Tag: Cryptocurrency

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Benefits of Staking for Ethereum ETFs: Lower Fees and Increased Interest

Staking has been identified as a game-changer that could potentially lower fees and increase interest in Ethereum ETFs, according to crypto analyst Tom Wan. By allowing Ether ETFs to offer near-zero management fees, staking...
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Fair Revenue Sharing Proposal by Wintermute for Ethena Protocol

Wintermute, a crypto market maker, has put forth a proposal to introduce a fee switch in the Ethena protocol. This proposal aims to address the lack of transparency surrounding revenue distribution for ENA token...
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US Election Results: 220 Pro-Crypto Candidates Win, Elizabeth Warren Keeps Seat with $75k Bitcoin

In the ongoing US elections, there has been a notable increase in the number of pro-crypto candidates winning seats, signaling a potential shift in legislative attitudes towards digital asset regulation. According to Stand With...
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Risks of MicroStrategy’s $42B Bitcoin Acquisition Plan: CoinShares Analysis

MicroStrategy's recent announcement of their plan to acquire $42 billion more worth of bitcoin has garnered attention, but according to a report by CoinShares, there are risks associated with this ambitious strategy. The company's...
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Uncertain Future for Altcoins After US Election, Bitcoin Remains Strong

As the US presidential election draws to a close, the future of altcoins remains uncertain while Bitcoin remains strong. According to a recent report by Bloomberg News, traders are closely watching the altcoin market...
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Metaplanet Listed on CoinShares’ BLOCK Index: A Major Milestone for the Metaverse

Japanese investment adviser Metaplanet Inc. made a significant achievement by being included in CoinShares' BLOCK Index for the first time. The company decided to hold bitcoin on its balance sheet as a precaution against...
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Paxos Launches USDG Global Dollar Network with Robinhood and Kraken

Paxos has recently made headlines by launching the Global Dollar Network in collaboration with industry giants like Robinhood, Kraken, and others. The aim of this strategic initiative is to promote the adoption of stablecoins...
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UNI Price Update: CoinDesk 20 Reports 8.6% Drop in UNI Performance

UNI Price Update: CoinDesk 20 has reported an 8.6% drop in UNI performance. It is important to highlight that CoinDesk, an esteemed media outlet that focuses on the cryptocurrency industry, has recently updated its...
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Binance Lawyers Seek Dismissal of Amended SEC Lawsuit

Lawyers representing Binance and former CEO Changpeng “CZ” Zhao have filed a motion to dismiss an amended complaint by the SEC. The motion argues that the SEC is not providing a clear standard for...
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Bitcoin Miners Marathon & Riot Achieve Record Production After Halving

Marathon Digital and Riot Blockchain, two of the largest public Bitcoin miners, have achieved record-breaking production levels following the halving event in April. Despite the challenges posed by increasing mining difficulty, both companies have...