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Reasons Behind Stablecoins Losing Their Peg

Reasons Behind Stablecoins Losing Their Peg

Learn why stablecoins cannot really stay stable This year has been one of the toughest for the cryptocurrency market. The bears managed to hit even those stablecoins that could not maintain their peg with the

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NFT Sales This Week Jumped 27% Higher, Cryptopunks Rise Above Bored Apes

NFT Sales This Week Jumped 27% Higher, Cryptopunks Rise Above Bored Apes

On Dec. 14, 2022, statistics show that non-fungible token (NFT) sales jumped 27.72% higher than NFT sales recorded last week. The Bored Ape Yacht Club (BAYC) NFT collection captured the most sales this week but

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Binance May Have Earned $21 Million on Shiba Inu and Sold 1 Trillion SHIB

Binance May Have Earned $21 Million on Shiba Inu and Sold 1 Trillion SHIB

Binance's holdings in Shiba Inu (SHIB) noticeably change in size As reported on CoinMarketCap, there has been an unexpected change in SHIB reserves on major cryptocurrency exchange Binance. Three weeks after the exchange published its

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AXS Price Spikes 6% in No Time: Possible Reasons

AXS Price Spikes 6% in No Time: Possible Reasons

Axie Infinity's cryptocurrency, AXS, prints new local high over $8.12 While crypto markets are positive today, catalysed by yesterday’s US inflation news, some tokens are outperforming their rivals: AXI Infinity’s AXS is one of them.

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Shiba Inu’s BONE up 10% as Price Gains Ground Against BTC and ETH, Here’s Why

Shiba Inu’s BONE up 10% as Price Gains Ground Against BTC and ETH, Here’s Why

BONE gaining ground against Bitcoin and Ethereum BON, the Shiba Inu’s governance token, is up 10% over the past 24 hours as its price continues to rise from the December 13 low of $0.70. At

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Nearly $800 Million in Ethereum Net Inflows Deposited to Binance: Source

Nearly $800 Million in Ethereum Net Inflows Deposited to Binance: Source

Investors seem to be moving funds back to Binance after rushing to withdraw them the other day The Bloomberg Terminal Twitter handle just shared that investors are sending funds back to Binance. Citing data company

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Bitcoin (BTC) Price Under Bearish Pressure, Could Dip To $10k Soon! Here’s Why

Bitcoin (BTC) Price Under Bearish Pressure, Could Dip To $10k Soon! Here’s Why

In November, the U.S. consumer price index (CPI) rose 0.1% from the previous month, slower than the 0.4% pace in October. This is a sign that the Federal Reserve’s efforts to bring down inflation are

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SHIB Trading Volume Jumps 28% as New Shibarium Hint Emerges

SHIB Trading Volume Jumps 28% as New Shibarium Hint Emerges

SHIB eyes increase in trading volume at double-digit rate following lead dev's cryptic message Shiba Inu Token trading volume surged 28% during the day amid a possible new signal in Shiberium, the long-awaited Layer 2

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When Will The Crypto Markets See An Actual Bounce?

When Will The Crypto Markets See An Actual Bounce?

As the Consumer Price Index for November was announced, the leading cryptocurrencies all surged upward to trade in the green. Due to the major reduction in US inflation statistics, the largest cryptocurrency- Bitcoin- witnessed a

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Bitcoin, Ethereum Sparks High! Yet This May Not be the End of a Bearish Trend!

Bitcoin, Ethereum Sparks High! Yet This May Not be the End of a Bearish Trend!

With a slight ease in the market conditions, Bitcoin price raised significantly marking new highs. Besides, the altcoins are also following the popular crypto and managed to surge to some extent. While, the market participants

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