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April has been a historically good month for the cryptocurrency market. This April is starting out much of the same. With Bitcoin creeping back up to the $60,000 range and Ethereum hovering above $2,000.The global crypto market cap is within reach of $2 Trillion.
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The European banking giant, notorious for laundering money for drug kingpins and Ponzi schemers, told one of his clients that he could not buy or purchase MicroStrategy (Ticker: MSTR) stocks via their investment portal. A Nasdaq-listed firm, MicroStrategy operates as a business intelligence agency but has lately forayed aggressively into the Bitcoin market by buying $2.26 billion worth of BTC in multiple rounds.
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Los Angeles (CoinChapter) - Major cryptocurrency exchange Binance announced that it will support the activation of the Filecoin (FIL) network hardfork upgrade. The update will occur on Monday, April 12, at 10 p.m. UTC, when block 665280 is added. It is designed to ensure that all sectors (including "outdated" ones) are treated by Filecoin (FIL) mechanisms equally. Among the changes …
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Los Angeles (CoinChapter) - Hong Kong-based tech company Meitu announced that it has purchased an additional 175.67798279 Bitcoin valued at approximately $10 million. The coins were bought at an average price of $57,000. Meitu now holds roughly $100 million worth of cryptocurrency split between Bitcoin and Ether. Since the start of March, the firm has purchased 940 Bitcoin (valued at …
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Yerevan (CoinChapter.com) — Hester Peirce, the US Security and Exchange Commission's commissioner, stands behind her belief that the regulatory watchdogs cannot ban cryptocurrencies such as Bitcoin, Ethereum, Cardano, and many others. The "Crypto Mom" said during a panel discussion hosted by MarketWatch that her tenure as the top US securities regulator would bring clarity to the cryptocurrency sector about their …
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Yerevan (CoinChapter.com) — The US dollar index (Ticker: DXY) has pursued a road to recovery after logging a rough performance in 2020. It closed the pandemic-laden year down more than 6 percent. But entering 2021, things are turning in favor of the global safe-haven asset as investors assess the prospects of faster than expected economic recovery in the US, which they …
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