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Discover Latest Cryptocurrency News, Articles and Videos with Contenting
When it comes to cryptocurrency, there is always something new happening. Whether it is a new coin on the market or major news involving one of the bigger players like Bitcoin or Dogecoin, there is always something to talk about in the world of crypto. Even Elon Musk, the billionaire CEO of Tesla, has gotten involved in the crypto world recently. But what exactly is cryptocurrency? Cryptocurrency is a digital or virtual asset that uses cryptography for security. Cryptocurrencies are decentralized, meaning they are not subject to government or financial institution control. The most well-known cryptocurrency is Bitcoin, which was created by Satoshi Nakamoto in 2009. Since then, various other cryptocurrencies have surfaced and become popular in their own right. Dogecoin, for example, was created as a joke currency but has since exploded in popularity due to support from celebrities like Elon Musk.
Ethereum whales on MakerDAO face liquidation risks as ETH nears critical levels - Coinfea
Two Ethereum whales on MakerDAO are on the verge of being liquidated if the digital asset drops below $1,800. The whales borrowed millions in DAI from the DeFi lending protocol and pledged Eth as collaterals are now under pressure due to the asset’s continued decline. According to Arkham Intelligence and Lookonchain, the whales have about
Japan set to revise financial laws, grant legal status to digital assets - Coinfea
The Financial Services Agency (FSA) of Japan has announced plans to revise the Financial Instruments and Exchange Act, labeling crypto assets as financial products and giving them legal status. According to reports, the commission will also place digital assets under trading restrictions to build investor trust. Japan wants to clarify digital assets as financial products
Streamer xQc fuels ongoing AI art vs creative community argument - Coinfea
Popular streamer xQc has fueled the ongoing debate over the rise in the use of AI to create artwork. In a recent statement, the streamer claimed that artistic creations from OpenAI’s ChatGPT are better than the best work of most artists. The current AI art trend involves using ChatGPT to create images in the style
California introduces ’Bitcoin rights’ in amended digital assets bill
A Californian lawmaker has just added Bitcoin and crypto investor protections to a February-introduced money transmission bill aimed at securing crypto self-custody rights for the US state’s nearly 40 million residents. California’s Assembly Bill 1052 was introduced as the Money Transmission Act...
Raoul Pal Expects Bitcoin Rise to Continue Until 2026 FX Guys Presale May Surpass $7M Soon
Raoul Pal expects Bitcoin’s rise to last until 2026, while FXGuys gains attention with its $FXG token presale, which has collected over $4M. With rewards for staking, a program for trading funds plus no KYC checks, might FXGuys become the next major DeFi project?
Elon Musk faces setback in a crucial legal battle - Coinfea
Tesla billionaire Elon Musk has faced a recent setback after a federal judge in Manhattan said investors are allowed to proceed with their lawsuit against him. According to the lawsuit, the investors claimed that Musk manipulated the price of the company's stock before he purchased it in 2022. According to a report, the investors are
Elon Musk Clarifies Dogecoin Speculation
Elon Musk addressed recent speculation regarding Dogecoin’s potential government use, making it clear that no such plans exist. Speaking at an America PAC town hall in Green Bay, Wisconsin, Musk dismissed rumors linking Dogecoin to the Department of Government Efficiency (DOGE) initiative he is...
Shibarium Breaks Out! 3M+ Transactions Fuel Massive Momentum
Shibarium surges with activity. Millions of transactions flood the network daily, pushing user engagement to new highs. The Layer 2 network crackles with renewed energy, breaking past recent milestones and signaling a potent shift in momentum as March closes. Shibarium Transaction Volume...
Cryptocurrency