Abu Dhabi’s Mubadala Expands Bitcoin ETF Portfolio By $436.9 Million
Abu Dhabi’s renowned wealth management firm Mubadala has invested $436.9 million in BlackRock’s BitcoinETF. Mubadala, the giant managing assets worth $330 billion, is diversifying its portfolio aggressively. A US Securities and Exchange Commission (SEC) filing revealed Mubadala’s confidence in Bitcoin and allocation of nearly half a billion to the...
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Unlock Up to 1,000+ $USDT in Rewards Through The BingX New User Exclusive Promo
Leading crypto exchange BingX, known for its social and copy trading features, recently launched an exclusive promo for first-timers. By completing deposit tasks and locking in a certain amount of tokens, new users can earn up to 1,000+ $USDT on BingX. The event runs from February 9 to February...
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Ukraine Peace Deal, Saylor’s $2bn Bitcoin Buy Plot: And You Think Crypto is Crashing?
Crypto is increasingly sensitive to global events and geopolitics. When Russia announced it was invading Ukraine, Bitcoin prices edged higher, and analysts expect this trend to continue now that former President Donald Trump is adamant the war in Ukraine should end. This week, the United States, led by Secretary...
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MANTRA Secures a License From Dubai’s VARA to Operate as a Virtual Asset Exchange
The DeFi platform MANTRA obtained a Virtual Asset Service Provider (VASP) license from Dubai’s dedicated regulator overseeing crypto operations. The approval now allows the entity to serve as a Virtual Asset Exchange and provide Broker-Dealer and Management and Investment Services. MANTRA’s Milestone According to a document shared with CryptoPotato,...
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BTCS, Figment And WonderFi To Kick Off Pilot Program For New Staker Protection Plan In March
BTCS Inc. (NASDAQ:BTCS), the blockchain infrastructure and technology company out to transform the approach to supporting Ethereum validators, announced it is partnering with Figment Inc., a blockchain infrastructure provider, for the launch of its Staker Protection Plan (SPP). As part of the pilot program for this new approach to...
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Stablecoins Are A Big Deal, But Not Where You’d Expect, Bernstein Says
Stablecoins are becoming a significant force in financial markets, but their impact is concentrated outside of traditional payments, according to a new report by Bernstein on Wednesday. While their market capitalization has surged to approximately $220 billion—marking a 74% increase compared to last year—their primary use case remains within...
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Direxion’s Crypto-Focused LMBO And REKT ETFs Offer Contrasting Ways To Play The Blockchain
One of the top reasons investors have gravitated toward cryptocurrency-related assets is the enormous upside potential. On the front-facing side of the blockchain ecosystem, the total value of all virtual currencies was around $1.99 trillion one year ago. Fast-forward to the present, and this metric is up at $3.14...
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Investors rush to new SOL meme coin, dubbed the next Bonk
Ethereum whales are accumulating ETH while retail investors focus on meme coins like ChowWow, signaling a potential price rally amid Bonk’s continued decline. #partnercontent...
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Ripple Whales Go on a Buying Spree Again: Is XRP Ready for New Heights?
TL;DR Whales have purchased almost $400 million worth of XRP in the last two days, which could potentially drive upward pressure on the asset’s valuation. Growing anticipation for a spot XRP ETF, with SEC acknowledgment of filings from Grayscale, 21Shares, and Bitwise, could provide a major catalyst for future...
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Michael Saylor’s Strategy To Raise Another $2 Billion To Buy More Bitcoin (CORRECTED)
Editor’s Note: This story has been updated to correct the “21/21 Plan” details in paragraph 6. Michael Saylor‘s Strategy (NASDAQ:MSTR), the largest corporate Bitcoin holder in the world, intends to issue $2 billion in convertible debt through a private offering, to buy more Bitcoin (CRYPTO: BTC) What Happened: On...
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