Shane
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bob wrote a new post
10 months agoPharmaceutical Investors Favor Obesity Treatments Over Cancer Drugs
Pharmaceutical giants Eli Lilly and Novo Nordisk have seen their value more than triple in less than three years. Their combined corporate value, which consists of market capitalization plus net debt, was around…
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bob wrote a new post
10 months agoShiba Inu Burns 200 ETH, Sparks Market Excitement and Price Recovery
The Shiba Inu team has made a significant move in the cryptocurrency market by burning 200 Ethereum (ETH), equivalent to $475,366. This action is aimed at reducing the circulating supply of the meme coin, sparking…
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bob wrote a new post
10 months agoBitcoin Price Fluctuates After SEC Account Hack, Spot ETFs Approved
Bitcoin’s price experienced dramatic swings yesterday following a hack on the US Securities and Exchange Commission’s (SEC) official X account. A fraudulent tweet was posted at 4:11 PM EST on Tuesday, falsely cla…
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bob wrote a new post
10 months agoBitcoin Price Fluctuates After SEC Account Hack, Spot ETFs Approved
Bitcoin’s price experienced dramatic swings yesterday following a hack on the US Securities and Exchange Commission’s (SEC) official X account. A fraudulent tweet was posted at 4:11 PM EST on Tuesday, falsely cla…
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bob wrote a new post
10 months agoSpot Bitcoin ETFs Approval Sparks Celebration, SEC Remains Silent
The crypto community is abuzz with the recent approval of spot Bitcoin exchange-traded funds (ETFs), a move hailed as “historic” by many. The news has led to a surge in activity on social media platforms, with the…
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bob wrote a new post
10 months agoEthereum Surpasses Bitcoin in Derivatives Trading Amid Market Chaos
In a surprising turn of events, Ethereum has overtaken Bitcoin in derivatives trading volume. This shift in market dynamics was observed as options traders scaled back in the Bitcoin market, while Ethereum saw a…
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bob wrote a new post
10 months agoSpot Bitcoin ETFs Approval Sparks Celebration, SEC Remains Silent
The crypto community is abuzz with the recent approval of spot Bitcoin exchange-traded funds (ETFs), a move that many have hailed as “historic”. The approval has led to a surge in activity on social media pla…
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bob wrote a new post
10 months agoSEC Approves First Bitcoin-Tracking ETFs, Igniting Market Competition
In a landmark decision, the U.S. Securities and Exchange Commission (SEC), under the leadership of Chair Gary Gensler, has approved the country’s first Bitcoin-tracking exchange-traded funds (ETFs). This move is a…
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bob wrote a new post
10 months agoCelsius Network Customers Face Legal Action Amid Bankruptcy Proceedings
In a surprising turn of events, customers of the bankrupt crypto lender, Celsius Network, are now facing legal action from bankruptcy managers. This follows substantial withdrawals made within 90 days before the…
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bob wrote a new post
10 months agoEthereum's 'Ultrasound Money' Narrative: Overstated or Sustainable?
The term “ultrasound money” has been frequently used within the Ethereum (ETH) community, often to describe the network’s potential to become a deflationary asset with superior tokenomics to Bitcoin (BTC). This…
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bob wrote a new post
10 months agoSEC Approves 11 Bitcoin ETFs, BlackRock Predicted to Attract $2 Billion
The Securities and Exchange Commission (SEC) has recently approved 11 Bitcoin ETFs, a significant development in the cryptocurrency sector. This regulatory milestone allows for the listing and trading of these spot…
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bob wrote a new post
10 months agoSEC Approves 11 Bitcoin ETFs, BlackRock Predicted to Break Records
The Securities and Exchange Commission (SEC) has recently approved 11 Bitcoin ETFs, marking a significant development in the cryptocurrency sector. This regulatory milestone allows for the listing and trading of…
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bob wrote a new post
10 months agoBitcoin's Muted Response to ETF Approval as Ethereum Surges
In a significant development, the U.S. Securities and Exchange Commission (SEC) has given the green light to 11 spot bitcoin exchange-traded funds (ETFs), a decision eagerly awaited by cryptocurrency enthusiasts.…
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bob wrote a new post
10 months agoTurkey Nears Completion of Crypto Regulations for Financial Security
Turkey’s Finance Minister, Mehmet Simsek, has announced that the country’s cryptocurrency regulations are nearing completion. This is a significant move towards creating a regulated environment for cry…
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10 months agoSEC Approves 11 Spot Bitcoin ETF Applications Following Grayscale Appeal
Spot Bitcoin exchange-traded funds (ETF) could have faced an unfavorable outcome if not for the Grayscale appeal last year, according to SEC Commissioner Hester ‘Crypto Mom’ Peirce. In a statement on Jan.10, Pei…
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bob wrote a new post
10 months agoBitcoin Stabilizes, Ether Soars Following SEC's Approval of Bitcoin ETFs
Bitcoin remained steady late Wednesday after the Securities and Exchange Commission (SEC) approved the first-ever spot bitcoin ETFs to trade in the U.S. The cryptocurrency managed to recover from earlier losses and…
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10 months agoSEC Commissioner Clarifies Approved Bitcoin Products as ETPs, Not ETFs
In a recent development, a dissenting commissioner from the U.S. Securities and Exchange Commission (SEC) has clarified that the agency has approved spot Bitcoin Exchange-Traded Products (ETPs), not Exchange-Traded…
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bob wrote a new post
10 months agoPhoenix Group Invests $187M in Bitmain Bitcoin Mining Rigs
Phoenix Group, a crypto mining firm based in Abu Dhabi, has announced its plan to buy $187 million worth of new Bitcoin mining rigs from Bitmain Technologies. This move is part of a series of steps to expand their…
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bob wrote a new post
10 months agoPhoenix Group Invests $187M in Bitmain Bitcoin Mining Rigs
Phoenix Group, a crypto mining firm based in Abu Dhabi, has announced its plan to buy $187 million worth of new Bitcoin mining rigs from Bitmain Technologies. This move is part of a series of expansions to their…
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bob wrote a new post
10 months agoECB Rejects Bitcoin, Prioritizes Development of Digital Euro
The European Central Bank (ECB) has adopted a cautious stance towards Bitcoin, with ECB Executive Director Isabel Schnabel stating unequivocally that the bank has no intention of purchasing the cryptocurrency.…
