Rootoshi
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10 months, 2 weeks agoBitcoin ETF Decision Looms: Boom or Bust for Global Investors?
The attractiveness of cryptocurrencies for investment purposes could be affected by changes in tax laws. At the same time, the number of coins that Spot-Bitcoin-ETFs would need to hold to be profitable could make…
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10 months, 2 weeks agoSEC Reissues Warning Ahead of Potential Bitcoin ETF Approval
The United States Securities and Exchange Commission (SEC) has reiterated its cautionary stance on FOMO crypto investing, just days before the expected approval of spot Bitcoin exchange-traded funds. The SEC’s O…
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10 months, 2 weeks agoPróspera Economic Zone in Honduras Recognizes Bitcoin as Unit of Account
Próspera, a special economic zone in Roatan, Honduras, has officially recognized Bitcoin as a unit of account less than two years after adopting it as legal tender. This means Bitcoin can now be used to measure…
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10 months, 2 weeks agoWhales Buy Bitcoin, Ethereum Amid Market Dip, Anticipate Quick Recovery
On January 7, 2024, a significant drop in the value of Bitcoin (BTC) and Ethereum (ETH) has drawn the attention of large-scale cryptocurrency investors, commonly known as whales. Two such investors have capitalized…
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10 months, 2 weeks agoGlobal Decline in Bitcoin ATMs Despite Record Cryptocurrency Growth in 2023
In a surprising turn of events, the number of kiosks offering the option to purchase cryptocurrencies using cash or debit cards has been on a decline, despite Bitcoin’s record-breaking performance throughout 2…
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10 months, 2 weeks agoCoinsPaid Suffers Second Security Breach, $7.5 Million in Crypto Stolen
Crypto payment gateway CoinsPaid has fallen victim to its second security breach in the past six months, with unauthorized transactions amounting to nearly $7.5 million. The breach was detected by Web3 security…
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10 months, 2 weeks agoSolana Outperforms Ethereum, Analyst Cites Simplicity as Key Factor
Analyst Qiao Wang of Alliance DAO has recently commented on the complexities of Ethereum (ETH) development and scaling narratives, stating that they may be too intricate for average developers and entrepreneurs.…
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10 months, 2 weeks agoBitcoin Investors Brace for Possible 40% Dip in March, Says Hayes
Arthur Hayes, a renowned thought leader in the crypto industry, has warned Bitcoin investors to prepare for a potential 40% dip in March due to macroeconomic factors. In a recent blog post, Hayes highlighted three…
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10 months, 2 weeks agoFidelity Emerges as Cheapest in Bitcoin ETF Race Amid Fee Competition
As the approval of a Bitcoin spot ETF becomes increasingly likely, the focus is shifting from the excitement of the potential approval to the fundamental aspects of these ETFs, such as on-chain trading transparency…
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10 months, 2 weeks agoXRP Ledger's Potential as Global Utility Asset Amid Contrasting Claims
XRP Ledger (XRPL), the blockchain technology behind the XRP token, is capable of processing 3,400 transactions per second (TPS), which equates to 293 million transactions daily. This impressive capacity has led to…
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10 months, 2 weeks agoFinancial Advisors Show Growing Interest in Cryptocurrencies, Survey Reveals
The cryptocurrency sector is witnessing a surge in interest from financial advisors, with 88% reporting increased client curiosity. This has led to 59% of advisors independently adopting cryptocurrencies. Bitcoin…
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10 months, 2 weeks agoARB Token's Rise Tied to Arbitrum's Innovations and Ethereum Scalability
ARB, the native token of Arbitrum, is making waves in the Ethereum ecosystem. With a market capitalization nearing $2 billion and backed by $9.8 billion in LTV, Arbitrum is leading the way in scaling solutions,…
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10 months, 2 weeks agoCardano's ADA Faces Challenges and Opportunities in 2024
Cardano’s ADA has had a challenging start to 2024, with a 10% drop in value due to regulatory uncertainty. The volatile nature of the cryptocurrency market presents both challenges and opportunities for ADA, m…
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10 months, 2 weeks agoProspera ZEDE Incorporates Bitcoin as Official Unit of Account
The Honduran Special Economic Zone, Prospera ZEDE, has officially recognized Bitcoin as a unit of account, a significant milestone in the regional acceptance of cryptocurrencies. This announcement was made by Jorge…
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10 months, 2 weeks agoBitcoin ETFs Nearing Approval: A Milestone in US Financial Market
Major U.S. exchanges are on the brink of approving the country’s first Bitcoin exchange-traded funds (ETFs), signaling a significant milestone in the cryptocurrency world. The advanced stage of Bitcoin ETFs, set t…
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10 months, 2 weeks agoCrypto Malware 'Wallet Drainers' Steal $295 Million in a Year
In the ever-evolving world of cybercrime, a new form of malware, known as “Wallet Drainers,” has been making significant strides. This malware, discovered by Scam Sniffer, is deployed on phishing websites to tri…
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10 months, 2 weeks agoDigital Currency Group Clears $1 Billion Debt, Retains Genesis Stake
Digital Currency Group (DCG), a venture capital firm, has successfully made a $700 million payment to its subsidiary, Genesis Global Capital (GGC). This payment settles short-term loans from the now-insolvent…
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10 months, 2 weeks agoBitcoin ETF Approval May Trigger 'Buy the Rumor, Sell the News' Pattern
The financial community is on edge as it awaits the SEC’s decision on Bitcoin ETF filings. This has sparked speculation about the potential market impacts. The concept of “buy the rumor, sell the news” is being…
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10 months, 2 weeks agoEthereum's Buterin Shuffles USDC Funds Amid Market Slump, Reveals 2024 Focus
Ethereum’s cofounder, Vitalik Buterin, recently made a significant transfer of USDC, a stablecoin pegged to the U.S. dollar. The Vitalik Buterin-labeled address moved 3,300 USDC in the early hours of today. The r…
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10 months, 2 weeks agoCrypto Exchanges Adapt to New UK Regulatory Standards
In response to new regulations imposed by the UK government, several crypto exchanges are taking necessary steps to comply. The regulations, part of the Financial Services and Markets Act, now include firms dealing…
