The US Securities and Exchange Commission (SEC) has voted to approve the utilization of in-kind redemptions in spot Bitcoin and Ethereum exchange-traded funds (ETFs). The move paves the way for …
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Coinbase Takes Aggressive Foray into India’s Crypto Arena with CoinDCX Buy
by Team Crafminby Team CrafminCoinbase is going on an aggressive foray into Asia’s crypto world, setting its sights on India’s largest digital asset exchange platform, CoinDCX, through a high-risk acquisition deal. US crypto titan …
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Ethereum Institutional Buying Frenzy Spells New Era for Crypto Investors
by Team Crafminby Team CrafminA new tidal wave of institutional investment into Ethereum is shaking cryptocurrency to its foundations. At the forefront is BitMine Immersion Technologies, which in the past few weeks put more …
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Crypto Market Recovery Picks Up Pace Across the Board
by Team Crafminby Team CrafminCryptocurrencies are back in a big way. Bitcoin has rallied back to some US$119,000, up nearly 1% and near a record high of US$123,000. Ethereum also appreciated, to around US$3,885, …
An above-average US employment report surprised the world’s crypto markets with a widespread sell-off across them. Bitcoin dropped to around levels of US$115,000, a week low, following speculators shifting away …
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Bitcoin Remains Stable at $116K as Bullish Expectations Ride on Wave of Liquidity
by Team Crafminby Team CrafminBitcoin is holding steady at US$116,000, in accordance with the sudden surge in global liquidity. The trajectory will push the cryptocurrency to US$200,000 by September, particularly with macro conditions continuing …
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Crypto Prime Brokers Rise As Bitcoin Hits US$120K Bull Run
by Team Crafminby Team CrafminWhile Bitcoin is still mired at the US$120,000 level alone, an entire new institutional wave is swamping the crypto universe. Light years away from retail froth of previous bull cycles, …
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Bitcoin and XRP Drop After US Announces Stablecoin Bill
by Team Crafminby Team CrafminThe U.S. Congress recently approved a new piece of legislation known as the Genius Act, which would introduce much-needed openness to the stablecoin industry, and is already impacting the crypto …
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Market Pullback after New Stablecoin Regulation
by Team Crafminby Team CrafminBitcoin pullback knocked a few off, dropping 0.3% to around US$118,457, though 4% to 5% drops in XRP and Ethereum were more precipitous. But after the new U.S. GENIUS Act, …
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Trump Media Invests US$2B in Bitcoin Amid Market Frenzy
by Team Crafminby Team CrafminTrump Media & Technology Group (TMTG) has entered the cryptocurrency world with an explosive bang. The company has just announced a bewildering purchase of over US$2 billion in Bitcoin, with …