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Senator Elizabeth Warren recently expressed her willingness to engage with the crypto industry as long as players in the industry adhere to regulatory standards similar to those in traditional finance. In a Bloomberg interview on February 27, Warren emphasized the importance of collaboration but questioned why the industry seems to advocate for space for criminal
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Cardano (ADA) is showing promising signs of breaking into new price levels in the near future. The on-chain data and adoption growth are strong indicators of this potential rise. The creation of new wallets on the Cardano blockchain has experienced significant spikes on several days since the beginning of February, suggesting a possible influx of
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Pepe Coin (PEPE) has seen a significant surge in price, up close to 50% in the past 24 hours. Currently priced at around $0.00000227, the momentum has been building since breaking above the $0.0000019 resistance level. With the potential to return to its previous record highs around $0.0000045, there is a near-term upside potential of
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The Bitcoin Fear & Greed Index has recently surged to its highest level in almost three years, reaching the point of Extreme Greed at a rapid pace. This index serves as a measure of investor sentiment and provides insights into how investors perceive the market. With categories ranging from Extreme Fear to Extreme Greed, the
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Shiba Inu, the second-largest meme coin by market capitalization, has recently seen a significant increase in daily active addresses. This surge, with over 3,500 daily active addresses, represents a 13% increase. The rise in active addresses indicates a growing interest in the asset and potentially a higher demand from investors. This trend could have a
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The recent network outage on the Solana blockchain has caused a ripple effect in the world of cryptocurrency investment. After experiencing steady inflows throughout the year, Solana-based investment products faced a setback with a bug that caused transactions to enter an infinite loop, ultimately affecting the network’s functionality. This incident led to a significant drop
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The rise of Bitcoin ETFs in the investment world has been nothing short of remarkable, with analysts at Bloomberg suggesting that they could soon outpace gold ETFs in terms of assets under management. According to Bloomberg ETF analyst Eric Balchunas, Gold ETFs have been experiencing a decline in recent weeks while Bitcoin ETFs have seen
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Ethereum’s recent price surge has caught the attention of investors as it surpassed key resistance levels, marking a significant milestone by breaching the $3K mark. This upward movement reflects a prevailing bullish sentiment in the market, with the $3.6K yearly swing high identified as the next target for ETH. Analyzing the daily chart confirms Ethereum’s
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The collaboration between OVERDARE, KRAFTON, NAVER Z, and Circle Internet Financial is set to transform the mobile gaming sector for user-generated content. By leveraging Circle’s Programmable Wallets, game content creators can now easily create secure in-game Web3 wallets to receive direct USDC payouts. This marks a significant advancement in the industry, promising a more streamlined
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The Saudi Ministry of Culture has recently unveiled a groundbreaking initiative in collaboration with droppGroup and Oracle – the ‘Cultural Universe’. This national Metaverse project is designed to offer a digital platform for exploring Saudi culture and heritage in an immersive and engaging manner. By incorporating advanced technologies such as AI, blockchain, and virtual reality,
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The outflows from Grayscale’s Bitcoin Trust (GBTC) have shown signs of slowing down, indicating a shift in investor sentiment towards the popular Bitcoin ETF. After weeks of elevated outflows totaling over $7.44 billion, investors pulled just $436.2 million of Grayscale’s Bitcoin Trust last week. The daily outflows dropped steadily over the course of the week,
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