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The recent approval granted to CME Group for establishing its own Futures Commission Merchant (FCM) has stirred concerns within the industry. The Financial Industry Association (FIA) has voiced apprehensions regarding potential systemic risks, urging the Commodity Futures Trading Commission (CFTC) to address conflicts that may arise from CME’s expanded market role. FIA’s Concerns on Market…
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During Tuesday’s trading session, the crypto market saw substantial inflows as Bitcoin surged past the critical $70,000 level. Amid this renewed momentum, the meme coin sector, known for its volatility, displayed notable moves. In particular, the frog-themed meme coin jumped 3.7%, testing a four-month resistance. However, analysts suggest a final dip in Pepe coin price…
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The decentralized derivatives platform dYdX recently announced that it had laid off 35% of its workforce, including core team members. Despite the workforce reduction, the price of the platform’s native token, dydx, rose by 5.56%, as traders reacted positively to the restructuring news. CEO Antonio Juliano, who recently returned to the company after a six-month…
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As the Bitcoin price struggles to reach new highs, Ethereum’s largest holders are adopting a diversification strategy. These crypto whales recognize the potential of altcoins that address real-world problems through innovative DeFi applications. One such project is RCO Finance, which has raised over $4 million in its ongoing presale. Let’s learn more about this new…
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Chainlink (LINK) price has experienced a noticeable price surge, driven largely by a new collaboration with the HBAR Foundation on the Hedera blockchain. The integration of Chainlink’s data and interoperability services through Chainlink Scale will expand access for developers and provide Hedera-based decentralized applications (dApps) with essential resources. This partnership underscores the strengthening relationship between…
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During Tuesday’s U.S market session, the crypto market witnessed a surge in buying pressure as Bitcoin price rallied above $70,000. The AAVE price followed the bullish momentum along with most major altcoins, signaling renewed confidence in the Q4 bull run. However, the recent whale sell-off and strong overhead resistance suggest substantial barriers that could delay…
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With the market now undergoing a bullish momentum, Shiba Inu whales are flapping their fins in no small measure. The combined market capitalization has jumped by more 6.18% in 24 hours to $2.45 trillion. This bullish sentiment is unusual and positions all altcoins including SHIB on a path to light up all of their core…
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US President Joe Biden has expressed his appreciation to Nigerian President Bola Tinubu and the Government of Nigeria for dropping dismissed criminal charges against Tigran Gambaryan, Binance’s Head of Financial Crimes Compliance. Gambaryan, a US citizen, was arrested in February while on a business trip in Nigeria and subsequently accused of laundering $35.4 million and…
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The crypto market is up today, increasing over 5% in the last 24 hours. This price rally for crypto assets has been led by Bitcoin, which broke above $70,000 for the first time in four months and is well on course to reach its all-time high (ATH) before the month ends. Why The Crypto Market…
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As the cryptocurrency market builds momentum toward a potential 2025 bull run, several crypto stocks are capturing the attention of investors. The assets are poised to benefit from the next wave of crypto adoption, blockchain advancement, and overall bullish sentiment in the digital market. 3 Must-Watch Crypto Stocks for the 2025 Bull Market The crypto…