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Author: CryptoPress

Crypto Market – February 10, 2023

Almost 3% of the market value of all cryptocurrencies was lost as investors were scared off by new regulatory worries. Recent actions by Kraken and the SEC had an immediate effect on the markets for digital assets. Bitcoin (BTC) dropped below $22,000 and Ethereum (ETH) dropped below $1,600. Bitcoin$58,802.002.34%#ccpw-label-widget-11234.ccpw-price-label li a , #ccpw-label-widget-11234.ccpw-price-label li{color:#000;} Bitcoin is trading...

$ADA, $BNB, $SOL, $XRP, Bitcoin, Cardano, Crypto market, Cryptocurrencies, Ethereum, Polygon

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Kraken Shuts Down Cryptocurrency Staking Services in the US

Kraken, the international exchange based in the United States, has reached an agreement with the SEC to shut down its staking service for users residing in the country and pay a fine of USD $30 million. This measure comes amid a series of actions that the Securities and Exchange Commission (SEC) is contemplating to regulate staking programs. Payment of USD $30 Million Fine Kraken has agreed to pay a $30 million fine to the SEC, as part...

Cryptocurrencies, Exchanges, Front page, Kraken, Staking

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AI-related Tokens Skyrocket in Price, Posting Over 200% Gains in 7 Days

The prices of major tokens used in Artificial Intelligence (AI) projects are going up because more people are interested in what the technology can do. According to CoinMarketCap’s list of the top AI tokens by market capitalization, most of them have gone up a lot in the past week, and some have gone up by more than 200%. This Al-generated video showing the evolution of art through history is impressive. From the first human paintings...

Artificial Intelligence (AI), Cryptocurrencies, Front page, Main

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Crypto Predictions for 2023: The Year Ahead

The world of cryptocurrencies is always changing, and 2023 should bring more changes and new things. One thing that has become increasingly clear is that crypto narratives matter. The future of the crypto market will depend a lot on how stories about regulation, adoption, and integration with real-world assets are told, among other narratives.  As we look to the future, it’s important to think about how regulation might affect the...

Bitcoin, Blockchain, Cryptocurrencies, DAOs, ETF, Exchanges, Featured, GameFi, NFTs, Web3

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Djed, Cardano Algorithmic Stablecoin Launches

The highly anticipated algorithmic stablecoin on Cardano, Djed, is now live. And scammers did not miss this opportunity. When UST, the algorithmic stablecoin in the Terra ecosystem, went down, it made people feel bad about this type of stablecoin. This crash last year led the cryptocurrency industry into a bear market, with investors losing billions. The COTI team, with the help of Input Output Global (the creators of Cardano),...

$ADA, $DJED, Altcoins, Cardano, Cryptocurrencies, Front page, Main, Stablecoins

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