Tag: Cryptocurrency investments

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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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Bitwise Launches Solana Staking ETP on Deutsche Börse Xetra

Bitwise Asset Management has made a significant move in the crypto investment market by launching the Bitwise Solana Staking ETP (BSOL) on the renowned Deutsche Börse Xetra. This new product is designed to offer...
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Sora Ventures Launches $150M Fund to Implement MicroStrategy’s Bitcoin Strategy in Asia

Sora Ventures Launches $150M Fund to Implement MicroStrategy's Bitcoin Strategy in AsiaSora Ventures, a prominent investment firm, has made waves in the financial world by launching a groundbreaking $150 million fund focused on replicating...
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Achieving Homeownership Dreams: How Crypto Windfalls Are Helping Low-Income Americans

Low-income Americans are turning their crypto windfalls into opportunities for homeownership, according to a recent report from the Office of Financial Research. The report shows that in areas where a high percentage of households...
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Coinbase Stock and App Rankings Surge with Crypto Market Rebound

Coinbase, the leading cryptocurrency trading platform in the United States, has experienced a significant increase in its stock value, surpassing $300 for the first time since November 2021. This surge, amounting to an 11%...