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On February 26, 2024, the trading world witnessed an unprecedented event as the cumulative trading volume of spot Bitcoin ETFs soared to a staggering $2.4 billion. This remarkable achievement was highlighted by Bloomberg analyst Eric Balchunas, marking a new historic peak for these investment products. Leading the charge in
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In a determined stance against divesting from the digital currency landscape, Michael Saylor, the founder of MicroStrategy, has vocally reinforced his commitment to Bitcoin, labeling it as a "strong asset." During an enlightening interview with Bloomberg, Saylor articulated his viewpoint, which is steeped in a profound belief in
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Over the past day, the Fear and Greed Index has surged by nine points, marking a 16-point increase since the beginning of the month. This indicator has now reached a new high since November 2021. On February 13, 2024, the Fear and Greed Index soared to 79 points, matching the
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In the dynamic realm of cryptocurrency mining, the quest for affordable and sustainable energy sources is a perpetual journey. Recently, Ethiopia has emerged as an unexpected destination for Chinese bitcoin miners, drawn by the country's enticing combination of low electricity tariffs and amicable diplomatic ties with the People&
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In what could mark a significant milestone in the regulation of stablecoins, US lawmakers are reportedly on the cusp of passing a long-anticipated bill. Democratic Representative Maxine Waters has indicated that negotiations, involving key figures such as Federal Reserve representatives and House Financial Services Committee Chair Patrick McHenry, have reached
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Legal Battle Over XRP Continues Amid Regulatory Pressure In a recent legal development, Ripple Labs has been directed by a court to furnish the U.S. Securities and Exchange Commission (SEC) with its financial reports for the years 2022-2023. This decision comes as part of an ongoing legal saga between
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In a startling revelation that has sent shockwaves through the cryptocurrency world, the Ripple platform has been compromised in a significant security breach. According to the crypto expert known as ZachXBT, hackers infiltrated the Ripple system, resulting in a staggering loss of approximately 213 million XRP, valued at around $105.
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In the ever-evolving landscape of cryptocurrency, strategic alliances are pivotal in shaping the future of digital asset management. One such groundbreaking partnership has emerged between BeFi Labs and UniSat Wallet, heralding a new era in the realm of Bitcoin trading and storage. This collaboration integrates the innovative BeFi Labs terminal,
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BeFi Labs, a pioneering force in the world of cryptocurrency trading terminals, has taken a significant step forward in expanding its market presence and enhancing its service offerings. The company recently announced a new partnership with SatoshiVM (SAVM), a move that marks a significant development in the realm of digital
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Arthur Hayes, the co-founder of the BitMEX exchange and a noted cryptocurrency expert, has recently made a bold prediction regarding the future of Bitcoin's value. He anticipates a significant drop in the price of Bitcoin, foreseeing it to fall below the $40,000 mark. This prediction is particularly
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Fifteen years ago, on January 12, 2009, a groundbreaking event unfolded in the digital world, marking the beginning of a new era in financial transactions. This was the day Satoshi Nakamoto, the enigmatic founder of Bitcoin, initiated the very first transaction of the cryptocurrency. It was a modest but monumental
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In an era where artificial intelligence (AI) is reshaping industries, access to quality data has become a golden asset. Recognizing this need, Ta-da, a pioneering AI data marketplace, has recently raised a staggering $3.5 million. This investment, spearheaded by Morningstar Ventures, marks a significant milestone in Ta-da's