Tag: COIN:UNIUSD
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Crypto This Monday: Bitcoin Surpasses 41K, Mantle Innovates with Ethereum Staking Protocol, and More
Investments in crypto assets reach new highs Asset managers such as CoinShares, Bitwise, Grayscale, ProShares, and 21Shares have reported an influx of $176 million in crypto assets in the last week, marking a total of $1.76 billion in 10 weeks. This period of inflows is the most significant since the launch of bitcoin futures-based ETFs…
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Crypto this Monday: Bullish Acquires CoinDesk, Santander Launches Swiss Crypto Services, and More
Javier Milei, bitcoin supporter, wins presidential election in Argentina Javier Milei was elected president of Argentina after Sergio Massa admitted defeat on Sunday night, with Milei securing 56% of the votes. Milei’s victory, known for criticizing the central bank and supporting bitcoin, influenced the cryptocurrency market, raising bitcoin (COIN:BTCUSD) by 2%, to $37,150. Milei advocates…
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Crypto This Monday: CME Closes in on Binance in Futures, VanEck Revamps ETF Seeding, and More
VanEck modifies Bitcoin ETF strategy for SEC VanEck, the asset manager, made modifications to its Bitcoin ETF request to the Securities and Exchange Commission on October 27, adopting a unique seeding method. Seeding is the initial funding required to launch an ETF. This fund helps to create units that underpin the ETF, allowing the trading…
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Crypto This Tuesday: Tether Hits $84 Billion Supply; Coinbase Soars with BTC, and More
Bitcoin stabilizes around $34,200 with volatility The price of Bitcoin (COIN:BTCUSD), which reached $35,200 on hopes of approval of a Bitcoin ETF in the US, consolidated around $34,200 on October 24 after a 15% increase. The quick break of resistance at $30,600 was surprising, but there is now expectation of a possible pullback. Positive funding rates and…
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Crypto this Monday: Robinhood in Top 3 BTC Holders, Friend.tech Rapid Decline, and More
Shibarium resumes token withdrawals and bolsters network readiness After setbacks in its initial launch, Shibarium, the Tier 2 blockchain created by the Shiba Inu team, has restarted withdrawals of tokens including ETH (COIN:ETHUSD), SHIB (COIN:SHIBUSD) and others. Lead developer Shytoshi Kusama reported that transactions can take up to 3 hours, and up to 7 days for…