Tag: Cryptocurrency investments

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Tether Partners with Dutch Firm to Launch MiCA-Compliant Stablecoins

Tether has recently made an investment in a Dutch fintech company called Quantoz to launch two new stablecoins, EURQ and USDQ. These stablecoins will be compliant with the EU's Markets in Crypto-Assets Regulation (MiCA)...
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Ethereum Price Breakout: 2 Million Addresses Could Profit at $3,200

Ethereum has bounced back above $3,000, bringing relief to holders and traders after a recent dip below $2,800. The focus now is on whether the price can break through the $3,200 level, a move...
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Altcoin ETFs to Fuel Explosive Growth in Crypto Market by 2025

Bloomberg's senior ETF analyst, Eric Balchunas, recently shared his insights on the potential impact of altcoin ETFs on the crypto market in 2025. According to Balchunas, the approval of over 40 altcoin-related ETFs could...
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PYUSD Market Cap Surges 150% After Solana Launch

PYUSD market cap has seen a significant increase of 150% after expanding to the Solana ecosystem, reaching a total value of $684 million according to DefiLlama data. It's interesting to note that PYUSD usage...
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Unlocking the Potential: Bitcoin Protocol Babylon Attracts $1.5B in Staking Deposits

Bitcoin protocol Babylon recently completed its second staking round, which saw an increase in deposits to approximately 24,000 BTC, equivalent to $1.5 billion, up from the initial 1,000 BTC. This round was unique as...
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Bitcoin ETFs See Record $1.1 Billion Inflow in Historic BlackRock Boost

BlackRock, one of the world's largest asset managers, experienced a historic inflow of $1.12 billion into its IBIT on November 7th. This influx of capital surpassed the total combined inflows for all spot Bitcoin...
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US Bitcoin ETFs Reach $100 Billion, Impacting Largest Bitcoin Holders

US Bitcoin ETFs have made a significant impact in the market, surpassing $100 billion in net assets. This milestone, achieved in just 10 months since their launch in January, represents 5.4% of Bitcoin's total...
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Bitcoin Whales Increase Holdings Amid Crypto Market Turmoil: ETF Investors Stay Put

Bitcoin investors experienced a volatile weekend as prices dropped to $49,000 before bouncing back to around $56,000 on Monday. This price action led to different reactions from holders, with large asset holders, known as...
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Citi Alumni Startup Launches XRP-Backed Securities

A group of former Citigroup executives has founded Receipts Depositary Corp. (RDC), a startup that is expanding its product suite by launching XRP-backed securities. This move will provide institutions with access to XRP securities...
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Support for Staking in US Crypto Landscape

Staking in the US Crypto Landscape: Navigating Regulatory ChallengesStaking has become a cornerstone of blockchain innovation, revolutionizing the way digital assets are secured and maintained since the dawn of Bitcoin. This proof-of-stake (PoS) mechanism...