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Oryen Network shows strength, Dogecoin and Solana can’t keep up

Lately, the markets have been unfavorable for investors as most projects melt under the mercies of the bear market. Although the current times are highly volatile and uncertain, one particular project has risen to fame by offering insanely high returns for investors, regardless of the prevailing market conditions.  Dogecoin and Solana continue to struggle Dogecoin…

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The Kapital DAO supports Polychain Monsters for a scalable blockchain ecosystem

The Kapital DAO, a leading Web3 gaming management protocol, announced its partnership with Polychain Monsters. Polychain monsters is a play-to-earn gaming ecosystem enabling players to construct buildings, trade, and compete in battles full of animated monster characters. Polychain Island’s Alpha version contains a rotation-based monster game that allows players to use their digital collectibles to…

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Nano (XNO) and Solana (SOL) are increasing, but experts pick Snowfall Protocol (SNW) as the next 1000x coin!

Undoubtedly, the first six months of 2022 have been remarkably bad for the digital coin market. It’s shocking to see that the price of Bitcoin (BTC) has plunged to a mere $16,000 from $20,000 just a week or so ago. So, the market seems to be quickly losing investor confidence.  However, there is a silver…

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FP Markets adds foreign FX pairs to MT4 and MT5 trading platforms

A forex trading broker, FP Markets, has launched new foreign currency pairs that are available across CFD and FX brokers’ platforms of MetaTrader 4 and MetaTrader 5. The new launch of FX pairs targets currencies from Latin America, Africa, and Asia sovereignty traded in defiance of the US dollar. The exotic FX will include the…

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Research: Analysis of crypto transaction fees suggests exchanges prefer to move in Bitcoin

Crypto exchanges can earn revenue through various means, including lending to margin traders, liquidation fees, and on/off ramping charges. However, the core revenue generator remains taking a fee on transactions. There are multiple types of transactions and, therefore, many types of transaction fees. When comparing different transaction fees on the Bitcoin and Ethereum chains, the…

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Bitcoin records the largest miner outflow to wallets in 2 years

Miners are still facing the worst of the crypto market’s turmoil, with profits down by 80% from top levels. In the wake of mounting capitulation pressure, the  Poolin multi-asset mining platform recorded the single largest miner outflow from wallets in 2-years, involving 10,000 Bitcoins. Poolin, a popular mining pool, reportedly witnessed the large outflow,  which…

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CryptoSlate Wrapped Daily: November closes as one of the worst months for ETH or BTC, SBF claims the FTX collapse was a mistake

The biggest news in the crypto-verse for Dec. 1 includes November finishing as the second-worst month for Bitcoin and fourth-worst for Ethereum, SBF shifting blame to Alameda Research for the FTX collapse, and 15 million Bitcoin retreating to self-custody wallets, leaving only 22% of total supply liquid. CryptoSlate Top Stories November was the second-worst month…

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Fastest rate of change: 15M BTC goes into self custody

Nearly 78% of Bitcoin’s total circulating supply is illiquid, according to Glassnode on-chain data analyzed by Cryptoslate, leaving less than 22% of all mined BTC moving around and exchanging hands.  The metrics show investors have been pulling their digital assets away from exchanges and storing them in custodial wallets, to avoid selling them.  Cryptoslate delved…

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Shady meme coins blamed for spike in dead crypto projects in 2021

CoinGecko compiled dead token data on its platform since 2014, showing that 2021 was the biggest year for deactivated coins, coming in with 3,322 projects folding. Unusually, deep within crypto winter, the number of dead tokens for the current year is significantly fewer than the prior year, at 951. Source: CoinGecko.com 947 dead crypto projects…