Officials aims to impose a one-year moratorium and create a standard for land use. North Carolina’s Buncombe County is considering a temporary one-year crypto mining ban, according to a report from Citizen Times on April 5. Buncombe County proposes moratorium According to that report, on April 4, the Buncombe County Board of Commissioners approved a…
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Binance abruptly closed the derivatives position for its Australian users in February, citing compliance with local laws. On April 5, Oztures Trading Pty Ltd, which trades under the name Binance Australia Derivatives, submitted a request to the Australian Securities and Investments Commission (ASIC) to revoke its derivatives license. The request has been granted, according to…
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According to CZ, Binance cannot become a hybrid exchange with the current blockchain throughput Changpeng ‘CZ’ Zhao believes the crypto industry needs more decentralized exchanges (DEXs). Changpeng “CZ” Zhao, the chief executive officer of Binance, stated that the company is “not there yet” to become a hybrid exchange. CZ was answering a local area…
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Render Network says the Solana migration was necessary because of “future network growth.” Render Organization’s RNDR is up 8% as of now after the local area began deciding on a proposed movement to Solana (SOL). According to Vipkhoone’s data, the token is currently trading at $1.37 and has increased by 15.8% in the past seven…
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Ripple XRP has legally battled with the United States Securities and Exchange Commission (SEC) since 2020. According to a recent report, Attorney John Deaton has praised Uphold Exchange for its support of the Ripple community. In addition, it currently possesses a significant amount of XRP in reserve. Uphold stated unwavering support for XRP and the…
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Trader uncertainty lingers going into Shanghai upgrade, but muted optimism prevails post-event . Using Glassnode data to decipher traders’ positions, we delve deeply into the market sentiment surrounding Ethereum’s highly anticipated Shanghai upgrade. We uncover a surprising trend in market sentiment by focusing on important metrics like Open Interest, Funding Rate Spread, and Options 25…
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The second largest meme coin Shiba Inu has been displaying impressive price actions this year, sparking the interest of traders globally. After Bitcoin (BTC) and Baby Doge Coin (BABYDOGE), Shiba Inu ranked among the most viewed cryptocurrencies on CoinMarketCap’s platform in the first quarter of 2023. This report recommends that financial backers across the globe…
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Company CEO announced the suspension via a written message, noting that the suspension is likely to be permanent. Distributed trade Paxful declared it is suspending its commercial center, as indicated by a composed message by its President, Beam Youssef. Crypto influencer @callebtc shared a screenshot of the message. It said in the message: “Today, Paxful…
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ByBit and other cryptocurrency exchanges were instructed by Japan’s FSA to register before operating. ByBit, BitGet, MEXC Global, and Bitforex are four cryptocurrency exchanges that have been issued a warning by the Japan Financial Services Agency (FSA) to stop providing services to residents of the country until they obtain the appropriate licenses. The notice…
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The attorneys argued that the lawsuit has no legal basis because it is based on Musk’s “innocuous and frequently silly tweets” over time. The $258 billion racketeering lawsuit based on Elon Musk’s tweets and mentions of Dogecoin (DOGE) has been moved to dismiss by his lawyers. The attorneys argued that the lawsuit has no legal…
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