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100% of Coindesk stocks were acquired by Bullish, a cryptocurrency exchange run by former NYSE President. Just recently it has been revealed that Bullish, a crypto exchange that is led by former NYSE President Tom Farley, has bought 100% of CoinDesk stocks. It is known that it was an all-cash deal.
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Bitcoin (BTC) has been consolidating above $35,000 for several days, but the bulls have failed to resume the uptrend above $38,000. This suggests hesitation to buy at higher levels. BitGo CEO Mike Belshe said in a recent interview with Bloomberg that there is likely to be another round of rejections
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James Wallis, Ripple’s Vice President for Central Bank Engagements, recently shed light on the role central bank digital currencies (CBDCs) play in advancing global financial inclusion. In a fresh YouTube video, Wallis emphasizes the aim of extending financial services worldwide, particularly to those with modest incomes and no affiliations with
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Cardano (ADA) rose 36% in the last two weeks. Santiment reports that on-chain activity endorses the uptrend. Kaspa (KAS) and InQubeta (QUBE) are also receiving capital, pointing to rising confidence. Investors appear interested in InQubeta, as evident in the ongoing presale. So far, over $4.8 million has been raised in stage
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Tech firm Republic has recently announced its mission to democratize private market investing, with the selection of Avalanche as the platform for
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Crypto prices have been bullish in the past 24 hours, with Solana (SOL) and Cardano (ADA) faring as the strongest among the top 10 coins. Solana and Cardano are up 9.95% and 9.01%, respectively. Meanwhile, a new project, Bitcoin ETF Token (BTCETF), has raised over $850,000 in the ongoing presale. Alternative layer-1 narrative
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PancakeSwap has called on web3 gamifi developers to join Pancake Protector and Pancake Mayor in engaging its vibrant 1.5 million potential monthly players. PancakeSwap Finance (CAKE), a vibrant web3 ecosystem that was initially built on BNB Chain but grew to a multichain project, has introduced its PancakeSwap Gaming marketplace for both
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Ethereum price remained strong and started a fresh increase above $2,000. ETH could continue to rise if it clears the $2,075 resistance
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However, some market watchers warned of a dump as traders were more incentivized to go short or bet against, a price rise as such positions earned fees from those going long. In futures trading, longs pay shorts when funding is positive, and vice-versa when funding is negative. Source
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The bank says it is skeptical of both arguments. Instead of new capital entering the crypto sector, it is more likely that existing capital will move from current bitcoin products such as the Grayscale Bitcoin Trust (GBTC), bitcoin futures ETFs and listed mining companies, into the newly approved spot ETFS. Original
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