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Crypto Winter No Longer Has Big Impact on Long-Term Industry Growth, EY Executive Says

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EY’s global blockchain leader says that for the first time ever, crypto’s price swings do not have that big of an impact on the long-term growth of the industry. Nonetheless, he stressed: “It is also important that regulators crack down on obvious Ponzi schemes faster and with more severity.” EY’s Brody on Crypto Winter Paul Brody, global blockchain leader at EY, discussed the crypto winter, the need for regulation, and the collapse of crypto exchange FTX in an interview published by the Mint publication Thursday. He was asked whether he expects the current crypto winter to be over soon. “This is a much milder crypto winter than the last one,” he replied. “One of the major Features of this winter is that there is a decoupling going on between the price of crypto assets and product and engineering development work that is going on in the crypto industry.” The EY executive opined: For the first time ever, price ups and downs don’t have that big of an impact on the long-term growth o

Prospects Don’t Look so Hot for Sam Bankman-Fried's Invitation-Only Crypto Bahamas Event

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Following the FTX collapse and amid the aftermath, people have been wondering about the company’s Crypto Bahamas conference that was scheduled to happen on April 17-20, 2023, at the exclusive Grand Hyatt Baha Mar, in Nassau. The event planned for April 2023 was supposed to be hosted by the now-bankrupt FTX and the Skybridge Capital-backed Salt conference promoters. FTX’s Invitation-Only Island Event Looks Like a Wash While we know that the former FTX CEO Sam Bankman-Fried (SBF) plans to speak at the New York Times (NYT) Dealbook summit, people are curious about the upcoming Crypto Bahamas conference. 2022’s inaugural Crypto Bahamas conference was hosted in Nassau and the event hosted a litany of well known speakers including former U.S. president Bill Clinton. Other 2022 speakers included the former prime minister of the United Kingdom, Tony Blair, seven-time Super Bowl Champion and co-founder of Autograph, Tom Brady, and the prime minister of the Bahamas Philip “Brave” Davis. 2023’

RobotEra continues to strive forwards

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RobotEra is a brand new metaverse backed by LBank Labs that is currently in its presale, and has been selling out extremely quickly, having now managed to successfully raise $226k in record time.  The metaverse space is one that has been consistently growing over the course of the past few years, with giants such as Facebook rebranding their entire company in order to capitalise on the trend - this is in addition to an evermore digitalised society that is moving towards more digitalisation all the time.  A metaverse for the robot niche There are many metaverses, and they all have their own unique styles and value propositions. Decentraland is the original metaverse, and was intended to show the potential of what a decentralised planet can do.  On the other hand, Sandbox focuses on their higher quality of graphics and enhanced utility, whilst Axie Infinity and Iluvium are more focused on gaming.  RobotEra brings everything together: as well as having a focus on build

Does BabyDoge have to depend on Bitcoin, Ethereum to recover?

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Bitcoin and Ethereum’s valuation has stabilized over the past day. The market’s king coin has been hovering around the $16.5k mark, while the altcoin-king has held fast to $1.1k. With a minor 0.9% downward deviation, the crypto market cap stood almost unchanged at around $830 billion on Friday. State of BabyDoge Over the past day, only two memecoins, out of the top four, had noted gains. BabyDoge was one among them. After noting a slight elevation of 0.25% in the last 24 hours, the $126.19 million market-capped asset was trading at $0.000000001096 at press time Source: CMC Irrespective of the price stagnation, BabyDoge tokens continue to be removed out of the supply via burns. A burning tracker revealed that over 4.16 trillion coins were sent to dead wallets in past 24 hours. Resultantly, 47% of the tokens have been burned in total till today from the total supply. 🔥🔥🔥 In the past 24 hours, 4,161,523,152,839 (~$4,653) #BABYDOGE tokens have been burned. So far, 199,425

These 3 Crypto Tokens Registered +10% This Week: Here's Why

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Volatility has been the theme of the crypto market this month. Thanks to the downfall of the FTX empire, all hopes for “Moonvember” was shattered. While several assets including Bitcoin [BTC] witnessed a huge slump, a few others managed to thrive even during these difficult periods. Throughout this week, the coveted top 10 barely amassed any gains. While the FTX contagion persists, here are the top three assets that were pocketing double-digit profits this week. 1. Huobi Token [HT] Exchange tokens weren’t doing so well following the downfall of FTX. However, Huobi ’s native asset HT was seen changing this narrative. Earlier today, rumors about Huobi merging with Justin Sun’s Poloniex crypto exchange began surfacing. Following this, the price of HT has been on the rise. At press time, the asset was trading for $5.78 with a 10 percent daily surge. Over the last seven days, HT managed to pocket 23.96 percent gains. The crypto currency hit a high of $5.85 and was seen experien

New Crypto Coins To Buy November 25 – Tamadoge, Dash 2 Trade, RobotEra, IMPT, Calvaria

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Join Our Telegram channel to stay up to date on breaking news coverage In the past few days, the global crypto market has turned red and fallen under $800 billion. This came after Bitcoin (BTC), the world’s largest and most well-known cryptocurrency, fell below $16,000 as the latest victim of the ongoing crypto crisis, which was sparked by the massive failure of crypto exchange FTX. Litecoin (LTC), Dogecoin (DOGE), Solana (SOL), Ethereum (ETH), and Ripple (XRP) were among the other well-known cryptocurrencies that suffered losses. Although risk sentiment has improved slightly and Bitcoin and other leading cryptocurrencies are showing signs of recovery, investors are still looking for the next cryptocurrency that will offer massive gains. Investors are closely monitoring recent developments in the cryptocurrency sector. So far, the only topic that has piqued my interest is gaming. Investing in in-game currencies has a good chance of being profitable. Dash 2 Trade, RobotEra, IMP

Crypto Savings Accounts: What Are They & Are They Worth It?

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Cryptocurrency savings accounts have grown in popularity among investors looking to earn a yield on their long-term crypto holdings. While these investment vehicles are not without risk, they enable investors to earn above-average yields, making them alluring to a range of different investors.  In this guide, we will explain how crypto savings accounts work and why you might want to consider setting one up.  What is a Crypto Savings Account? A crypto savings account is a saving offering that allows you to deposit your crypto assets and earn interest. Similar to regular savings accounts, the interest is paid out periodically, and you can withdraw your assets depending on the platform rules and the type of crypto you deposit.  Most blockchain networks offer a staking return (technically, it is no yield because staking yields mainly derive from network issuance), thereby paying something similar to interest to native token holders. Several centralized crypto exchanges