Tag: Crypto

Spot Solana ETF Proposal Clouded By VanEck’s Wash Trading Concerns

VanEck’s proposed spot Solana (SOL) exchange-traded fund (ETF) is facing scrutiny due to concerns over wash trading and the nature of on-chain activity. Matthew Sigel, Head of Digital Assets Research at VanEck, published an in-depth analysis on Tuesday, comparing SOL’s metrics with those of Ethereum to provide context and...
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Former FTX Executives Asked To Return $13 Million In Political Donations

The U.S. government is negotiating the recovery of approximately $13.25 million in political contributions made by former FTX executives, according to a recent federal court filing. What Happened: The government has asked for an extension until Jan. 15 to continue discussions with several political action committees (PACs) regarding the...
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Here’s Why The Dogecoin Price Is Rising Despite The Bitcoin Crash

The Dogecoin price is once again standing out from other cryptocurrencies with a strong, independent surge. Its latest rally reflects a trend of detachment from Bitcoin’s price, which typically sets the pace for most other digital assets. Despite Bitcoin’s influence over the broader crypto market, Dogecoin’s recent moves show...
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What The Election Outcome Means For Bitcoin’s Near-Term Price Action

Bitcoin‘s (CRYPTO: BTC) price direction may shift significantly based on whether Donald Trump or Kamala Harris win the 2024 presidential election. Experts told Benzinga that the race appears to be split evenly and that market sentiment has already factored in a possible Trump victory, which could see Bitcoin experience...
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As MiCA Nears Full Adoption, Could Europe Become World’s Web3 Destination?

Anthony Moro, CEO of Provenance Blockchain Labs, shared his thoughts on the European Union’s forthcoming Markets in Crypto-Assets (MiCA) regulation, which is set to be fully adopted by December 2024. According to Moro, MiCA’s structured regulatory framework could enhance the accessibility and consistency of the European crypto market, bringing...
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‘Dogecoin Killer’ Shiba Inu Up 3%: What Is Going On?

Shiba Inu (CRYPTO: SHIB) is up 3.7% over the past 24 hours as positive news from its community bolster sentiment. What Happened: Pseudonymous lead developer Shytoshi Kusama suggested establishing a blockchain innovation hub in the U.S., inviting presidential candidates to endorse a “Silicon Valley” for the blockchain sector.  ...
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