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Bitcoin Miners Selling More: Potential Impact on BTC Price

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Bitcoin (BTC) has been lingering around the $62,000 price mark for an extended period. Nevertheless, there is a possibility of the situation worsening for the leading cryptocurrency in the near future. Heat-stricken miners Recent research shows that there are unmistakable signs that the typical Bitcoin miner is having difficulty after the halving. The most difficult … Read more

Grayscale Bitcoin ETF Sees Continued Outflows Exceeding $100 Million

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Investor apprehension regarding potential Federal Reserve interest rate reductions remains prevalent, as withdrawals from the Grayscale Bitcoin ETF (GBTC) resume. This trend indicates a cautious sentiment prevailing in the market. Investor Uncertainty Continues as Grayscale Bitcoin ETF Withdrawals Resume SoSoValue data indicates that as of May 10, there were $84.6581 million in net withdrawals from … Read more

Cardano (ADA) Predicted for Massive 1,500% Price Surge

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A well-known cryptocurrency analyst named Javon Marks, active on the microblogging platform X (formerly Twitter), recently suggested that the price of Cardano’s native token ($ADA) could experience a substantial surge of over 1,500% in the near term. In a post shared with their nearly 40,000 followers, the analyst observed that Ada’s price has made significant … Read more

Play Games, Earn Crypto: The TOWER Play-to-Earn Opportunity in Crazy Defense Heroes

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The TOWER token presents an innovative concept by merging Free-to-Play with Play-to-Earn, enabling users to earn TOWER simply by engaging with games like Crazy Kings (iOS) and Crazy Defense Heroes (Android and iOS). TOWER serves as an ERC-20 fungible utility token designed for the Crazy Kings game franchise, encompassing titles like Crazy Kings, Crazy Defense … Read more

DOJ Appoints Binance Monitor as Part of $4 Billion Settlement

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Months after reaching a groundbreaking $4 billion settlement with the Department of Justice (DOJ), Binance, the world’s largest cryptocurrency exchange, is still experiencing the lasting repercussions, expected to persist for years. As a component of the landmark agreement in November 2023, the company consented to three years of oversight under a compliance monitoring program to … Read more

Phishing Group Returns $66.8 Million in Stolen Crypto

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The group responsible for the theft of 1155 Wrapped Bitcoin (WBTC) has rectified their actions by returning all 22,960 Ethereum (ETH), valued at approximately $66.88 million, to the victim’s address. This marks the conclusion of the restitution process, with all illicitly obtained assets now back in the possession of the rightful owner. Initially, the cryptocurrency … Read more

Ark 21Shares Drops Staking from Ethereum ETF Proposal

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This adjustment comes after the Securities and Exchange Commission (SEC) expressed apprehensions regarding staking, viewing it as a security, which prompted the revision. Amended Ark 21Shares Ethereum ETF Proposal: PoS Exclusion Raises Regulatory Concerns  Initially, ARK Invest and 21Shares included staking options for the ARK 21Shares Ethereum ETF in their filing documents. However, the latest … Read more

Coinbase Appeal Faces Hurdle as SEC Files Opposition

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The U.S. Securities and Exchange Commission (SEC) has outright rejected cryptocurrency exchange Coinbase’s request for an interlocutory appeal regarding the application of conventional securities regulations to digital assets. Coinbase’s Appeal Request on Cryptocurrency Regulation Rejected by the SEC The SEC rejected Coinbase’s appeal request to review whether traditional securities regulations, notably the Howey Test, apply … Read more

Ethereum Price on the Move: Will It Soar or Slide in the Short Term?

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Ethereum has shown a tumultuous pattern of price fluctuations, initially dropping below the $3,000 mark in recent days before bouncing back above it. This price movement has drawn interest from both traders and investors, with the asset gaining 1.4% in the early hours of Friday. This resurgence marks a critical juncture for Ethereum as it … Read more

DeBank Now Supports OKX Web3 Wallet: Manage DeFi on the Go!

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DeBank, a leading Web3 communication tool and asset tracker, has achieved a significant milestone by incorporating access to the OKX Web3 wallet. This integration allows users to conveniently monitor their asset balances on-chain directly through the DeBank website. The collaboration between DeBank and OKX Web3 Wallet represents a notable advancement in the decentralized finance (DeFi) … Read more

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