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Cryptocurrency

Optimism Token Surges 23%: Market Cap Reaches $2.6 Billion

November 24, 2024 by Arnold Potts

Optimism (OP), a prominent Ethereum layer-2 scaling solution, has been causing a stir in the cryptocurrency market with its recent surge in value. The OP token has experienced a remarkable 23% increase in the last 24 hours, reaching a trading price of …

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Tags Cryptocurrency

13-Year-Old Crypto Developer’s Dog Kidnapped After Rug Pull Scandal, Sparks $BARI Token Surge

November 23, 2024 by Arnold Potts

In a shocking and bizarre turn of events, a 13-year-old cryptocurrency developer has found himself at the center of multiple rug-pull scandals, with the latest twist being the alleged kidnapping of his dog, Bari, by an angry investor. The incident has sparked …

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Tags Cryptocurrency

South Korean Authorities Crack Down on Bitcoin ETFs: A Closer Look at the FSS’s Prohibition

November 23, 2024 by Arnold Potts

The Financial Supervisory Service of South Korea (FSS) has recently reiterated its ban on Bitcoin spot and futures Exchange Traded Funds (ETFs), sparking criticism from industry participants and legal practitioners. This move is part of a broader effort to overhaul regulations that …

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Tags Bitcoin, Cryptocurrency, ethereum

Russia Implements Seasonal Ban on Cryptocurrency Mining in Siberian Regions

November 22, 2024 by Arnold Potts

In response to potential energy shortages during the winter months, Russia has implemented measures to limit cryptocurrency mining in specific regions. The government commission overseeing the country’s energy management has announced a seasonal ban on mining activities in several Siberian regions known …

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Tags Bitcoin, Cryptocurrency

Bitcoin ETFs Surpass $100 Billion in Assets Amid Crypto Surge

November 22, 2024 by Arnold Potts

Bitcoin ETFs Officially Surpass $100 Billion in Assets as BTC Hits All-Time High In a significant milestone for the cryptocurrency market, Spot Bitcoin ETFs have officially surpassed $100 billion in assets as Bitcoin soared to a new all-time high of $98,000. This …

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Tags Bitcoin, Cryptocurrency

Crypto Advocate Howard Lutnick Expected to Head US Department of Commerce in Trump Administration

November 21, 2024 by Arnold Potts

Howard Lutnick, the CEO of asset management firm Cantor Fitzgerald and a prominent supporter of crypto initiatives, is reportedly set to be nominated by President-elect Donald Trump to head the US Department of Commerce (DOC). This news has sparked speculation about Lutnick’s …

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Tags Bitcoin, Cryptocurrency

Solana’s Daily Revenue Reaches New All-Time High Thanks to Meme Coins

November 21, 2024 by Arnold Potts

The meme coin frenzy has propelled Solana, often referred to as the “Ethereum killer,” to achieve a new all-time high in daily revenue. According to data from Defi Llama, Solana collected a staggering $11.8 million in fees in a 24-hour period, surpassing …

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Tags Cryptocurrency, Memecoins, Solana

Top 5 Altcoins Surging in November Bull Run

November 20, 2024 by Arnold Potts

Cryptocurrency enthusiasts have been eagerly awaiting a bull run, and it seems that their patience may finally pay off in 2025. With the recent uptrend in the crypto market, experts are predicting that the delay in the bull run will soon be …

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Tags Cryptocurrency

SBI, UBS, and Chainlink Successfully Complete Pilot Program for Automated Tokenized Fund Solution

November 20, 2024 by Arnold Potts

SBI Digital Markets, UBS Asset Management, and Chainlink have successfully completed a pilot program showcasing the use of smart contracts to manage tokenized funds. The companies announced this groundbreaking achievement on November 18, 2024, highlighting the innovative solution that brings automated tokenized …

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Tags Cryptocurrency

IOTA Unveils Major Network Upgrade for Enhanced Real-World Adoption

November 19, 2024 by Arnold Potts

IOTA, a leading blockchain network, has recently announced a significant upgrade to its infrastructure in a bid to enhance scalability, decentralization, and real-world applications. The upgrade, known as “IOTA Rebased,” will see the transition of IOTA’s Layer 1 network to a Move-based …

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Tags Cryptocurrency
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