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Stablecoins are Starting Traction to See Outward of Crypto Exchanges

The statistics are a change from previous times when the majority of Tether (USDT) would sit at Bitfinex or other crypto exchanges and not see much on-chain usage at all, in part because Bitfinex was the main exchange where they had real liquidity and in part because it was the best place to trade with them. That has changed in recent times, with Bitfinex implementing Tether neutrality, and other stablecoins entering the market. According to statistics published in Diar, stablecoins have seen more than 1000% increased transaction activity on-chain since September. This is not…

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Innovation Society of the Government of South India to Promote Blockchain Development

In particular, native major tech firm and blockchain development company Tech Mahindra’s Eleven01gets a lot of love in the region. They’ve now entered a partnership with APIS to promote blockchain in using all means necessary everything from events to educational and mentorship programs. In the southern state of Andhra Pradesh, where they have the APIS – Andhra Pradesh Innovation Society, blockchain is being actively promoted at various levels of government. It seems not every government official in India has an eye toward draconian or restrictive blockchain regulation, as we’ve seen this year from…

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Market Down By $6 Billion:Bitcoin Loses 3% As Cryptocurrencies Drop Again

Bitcoin, which seemed to be demonstrating a fairly strong price movement in the last two days from November 28 to 29, experienced a $150 price drop, becoming vulnerable to falling below the $4,000 mark. In the past 24 hours, the cryptocurrency market lost more than $6 billion, as its valuation dropped from $142 billion to $136 billion. Large market cap cryptocurrencies like Bitcoin (BTC), Ethereum (ETH), Ripple (XRP), and Bitcoin Cash (BCH) have dropped in value once again. Thus, Over the past 24 hours, tokens recorded losses in the range of 10 to 15 percent,…

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Why Bitcoin Cash With BCH Ticker are Granting Major Crypto Exchanges

The hash power war between Bitcoin Cash (BCH) and Bitcoin Cash SV (BCHSV) ended with a one-sided victory for BCH. Fast forward eight days, a growing number of leading cryptocurrency trading platforms have begun to officially adopt ABC as the original Bitcoin Cash network with the ticker BCH. Prior to the hard fork on November 15, major cryptocurrency exchanges publicly expressed support towards the roadmap set, the original Bitcoin Cash blockchain network. The Coinbase, one of the most widely utilized fiat-to-crypto exchanges in the global market, released an official statement…

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