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   Business News    Financial News   Financial News

  Posted by u/ one year ago

Dogecoin finds buyers at $0.06, focus shifts to the $0.08 area

Dogecoin remains bearish while below $0.08 A move above would invalidate the lower highs series A weak US dollar might matter more for Dogecoin than anything else Not much is happening in the cryptocurrency market lately. Traders used to high volatility levels were disappointed lately. For example, Dogecoin has been in consolidation for more than […]

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  Posted by u/ one year ago

Whales bought $388M of Bitcoin just before the Grayscale-SEC news

Bitcoin price rose sharply on Tuesday, reaching highs of $28k after news of Grayscale’s win against the SEC.  Santiment has shared data showing whales and sharks scooped over $388 million in BTC ahead of the news. Bitcoin (BTC) whales have accumulated more and more over the past few months, with price dips providing a good […]

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  Posted by u/ one year ago

Core Quickswap Members Launch 50x Leverage on Kava Chain

Georgetown, Cayman Islands, August 30th, 2023, Chainwire Multiple core contributors of Quickswap, celebrated for their success on Polygon, have launched their next venture: Kinetix Finance on Kava Chain. Kava Chain is a Layer-1 Cosmos-Ethereum interoperability blockchain. The Kinetix Finance perpetual exchange is tailored for users eager to leverage trade without the limitations of traditional centralized […]

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  Posted by u/ one year ago

Bitcoin Cash price outlook: Sellers pounce after BCH spike above $220

Bitcoin Cash price is down 5% on the day after rising 21% on Tuesday as Grayscale news helped push BCH to above $228.  Sellers could push the altcoin’s price lower amid broader market’s profit taking deals. Bitcoin Cash (BCH) was one of the biggest gainers Tuesday after crypto surged on news of Grayscale’s court victory […]

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  Posted by u/ one year ago

Bitcoin spot ETF? Experts say SEC has ?very little wiggle room?

ETF analyst Eric Balchunas and James Seyffart say the odds of a Bitcoin spot ETF approval this year are 75%. The Bloomberg ETF analysts say the SEC has “very little wiggle room” and that denying spot ETFs further would be “politically untenable”. The SEC has suffered both legal and PR loss after Grayscale’s win. The […]

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  Posted by u/ one year ago

Judge rules in favour of Uniswap in class action lawsuit

A US court has dismissed the class action lawsuit against crypto platform Uniswap. The suit alleged Uniswap users lost money in scam tokens on the platform,but the judge ruled you cannot sue software of provider of the software for crimes committed by third parties. Judge Katherine Polk Failla of the US District Court for the […]

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  Posted by u/ one year ago

How to protect your crypto in a volatile market: Bitcoin OGs and experts weigh in

Crypto OGs Brock Pierce and Tim Draper and other experts provide essential advice on how to protect your hard-earned stack.

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  Posted by u/ one year ago

Crypto Exchanges Saw Inflows of 30K Bitcoin Prior to Grayscale's SEC Victory

The exchange supply of bitcoin increased significantly just prior to Grayscale's win over the SEC, according to analytics firm Santiment.

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  Posted by u/ one year ago

EOS Network's Token Receives Trading Approval in Japan, EOS Surges Nearly 10%

Under the Payment Services Act, the JVCEA and FSA, two financial bodies, closely monitor and regulate crypto-asset providers, requiring a thorough pre-screening process for new tokens.

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  Posted by u/ one year ago

Sam Bankman-Fried?s Planned Defense ?Irrelevant? Without More Details, Govt Says

The FTX founder?s constitutional rights are being violated because he is ?unable? to prepare his defense from jail, his lawyers argued.

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  Posted by u/ one year ago

Crypto Bank Seba Wins In-Principle Approval to Operate in Hong Kong

Approval is the first step in acquiring a full license for Seba Hong Kong to deal in crypto or virtual assets-related products and traditional securities

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  Posted by u/ one year ago

Grayscale Ruling Does Not Guarantee Bitcoin Spot ETF Approval, Traders Say

?It doesn't mean that now Grayscale will be 100% able to list a spot Bitcoin ETF, nor that this will happen in the future,? one trader said.

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  Posted by u/ one year ago

Genesis Lender Group Opposes ?Wholly Insufficient? DCG Deal

Creditors with $2.4 billion in claims against the bankrupt crypto lender could scupper an agreement made after months of wrangling.

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  Posted by u/ one year ago

Grayscale Victory Against SEC Clears Path for Spot Bitcoin ETFs: Bernstein

The ruling increases the likelihood the SEC might approve all bitcoin spot ETF applications together, the report said.

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  Posted by u/ one year ago

Sam Bankman-Fried's Allotted Prison Tech Is Inconvenient, but Fair: U.S. DOJ

Federal prosecutors say the FTX founders' access to technology in pre-trial detention goes "above and beyond '' that which other defendants have been offered.

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  Posted by u/ one year ago

First Mover Americas: Bitcoin Rallies on Grayscale Court Win Over SEC

The latest price moves in bitcoin (BTC) and crypto markets in context for August 30, 2023. First Mover is CoinDesk?s daily newsletter that contextualizes the latest actions in the crypto markets.

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  Posted by u/ one year ago

Ethereum Handled Friend.tech Frenzy Without 'Gas Fee' Spike. Why That?s a Big Deal

Friend.tech, Crypto's latest fad, didn't drive up congestion and fees on Ethereum the way frenzies have in the past ? possibly a sign that the blockchain's efforts to scale by fostering supplemental "layer-2" networks, like Coinbase's new Base, are bearing fruit.

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  Posted by u/ one year ago

A Guide to TradFi Blockchain Adoption

As financial institutions look to come on-chain, total value locked, or TVL, is anticipated to be the leading indicator of where adoption will occur.

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  Posted by u/ one year ago

Why Good Indexes Are Vital to Crypto?s Future

Indexing is vital for the advancement of new asset classes like crypto, but the U.S. regulatory crackdown is hampering their development.

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  Posted by u/ one year ago

Controversial Digital Euro Plan to Be Led by Architect of Landmark MiCA Crypto Law

The center-right lawmaker previously negotiated the landmark MiCA crypto law for the European Parliament

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  Posted by u/ one year ago

Robinhood?s Crypto Wallet Adds Bitcoin and Dogecoin

Robinhood Markets is expanding the assets supported by its crypto wallet.

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  Posted by u/ one year ago

Bitcoin Average Trade Size Jumps to Highest Level Since June After Grayscale Ruling

The increase in average trade size could suggest large traders are more active, said research firm Kaiko.

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  Posted by u/ one year ago

The Protocol: Friend.tech Fades as Crypto Craze, but Ethereum Is Scaling

This week in blockchain tech: Polygon's new "chain development kit," Farcaster's move to Optimism, Shibarium's return and Interlay's new Bitcoin layer-2 network, and Pancake Swap expands to Consensys's Linea.

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  Posted by u/ one year ago

Sam Bankman-Fried Lawyers ?Need? Him Out Of Jail Ahead of Trial, They Tell Judge

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  Posted by u/ one year ago

StarkWare Restores Crypto Access for Delinquent Wallet Updaters, After Complaints on X

After users complained on X, StarkWare walked back on a move in which it implemented an upgrade that made users' funds inaccessible.

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  Posted by u/ one year ago

Save a Tree, Use Web3

Distributed technologies can reshape supply chains, and help consumers and businesses to make more responsible decisions.

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  Posted by u/ one year ago

Bitcoin Slips to $27.2K, Cryptos Dip as Investors Digest Grayscale?s Court Win

Some signs suggest potential market weakness despite Tuesday?s rally, market observers noted.

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  Posted by u/ one year ago

Grayscale?s SEC Victory May Render Alameda?s Redemptions Lawsuit Unnecessary, Bloomberg Analysts Say

The ruling could lead to Grayscale's GBTC converting into a bitcoin ETF, which would allow redemptions, making Alameda's suit unnecessary, Bloomberg Intelligence analysts said in a note on Wednesday.

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  Posted by u/ one year ago

Gemini Opposes Genesis Bankruptcy Plan: 'Woefully Light on Specifics'

Attorneys for crypto exchange Gemini argued that a proposed resolution for Genesis' bankruptcy doesn't have enough detail or provide any assurances for some if its largest debtors in a new filing Wednesday.

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  Posted by u/ one year ago

EOS secures regulatory approval in Japan, will trade against yen

The EOS Network Foundation announced that the EOS token will start trading on the Japanese exchange BitTrade in September.

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  Posted by u/ one year ago

Transport Operators in Jamaica Interested in Adopting CBDC Payments

Transport operators inÂ\xa0JamaicaÂ\xa0have expressed interest in using the country'sÂ\xa0central bank digital currency (CBDC)Â\xa0for payments.

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  Posted by u/ one year ago

Robinhood Ends Crypto Partnership with Jump Trading \x93Â\xa0What's Going On?

Robinhood has reportedly ended its crypto business relationship with market maker Jump Trading, and the regulatory environment in the US may be a reason.

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  Posted by u/ one year ago

New Sonik Coin (SONIK) Presale Powers to $750,000 Milestone, 5 Days Remain

New meme crypto Sonik Coin (SONIK), which began its presale in mid-August, has now raised over $750,000 and ends in just five days time, or when its hard cap of

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  Posted by u/ one year ago

DOJ Asks Court to Reject Bankman-Fried's Planned Defense, Labeling it 'Irrelevant'

The US Department of Justice has asked a court to rejectÂ\xa0Sam Bankman-Fried's planned defense to blame a law firm for theÂ\xa0FTXÂ\xa0fraud.

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  Posted by u/ one year ago

UN Alerts Rapid Rise of Victims in Southeast Asia 'Forced' Into Crypto Scams

The report said at least 120,000 people across Myanmar and 100,000 in Cambodia may be trapped in online scam operations ranging from crypto fraud to online gambling.

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  Posted by u/ one year ago

Prada Group Uses Blockchain Technology to Verify Authenticity of Products

Prada Group, the parent company of Miu Miu, has embraced high-tech solutions like blockchain technology to combat counterfeit products.

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  Posted by u/ one year ago

Today in Crypto: Binance Japan to Offer 3x More Coins, HashKey Partners with imToken

Get your daily, bite-sized digest of cryptoasset and blockchain-related news.

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  Posted by u/ one year ago

Warren Davidson Reiterates Call for Gary Gensler?s Removal After Grayscale Win

The SEC's loss to Grayscale has caused Rep. Warren Davidson to renewed calls for Gensler's removal.

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  Posted by u/ one year ago

Price analysis 8/30: BTC, ETH, BNB, XRP, ADA, DOGE, SOL, TON, DOT, MATIC

Bitcoin and altcoins are struggling to hold the gains accrued earlier this week, a potential sign that the price breakout was just a response to Grayscale's victory over the SEC.

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  Posted by u/ one year ago

Grayscale CEO Talks Next Steps After Defeating The SEC In Court

The SEC has 45 days to appeal the court?s ruling, but Grayscale remains prepared to fight.

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  Posted by u/ one year ago

Circle?s USDC Stablecoin Coming to Coinbase?s Base Next Week

Coinbase and Circle ? the company behind USDT?s largest competitor, USDC ? have been working together closely since the beginning.

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  Posted by u/ one year ago

Can PEPE make a comeback? Traders, analysts and Pepe maxis weigh in

Cointelegraph also spoke to developers purportedly behind a new PEPE token spin-off, who claim the new one is everything 'the old Pepe token should have been.'

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  Posted by u/ one year ago

Robinhood?s Web3 Wallet Now Adds Support For Bitcoin And Dogecoin Network

Robinhood, the investment platform, has unveiled a significant upgrade for users of its self-custody Web3 wallet. Now, those who utilize Robinhood's wallet can engage with the Bitcoin and Dogecoin networks, facilitating custody as well as sending and receiving cryptocurrencies.

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  Posted by u/ one year ago

Vietnam?s Crypto Surge: A Beacon of Growth Amidst Global Economic Challenges

Amidst the global economic challenges, Vietnam has emerged as a bright spot in the Asian market, shining particularly in the realm of cryptocurrencies.

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  Posted by u/ one year ago

Robinhood Is The Fifth Largest Ethereum Wallet With $2.54B In ETH

Investment and trading platform Robinhood has emerged as a significant holder of cryptocurrency, with its fifth-largest Ethereum (ETH) wallet containing $2.54 billion, according to data from Arkham Intelligence. These funds are securely maintained to manage user balances, reflecting the company's custody approach.

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  Posted by u/ one year ago

Grayscale?s Legal Triumph Boosts Prospects for Bitcoin ETF Approval: CEO Sonnenshein

Grayscale Investments CEO Michael Sonnenshein is cautiously optimistic following a recent legal victory that paves the way for a potential Bitcoin exchange-traded fund (ETF).

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  Posted by u/ one year ago

Argentina Leads As Worldcoin?s World ID Shatters Records

In a remarkable display of adoption, Worldcoin's revolutionary World ID service has shattered records in Argentina. The country, known for its tech innovation and crypto enthusiasm, witnessed a surge in demand for World ID verifications, resulting in an astonishing single-day record of 9,500 users completing verification processes.

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  Posted by u/ one year ago

Curve Finance Integrated With Base To Offer New Liquidity Pools

Curve Finance, a prominent decentralized exchange protocol tailored for Stablecoins and Crypto Assets pegged 1:1 in value, has unveiled its latest liquidity pools on Layer 2 Base. While a forthcoming router (trading interface) is in the works, users can engage in trading directly within the pools.

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  Posted by u/ one year ago

Coinbase CEO Reveals Top 10 Crypto Innovations And Predictions For The Future

Coinbase CEO Brian Armstrong shares his top 10 crypto innovations and predictions for the future, including Flatcoin and Onchain Reputation.

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  Posted by u/ one year ago

Ethereum Secures Commodity Status: Uniswap?s Legal Victory Sets Precedent

According to a recent announcement, the US District Court for the Southern District of New York's judge ruled in favor of Uniswap in a class action lawsuit on August 29. The ruling explicitly categorized Ethereum as a commodity, not a security.

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