The past week saw significant volatility in the market, with spot Bitcoin and Ethereum ETFs receiving a lot of attention. The week started off on a negative note, with almost $240 million leaving Bitcoin ETFs, marking their worst day in three months. The trend continued into the new week, with $168.4 million being withdrawn. Grayscale’s
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In the late 1990s, during one of Berkshire’s shareholder meetings, Charlie Munger famously declared, “The first $100,000 is a b—-, but you gotta do it.” He emphasized the importance of attaining that milestone, no matter the sacrifices required. This sentiment resonates in the world of Bitcoin, where over 450,000 BTC addresses now hold Bitcoin valued
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Celsius, a crypto lender that filed for bankruptcy two years ago, is now taking legal action against Tether for an alleged mishandling of over $800 million worth of BTC. According to the lawsuit filed on August 9 in the US Bankruptcy Court for the Southern District of New York, Celsius claims that Tether violated their
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Opeyemi is not just your average writer – he is a passionate enthusiast in the exciting and ever-evolving cryptocurrency realm. Despite not initially choosing the digital asset industry, he has been captivated by it for over two years now. His dedication shines through as he delves into the complexities of blockchain technology and shares valuable
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When U.S. District Court Judge Analisa Torres handed down a fine of just over $125 million in the Ripple-SEC case, it was significantly lower than the $2 billion penalty initially sought by the SEC. This decision set off a surge in XRP price, with the cryptocurrency climbing the market cap leaderboards and experiencing a 24%
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Whistleblowers play a crucial role in maintaining integrity in the financial markets, especially in the fast-growing digital asset space. The recent award of over $1 million by the Commodity Futures Trading Commission (CFTC) to a crypto whistleblower highlights the significance of individuals coming forward with information about misconduct. The information provided by the whistleblower enabled
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When looking at the comparison between Ethereum and Solana, it is evident that Ethereum has several vulnerabilities that are plaguing the blockchain. Despite being the second largest cryptocurrency by market capitalization, Ethereum has been criticized by legendary crypto trader and analyst, Peter Brandt. He describes ETH as a difficult network to use, likely due to
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