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1 year agoLow Trading Volumes for Ethereum Futures ETFs Despite Launch
On October 2, nine Ethereum futures ETFs were launched in the US, but initial trading volumes were low according to industry experts. Eric Balchunas, a Bloomberg ETF analyst, said that the volume was “pretty m…
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1 year agoCoinbase to Delist 80 Non-USD Trading Pairs to Improve Market Health
Coinbase, one of the leading cryptocurrency exchanges, announced that it will delist 80 non-USD trading pairs from Coinbase Exchange, Advanced Trade, and Coinbase Prime on October 16, 2023. The delisting is…
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1 year agoFriend.Tech Platform Records Over $352 Million Inflow, Attracts Mainstream Users
Friend.Tech is an upcoming web3 platform that allows users to monetize their social connections. Since its inception, the platform has recorded significant traction and has facilitated over 9.2 million cumulative…
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1 year agoSygnum Singapore Receives Crypto Brokerage License from MAS
Sygnum Singapore, a subsidiary of Switzerland-based cryptocurrency bank Sygnum, has been granted a license to offer crypto brokerage services to accredited investors and institutions in Singapore. The Major Payment…
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1 year agoSEC Approves First Ether ETFs in US, But Handelsvolumen Remains Low
The US Securities and Exchange Commission (SEC) has approved the first Ether-based exchange-traded funds (ETFs) in the US, making the second-largest cryptocurrency by market capitalization more accessible to…
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1 year agoTYRION Announces Strategic Move to Build Advertising Platform on Coinbase's Base Chain
TYRION, a trailblazer in decentralized advertising, has announced its strategic move to build its advertising platform on Coinbase’s Base Chain. This move is intended to revolutionize and decentralize the $377 B…
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1 year agoCoinecta Launches Decentralized Web3 Launchpad for Cardano Ecosystem
Coinecta, a decentralized Web3 launchpad, has announced its entrance into the Cardano ecosystem. The platform offers a middleman-free fundraising model for cryptocurrency protocols, with its core native…
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1 year agoChainalysis Announces Layoffs to Focus on Government Clients
Chainalysis, a blockchain sleuth company valued at $8.6 billion last year, has announced a layoff of approximately 150 of its 900 staff members. This follows a smaller layoff of 4.8% of staff back in February. CEO…
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1 year agoSilvergate Bank Collapses After Over-Dependence on Crypto Deposits, Ineffective Management
Silvergate Bank, a crypto-friendly institution, collapsed this year due to its over-dependence on risky crypto deposits and nepotism that led to ineffective management, according to the Federal Reserve’s Office o…
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1 year agoHong Kong Crypto Activity Could Provide East Asia 'Tailwind'
Recent advancements in Hong Kong’s crypto space could provide a potential boost to the East Asian region, which has been largely affected by a China-wide ban on crypto trading activities since 2019. According to a…
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1 year agoUBS Launches Ethereum-Based Money Market Fund Pilot
UBS Asset Management, a major global fund management company, has launched its first “live pilot” of a tokenized money market fund on the Ethereum blockchain. The company is using its proprietary service, UBS Tok…
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1 year agoShiba Memu Presale Surpasses $3.5 Million Mark as Crypto Market Ranges
Grayscale Investments has filed with the U.S. Securities and Exchange Commission (SEC) to convert its Ethereum Trust (ETHE) to a spot Ethereum exchange-traded fund (ETF). The Ethereum Trust is the largest Ether…
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1 year agoSam Bankman-Fried Faces Trial for Alleged $8 Billion Crypto Fraud
Sam Bankman-Fried, often referred to as SBF, is facing one of the most significant legal battles in the crypto industry. SBF was a renowned figure in the crypto industry, leading the celebrity-endorsed…
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1 year agoRipple IPO: Exploring the Possibilities of XRP's Price
Ripple’s potential Initial Public Offering (IPO) has sparked intense speculation in the XRP community. Wall Street financial veteran Linda Jones has suggested a potential valuation of Ripple’s stock at $35 per sha…
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1 year agoChainalysis Cuts 15% of Staff Amid Crypto Bear Market
Chainalysis, a blockchain analytics firm, has reduced its headcount by 15% this week, amounting to approximately 135 staff. This is the second round of cuts for the company this year due to the ongoing crypto bear…
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1 year agoBitcoin Rally Triggers $110 Million in Futures Market Liquidations
Bitcoin’s price has surged above the $28,400 level, triggering $110 million in liquidations across the cryptocurrency futures market. The asset’s value has shot up since yesterday, reaching as high as $28,500. Oth…
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1 year agoJPMorgan CEO Jamie Dimon: AI Could Replace Humans in Certain Roles
JPMorgan CEO Jamie Dimon believes that artificial intelligence (AI) could be applied to every single process of the firm’s operations and may even replace humans in certain roles. In an interview with Bloomberg, D…
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1 year agoXRP Price Prediction: Crypto Analyst Forecasts New All-Time High of $5.85
Crypto analyst Dark Defender has presented a bullish prediction for the XRP price, with a target of $5.85, a 1,100% increase from its current price of $0.523. The analysis is based on the fact that XRP closed the…
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1 year agoCFTC Chair Calls for Crypto Regulation Update
U.S. Commodity Futures Trading Commission (CFTC) Chair Rostin Behnam has called for a substantial regulatory framework to be implemented in the cryptocurrency market. He believes that approximately 70% of the…