of blue chip ICOs (data was measured in late May 2022) you would have done spectacularly well to the tune of a return of 819%. This would have blown away most other investments one could have made, including buying Nvidia’s stock, one …

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