News
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Breaking Barriers: The Dawn of Accessible Blockchain Technology
- March 24, 2024
- Posted by: [email protected]
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No CommentsIn an era where digital finance is evolving at an unprecedented pace, the integration of artificial intelligence and blockchain technology is no longer a futuristic vision but a tangible reality. As we navigate through the complexities of decentralized finance (DeFi), the quest for more accessible, secure, and user-friendly platforms has led to the emergence of
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Bitcoin’s price sets for new highs as GBTC outflows decline to $170 million
- March 24, 2024
- Posted by: [email protected]
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The recent dynamics surrounding Bitcoin’s market performance and the Grayscale Bitcoin Trust (GBTC) outflows provide a nuanced narrative of the cryptocurrency’s trajectory amidst evolving investor sentiments and institutional participation. As Bitcoin’s price action faces what some describe as its “biggest headwind” in the form of GBTC outflows, the recent decrease in outflows to $170 million
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Anthropic excludes Saudi investors from participating in FTX’s stake sales over security concerns
- March 24, 2024
- Posted by: [email protected]
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Anthropic, an innovative AI startup, finds itself at the center of a complex narrative intertwining technology, finance, geopolitics, and security. Amidst FTX’s bankruptcy proceedings, Anthropic’s decision to bar Saudi Arabian investors from participating in the sale of an 8% stake in the company underscores the intricate web of interests and considerations shaping modern investment landscapes.
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CryptoQuant reveals that Bitcoin bull cycle is not over amid market dynamics on
- March 23, 2024
- Posted by: [email protected]
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CryptoQuant, a leading on-chain analytics platform, has conducted a comprehensive analysis of the recent Bitcoin market dynamics, shedding light on the interplay between profit-taking activities and the overarching bullish sentiment pervading the cryptocurrency space. The recent surge in Bitcoin prices, catapulting the digital asset to an all-time high of $73,000, has undoubtedly captured the attention
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Frax Finance unveils roadmap to target $100 billion in locked assets by 2026
- March 23, 2024
- Posted by: [email protected]
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Frax Finance, a prominent player in the decentralized finance (DeFi) landscape, has embarked on an ambitious journey outlined in a comprehensive roadmap. The primary objective? To propel the total dollar value of crypto assets locked within its layer 2 blockchain network to an astounding $100 billion by the culmination of 2026. As of the latest
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Bitcoin spot ETFs see third consecutive day of net outflows as BTC gains 3%
- March 21, 2024
- Posted by: [email protected]
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Bitcoin Spot ETF, which is recognized in the US, has witnessed a streak of net outflows spanning 72 hours and still counting. With a withdrawal volume of $261.5 million from the ten authorized funds on the 20th of March, data reports from Farside Investors show that the withdrawal volume adds up to a cumulative net outflow
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FTX users seek return of crypto assets instead of dollar reimbursement
- March 21, 2024
- Posted by: [email protected]
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FTX users globally have indicated their preference regarding the return of their respective crypto assets rather than being compensated with USD. This was discovered in letters sent to the federal judge, who is the overseer of the criminal proceedings against Sam Bankman-Fried, the founder of FTX. FTX users whose investments in what were considered to
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Grayscale’s GBTC sees continued outflows amid Bitcoin’s volatility
- March 20, 2024
- Posted by: [email protected]
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The cryptocurrency market, particularly Bitcoin, witnessed significant turbulence as Grayscale’s GBTC (Grayscale Bitcoin Trust) continued to experience substantial outflows, adding to the ongoing saga of volatility and uncertainty in the digital asset space. Bitcoin’s price fell to $60,800 on Tuesday, marking a significant 17% drop from its recent all-time high, according to CoinMarketCap. This sharp
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Sequence partners with Google Cloud to pioneer Web3 gaming integration
- March 20, 2024
- Posted by: [email protected]
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Sequence, a pioneer in blockchain-based Web3 game development, has formed a strategic partnership with Google Cloud, a leading provider of cloud computing services, to revolutionize the integration of Web3 gaming tools and solutions within the cloud infrastructure. The partnership, announced on Tuesday, represents a significant step forward in democratizing Web3 technology for game developers, allowing
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Bitcoin’s flash crash below $9k on BitMEX prompts investigation into trading activity
- March 19, 2024
- Posted by: [email protected]
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BitMEX’s recent initiation of an investigation into the unusual trading activity leading to a flash crash and subsequent Bitcoin price drop on its platform has sparked intense scrutiny within the cryptocurrency community. The incident unfolded late on Monday, catching many traders off guard as the price of Bitcoin against Tether’s USDT stablecoin plummeted to an