Category: Crypto
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Fantasy.top and Pump.fun among top 10 crypto protocols for fees
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Fantasy.top and Pump.fun have emerged as two leading cryptocurrency protocols, ranking among the top 10 protocols in terms of fees and revenue generated. Despite being relatively new, both platforms have quickly built large user bases and trading volumes, according to Devillama data. Fantasy.top, a decentralized exchange focused on trading cards…
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Ethereum (ETH) Capital Inflows Pales in Comparison to Bitcoin (BTC)
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During the ongoing cycle, BTC and ETH have seen increasing divergence in their respective performances. According to Glassnode results, this can be attributed to the overall trend of weaker capital turnover, especially compared to previous cycles and all-time high breakouts. Ethereum is receiving weak capital inflows In the run-up to…
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Bankrupt Crypto Exchange FTX Lines Up $16 Billion To Repay Creditors
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bankrupt cryptocurrency exchange, FTX he have unveil A new payment plan aimed at Payment of creditors And clients are offering billions in compensation for the time value of their investments. FTX fully compensates clients In a press release on May 7, FTX a statement It will pay 98% of its…
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Dylan LeClair Joins “MicroStrategy of Asia” as Director of Bitcoin Strategy
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Metaplanet, a decades-old public Japanese company that provides hospitality and technology-related services, recently announced a major strategic pivot — embracing Bitcoin as a core asset for its corporate treasury. Last month, Metaplanet revealed that it had acquired over $6 million worth of Bitcoin, marking the company’s foray into digital assets.…
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Is The PEPE Dream Over? Analyzing The Meme Coin’s Price Drop
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The once-thriving meme coin Pepe (PEPE) has hit a rough patch, seeing a… prices drop Nearly 10% in the last 24 hours. This sudden downturn comes amid a wave of questions surrounding massive token withdrawals from a major exchange and the general future of the meme-inspired cryptocurrency. PEPE price falters…
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The Largest Corporate Holder Of Bitcoin
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The world of cryptocurrencies has seen a plethora of fascinating developments, but MicroStrategy’s journey stands out as a shining example of the transformative power of digital assets. In a stunning turn of events, this US-based software company has amassed a stock of Bitcoin larger than those of any single country,…
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LocalMonero exchange shutters due to ‘internal and external factors’
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LocalMonero, one of the largest centralized peer-to-peer platforms for XMR trading, is shutting down its services amid the global crackdown on privacy-focused tokens. The central peer-to-peer marketplace for trading Monero (XMR), LocalMonero, is shutting down its services, citing “internal and external factors” as the reason behind the move. in Blog…
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DOGE, SOL, AVAX Keep Plummeting as BTC Slumps Toward $62K (Market Watch)
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Bitcoin’s positive price movements at the start of the business week were short-lived as the asset has lost over $3,000 since then and is now struggling to stay above $62,000. Altcoins are not in better shape, with DOGE, SOL, and AVAX down 5% or more in the past 24 hours.…
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SEC Takes Another Stab At Ripple In Its Final Brief: Details
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The SEC has filed a response summary of remedies in its ongoing legal battle with Ripple Labs, accompanied by supporting exhibits. This filing represents a pivotal moment in the lawsuit as it stands Final summary Before Judge Torres issues his ruling on remedies. The SEC provides a final summary as…
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Going Bankless: Bitcoin Offers The Ultimate Financial Freedom
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It is often said that Bitcoin allows anyone to be their own bank. If you know anything about the Bitcoin ethos and the underlying technology, you’ve probably heard of this concept before. But do you know exactly how that works and why Bitcoin is more suitable as a store of…
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DOT Price (Polkadot) Reaches Key Juncture, Is This Bulls Trap or Correction?
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Polkadot (DOT) is correcting gains from the $7.5 resistance level against the US dollar. The price could start another rise if it remains above the $6.75 support level. DOT gained pace and tested the $7.5 resistance level against the US dollar. The price is trading above the $7.00 area and…
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Australia Eyes Unreported Crypto Transactions: Taxman Targets 1.2 Million Accounts
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The Australian Tax Office (ATO) has requested personal data and transaction details from cryptocurrency exchanges for up to 1.2 million accounts to crack down on potential tax evaders, Reuters reported. The move represents a major escalation in the ATO’s efforts to ensure compliance in the rapidly expanding cryptocurrency market. Overseeing…
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Revolut Enters The Crypto Exchange Arena By Launching Revolut X; UK’s Newest Digital Asset Trading Platform
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Image from Coin Journal In the rapidly evolving world of digital finance, the emergence of dedicated cryptocurrency exchanges has become an important trend, as traditional financial institutions increasingly embrace the potential of this thriving market. One such player that has recently made its foray into the cryptocurrency exchange scene is…
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Starknet Foundation launches $5m grant program
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The Starknet Foundation announced the launch of a $5 million grant program for 200 cryptocurrency project teams. According to the Starknet Foundation team, this initiative aims to provide 200 cryptocurrency project teams with up to $25,000 USDC in funding to accelerate the growth of the Starknet ecosystem. Introducing the Starknet…
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SEC Chair Blames Journalists For Asking Him About Crypto So Much
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One of the government’s most powerful enemies in crypto believes journalists are questioning him about the booming asset class too much. SEC Chairman Gary Gensler appeared in a nine-minute interview with CNBC on Wednesday and blamed the host for asking such a “large percentage” of questions focused on cryptocurrencies. Gensler…
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SEC Chair Gensler: Crypto Represents ‘Outsized’ Share Of Scams And Fraud In Overall Markets
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In a recent interview with CNBC, the head of the Securities and Exchange Commission (SEC). Gary Gensler He reiterated his concerns about the cryptocurrency industry, highlighting its alleged connection to scams, fraud and compliance issues within the broader market. Compliance with cryptocurrency securities laws Gensler started with Recognition That although…
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SEC Chair Gensler: Crypto Represents ‘Outsized’ Share Of Scams And Fraud In Overall Markets
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In a recent interview with CNBC, the head of the Securities and Exchange Commission (SEC). Gary Gensler He reiterated his concerns about the cryptocurrency industry, highlighting its alleged connection to scams, fraud and compliance issues within the broader market. Compliance with cryptocurrency securities laws Gensler started with Recognition That although…
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Investment Firm Discloses Over $1.8 Billion in Bitcoin ETF Holdings in SEC Filing
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Susquehanna International Group, LLP (SIG), a global trading, technology and investment firm, disclosed that it owns more than $1.8 billion worth of Bitcoin exchange-traded funds (ETFs) through a 13F-HR filing with the Securities and Exchange Commission (SEC). ), provides a detailed analysis of SIG’s investment portfolio. Deposit reveal The investment…
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Over 5 Million Wallets Now Profitable as Potential Surge Looms
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So far, Dogecoin has emerged as a significant player among the largest altcoins, showing signs of a strong comeback, particularly through the recent profitability of its numerous wallet addresses. A surge in profitable Dogecoin addresses Recently Data From IntoTheBlock reveals a significant increase in the profitability of Dogecoin addresses. Of…
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Unlocking The Anonymity Of The E-Rupee: RBI’s Innovative Approach
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India’s journey towards adopting the digital rupee, also known as e-rupee or Central Bank Digital Currency (CBDC), highlights the relentless pursuit of innovation and user-centric solutions. The Reserve Bank of India (RBI) is dedicated to improving the Central Bank Central Banking (CBDC) framework, with a major focus on enhancing privacy…