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Bitcoin, Ethereum and Altcoins Start Recovering


recovering higher. ETH climbed above USD 3,300 and it might attempt a break above USD 3,400. XRP is still facing a major resistance near USD 1.10 and USD 1.12. ADA is stuck near USD 2.40, with a dece

Bitcoin and Ethereum Eye Recovery, Altcoins Stable


uld eye a short-term recovery. ETH tested USD 3,150 and it is now trading above USD 3,300. XRP must clear USD 3,400 to start a steady recovery wave. ADA is facing resistance near USD 2.50 and USD 2.55

Iran Shuts Down More Illegal Crypto Farms, Bringing Total to Over 5,300


Authorities in Iran are continuing their crackdown on unauthorized cryptocurrency mining as electricity demand remains high. The country’s power utility company has so far closed down more than 5,300 illegal mining facilities, seizing an enormous amount of coin-minting machines. Power...

Global Crypto Adoption Up 2,300% in Two Years - Chainalysis


Crypto adoption as of the end of the second quarter 2021 has been up by more than 2,300% compared to Q3 2019 on a global basis, and over 881% in the last year, according to a report by blockchain analysis firm Chainalysis. The variations show adoption as a global phenomenon, but the report states...

Chinese Bank Employees Told to Entice 300 Customers to Use the Digital Yuan


In mid-May, a report stemming from residents in Shenzhen, China explained that the digital yuan wasn’t seeing widespread participation, which the Chinese government has alluded to in many press releases. Now a handful of China’s state-owned banks have asked staff to recruit 200 to...

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