Wyoming Highway Patrol Association Explores Bitcoin Adoption for Its Balance Sheet
The Wyoming Highway Patrol Association (WHPA), a nonprofit organization that supports troopers, dispatchers, and civilian staff, is considering adding Bitcoin to its balance sheet. The initiative is being pursued in collaboration with Proof of Workforce’s “Get Off Zero” program. It aims to educate labor unions and pension funds about...
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Is New Mexico the Next State to Hold a Bitcoin Reserve? VanEck Analysts See a $23 Billion Opportunity
New Mexico joins other US states in proposing the creation of a Bitcoin reserve, VanEck expects at least $23 billion to flow into State BTC. At this time last year, the crypto world was uncertain. The United States Securities and Exchange Commission (SEC) had just approved the first spot...
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Coincheck Sees 75% Revenue Surge Following Nasdaq Listing And Merger
Japanese cryptocurrency exchange Coincheck recorded a significant 75% increase in revenue during its fiscal third quarter, a surge attributed to its recent merger and successful Nasdaq listing. According to its earnings report for the period spanning October 1 to December 31, Coincheck’s revenue soared to $782 million, up from...
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Bitcoin (BTC) Poised to Hit a New ATH Soon, Says Analyst
TL;DR Bitcoin (BTC) rebounded from its February low of under $92K, with some analysts predicting a potential rise to a fresh peak. On the other hand, recent exchange inflows signal increased selling pressure, while rising US inflation may delay Fed rate cuts, potentially weighing on BTC. BTC Bulls to...
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S&P 500-Tracking SPY Boasts Of An Impressive Legacy, But Its Debut Pales In Comparison With BlackRock’s Bitcoin Spot ETF
The SPDR S&P 500 ETF Trust (NYSE:SPY) is the world’s largest and arguably the most popular exchange-traded fund, with a whopping $630 billion in assets under management. What happened: Launched in Jan. 1993, the SPY was also the first ETF to list on U.S.-based exchanges. It tracks the performance...
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Real Yield in DeFi: The Next Evolution of Passive Income
Decentralized finance has introduced new ways for people to earn passive income. Many users have been drawn to high-yield opportunities, but not all returns have been sustainable. Traditional DeFi yields often rely on inflationary token emissions, which can lose value […] The post Real Yield in DeFi: The Next...
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Analysis: Sui’s ecosystem growth drives market rebound
Sui has seen a market cap rebound of over 10% in the past 24 hours as a result of its growing presence in DeFi and gaming sectors. According to on-chain analytics platform Santiment, Sui’s market cap growth is supported by…...
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CAKE surged over 50% in the past 24 hours, can it hold onto its gains?
PancakeSwap has pulled off a 52.7% rally in the last 24 hours, fueled by its growing presence in the DeFi space. Since launching, PancakeSwap (CAKE) has become a leading automated market maker across multiple blockchains, including BNB Chain, Ethereum, Aptos,…...
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Coinbase in Talks for Return to India 2 Years After Exit: Report
Crypto exchange Coinbase (COIN) is holding talks with Indian authorities in an effort to secure approval to return to the country it quit in 2023, Tech Crunch reported on Wednesday. The exchange is in talks with regulators including the Financial Intelligence Unit (FIU), Tech Crunch said, citing two people...
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Crypto Regulation Heats Up in US House: Can Lawmakers Find Common Ground?
In a recent House Financial Services Committee hearing, lawmakers revealed differing approaches to stablecoin and cryptocurrency regulation, reflecting long-standing partisan tensions. The hearing, which took place on Tuesday, highlighted various legislative proposals and viewpoints on digital asset oversight. While some legislators argued for greater federal involvement, others championed state-level...
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