Bitwise Expands Staking Empire with Acquisition of Chorus One The cryptocurrency asset manager Bitwise has significantly expanded its presence in the blockchain staking arena through the acquisition of Chorus One, a major institutional staking provider. This strategic move broadens Bitwise’s staking capabilities to encompass more than 30 different blockchain networks. The acquisition brings notable blockchain […]
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XRP has experienced a significant surge of 6%, marking one of the most notable movements in the cryptocurrency market today. This rally is being driven by accumulating institutional demand, with breaking above the $1.37 level drawing strong spot demand from both institutional investors and retail traders. The cryptocurrency market has been witnessing a notable shift
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Ethereum Co-Founder Vitalik Buterin Sells 17,000 ETH in One Month, Shifts Funds to Privacy Project New data reveals a significant movement of funds from wallets attributed to Ethereum co-founder Vitalik Buterin. Over the past month, these wallets have seen their Ethereum holdings decrease by approximately 17,000 ETH. The total balance fell from around 241,000 ETH
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Cryptocurrency funds saw $288 million in outflows recently, but XRP and Solana managed to hold their ground amid the broader market selloff. While Bitcoin and Ethereum slipped, XRP and Solana showed resilience, attracting investor interest despite the bearish sentiment. Market Overview The crypto market has been under pressure from tariff uncertainties and macroeconomic concerns. However,
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Bitcoin Traders Split on Price Direction as Key Level Approaches Bitcoin is at a critical juncture, with traders divided on its next major move as the asset hovers near a significant price threshold. The opening of traditional markets in New York introduced fresh selling pressure, while broader macroeconomic reactions to new trade tariffs added another
Crypto Exchanges Continue to Facilitate Russian Sanctions Evasion, Report Finds A new analysis reveals that a small group of cryptocurrency exchanges are playing a significant role in helping Russian entities bypass international sanctions. Despite growing regulatory scrutiny and enforcement actions, these platforms continue to process substantial volumes of illicit finance. The report highlights that while
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Bitcoin has fallen more than 40% from its October record high, with market participants increasingly questioning the cryptocurrency identity and purpose. The dramatic decline has sparked what analysts describe as an identity crisis for the world largest cryptocurrency. At its peak in October, Bitcoin crossed $125,000, leading many to predict continued gains toward $150,000 or
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Bitcoin and Altcoins Struggle as Bears Maintain Pressure The cryptocurrency market continues to face significant headwinds. The recent inability of buyers to spark a decisive rebound in Bitcoin and other major digital assets indicates that selling pressure remains persistent at elevated price levels. This dynamic suggests that traders should brace for continued volatility and potential
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Bitcoin ETFs See Continued Outflows as Market Stumbles Spot Bitcoin exchange-traded funds are nearing a fifth consecutive week of investor withdrawals. This persistent trend has resulted in net outflows of 2.7 billion dollars since the start of the year, according to available data. This period of redemptions coincides with Bitcoin itself struggling, potentially on track
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Fed Official Dismisses Crypto as Useless While Championing AI Potential In a stark comparison that has ignited debate within the financial technology sector, a prominent Federal Reserve official has delivered a scathing assessment of cryptocurrency while lavishing praise on artificial intelligence. Neel Kashkari, President of the Federal Reserve Bank of Minneapolis, stated that crypto is
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