Bitcoin Dominance Falls Below Critical Level For The First Time This Cycle, Altcoin Season Coming?
The Bitcoin dominance has now fallen below 60% for the first time in six months. But despite altcoins moving to grab more market share, this high dominance has remained a hindrance for the altcoin market. Given this, the Bitcoin dominance is expected to continue to determine where the crypto...
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Google Play Cracks Down on Crypto Wallet Apps in Key Regions
Google Play has rolled out a new policy that puts crypto wallet apps under tighter scrutiny. In 15 major regions, including the United States and the European Union, wallet apps must now show proof of a government-issued license before they can stay listed. The rules apply to both custodial...
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a16z and DeFi Education Fund Push SEC for dApp Safe Harbor
Andreessen Horowitz, better known as a16z, and the DeFi Education Fund are calling on the U.S. Securities and Exchange Commission to introduce a regulatory safe harbor for decentralized applications. They sent a detailed letter to SEC Commissioner Hester Peirce asking for clearer rules that would stop certain dApps from...
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Canary’s Trump Coin ETF Trust registered in Delaware, TRUMP up over 10%
Canary Capital has registered the Canary Trump Coin ETF in Delaware, laying the foundation for what could become the first U.S. exchange-traded fund tracking the Official Trump memecoin. On Wednesday, Canary’s registration for the Canary Trump Coin ETF went live…...
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Coinbase Loses $300K in MEV Exploit After Misstep With 0x Swapper Contract
Crypto exchange Coinbase lost roughly $300,000 in token fees after a misconfigured interaction with decentralized exchange protocol 0x’s “swapper” contract allowed MEV bots to siphon funds from one of its corporate wallets. Coinbase’s chief security officer Philip Martin confirmed the mishap and called it an “an isolated issue” tied...
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Ether investors betting too much on a Fed rate cut, analysts worry
Ether investors seem to be pricing in “perfection” — but what if inflation increases or a major war breaks out?...
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Crypto Wallets Face Google Play Ban Without Federal Licenses Across 15 Jurisdictions
The Google Play Store announced on Wednesday a new policy mandating that developers of cryptocurrency wallet applications secure a license before their software can be published. This policy is particularly focused on 15 jurisdictions, including the European Union (EU) and the United States, and delineates specific regulatory frameworks that...
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Coinbase Integration Helped This Crypto Token Pop Over 80% In A Week: Find Out More
Decentralized exchange token Aerodrome Finance (CRYPTO: AERO) popped on Wednesday after being integrated into Coinbase Global Inc.’s (NASDAQ:COIN) main application. AERO Jumps To A 7-Month High AERO surged over 6% in the last 24 hours, jumping to levels last seen nearly seven months ago. The token, based on Coinbase’s...
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A16z, DeFi Education Fund Propose SEC ‘Safe Harbor’ For DApps Developers
Venture Capital (VC) firm Andreessen Horowitz (a16z) and nonprofit research and advocacy organization DeFi Education Fund (DEF) have jointly submitted a key proposal to the Securities and Exchange Commission (SEC) to protect developers and innovation. A16z, DeFi Group Partner For Crypto Policies On Wednesday, a16z and the DeFi Education...
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Analyst Calls Chainlink This Cycle’s ‘Most Obvious’ Large-Cap Crypto Jackpot, Compares It To AWS, Microsoft Azure, Google Cloud
A prominent cryptocurrency analyst is drawing parallels between Chainlink (CRYPTO: LINK) and major cloud computing platforms, suggesting the blockchain oracle network could become this cycle’s most significant large-cap cryptocurrency opportunity. Technical Breakout Signals Bullish Momentum Miles Deutscher, writing on social media platform X on Wednesday, highlighted that LINK has...
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