CoinEfficiency

News Articles for 2025-02-17

Browse daily crypto market news articles

AUSTRAC Cracks Down on Non-Compliant Cryptocurrency and Remittance Providers

Australia's financial intelligence agency, AUSTRAC, has taken regulatory actions against multiple cryptocurrency exchanges and remittance service providers for potential non-compliance with Anti-Money Laundering (AML) rules. This crackdown highlights the increasing scrutiny of the crypto industry in Australia.

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Avarik Labs Launches Red Covenant: A Blockchain-Powered Mobile Strategy RPG

Discover the innovative mobile strategy RPG, Red Covenant, blending high-stakes combat, tactical gameplay, and blockchain technology. Explore its features, challenges, and the future of gaming.

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Bitcoin Decouples from S&P 500: What This Means for Cryptocurrency Markets

Bitcoin's recent divergence from the S&P 500 could signal a positive trend, but what does this mean for the broader cryptocurrency market?

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Bitcoin Dominance Surges to Four-Year High Amid Market Uncertainty

Bitcoin's market dominance has reached nearly 60%, a four-year high, as altcoins struggle to gain momentum. Investors are favoring BTC over riskier alternatives, signaling a shift in market sentiment.

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Bitcoin Dominance Surges to Highest Level Since 2021: Key Drivers and Insights

Bitcoin's market dominance has reached its highest level since 2021, driven by geopolitical tensions and increased adoption. Analyst Willy Woo highlights key factors behind this surge and the challenges that previously impacted Bitcoin's dominance.

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Bitcoin Edges Lower, Ethereum Rises Amid Mixed Crypto Market Trends

Bitcoin slightly declines but remains stable within its recent range, while Ethereum gains and other altcoins show mixed performance.

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Bitcoin Price Support Levels Revealed Amid Market Uncertainty

Glassnode's analysis highlights critical Bitcoin price support levels as market uncertainty persists. Discover the key indicators shaping Bitcoin's price action.

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Bitcoin Shows Bullish Signals Amid Price Fluctuations

Bitcoin's recent price movements and on-chain data suggest strong accumulation trends, indicating bullish sentiment among investors despite market volatility.

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Blockchain Analysts Uncover Potential Connection Between Libra and Melania Memecoins

Discover how blockchain analysts revealed a possible link between the Libra and Melania tokens, raising questions about their shared origins and market impact.

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BNB Chain Introduces Optimization to Enhance Memecoin Trading and Network Performance

BNB Chain has rolled out a new optimization to improve transaction processing and reduce congestion, particularly for time-sensitive memecoin trades. This update aims to address rising gas fees and network activity.

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Bybit Unveils Physical Card for Seamless Crypto Spending Globally

Bybit introduces the Physical Card, enabling users to spend cryptocurrency effortlessly worldwide with enhanced features and rewards.

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Colend Unveils 2025 Roadmap: Advancing Bitcoin DeFi with Innovative Features

Colend, a leading Bitcoin Finance protocol, announces its 2025 roadmap, introducing a subscription model, advanced DeFi tools, NFT upgrades, and a pioneering crypto credit card to enhance user experience and expand functionality.

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Crypto Market Trends: Investment Outflows and Shifts in Investor Sentiment

The crypto market faces a significant shift as investment products experience outflows, with Bitcoin ETFs leading the decline, while altcoins show mixed inflows.

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Deutsche Börse CEO Advocates for Digital Euro and EU Financial Reforms

Stephan Leithner, CEO of Deutsche Börse, proposes a 10-step strategy to transform the EU's Capital Markets Union, emphasizing the importance of a digital euro for financial independence and innovation.

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Hayden Davis Addresses Insider Trading Allegations in Memecoin Market

Hayden Davis, founder of the Libra memecoin project, discusses insider trading allegations, the collapse of the Libra token, and the ethics of memecoin trading in an interview with Coffeezilla.

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Hong Kong Recognizes Cryptocurrencies in Immigration Scheme

Hong Kong's government has acknowledged the use of cryptocurrencies as proof of wealth in its immigration scheme, marking a significant step in the mainstream acceptance of digital assets.

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HTX Starts 2025 with Strong Growth, Recognition, and Innovation

HTX kicks off 2025 with record user growth, industry awards, and innovative product enhancements, solidifying its position as a leading global cryptocurrency exchange.

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India's Enforcement Directorate Seizes $198 Million in Cryptocurrencies Linked to Bitconnect Fraud

The Enforcement Directorate (ED) in India has confiscated cryptocurrencies worth $198 million tied to the Bitconnect fraud scheme, marking a significant step in the global crackdown on cryptocurrency scams.

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Italy Pushes for Robust Crypto Regulations Amid Global Challenges

Italian regulators are intensifying efforts to establish safeguards against financial and cybersecurity risks in the crypto sector, highlighting the need for global cooperation to address regulatory disparities and emerging threats from Big Tech.

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Metaplanet Continues Bitcoin Accumulation, Now Holds Over 2,000 BTC

Tokyo-based investment firm Metaplanet has expanded its Bitcoin holdings, purchasing an additional 269.43 BTC. The firm now holds 2,031.41 BTC, reinforcing its long-term commitment to the digital asset.

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Michael Saylor on Bitcoin: 21 Rules for the Future of Money

Explore Michael Saylor's insights into Bitcoin's 21 rules, highlighting its transformative power, investment strategies, and the mindset needed for adoption.

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Pepedose Raises $300k in 24 Hours, Launches $PEPD Token and mETH Layer 2 Blockchain

Pepedose successfully raises over $300,000 in 24 hours, launches $PEPD token, and announces mETH Layer 2 blockchain to transform DeFi.

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Scammers Impersonate Saudi Crown Prince to Promote Fake Cryptocurrency

A fraudulent cryptocurrency scheme involving a fake Saudi Arabia memecoin has emerged, exploiting the popularity of celebrity-endorsed tokens. Scammers impersonated Crown Prince Mohammed bin Salman to launch the 'Official' KSA memecoin, which garnered little investor interest. The incident highlights the risks of memecoin scams, with similar projects endorsed by political figures like Donald Trump and Argentine President Javier Milei suffering significant losses. Experts warn investors to exercise caution and conduct thorough due diligence before investing in such tokens.

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SEC Halts Fraud Lawsuit Against Geosyn Mining Amid Ongoing Criminal Case

The SEC has paused its fraud lawsuit against cryptocurrency mining company Geosyn Mining and its executives due to a parallel criminal case, highlighting regulatory and legal challenges in the crypto industry.

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Shiba Inu Faces Resistance, Bitcoin's Range-Bound Struggle, XRP Shows Promise

Explore the latest developments in the cryptocurrency market, including Shiba Inu's challenges, Bitcoin's lack of momentum, and XRP's potential rally.

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South Korea Opens Virtual Asset Trading to Institutional Investors

South Korea's Financial Services Commission (FSC) announces a pilot program allowing institutional investors to trade virtual assets, starting in the second half of the year.

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Standard Chartered, Animoca Brands, and HKT Partner to Launch Hong Kong Dollar-Backed Stablecoin

A new joint venture between Standard Chartered, Animoca Brands, and Hong Kong Telecommunications aims to develop a Hong Kong dollar-backed stablecoin, aligning with the region's growing digital asset ecosystem.

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Top Crypto News: XRP ETF Milestone, Bitcoin Exchange Inflows, SHIB Burning

Discover the latest crypto news, including the SEC's acknowledgment of Grayscale's XRP ETF application, Bitcoin's $1.04 billion exchange inflows, and SHIB's significant burn rate.

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Twelve States Invest $330 Million in Strategy, Gaining Bitcoin Exposure

State pension funds and treasury assets across twelve states have invested $330 million in Strategy, highlighting institutional interest in the business intelligence firm and its significant Bitcoin holdings.

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Vigilante Token Stunt Sparks Controversy and Volatility

A daring promotional stunt for the Vigilante cryptocurrency token led to a dramatic spike in value, followed by a sharp decline, raising questions about the effectiveness of risky marketing strategies in the crypto space.

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