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Investors continue to trade LUNA despite massive drop

Investors continue to trade the LUNA token despite its big drop as the coin loses 99% of its value from $62 on May 9 to less than a cent on May 14. However, as of May 20, LUNA remains the most sought-after cryptocurrency. CoinMarketCap. With a market capitalization of $918 million, LUNA is trading at…

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Equinox Health Club accepts cryptocurrency payments

If you’re a cryptocurrency fan and like to get your heart rate up on the treadmill or bench press and lifting weights, you might want to try Equinox. As a luxury gym in New York, the company recently announced that it will allow cryptographic payments for gym memberships and merchandise. Equinox is allowing cryptographic payments…

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Switzerland is trying to help the growth of cryptocurrencies

Switzerland is a country that is doing everything to help the reputation of bitcoin. The nation is home to the city of Zug, which is home to what is known as “Crypto Valley,” a region that takes part of its name from Silicon Valley in Northern California. Switzerland is going all out for cryptocurrencies While…

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Moonbirds And Solana NFT Trading Volume Is On A Tear As Sales Rally 45%

NFT trading volume has been on a robust momentum since April and the pace is just right for May with Solana and Moonbirds NFTs such as Okay Bears triggering the increase in NFT sales volume since April. According to DappRadar, there is a monumental 45% climb in organic trading volume of NFTs in April in…

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The National Bank of Georgia will regulate the country’s cryptocurrency sector

The National Bank of Georgia is taking steps to regulate the cryptocurrency market in the South Caucasus country, its governor revealed in a recent interview. While companies in the industry expect a licensing regime, financial institutions have already been banned from providing cryptocurrency-related services. Central Bank of Georgia to Propose Cryptocurrency Regulations The Georgian monetary…

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Dubai School will receive tuition payments in Bitcoin and Ethereum

Citizens School said that it also intends to integrate blockchain technology into various aspects of its academic and administrative operations in the future. According to local news outlet Arabian Business, Citizens School, located in Dubai, will accept tuition payments denominated in Bitcoin (BTC) or Ethereum (ETH). Payments using digital assets are facilitated through an unnamed…

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Huobi plans to launch cryptocurrency ETF in Hong Kong

Hong Kong-listed fund manager Huobi Technology plans to launch an exchange-traded fund (ETF) that tracks popular cryptocurrencies. The company, which is a subsidiary of popular cryptocurrency exchange Huobi Global, aims to target retail investors with the planned ETF. Huobi has written to the Hong Kong Securities and Futures Commission (SFC) and intends to structure the…

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European Union MiCA Proposal Moves to Tri-Party Dialogue Stage with No Bitcoin Ban Provision

The Markets in Crypto Assets (MiCA) regulatory package has cleared another potential hurdle this week and is moving to the next stage of the EU legislative process. Proponents of the controversial text banning proof-of-work (PoW) cryptocurrencies, which was recently removed from the draft, did not take the opportunity to block progress on the draft. The…

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Goldman Sachs features cryptocurrencies, metaverse and digitization on its home page

Global investment bank Goldman Sachs has changed its home page to include crypto, metaverse, and digitization. “From cryptocurrencies to the metaverse, explore the megatrends that are reshaping economies,” Goldman Sachs’ home page now reads. Goldman Sachs home page now includes encryption and metaverse Goldman Sachs has updated its home page to feature digitization, including cryptocurrencies…