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Showing posts with the label btcgrowth

Top China Coins Ready To Skyrocket

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The Securities and Futures Commission (SFC) of Hong Kong suggested on February 20 that a licensing system be established for cryptocurrency exchanges, and in the near future, it will permit ordinary individuals to trade major cryptocurrencies such as Bitcoin and Ethereum. This article discusses the leading Chinese Coins and explains why they are likely to experience a significant increase in value soon.  Super unique NFT collection #TokenPunkies Hong Kong’s Green Signal to Crypto Trading According to the statement, every centralized cryptocurrency exchange that operates in Hong Kong is required to obtain a license from the regulatory authority. Interestingly, it appears that the United States is not the sole global financial powerhouse capable of causing market turbulence.   As mentioned previously, the People's Bank of China, the country's central bank, infused $92 billion USD into the market on Friday, surpassing the ongoing quantitative easing measures of the US Fed...

Bitcoin New Addresses with Non Zero Balance

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The recent rise in the number of Bitcoin wallets holding a non-zero balance of the cryptocurrency has reached a new record high. This suggests that despite the bear market in 2022 and a challenging global economic outlook for 2023, the adoption of the world's first and largest cryptocurrency by market capitalization is still increasing. Data presented by crypto analytics firm Glassnode showed that on January 8th, 2023, the number of Bitcoin addresses with a non-zero balance rose above 43.8 million for the first time, surpassing the previous record high of 43.76 million which was reached in mid-November 2022. Source: Galssnode Bitcoin New Addresses The growth in the number of Bitcoin wallets with a non-zero balance is a positive sign for the cryptocurrency. It indicates that more and more people are acquiring and holding Bitcoin, leading to an increase in the overall adoption of the digital currency. Despite the challenges that the cryptocurrency market faced in 2022, the steady g...