The Potential Impact of China Unbanning Cryptocurrencies

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Crypto science

A Brief History of Cryptocurrency Bans in China China’s position on digital currencies has always influenced the crypto market, but its relationship with cryptocurrencies has been complex. Let’s explore the reasons behind China’s strict bans and restrictions on cryptocurrencies and discuss the potential outcomes if China were to lift them. The Ban on Cryptocurrencies in […]

Bitcoin Mining Difficulty Reaches New High

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Crypto science

The mining difficulty of Bitcoin has increased by 3.22% in the latest adjustment, reaching a new record high of 49.55 T. The average hash rate over the two-week period since the previous change has also reached a record-breaking 367.3 EH/s, indicating continued expansion of computational power by miners. According to Glassnode, on May 15th, the […]

Bitmain Unveils Miner for Kaspa Cryptocurrency Mining

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Crypto science

Bitmain Unveils Miner for Kaspa Cryptocurrency Mining Bitmain, the largest global manufacturer of mining equipment, has started accepting orders for the KS3 device designed for mining the Kaspa (KAS) cryptocurrency.Customers can now place deposits with a limit of up to 30 units per order. The company, however, has not disclosed the device’s price and instead […]

TURBO: A Community-Oriented Memecoin Attracting Attention from Prominent Investors

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Crypto science

Enthusiasts in the crypto space are captivated by the potential of TURBO, a new memecoin powered by the advanced AI language model called ChatGPT. TURBO stands out as a unique digital asset with a community-driven approach and a decentralized structure. Prominent Investors Showing Interest TURBO has already garnered attention from well-known investors. BTC12 Capital (leishen.eth) […]

USDT Tops the List of Most Stable Cryptocurrencies

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Crypto science

In a report by Reuters, Tether (USDT), the stablecoin, has emerged as the “least risky” asset in the crypto sphere. As the banking crisis in the US deepens and regulatory measures tighten around the cryptocurrency industry, investors are shifting their funds towards safer assets, with Tether taking the lead. Furthermore, its market value has sharply […]

Listing of PEPE on BitMEX boosts price by 86%

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Crypto science

Investors anticipate a significant rally Investors anticipated that the listing of PEPE on BitMEX could lead to another significant rally. The first bull run of PEPE occurred after it was listed on well-known cryptocurrency exchanges such as Binance, OKX, Huobi, Gate.io, and MEXC. Access to long or short positions on BitMEX Starting May 3, BitMEX […]

Crypto exchanges join the hype around 2000% PEPE token growth

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Crypto science

Introduction BeInCrypto investigates which cryptocurrency exchanges have added the meme token PEPE, which has recently entered the top 120 by trading volume, and which ones are still considering it. PEPE token listings on centralized and decentralized exchanges PEPE, a “meme altcoin,” has gained support from cryptocurrency exchanges. At the time of writing, the token is […]

Xspectar now accepting XRP for virtual land purchases in Metaverse

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Crypto science

Introduction Xspectar, a Web3 product built on the distributed ledger XRPL, is now offering customers the ability to purchase virtual land in their Metaverse using XRP, the sixth largest cryptocurrency by market capitalization. The platform offers collections of non-fungible tokens (NFTs), games, and more in a virtual universe. XRP as a Payment Option In a […]

Founder of Waves decides not to launch new stablecoin

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Crypto science

The creator of the Waves cryptocurrency ecosystem, Sasha Ivanov, has decided not to launch a new stablecoin and instead focus on the existing Neutrino Index algorithmic token project. Ivanov announced this on his Twitter account. According to Ivanov, it is always better to resume work on previous projects than to fail in the search for […]

What Are Fan Tokens?

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Crypto science

Introduction The world of sports has always been a big part of people’s lives, and with the rise of technology, fans can now be closer to their favorite teams than ever before. One of the latest developments in the sports industry is the emergence of fan tokens, which are digital assets that allow fans to […]

What Are Automated Market Makers?

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Crypto science

Introduction Automated Market Makers (AMMs) are an essential part of the decentralized finance (DeFi) ecosystem. They are responsible for creating liquidity for various tokens, allowing them to be traded seamlessly without the need for an order book or an intermediary. In this article, we’ll explore what AMMs are, how they work, and their importance in […]