The landscape of lobbying within the crypto industry has seen a significant surge in expenditures over the past seven years, as indicated by a recent study conducted by Social Capital Markets. The study demonstrates a massive 1,386% increase in lobbying spend by crypto companies, skyrocketing from $2.72 million in 2017 to an astonishing $40.42 million
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Ethereum (ETH) has seen a surge in price in the last 24 hours following the announcement of the imminent launch of Spot Ethereum ETFs. This development has sparked optimism among investors regarding the future price trajectory of the second-largest cryptocurrency. The Spot Ethereum ETFs, set to launch by next week, are expected to bring a
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The price of Bitcoin recently surged to over $65,000, marking a significant milestone. This increase came after a period of volatility in the cryptocurrency market, with Bitcoin recovering from previous losses and reaching around $58,000. However, this upward trend was disrupted by news related to Mt. Gox, causing the price of Bitcoin to drop by
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Bitcoin has once again reclaimed the $63,000 level, bringing attention to the activation of a dormant address containing 1,000 BTC, worth approximately $60 million. This wallet had been inactive for over a decade, receiving the stash around 11 years and 9 months ago, back in September 2012 when it was valued at a mere $11,908.
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Russia’s Ministry of Finance has recently proposed a new approach to digital asset trading, suggesting that traditional exchanges could handle such transactions for select investors. This potential shift in regulations could have significant implications for the future of cryptocurrency in Russia. The proposed regulations outline the creation of special rules for “conducting organized trading in
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Tech giants such as Coinbase, Ripple, and Andreessen Horowitz (a16z) are making waves in the political landscape by sending representatives to the Republican National Convention (RNC) and the Democratic National Convention (DNC). Their goal is to advocate for policies that are favorable to the crypto industry. The firms are part of the Fairshake super PAC,
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The crypto analyst Linda has recently made a bold claim regarding Ethereum’s price, suggesting that it could reach $4,000. This prediction is based on the potential approval of the Spot Ethereum ETFs. While Linda’s analysis seems optimistic, it is important to approach such price predictions with caution. Speculation often plays a significant role in the
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In the past week, digital asset investment products have seen a massive increase in inflows, totaling $1.44 billion. This brings the year-to-date (YTD) inflows to an astonishing $17.8 billion, breaking the previous record. Despite this surge in inflows, trading volumes remain relatively low at $8.9 billion for the week, compared to the annual 7-day average
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JP Morgan, a well-known American multinational finance company, has recently expressed a bullish outlook on the Bitcoin price despite recent bearish trends. The bank has set a timeline for the conclusion of the ongoing BTC liquidations and anticipates a subsequent rebound in the market. According to a research report released by JP Morgan, BTC liquidations
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Recently, XRP has seen a significant surge in its price, outperforming other major cryptocurrencies in the market. The overall cryptocurrency sector has experienced a rally with a global market capitalization exceeding $2.4 trillion, according to data from CoinGecko. Notable digital assets like Bitcoin, Ethereum, and Solana have all shown positive performance on a weekly scale.
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Greetings Verse Community, The Verse brand will be 2 years old in December 2024. Our brand welcomes visitors from 192 regions around the world each month, and is highly visible by users in the self-custodial . We are fortunate to be able to draw in users with our strong brand and highly visible domain. Many of
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The 2024 presidential election has brought to light the increasing relevance of Bitcoin and other cryptocurrencies among voters, particularly among Republican supporters. A recent poll funded by crypto-focused investment firm Paradigm revealed that a significant percentage of Republicans who were originally undecided about supporting Donald Trump have shifted their views in light of his pro-crypto
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As the United States gears up for the upcoming elections in November, the role of crypto voters has come into the spotlight. The crypto exchange Coinbase has conducted a survey revealing that 52 million Americans own cryptocurrencies, with a significant number residing in key battleground states. These states, such as Arizona, Florida, Michigan, and Georgia,
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