Tag: Business

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SEC Delays Decision on Ethereum ETF Options Trading

The US Securities and Exchange Commission (SEC) has decided to postpone the approval of options trading on Ethereum (ETH) exchange-traded funds (ETFs) on the New York Stock Exchange (NYSE). This delay affects Bitwise’s ETHW,...
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Starknet Launches Crypto Staking Feature for Ethereum L2 Blockchains

Starknet, a major layer-2 blockchain operating on Ethereum, has introduced a new feature that allows users to earn money by staking their tokens and validating transactions. This move aims to decentralize the network and...
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Tether’s Trade Finance Division Successfully Funds First Oil Deal with USDT

Tether's trade finance division recently made headlines by successfully funding its first oil deal using USDT, the company's stablecoin. The $45 million crude oil transaction took place in the Middle East, marking a significant...
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U.S. Crypto Stocks Soar in Pre-Market Trading, MicroStrategy Tops $300

Crypto stocks in the U.S. are experiencing significant growth in pre-market trading, with bitcoin reaching a new all-time high above $82,000. This surge in the cryptocurrency market has led to a rise of more...
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Polymarket CEO Alleges Politically Motivated FBI Raid

Polymarket CEO Shayne Coplan believes that the recent FBI raid on his devices may have been politically motivated. He expressed his disappointment and suggested that the current administration is targeting companies associated with political...
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US Bitcoin ETFs Hold 1 Million Bitcoin Valued at $96 Billion

US Bitcoin ETFs currently hold a massive 1 million Bitcoin, with a total value of $96 billion. This staggering amount is close to surpassing the estimated 1.1 million BTC stash of Bitcoin's mysterious creator,...
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Republican State AGs and DeFi Lobby Challenge SEC’s Crypto Enforcement – Lawsuit Analysis

A group of state attorneys general and the DeFi Education Fund have filed a lawsuit against the U.S. Securities and Exchange Commission (SEC) and its five commissioners. They claim that the SEC is overstepping...
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SOS Stock Soars 100% After $50 Million Bitcoin Investment Approval

SOS Limited, a Chinese data mining and technology company, recently made headlines when its board approved a $50 million investment in Bitcoin. This decision was driven by the company's desire to diversify its assets...
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Crypto’s Impact on the 2024 U.S. Election: Real-Time Updates

The 2024 U.S. Election is unfolding with significant implications for the crypto industry. As the results come in, there are key updates on the candidates and their positions on digital assets.Democratic Senator Elizabeth Warren,...
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Bitcoin Price Surges with BlackRock ETF Breaking Records in 2024

Bitcoin saw a significant surge on Wednesday, reaching a record high of $76,481, marking its fourth-best day of the year. This increase followed the U.S. presidential election victory of Donald Trump, who expressed support...