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Crypto Market’s Mixed Fortunes — BONK, TAO, and KAS Rise as Several Other Cryptos Stagnate

The cryptocurrency market is currently valued at $1.42 trillion, with bitcoin (BTC) holding 49.9% of the overall market cap. However, this past week, both bitcoin and ethereum had stagnant performance in terms of their percentage changes. On the other hand, several other digital currencies stood out by outperforming the top two. Notably, BONK and TAO […]

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The Performance of Privacy Crypto Tokens in 2023

A Decline in Value Throughout 2023, various sectors in the cryptocurrency market have witnessed significant gains. However, privacy-centric crypto tokens have lagged behind their counterparts in terms of performance. Over the past ten months, the market value of the privacy cryptocurrency sector has declined by $440 million, indicating a notable downturn. Current Market Value As

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Tether Sets Sights on Bitcoin Mining with $500 Million Investment

Tether's Mining Ambition: A $500 Million Venture into Crypto's Core Tether Holdings Ltd., the leading issuer of stablecoins in terms of market value and trade volume, has announced its ambitious plans to enter the mining industry. CEO Paolo Ardoino revealed that the company intends to invest approximately $500 million into its mining business over the

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SEC Announces Successful Year for Crypto Enforcement Actions

The U.S. Securities and Exchange Commission (SEC) has reported a highly productive year for its enforcement actions in the crypto industry. In its latest announcement, the SEC described fiscal year 2023 as impactful and fruitful for its efforts in regulating crypto asset securities. SEC Chairman Gary Gensler emphasized the benefits of the Division of Enforcement's

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Coinbase Expects Spot Bitcoin ETFs to Boost Crypto Market Cap, SEC Approval Possible by Year-End

The Potential Impact of Spot Bitcoin ETFs Cryptocurrency exchange Coinbase has expressed its belief that spot bitcoin exchange-traded funds (ETFs) could have a significant positive impact on the total crypto market cap. According to Coinbase, the chances of the U.S. Securities and Exchange Commission (SEC) approving one or more spot bitcoin ETFs before the end

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The NHL Collaborates with Sweet to Launch NHL Breakaway, a Digital Collectibles Platform

Introduction The National Hockey League (NHL), in partnership with the NHL Players’ Association and the NHL Alumni Association, has joined forces with Sweet, a non-fungible token (NFT) firm, to introduce NHL Breakaway. This digital collectibles platform allows fans worldwide to collect, gift, trade, and showcase highlights and significant moments from NHL history. NHL Breakaway: A

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October’s Inflation Report: Shelter Prices Up, Gasoline Plummets — Mixed Market Reactions Follow

The U.S. Bureau of Labor Statistics recently released the Consumer Price Index for All Urban Consumers (CPI-U) report for October. The report revealed that the CPI-U remained unchanged in October, following a 0.4% increase in September. However, over the past year, the all-items index rose by 3.2% before seasonal adjustment, indicating a significant trend in

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Blackrock Outlines Why SEC ‘Must’ Approve Spot Ethereum ETFs

Blackrock Argues SEC ‘Must’ Approve Spot Ether ETF Blackrock, the world's largest asset manager, is advocating for the approval of spot ether exchange-traded funds (ETFs) by the U.S. Securities and Exchange Commission (SEC). The company, which has filed with the SEC to list and trade shares of its spot ether ETF called "Ishares Ethereum Trust"

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