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Recent developments in the approval process for spot Ethereum exchange-traded funds (ETFs) have sparked greater optimism among industry experts. The Securities and Exchange Commission (SEC) has requested spot Ethereum ETF applicants to update their 19-b4 filings, prompting speculation that approvals may be on the horizon. Bloomberg ETF analyst Eric Balchunas hinted that the SEC might
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The cryptocurrency market is filled with constant fluctuations and uncertainties. However, a recent development in a crucial Bitcoin metric has sparked optimism among crypto analysts, hinting at a potential bullish rally for the world’s largest cryptocurrency. This unique technical pattern has caught the attention of experts, leading to speculations about the future trajectory of Bitcoin’s
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As we look ahead to the economic week, all eyes are on the Federal Reserve meeting minutes and the big earnings report from semiconductor giant Nvidia. These pivotal events will provide valuable insights into the future economic landscape and market trends. Last week, the U.S. Dow Jones Industrial Average (DJIA) surpassed the 40,000 mark for
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Bitcoin’s price has been experiencing fluctuations in the past 24 hours, dropping below $67,000 on multiple occasions. Despite these corrections, the cryptocurrency has reacted positively and currently hovers around the $67,000 mark. Last week, Bitcoin faced a decline to just over $61,000 due to some issues with Coinbase, but quickly rebounded and initiated a significant
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Recent reports have shed light on the increasing threat posed by North Korean cybercriminals, particularly the Lazarus Group. This notorious group has been responsible for stealing millions of dollars’ worth of cryptocurrency from various exchanges, with the stolen funds ultimately being funneled back to North Korea using sanctioned crypto mixers. The United Nations Security Council
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Draftables, the highly anticipated American football-inspired web3 game, made headlines when it sold out of Founder Pass NFTs on Avalanche’s Hyperspace in less than 10 minutes. The rapid sellout of the freebie Founder Pass NFT series on Avalanche’s Hyperspace reflects the immense excitement and anticipation surrounding the game. This impressive feat is a clear indication
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Ontario’s cryptocurrency scene was rocked by the arrest of Aiden Pleterski, known as the ‘Crypto King,’ on charges of fraud and money laundering. Along with his associate, Colin Murphy, Pleterski allegedly embezzled a staggering $30 million from unsuspecting victims. The charges were brought forth after a lengthy 16-month investigation dubbed ‘Project Swan’ by Canadian authorities.
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