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The recent filing for an XRP ETF by Canary Capital has ignited optimism in the cryptocurrency market, with experts weighing in on the potential approval chances for this investment vehicle. This development follows closely on the heels of Bitwise’s initial filing for a similar ETF in the United States. The timing is particularly noteworthy as…
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Sam Altman’s OpenAI has once again made global headlines, revealing plans to forge ahead with international expansion strategies. The AI firm on Wednesday revealed that it is opening new offices in the United States, France, and Asia, marking another monumental stride globally. Meanwhile, the expansion follows the firm’s recent billion-dollar funding, garnering additional optimism toward…
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Recent reports suggest that the US government finally has custody of 69,370 Bitcoins, worth $4.38 billion, seized from the Silk Road dark web marketplace. This has got many crypto enthusiasts to question what if the US government triggers a sell-off similar to Germany’s this year in July. Bitcoin critic Peter Schiff teases MicroStrategy chairman Michael…
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MicroStrategy, the corporate giant holding the largest Bitcoin reserves, is experiencing a significant uptick on Wall Street. The company’s stock (MSTR) closed Tuesday at $192.20, a 6-month high, and appears poised for a major breakthrough above $200. If past trends hold, Bitcoin’s price may soon follow suit, potentially surging to $70,000 and beyond. Investors have…
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The crypto prices today have illustrated mixed actions, sparking investor speculations globally. Bitcoin (BTC) price encountered considerable volatility to reach the $62K level, whereas ETH continued moving along the $2,400 mark. Simultaneously, Solana (SOL) and XRP prices experienced slight dips in the past 24 hours. However, EigenLayer (EIGEN) surfaced as today’s top gainer in the…
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Ripple Labs continues its development and testing of the Ripple USD (RLUSD) stablecoin, with the blockchain company minting millions of RLUSD tokens in recent weeks. According to the Ripple Stablecoin Tracker, the company has burned some minted stablecoins in batches. These burns included four separate transactions, each involving 115 and 120 RLUSD tokens. Ripple Burns…
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America is the largest economy in the world, and its GDP is around $29 Trillion. However, despite that, Robert Kiyosaki, the popular Book author and advisor, believes that America is falling. More importantly, he provided exact reasons why it is happening in his recent X post, sharing his concern over the country’s current situation. Additionally,…
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Crypto.com Takes Legal Action Against SEC Over Crypto Regulations In a bold move, Crypto.com has filed a lawsuit against the U.S. Securities and Exchange Commission (SEC), challenging what it sees as regulatory overreach in the cryptocurrency space. This legal action, initiated by Foris DAX Inc. (Crypto.com’s U.S. arm), is part of a broader industry pushback…
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A recent leak from the HBO documentary Money Electric: The Bitcoin Mystery has ignited speculation around the identity of Bitcoin’s enigmatic creator, Satoshi Nakamoto. The clips that appeared on the social media platforms indicate that Peter Todd, a former Bitcoin Core developer, might be unmasked as the person behind the name. Peter Todd Denies Claims…
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AAVE began the year 2024 on a slow note but the overall look at the AAVE price shows it is gaining significant momentum. It rose over 118% in a year even though last week seemed sluggish. However, the protocol recently launched the v3.2 upgrade, and experts think that could boost the AAVE price rally. This…