Binance Shocks Market with Removal of Australian Dollar Trading Pairs
The largest crypto exchange in the world, Binance, has declared that it plans to eliminate various trading pairs associated with the Australian dollar (AUD) from its platform on May 26, 2023. The move comes amid a range of issues, including PayID withdrawals and license cancellations. However, Binance has not provided any specific reasons for the removal of these trading pairs. …
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US Senator Ted Cruz Endorses Bitcoin, Fueling a Surge of Interest in the Cryptocurrency Market
The recent endorsement of Bitcoin by US Senator Ted Cruz has sparked renewed interest in the cryptocurrency market. Senator Cruz, a prominent conservative figure, took to Twitter to express his support for Bitcoin, citing its ability to serve as a hedge against inflation and a way to protect individual freedoms. This endorsement is seen as a significant development for the …
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Spanish Tax Agency to Notify Over 328,000 Crypto Holders
According to the fiscal authority of Spain, there has been a significant increase of 40% in the number of potential taxpayers who failed to report their cryptocurrency holdings within a one-year period. And, because of this, Spanish authorities are looking to take action. Spanish Authorities Taking Action The State Tax Administration Agency (AEAT) of the Spanish government is stepping up …
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SushiSwap – Solving The Liquidity Problem With DeFi
As the world of decentralized finance (DeFi) continues to expand, new solutions are being developed to tackle some of the industry’s biggest challenges. One such challenge is the liquidity problem, which can hinder the ability of different forms of liquidity to connect with markets in a decentralized way. While several solutions have emerged to address this issue, SushiSwap stands out …
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