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Bitcoin has regained the $64,000 mark, reflecting a positive shift in the cryptocurrency market. This surge has also led to a rally among crypto miners, who are benefiting from the increased prices. The recent downturn in AI-related software stocks appears to be stabilizing, contributing to the overall optimism in
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The Ethereum Foundation has begun staking a portion of its treasury in a move to enhance its financial strategy. This decision comes amid reports that co-founder Vitalik Buterin has been selling some of his ETH holdings. The foundation aims to generate additional income through staking, which could support its ongoing
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Prediction markets have seen significant growth, reaching a $3 billion run rate, with projections suggesting they could expand to a $10 billion market in the future. Citizens, a financial services company, highlights the increasing interest and investment in these markets as a driving factor. The rise is attributed to advancements
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The article discusses the contrasting perspectives on cryptocurrency legislation between the Trump administration and the Trump family's involvement in the crypto industry. While the White House has taken a cautious approach to regulating cryptocurrencies, emphasizing the need for oversight and consumer protection, the Trump family's crypto
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The Federal Reserve has proposed a new rule aimed at addressing the issue of "debanking" in the cryptocurrency sector by eliminating the concept of "reputation risk" that banks often cite when refusing to serve crypto-related businesses. This move is intended to promote financial inclusion and ensure
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WisdomTree has received approval from the SEC to enable instant settlement for its tokenized money market fund. This innovative move allows for quicker transactions and enhances liquidity in the fund, which is designed to offer investors a more efficient way to access cash-like investments. The approval marks a significant step
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Binance CEO Changpeng Zhao has suggested that the company may pursue legal action in response to a report alleging that Binance facilitated transactions for Iranian users, violating U.S. sanctions. The report, published by a news outlet, claims that Binance allowed users in Iran to access its platform, which could
WisdomTree has received approval from the SEC to launch a tokenized money market fund (MMF) that allows for 24/7 trading. This marks a significant development in the integration of cryptocurrency and traditional finance, as it enables investors to trade the fund at any time, unlike conventional MMFs that operate
A shareholder of Empery Digital is calling for the sale of over 4,000 Bitcoin held in the company's treasury, citing concerns over management's performance and decision-making. The shareholder is also demanding the resignation of key executives, claiming that the current leadership has not effectively managed
Bitcoin's recovery remains uncertain due to ongoing macroeconomic challenges, including rising interest rates and inflation concerns. Analysts highlight that these factors could hinder investor confidence and dampen demand for cryptocurrencies. Despite recent price fluctuations, Bitcoin has struggled to maintain upward momentum, with market sentiment remaining cautious. Experts suggest
The SEC has approved WisdomTree's application for a blockchain-based trading platform that enables instant, 24/7 trading of digital assets. This marks a significant milestone for Wall Street as it embraces blockchain technology, potentially transforming the trading landscape. WisdomTree aims to enhance liquidity and accessibility for investors through
Ethereum's upcoming upgrade, known as the Shanghai upgrade, will enhance the network's censorship resistance capabilities. This improvement aims to address concerns about transaction censorship and bolster the overall security of the blockchain. The upgrade is expected to be implemented in early 2023, with developers emphasizing the
Adam Back's company, BSTR, is progressing with its plans for a public listing and is optimistic about receiving approval by April. The move is part of a broader strategy to enhance its visibility and attract investment in the cryptocurrency sector. BSTR aims to leverage its unique offerings in
Solana DeFi project Step Finance has announced it will wind down operations following a significant hack that resulted in a loss of $29 million. The team cited the inability to recover from the financial impact of the breach as the primary reason for the shutdown. Users have been advised to
Kraken has launched a new trading feature that allows users to trade tokenized U.S. stocks with a crypto-style, 24/7 perpetuals trading model. This innovation enables traders to engage in continuous trading of tokenized stocks, providing greater flexibility and accessibility. The platform aims to attract both crypto enthusiasts and
Binance has expanded its offerings by adding tokenized stocks from Ondo, marking a significant move in its strategy to incorporate real-world assets (RWAs) into its platform. This addition allows users to trade tokenized versions of popular stocks, enhancing liquidity and accessibility. The integration aims to bridge the gap between traditional
Smarter Web has secured a $30 million credit line from Coinbase to accelerate its Bitcoin purchases following recent fundraising efforts. The company aims to leverage this credit facility to enhance its cryptocurrency investments and operational capabilities. This move comes as part of Smarter Web's strategy to capitalize on
Bitcoin traders are experiencing significant "excess loss-realization," which could lead to a decline in BTC prices below $44,000. This phenomenon occurs when traders sell their holdings at a loss to offset gains elsewhere, potentially increasing selling pressure on the market. Analysts suggest that if this trend continues,
Terraform Estate has filed a lawsuit against Jane Street, alleging that the trading firm engaged in manipulative practices that contributed to the collapse of the cryptocurrency market in 2022. The lawsuit claims that Jane Street's actions led to significant financial losses for Terraform, which was heavily impacted during