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There has been a significant shift in Canadians’ attitudes towards cryptocurrency investment, with a recent study indicating a decline in enthusiasm compared to the previous year. The “Crypto Assets Survey 2023,” conducted by the OSC in collaboration with Ipsos, provides insight into this changing perspective. This article examines the key findings of the survey and
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Cryptocurrency markets are notorious for their susceptibility to market manipulation. Traders and investors often fall victim to deceptive strategies employed by malicious actors to artificially inflate or deflate the prices of cryptocurrencies. One of the telltale signs of market manipulation is the occurrence of sudden and unusual price movements that have no correlation with significant
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The landscape of Bitcoin ownership has long been a topic of speculation and conjecture. Many have assumed that the majority of Bitcoin is owned by a select few individuals, thereby creating an exclusive and inaccessible market. However, a recent report from Grayscale Investments has shattered this misconception, revealing a surprising diversity in Bitcoin ownership. Contrary
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Cryptocurrency exchanges have experienced a remarkable transformation over the years. From simple trading platforms, they have evolved into comprehensive financial ecosystems that offer much more than just transaction capabilities. Traders today are demanding environments that provide enhanced security, user-friendly interfaces, and a range of financial tools. Furthermore, they seek educational resources and community features that
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JPMorgan, a leading American financial institution, has recently published a report shedding light on the resurgence of the decentralized finance (DeFi) and non-fungible token (NFT) sectors. In this report, JPMorgan highlights the factors driving this revival and the challenges these sectors face. Let’s delve into the details and analyze the implications of their findings. According
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In a video uploaded on December 1st, 2023, the analyst behind the popular LuckSide Crypto channel shared his thoughts on the current state of the Cardano cryptocurrency. While maintaining an overall bullish outlook, he expressed some reservations about its near-term price action. His analysis shed light on the potential movements of ADA within the crypto
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