Tag: Digital Assets

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Ethereum Co-Founder Transfers $72 Million in ETH to Kraken Exchange

Ethereum co-founder, Jeffrey Wilcke, recently transferred a significant amount of ETH to the Kraken exchange. The transfer amounted to 20,000 ETH, which is worth over $72 million. This is the fourth time Wilcke has...
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Navigating the Memecoin Mania: Binance Founder Urges Utility Innovation

Binance founder Changpeng Zhao has raised concerns about the current hype surrounding memecoins and is calling for more focus on developing utility-driven tokens. In a recent post on social media, Zhao acknowledged the popularity...
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Understanding SEC Chair Gary Gensler’s Actions: Insights from Tyler Winklevoss

Former Olympic rower and crypto exchange Gemini co-founder Tyler Winklevoss has strong opinions about SEC Chair Gary Gensler's recent actions. In a post on X, Winklevoss expressed his belief that Gensler's behavior cannot be...
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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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Tokenized Money Market Funds: The Rise of Stablecoin Alternatives

The stablecoin market has seen significant growth over the past year, with an all-time high market cap of $171 billion. Major players like Visa, PayPal, Revolut, and Stripe have all entered the stablecoin space,...
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Societe Generale Launches Stablecoin on Ripple’s XRP Ledger for Increased Adoption

Societe Generale, through its crypto subsidiary SG-FORGE, has made a significant move by extending its EUR CoinVertible (EURCV) stablecoin to Ripple's XRP Ledger. This decision comes as part of SG-FORGE's strategy to expand its...
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Altcoin Traders Lose $343 Million as Bitcoin Hits $82k – Over $590M Liquidated

Over the past 24 hours, the crypto market experienced liquidations totaling over $590 million, affecting 194,284 traders, as reported by Coinglass. The largest single liquidation order, valued at $15.56 million, took place on OKX’s...
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Trump Family-Backed Crypto Project: $1M ETH Gain After Token Sale

World Liberty Financial, a decentralized finance (DeFi) project supported by the Trump family, has seen a substantial $1 million increase in unrealized gains following a quiet token sale last month. The company had to...
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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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Capitalizing on U.S. Election Frenzy: Memecoin Creators Launch Thousands of New Tokens

The U.S. election has brought attention to bitcoin and the Polymarket betting platform, but it has also sparked a frenzy in the memecoin market. In the last 24 hours, thousands of election-themed tokens have...