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Cryptocurrency Economic & Finance Market Overview

Binance temporarily suspends all spot trading on its cryptocurrency exchange

A temporary suspension of spot trading on Binance was announced by the leading blockchain and cryptocurrency platform on Friday. Due to zero commissions, the world’s largest crypto exchange has also increased its market share of Bitcoin spot volume to over 90 percent in recent quarters, according to Arcane Research. Binance has encountered an issue impacting

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Advisor Network Cryptocurrency Digital Money Economic & Finance Market Overview

Bitcoin market cap drops 11% in 24 hours

As the Bitcoin market cap drops 11% in 24 hours, the world’s most significant 100 cryptocurrency tokens are trading in the red.  Overall the entire cryptocurrency market cap fell below 12% in the last 24 hours, according to  Cryptocurrency drops in the last 24 hours Ether, the second-biggest cryptocurrency, went down 15%, dropping to

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Pakistan plans to ban Cryptocurrency

As suggested by Chainalysis’ Global Crypto Adoption Index, Pakistan plans to ban Cryptocurrency. Despite the country ranking third with the highest number of crypto users, the State Bank of Pakistan submitted a document calling cryptocurrencies illegal in the Sindh High Court.  Why does Pakistan plan to ban Cryptocurrency? While this isn’t the first time Pakistan

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Binance CEO is richer than Mukesh Ambani

Binance CEO Changpeng Zhao’s net worth is now $96 billion, making him richer than Asia’s richest – Mukesh Ambani. Founded in China as a portmanteau of binary and finance in 2017, Binance soon unfolded as a crypto powerhouse.  The company is from China, and CEO Changpeng Zhao is spotting new locations for Binance HQ.  How

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