Category: News
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Bitcoin Inflows Surge, While Ethereum Faces Minor Dip
Over the past two days, Bitcoin ETFs have witnessed a notable rise in inflows, signaling renewed investor confidence. Data reveals that Bitcoin ETFs recorded a net inflow of $23.4 million. Leading the pack was Fidelity, which added 503 BTC (worth $28.54 million), boosting its total holdings to 171,625 BTC. This brings the total value of…
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Solana hits all time high in active addresses
According to Artemis.XYZ, Solana set a new record for daily active addresses, reaching over five million on September 10. This comes even as the price of Solana (SOL) remains near its lows from earlier in the year, with a value of around $136 per coin. Historically, Solana’s network activity has seen consistent growth, with active…
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Bitwise CIO Predicts Crypto Market Rally as Macroeconomic Clarity Emerges
Could a big crypto rally be on the horizon?Matt Hougan, Chief Investment Officer at Bitwise Asset Management, believes so. In a recent analysis, Hougan predicted a significant rally in the crypto market, driven by an expected reduction in macroeconomic uncertainties. As we approach Q4 2024, clarity on economic conditions might set the stage for a…
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Games for a Living Gears Up for Major Marketing Push Ahead of Full Game Release
Games for a Living (GFAL) is making waves as it ramps up its marketing efforts ahead of the full release of its highly anticipated games. With development nearing completion, the company is shifting its focus to spreading the word about its native token, $GFAL. In a post on X, GFAL invited the community to tag…
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SEC Crypto Fines hit $4.7B in 2024; Terraform Labs account for $4.4B
The U.S. Securities and Exchange Commission (SEC) has ramped up its enforcement actions against crypto firms in 2024, with fines totaling nearly $4.7 billion—a staggering 3,000% increase from the previous year. The SEC’s enforcement was significantly boosted by its $4.47 billion settlement with Terraform Labs and its former CEO Do Kwon in June, marking the…
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Propbase to be bridged to the BASE blockchain
Propbase CEO Kevin Goos announced that the project would be bridged to it’s namesake the BASE blockchain in September 2024. $PROPS would also be available for trading and yield farming on BASE. According to the team, all utility would still be available on the parent Aptos chain but bridging to the BASE chain will bring…
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Investors will prefer Microstrategy Stock over Bitcoin ETFs : Michael Saylor
MSTR vs. Bitcoin ETFs – A clear winner?In a recent interview on CNBC, Michael Saylor, co-founder of MicroStrategy, explained why MicroStrategy stock (MSTR) might be a better choice for investors seeking Bitcoin (BTC) exposure compared to traditional Bitcoin ETFs. As Bitcoin ETFs gain traction in financial markets, Saylor argues that MSTR offers unique advantages. MicroStrategy’s…
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MEXC Reopens RIO Withdrawals on BSC and Algorand
MEXC has announced the reopening of RIO token withdrawals on the Binance Smart Chain (BSC) after a temporary halt. The pause which raised concerns amongst the RIO holders, has now been resolved, allowing users to withdraw RIO tokens on both the BSC and Algorand networks seamlessly. With withdrawals back online, MEXC users have more flexibility…
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Bitcoin to reach $90k if Trump wins, $30k if Kamala does: Bernstein
Bitcoin’s future could greatly hinge on the outcome of the upcoming U.S. presidential election, according to analysts from Bernstein. They foresee vastly different trajectories for the cryptocurrency based on whether Donald Trump or Kamala Harris wins. If Trump secures the presidency, bitcoin could soar to between $80,000 and $90,000 by the end of 2024. However,…
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Three Protocol gets a visual rebranding.
The Three Protocol team just unveiled a new rebranding on their X page with a color scheme and color revamp done by the team. The team mentioned that this change had been done to match the ambitions of the projects. The team has still not completed a full rollout yet, with the full rollout expected…