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Bitcoin’s slump could be the start of a ‘crypto winter’

A growing number of factors suggest a “crypto winter” could be on its way, analysts at UBS have warned. The case for bitcoin as a currency and inflation hedge is dwindling, and its tech has several flaws, they said. Bitcoin has fallen sharply in recent weeks as investors brace for the Federal Reserve to raise…

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Cryptomania is alive and well in Turkey, thanks to lira

Istanbul, Turkey – Just off of Istiklal street, Istanbul’s busiest pedestrian walkway, the occasional passerby stops to glance at a screen displaying the prices of cryptocurrencies in the window at NakitCoins. Only a handful of people enter the shop, but the brick-and-mortar exchange, which lets them buy or sell Bitcoin and other cryptocurrencies, is a…

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Pakistan’s Crime Agency to Ask Telecom Authority to Block Crypto

The leader in news and information on cryptocurrency, digital assets and the future of money, CoinDesk is a media outlet that strives for the highest journalistic standards and abides by a strict set of editorial policies. CoinDesk is an independent operating subsidiary of Digital Currency Group, which invests in cryptocurrencies and blockchain startups. As part…

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Crypto.com Suspends Withdrawals Following ‘Unauthorized Activity’

The leader in news and information on cryptocurrency, digital assets and the future of money, CoinDesk is a media outlet that strives for the highest journalistic standards and abides by a strict set of editorial policies. CoinDesk is an independent operating subsidiary of Digital Currency Group, which invests in cryptocurrencies and blockchain startups. As part…

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Cardano cryptocurrency explained as price spikes ahead of SundaeSwap platform

Cryptocurrency token Cardano (ADA) has soared in price in recent days as investors keenly anticipate the launch of a new exchange platform.Cardano is the fifth most valuable cryptocurrency in the world by market cap—the total value of all circulating tokens of a given type—behind Bitcoin, Ethereum, BNB, and Tether, according to CoinMarketCap.As of 11 a.m.…

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Crypto.com expands venture arm to $500 million to back early-stage

Crypto.com, a popular cryptocurrency exchange, has extended its venture arm’s fund size to $500 million as it looks to more aggressively back early-stage startups to help the nascent ecosystem grow, following similar moves by rivals Binance, Coinbase and FTX. The broadening of Crypto.com Capital comes less than a year after the Singapore-headquartered firm unveiled its…

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