Month: October 2022

New Study Says BTC Outperformed Both S&P 500 and Nasdaq in September

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Despite seeing a 3.11% drop in value in September, bitcoin still outperformed both the S&P 500 and Nasdaq, the latest Cryptocompare report has shown. Ethereum, on the other hand, was named “the worst performer after the long-awaited Merge proved to be a ‘buy the rumour, sell the news’ event.” Increased tether and U.S. dollar trade … Read more

Norway Prepares to Reverse Electricity Tax Cut for Cryptocurrency Miners

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The Norwegian government is reviewing a proposal to abolish the policy of preferential tax treatment for data centers mining cryptocurrency with cheaper electricity. The executive power in Oslo says conditions have changed and the country needs the energy currently used by miners. Mining Firms Likely to Lose Tax Incentive as Norway Seeks to Save Power, … Read more

Study: MENA Crypto Volumes Grew Fastest Between July 2021 and June 2022 — Turkey Cements Position as Region’s Largest Market

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Of the $566 billion in cryptocurrency transaction volume for the Middle East and North Africa (MENA) region between July 2021 and June 2022, nearly 40% went to Turkey, which kept its place as the region’s biggest cryptocurrency market, according to the latest Chainalysis data. In Afghanistan, the Taliban’s takeover has seen the value of cryptocurrencies … Read more

Dapper Labs and Spanish Soccer League Laliga Launch Memorable Moments NFT Platform Laliga Golazos

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Laliga, the premier soccer league organization in Spain, has announced the launch date of Laliga Golazos, a memorable moment NFT (non-fungible token) platform. The platform, built in partnership with Dapper Labs, will allow users to purchase NFTs with videos of the most memorable goals starting from 2005 to the present. Spanish Laliga Launches Laliga Golazos … Read more

LBank Captures Major Markets in September Amid the Crypto Downturn

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LBank continues to infiltrate major markets through several of its initiatives, partnerships, and education campaigns, despite the recent crypto downturn. Now rated as one of the top 17 crypto trading platforms by market valuation and volume, LBank has strategically placed itself in the league of exchanges spurring adoption through awareness. LBank announced a partnership with … Read more

Dappradar’s Q3 Industry Report Shows Crypto Economy and Participants Are ‘Riding Out the Bear Market’

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According to Dappradar’s latest crypto industry report that covers 2022’s third quarter, the crypto economy and its participants are “riding out the bear market.” However, these days a number of macroeconomic events have influenced the crypto market, and Dappradar researchers say it’s currently “impossible to foresee a worldwide expansion of cryptocurrencies without a general recovery … Read more