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Singapore Bars Crypto Service Providers for Public Ads

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In a bid to protect members of the investing public, the Monetary Authority of Singapore (MAS) has prohibited all outdoor advertisements for all cryptocurrencies or digital payment tokens (DPT) service providers.  Curbing Misinformation in Crypto Ads The move to ban crypto ads in public space for all crypto service providers was hinged on the fact
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Ethereum EIP-1559 upgrade launches on Polygon to burn MATIC

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The Ethereum upgrade that introduced a partial network fee burning mechanism in August last year has launched on the layer-two scaling network Polygon.  Ethereum’s EIP-1559 upgrade shipped with its London hard fork last summer and has been a success in terms of gas price predictability and network fee burning. The upgrade has now launched on
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BTC, ETH, BNB, ADA, SOL, XRP, LUNA, DOT, AVAX, DOGE

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Bitcoin’s (BTC) volatility has been shrinking in the past few days. The standard deviation of daily Bitcoin returns for the last 30 and 60 days as calculated by the Bitcoin Volatility Index is at 2.63%, the least volatile it has been since November 2020. Generally, tight ranges are followed by strong price expansions. In 2020,
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Bitcoin stays in tight range as analyst eyes potential ‘interesting week’ in BTC

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Bitcoin (BTC) hovered near $43,000 on Jan. 17 as “boring” price action combined with signs that the market could be stabilizing. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView Leverage comes off all-time highs Data from Cointelegraph Markets Pro and TradingView showed BTC/USD staying firmly within its established trading range between $40,000 and $45,000. With few surprises
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UK 3rd for ETH ownership as crypto adoption grows 1% in December: Survey

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British crypto enthusiasts were busy consolidating and rebalancing during the last gasp of 2021. Finder.com surveyed 2,013 Internet users in the United Kingdom in December 2021 with varying results.   Since the last survey conducted in October 2021, U.K. crypto ownership crept up by 1 percentage point from 5.2% to 6.1%, while Ethere (ETH) dominance continues
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Crypto.com pauses withdrawals due to ‘suspicious activity’

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Major crypto wallet and platform Crypto.com has temporarily halted withdrawals after “a small number of users reporting suspicious activity on their accounts,” but all funds are reportedly safu at the moment.  We have a small number of users reporting suspicious activity on their accounts. We will be pausing withdrawals shortly, as our team is investigating.
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Acting OCC Comptroller Urges Regulators to Collaborate with Crypto Intermediaries

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Despite incessant backlash from regulators in the United States, the adoption and growth of digital currencies have been steady over the past few years. Considering this position, Michael J. Hsu, the Acting Comptroller of the Office of the Comptroller of the Currency (OCC) has advocated that regulators should collaborate with major crypto intermediaries in order
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