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10 months, 3 weeks agoEthereum Whales Accumulate Record ETH Amid Anticipated Price Growth
Ethereum whales have been consistently purchasing more of the altcoin, indicating their ongoing support. The buying activity has particularly escalated in recent weeks. On-chain data from Santiment shows that…
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10 months, 3 weeks agoFTX Group Recovers $7 Billion Amidst Misuse of Customer Deposits
In a significant development, FTX Group has managed to recover approximately $7 billion in liquid assets. This recovery is a result of a challenging investigation that tested the determination and resilience of all…
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10 months, 3 weeks agoSurvey Reveals Investment Advisors' Doubts Over Bitcoin ETF Approval
Optimism regarding a Bitcoin ETF is not as widespread in mainstream financial circles as it is within the online crypto community, as per recent survey results published by Bitwise. The crypto index fund provider,…
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10 months, 3 weeks agoMetamask Controversy: Allegations Stir Demand for Crypto Transparency
The influence of cryptocurrency platforms is significant, and their operations can have far-reaching effects across the entire crypto landscape. The recent allegations against Metamask, a popular Ethereum wallet…
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10 months, 3 weeks agoWall Street Expert Linda Jones Forecasts Bullish Future for XRP
Wall Street expert Linda Jones has recently expressed her bullish outlook on XRP, a digital asset created by Ripple. In a recent interview, Jones discussed the potential of XRP and the technological innovation…
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10 months, 3 weeks agoCrypto Industry Awaits SEC Decision Amidst Market Changes and Challenges
The crypto industry is on tenterhooks as it awaits the SEC’s decision on Bitcoin ETFs. Asset management firm VanEck has pledged to donate 5% of the profits from its spot Bitcoin ETF (if approved) to support core B…
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10 months, 3 weeks agoNigeria's cNGN Stablecoin Approval Sparks Adoption Rate Debate
The Central Bank of Nigeria (CBN) has approved the cNGN stablecoin, a new digital currency created by the Africa Stablecoin Consortium (ASC), a collaboration of Nigerian banks and fintechs. This move has sparked…
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10 months, 3 weeks agoIOTA's Integration with CityBot Revolutionizes Logistics and Cryptocurrency Market
The cryptocurrency market is witnessing significant evolution, with IOTA making substantial progress. A key development is the integration of IOTA with CityBot, a project by the EDAG Group that offers a glimpse…
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10 months, 3 weeks agoBitcoin Whales Profit as SOL, ETH Adjust and Pushd Enters Presale
Bitcoin (BTC) whales are gradually cashing in on their investments in anticipation of the forthcoming ETF approval. Solana (SOL) and Ethereum (ETH) have also witnessed a fair amount of profit-taking in the market.…
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10 months, 3 weeks agoBloomberg Analyst Predicts High Approval Chance for Bitcoin Spot ETF
Renowned Bloomberg ETF analyst Eric Balchunas has reduced the likelihood of the US Securities and Exchange Commission (SEC) rejecting the launch of the Bitcoin spot ETF to a mere 5%. This updated prediction comes…
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10 months, 3 weeks agoBlackRock to Cut Workforce Amid Anticipated Bitcoin ETF Approval
BlackRock, the world’s largest asset manager, is reportedly preparing to cut its global workforce in the coming days. This decision comes as the firm anticipates positive news from the US Securities and Exchange C…
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10 months, 3 weeks agoDigital Currency Group Clears $1 Billion Debt, Including Genesis Payoff
The Digital Currency Group (DCG) has successfully paid off all short-term loans from its bankrupt subsidiary Genesis, as officially announced on January 6th. Over the past year, DCG has cleared more than $1 billion…
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10 months, 3 weeks agoCrypto News Roundup: Global Developments and Platform Updates
In a significant development, Kyrgyzstan has seen a surge in its crypto mining tax revenue, which now stands at $900K. This is a significant increase from the $133,200 collected during the same period in 2022. In…
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10 months, 3 weeks agoBitcoin ETFs May Overcome Unit Bias, Says VanEck Advisor Gurbacs
The high price of a single Bitcoin, currently valued at $43,973, is discouraging potential investors who are reluctant to purchase only a fraction of the cryptocurrency. This is due to unit bias psychology, which…
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10 months, 3 weeks agoBitget Exchange Expands Team, User Base, and Coin Listings Amid Market Resurgence
Bitget, a crypto derivatives exchange based in Seychelles, has seen significant growth, expanding its team from 1,100 to 1,500 employees and its user base from 8 million to 20 million. In an open letter, Bitget’s M…
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10 months, 3 weeks agoTIA Token Surges Amid Staking Gains and Anticipation of Celestia Airdrops
The TIA token, a product of Celestia, has recently seen a significant 22% increase in value within a 24-hour period. This surge in value is particularly noteworthy in a market that has been relatively stable in…
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10 months, 3 weeks agoBlackRock Trims Workforce, Awaits SEC Decision on Bitcoin ETF
BlackRock, the world’s leading asset manager, is reportedly planning to reduce its global workforce by approximately 3%, affecting around 600 employees. This move is said to be part of BlackRock’s regular int…
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10 months, 3 weeks agoCOP28 Sparks ESG Discussions Among Wealth Managers and UHNW Clients
The United Nations Climate Change Conference (COP28) has sparked optimism and positive momentum in the Middle East, particularly in the realm of sustainable finance. Germany and the UAE have led the way by pledging…
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10 months, 3 weeks agoBlackRock to Cut Workforce Amid Anticipated Bitcoin ETF Approval
BlackRock, the world’s largest asset manager, is set to reduce its global workforce by approximately 3% this week. This decision is in anticipation of positive news from the United States Securities and Exchange C…
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10 months, 3 weeks agoArgentina's Dollarization May Boost Stablecoin Use, Says Tether
Tether, a prominent player in the cryptocurrency market, anticipates that Argentina’s impending dollarization will spur the use of stablecoins, particularly USDT, for everyday transactions. This shift is expected t…