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Experts predict SHIB coin to increase in price and market value

Crypto analysts predict meme coin Shiba Inu coin (SHIB) will continue on an upward trend after a sharp 55% increase in market value in May. Data from FX Street revealed that SHIB bounced off its two-week downward trend and is now heading up. ‘Should the meme-coin manage to break above $0.00001100, its market value could

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Privacy coins surge after US and Australia target crypto gains

The price of several privacy coins like Monero, ZCash, Horizen and Dash all experienced a surge of up to 22% after the Australian Tax Office (ATO) warned traders who do not deduct tax from their crypto gains that they can track taxable cryptocurrency transactions. In a press release published May 28 on ATO’s official website,

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Everything you need to know about Bitcoin SV

Bitcoin’s introduction in the market paved the way for the birth of other cryptocurrencies. With its decentralized underlying technology, Bitcoin revolutionized the monetary system by offering a cost-effective and transparent process for day-to-day transactions. In its early years, Bitcoin’s small community could be managed since the blockchain wasn’t overwhelmed with thousands of transactions every day.

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SafeMoon announces Simplex partnership during AMA session

SafeMoon CEO John Karony announced in an Ask Me Anything (AMA) session on May 9 that they’re partnering with Simplex, a financial institution that provides fiat-crypto financial services, to seamlessly allow the purchasing of digital assets using debit and credit cards. In the same AMA live stream, Karony stated that the SafeMoon wallet is a

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Experts warn investors of Elon Musk’s crypto tweets

Numerous crypto experts and analysts called out Tesla CEO Elon Musk on his massive influence over the value of digital currencies after cryptocurrencies dropped in price over the week. They warned investors to ‘drown out’ Musk’s crypto tweets. On May 12, Musk tweeted that his company is pulling Bitcoin (BTC) out of their payment options

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Bitcoin plummets after China’s crypto crackdown

Last May 19, Bitcoin’s price fell 14% in under 24 hours after China reiterated its ban on cryptocurrencies. The top-performing digital asset plunged to US$30,202, reaching its lowest value since its bullish movement that started in January 2021. The National Internet Finance Association of China, the China Banking Association and the Payment and Clearing Association

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Filipino community earns income through NFT game

A community in Cabanatuan City, Philippines resorts to playing Vietnamese startup SkyMavis’ NFT game Axie Infinity as a way to make a living amidst the multiple lockdowns in the country brought upon by the COVID-19 pandemic. Axie Infinity allows players to obtain non-fungible tokens (NFTs) and cryptocurrencies that can be converted into fiat currency. They

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