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AllianceBernstein has affirmed that blockchain-based technology will effectively enhance the industry-leading research and investment solution to investors, giving a transformative outlook alongside operational agility. A press statement disclosed that the internationally recognized asset management firm, AllianceBernstein Holding L.P. is operating with Allfunds Blockchain to align its mode of operation
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Cosmos (ATOM), the native token of the eponymous blockchain network has gained 12% in the last 24 hours. At the time of writing, ATOM currently trades at $11.430. The 27th largest cryptocurrency based on market capitalization is still trading 74% down from its September 2021 all time high, ATOM/
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The Bitcoin accounts of over 100,000 traders have been liquidated after the largest cryptocurrency based on market capitalization tanked below $36,000 in the Asian early hours. This development comes just a day after the US Federal Reserve revealed in its new policy that interest rates will be increased
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In the last month, Cardano has recorded massive activity on its network, with 100,000 new wallets and 400 new projects developed. Cardano is a decentralized blockchain developed by the co-founder of Ethereum, Tim Harrison. The network aims to address the scalability issues of the Ethereum blockchain. According to a
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Even though the majority of the cryptocurrency market remained bearish during the week, XRP emerged one of the top gainers. XRP had traded at a low of $0.71 at the beginning of the week before gaining as much as 9%, rallying to $0.7937 during the intraday trading. Ripple’
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There are currently fears that Bitcoin may slip below $40,000 as institutional traders, otherwise known as whales, have continued to syphon more of the coins from exchanges. At the time of writing, Bitcoin is trading at $40,468. BTC/USD 24 hour trading chart (Source: Trading view) Commenting on
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Regulatory authorities in China have issued a warning to non-fungible token (NFT) investors, alerting them of the hidden risks associated with these assets. The warning was issued by three regulators - the China Banking Association, the China Internet Finance Association and the Securities Association of China. The alert urged authorities
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Virgil Griffith, a former developer with the Ethereum Network has been handed a 63-month jail term and fined $100,000 after he helped North Koreans use cryptocurrencies to evade sanctions. The developer was arrested in November 2019 after he made a speech at a conference in Pyongyang in April of
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AC Milan, an Italian professional football club, has collaborated with BitMEX cryptocurrency exchange to launch its first-ever non-fungible token (NFT). According to the club, proceeds from the NFTs will be given to the charity arm of the club - Fondazione Milan. This edition which is said to be limited will
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On April 4, 2022, the United Kindom unveiled several strategies in a bid to make the nation the global crypto technology hub. These initiatives cut across the regulation of stablecoins, as well as the Royal minting of a non-fungible token (NFT), with the support of the Financial Conduct Authority, of
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Bitcoin, on April 1, 2022, hit a 19 million mining milestone, leaving only 2 million coins to be mined over the next 100 years. Bitcoin was created with a circulating supply of 21 million and 12 years after the first block (comprising 50 coins) was mined, the 19millionth Bitcoin (block
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The world's highest-rated crypto by market capitalization, Bitcoin temporarily hit a $48,000 price value, recording the eighth day of the consecutive increase. This move is another justification for a repossessed upward movement after the flare-up from its price ceiling of about $42,500 on the 22nd of