Category: Cryptocurrency News

As liquidations cascaded, Solana went down again. https://status.coinbase.com/incidents/nd9hh1yz3dk3 Coinbase says network wide degraded performance One of the main oracles of Solana, Pyth Network is broken and is not able to tell the prices of assets across the network. https://pyth.network/markets/#SOL/USD As a result, many services running on Solana are either broken or are going to liquidate…
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The Central Bank of Iran soon plans to launch the pilot phase of its digital currency project, an official unveiled. The Islamic Republic hopes to a join a growing club of nations that want to take advantage of having a sovereign coin, while it also seeks to implement blockchain technology in other areas. Iran to […]

This crash is triggered by many factors. Bitcoin is already at 35k$. We are yet to see Feds increasing the interest rates which they have to increase to curb the inflation Prediction is that this decision will come by march so during Feb to March the chances that crypto prices will increase during this time…
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Hello Guys!! Bitcoin price has fallen below $36k Trading comes with its own risk nearly $874M got liquidated in 24 hours. In the past 24 hours , 252k traders were liquidated. BTC : $304M ETH: $254M SOL: $28M DOT: $20M LUNA: $17M FTM: $11M XRP: $11M ATOM: $10M Most trader got liquidated on Bitcoin followed…
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I DCA’d throughout 2017-2020 and had a “small” bag of 55 ETH in early 2020. During that time I considered it small quite frankly. I stressed out during that COVID dip where I thought I could time the market and sold the full bag, hoping to buy it back for even cheaper. Even when it…
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When I try to do my tax, I downloaded the statement from Coinbase as .csv file. The first sentence from the csv file: "You can use this transaction report to inform your likely tax obligations. For US customers, Sells, Converts, and Rewards Income, and Coinbase Earn transactions are taxable events. For final tax obligations, please…
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President Nayib Bukele confirmed that the purchase of 410 BTC was made against $15 million, placing the trading price at approximately $36,585 per BTC.

The European Union needs to ban the mining of cryptocurrencies using the Proof-of-Work mechanism because of its impact on the environment, said Eric Teden, deputy chairman of the European Securities Market Supervision Authority (ESMA), in a conversation with the Financial Times. According to Teden, bitcoin mining has become a "national problem" in Sweden. He added…
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