Tag: Cryptocurrency investments

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Crypto Regulation: SEC Chair Gary Gensler’s Views on Cryptocurrency as Currency

U.S. Securities and Exchange Commission (SEC) Chairman Gary Gensler recently shared his views on cryptocurrency during an event at NYU School of Law in Manhattan. Gensler expressed skepticism about the idea of bitcoin or...
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Grayscale SUI Trust Launch Boosts SUI Price – CoinJournal

Grayscale's Launch of SUI Trust Sparks Price Surge and Institutional InterestGrayscale, a renowned cryptocurrency asset management firm, recently made waves in the digital asset market with the launch of its Grayscale SUI Trust. This...
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Bitcoin ETFs See Consistent Inflows for 6th Day Amid BlackRock Surge

Bitcoin ETFs continue to attract significant investment, with a sixth consecutive trading day of inflows reported amidst a surge in interest from institutional investors. On August 22nd, Bitcoin ETFs saw a total inflow of...
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Grayscale Launches MakerDAO Trust to Expand DeFi Investment Opportunities

Grayscale, a prominent investment firm, has recently introduced a new crypto trust fund focused on MakerDAO, known as the Grayscale MakerDAO Trust. This trust fund aims to provide investors with direct exposure to MakerDAO's...
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Bitcoin Volume Hits Record High After FTX Collapse: What It Means

Bitcoin trading volume surged to a record high following the collapse of major cryptocurrency exchange FTX. This development has raised questions about the future of the digital currency and what it means for investors.The...
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Bitcoin Profitability Before and After Halving: A Detailed Analysis

Bitcoin's profitability has been a hot topic of discussion recently, especially with the upcoming halving event. According to recent data, the percentage of Bitcoin addresses in profit hit 100% before the halving but fell...
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Ronin Network Hit by $9.8 Million Exploit, Halts Bridge Operations

Ronin Network, a popular blockchain network for games that powers the Axie Infinity game, recently made headlines after pausing its bridge operations following a $9.8 million exploit. The incident, which occurred on August 6,...
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Bitcoin’s Correlation with Gold Strengthening During Economic Downturns

During times of economic uncertainty, investors often look for safe-haven assets to protect their wealth. In recent years, both Bitcoin and gold have emerged as popular options for investors seeking to hedge against market...
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Morgan Stanley Advisors Now Offering Bitcoin ETFs to Clients

Morgan Stanley, a major Wall Street bank, has made a significant move by allowing its financial advisors to offer Bitcoin exchange-traded funds (ETFs) to its clients. This decision allows over 15,000 financial advisors at...
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Genesis Trading Returns $3 Billion to Customers, Transfers 32,256 BTC

Genesis Trading recently completed a significant transfer of assets, moving 32,256 BTC valued at $2.12 billion and 256,775 ETH worth about $838 million to various addresses. This transfer is part of the company's efforts...