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Cardano Scoop: ADA/BTC Flirts with Support as Selling Pressure Increases

Cardano Scoop: ADA/BTC Flirts with Support as Selling Pressure Increases

Cardano price at 818 satoshis, trading later at -3.67% at 789 satoshis. Around 29.45 million of the volume was generated during the trading session on Monday.

Data Shows US Economy Shrinks Amid Recession while Crypto Surges in Bearish Rally

Data Shows US Economy Shrinks Amid Recession while Crypto Surges in Bearish Rally

According to the New York Empire State Index, a weakening of the U.S economy is worrying manufacturers. Meanwhile, Bitcoin and other cryptocurrencies are seeing a rally in their movements.

Messari Raises $35M in Series B Round

Messari Raises $35M in Series B Round

Blockchain-based data analytics platform, Messari has announced the successful completion of its Series B funding round in which it pulled $35 million.

Bitcoin Tops $40,000 for The First Time but Experts Warn of Looming Price Correction

Bitcoin Tops $40,000 for The First Time but Experts Warn of Looming Price Correction

The price of Bitcoin has rallied to a new all-time high over $40,000 on Thursday, January 7. A price correction is likely to happen, and experts explain why.

KPMG in Canada Acquires World of Women (WoW) NFT

KPMG in Canada Acquires World of Women (WoW) NFT

KPMG Canada, a full-service Audit, Tax, and Advisory firm owned and operated by Canadians, have announced it has purchased a World of Women (WoW) NFT.

Paul Tudor Jones' Bet on Bitcoin Supported by CME’s Bitcoin Futures CFTC Data and PwC’s Latest Crypto Report

Paul Tudor Jones' Bet on Bitcoin Supported by CME’s Bitcoin Futures CFTC Data and PwC’s Latest Crypto Report

In an annual report by Elwood Asset Management and consulting firm PricewaterhouseCoopers (PwC), the value of assets under management at cryptocurrency hedge funds has soared to $2 billion, doubling the value in 2019. Billionaire hedge fund manager Paul Tudor Jones was reportedly looking to buy Bitcoin to hedge against inflation as central banks across the world are printing money to relieve economies affected by the coronavirus pandemic.

Wave Financial Acquires Swiss-based Criptonite Asset Management

Wave Financial Acquires Swiss-based Criptonite Asset Management

A US-based regulated digital asset investment management firm makes its first acquisition in Europe. The acquisition paves the way for Wave Financial to make further expansion globally.

Solana Foundation Responds to SEC's Security Classification of SOL Token

Solana Foundation Responds to SEC's Security Classification of SOL Token

The Solana Foundation has publicly objected to the United States Securities and Exchange Commission's (SEC) recent classification of its native cryptocurrency, Solana (SOL), as a security.

Circle Deploys New Pre-Mint Address for USDC on Solana (SOL)

Circle Deploys New Pre-Mint Address for USDC on Solana (SOL)

Circle has introduced a new pre-mint address for USDC on the Solana blockchain, streamlining operations in anticipation of the Cross-Chain Transfer Protocol launch.

Bitcoin Funding Turns Negative amid 70% of BTC Circulating Supply Being Hodled

Bitcoin Funding Turns Negative amid 70% of BTC Circulating Supply Being Hodled

BTC funding flipped negative following long liquidations as prices slipped to lows of $42,000.

Crypto Trends: Weekly Inflows and Outflows in Altcoins, North American Markets, and Investment Products

Crypto Trends: Weekly Inflows and Outflows in Altcoins, North American Markets, and Investment Products

Altcoins saw $3M in weekly inflows; North America had $11B outflows. Digital asset products had minor withdrawals of $21M, with Bitcoin trading at $16B.

Crypto ATM Market Expected to Hit $1.88B by 2028 with CAGR of 59.2%

Crypto ATM Market Expected to Hit $1.88B by 2028 with CAGR of 59.2%

The crypto ATM market is anticipated to reach $1.88 billion by 2028, according to a report by US-based consulting firm Grand View Research Inc.

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