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Are Ethereum DeFi Titans Undervalued? Exploring the Potential of Uniswap, Maker, and Lido

June 21, 2024 by Arnold Potts

Ethereum, the leading blockchain platform for decentralized finance (DeFi), has seen a surge in total value locked (TVL) to over $100 billion. This growth in DeFi has opened up new opportunities across various sectors, including finance and insurance. However, one analyst believes …

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Tags ethereum

Bernstein Analysts Predict Bitcoin Price to Reach $200K by 2025 Due to Spot BTC ETF Flows

June 21, 2024 by Arnold Potts

Analysts at research and brokerage firm Bernstein have made a bold prediction regarding the price of Bitcoin (BTC), suggesting that the cryptocurrency could reach nearly $200,000 by the end of 2025. This forecast represents an upward revision from their previous target of …

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Tags Bitcoin

Hong Kong Considers New Crypto License to Enhance Market Regulation

June 20, 2024 by Arnold Potts

Hong Kong is considering implementing a new licensing system for crypto-fiat conversions in order to enhance regulation in its virtual asset market. This move, as reported by Ta Kung Pao, demonstrates the government’s commitment to creating a well-regulated crypto market. David Wu, …

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Tags Bitcoin, Cryptocurrency

Is Germany selling its BTC? Arkham-tagged wallet sparks curiosity

June 20, 2024 by Arnold Potts

A mysterious crypto wallet labeled “German Government (BKA)” has caught the attention of the crypto community after it started moving Bitcoin on June 19. The wallet, which has been monitored by the onchain analytics firm Arkham, has sparked speculation that the German …

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Tags Bitcoin, Cryptocurrency

Australian Stock Exchange Makes History with First Bitcoin ETF Listing

June 20, 2024 by Arnold Potts

The Australian Securities Exchange (ASX) made history on Thursday by launching its first-ever Bitcoin exchange-traded fund (ETF), signaling a significant step towards mainstream acceptance of cryptocurrencies in Australia. The VanEck Bitcoin ETF, trading under the ticker symbol VBTC, has an initial net …

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Tags Bitcoin, Cryptocurrency

German Government Agency Transfers $425M Bitcoin to Crypto Exchanges

June 19, 2024 by Arnold Potts

German Government Agency Transfers $425M in Bitcoin, Some to Crypto Exchanges In a surprising move, a German government agency has transferred a whopping $425 million in bitcoin to another wallet address, with some of the funds being sent to crypto exchange deposit …

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Tags Bitcoin

Is Donald Trump Actually Launching an Official Coin?

June 19, 2024 by Arnold Potts

There has been a recent buzz in the crypto community surrounding rumors that former President Donald Trump may be launching his own official token. The speculation began after Pirate Wires, an independent media company, posted on social media that Trump is launching …

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Tags Memecoins

Altcoin Daily Predicts Crypto Millionaires in the Making Despite Bitcoin’s Recent Fall

June 19, 2024 by Arnold Potts

Despite recent volatility in the cryptocurrency market, popular YouTube channel Altcoin Daily remains optimistic about the future of Bitcoin and altcoins, predicting a continuation of the current market cycle that could potentially create a new wave of crypto millionaires. Altcoin Daily’s hosts …

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Tags Bitcoin, Cryptocurrency

ED Seizes Millions in Indian Rupees in Crypto Ponzi Scheme Investigation

June 18, 2024 by Arnold Potts

The Enforcement Directorate (ED) in India has made a significant breakthrough in a crypto-based money-laundering investigation, seizing a total of 327 million Indian rupees from HighRich Online Group. The ED conducted searches in Maharashtra, Chhattisgarh, and Kerala states, uncovering 320 million rupees …

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Tags Cryptocurrency

Cardano Founder Predicts ADA Will Flip Bitcoin: Here’s Why

June 18, 2024 by Arnold Potts

Cardano founder, Charles Hoskinson, made a bold prediction at the 2023 Rare Evo conference, stating that ADA would eventually become the largest cryptocurrency in the world, surpassing even Bitcoin. In a recent interview, he elaborated on why he believes this will happen …

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Tags Bitcoin
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