Markets opened the week with cautious gains as investors reacted to a range of economic developments, including a significant announcement regarding cryptocurrency reserves. The news triggered a surge in digital asset values,
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In a major shift in financial strategy, five digital assets have been selected for inclusion in a newly proposed U.S. strategic reserve of cryptocurrencies. The announcement sent shockwaves through the crypto market,
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After experiencing nine consecutive trading sessions of capital outflows, U.S. spot Bitcoin exchange-traded funds (ETFs) saw a shift in momentum with a notable inflow. This development coincided with Bitcoin’s price rebounding from
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BlackRock, the global investment management firm overseeing $11.5 trillion in assets, has integrated its Bitcoin exchange-traded fund (ETF) into its model portfolio product. This move, reported on February 28, is expected to
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XRP has been struggling in recent weeks, shedding roughly 35% of its value amid broader market turbulence. However, some analysts believe that a major recovery could be on the horizon—provided the cryptocurrency
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Asset management firm WisdomTree has taken a significant step toward launching a spot XRP Exchange-Traded Fund (ETF), as its proposal officially enters the public comment phase. This marks a pivotal moment for
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Cryptocurrency exchange Bybit has successfully replenished its reserves after experiencing a massive $1.5 billion security breach, one of the largest in digital asset history. The swift recovery underscores the company’s resilience and
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To comply with the European Union’s Markets in Crypto-Assets (MiCA) regulations, Kraken and Crypto.com are developing proprietary stablecoins, aiming to ensure continued operations in the European market by 2025. Compliance-Driven Stablecoin Development
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In a major development for the crypto industry, the U.S. Securities and Exchange Commission (SEC) is reportedly preparing to withdraw its lawsuit against Coinbase. The lawsuit, initially filed in 2023, was seen
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Bitcoin (BTC) remains in a strong bull market despite its recent sideways price action, and a drop to $77,000 would still be within historical norms, according to CryptoQuant CEO Ki Young Ju.
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