Crypto
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DYdX Chain Finally Kicks off in Open Source, Welcomes dApps
dYdX, a decentralized exchange, has launched its own blockchain called dYdX Chain. This programmable L1 blockchain is based on Cosmos’ Tendermint algorithm and proof-of-stake consensus. It can handle 2,000 transactions per second and brings decentralization to various trading instruments. The release of dYdX Chain marks a significant milestone for both dYdX and the DeFi ecosystem, as it fully decentralizes the…
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Vitalik Buterin invests in Nocturne Labs, which aims to bring private accounts to Ethereum
Nocturne Labs, a crypto startup, has raised $6 million in seed funding to develop a protocol that enables anonymous transactions within the Ethereum ecosystem. Led by Bain Capital Crypto and Polychain Capital, the funding round also saw participation from Ethereum co-founder Vitalik Buterin and other prominent investors. Nocturne aims to provide users with internal accounts that allow for anonymous receiving…
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BlackRock’s iShares Bitcoin ETF mysteriously disappears — then reappears — on DTCC site
The price of Bitcoin experienced a surge after the reemergence of BlackRock’s spot Bitcoin exchange-traded fund (ETF) ticker on the Depository Trust and Clearing Corporation’s (DTCC) website. However, the sudden disappearance of the ticker caused a slump in Bitcoin’s price, highlighting the market’s reliance on ETF-related developments. The drama surrounding the listing even briefly crashed the DTCC website, emphasizing the…
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ledger hardware wallet rolls out cloud based private key recovery tool
Hardware wallet firm Ledger is launching its cloud-based private key recovery solution, Ledger Recover, despite facing criticism from the crypto community. Ledger’s Cloud-Based Private Key Recovery Solution Ledger, a leading hardware wallet firm, is introducing its cloud-based private key recovery solution, called Ledger Recover. Despite facing criticism from the crypto community, Ledger is moving forward with the launch of this…
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Bitcoin Value Surges on Sec’s Softened Stance and Crypto Market Rally
Bitcoin’s value surges to a three-month high, reaching nearly $31,000, as optimism grows over the potential approval of Bitcoin Spot ETFs by the US SEC and positive developments in a lawsuit. Influential figures in the industry believe that regulatory clarity and the SEC’s softened stance on crypto could trigger another surge in Bitcoin’s price. This surge has also positively impacted…
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Bitcoin ETF Approval Anticipation Propels Significant Weekly Surge
Bitcoin Surges as Approval of US ETFs Looms, Potentially Attracting Institutional Investors Bitcoin experienced a significant 9.8% weekly increase, the largest since June, fueled by speculation surrounding the imminent approval of the first US exchange-traded funds (ETFs) that directly invest in the cryptocurrency. This surge has also had a positive impact on other cryptocurrencies, with Ether seeing a 3.3% increase.…
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Blockchain embraces gold to provide stability and growth for crypto assets
Looking for stability in the crypto market? Discover the potential of gold-backed digital tokens and NFTs. In a world where volatility reigns, a new solution has emerged for those seeking stability in the crypto market. Introducing a gold-backed digital ecosystem that combines the security of physical gold with the flexibility of digital tokens and NFTs. By pegging these tokens to…
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Bitcoin (BTC) Hints at Possible Price Correction If This Pattern Validates
Bitcoin (BTC) may be on the verge of a price correction, according to a potential pattern on its daily chart. A cryptocurrency analyst has identified a head-and-shoulders pattern forming on the daily chart, which typically indicates a reversal from a bullish to a bearish trend. Additionally, indicators such as the TD Sequential and RSI suggest a possible sell signal. However,…
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Xrp re enters bullish zone targets 1 4 price
XRP, the digital asset currently valued at $0.5228, has recently entered the bullish zone, signaling a potential path towards its $1.4 target. This shift in position, as reported by renowned analyst EGRAG, has sparked optimism about XRP’s future. However, before reaching this goal, XRP must overcome several resistance levels. If successful, it could pave the way for a smooth journey…
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Skybridge Capital’s Scaramucci Corrects Bitcoin Price Forecast
Anthony Scaramucci Corrects Bitcoin Price Forecast Amid SEC Sanctions Anthony Scaramucci, the head of SkyBridge Capital, has taken to Twitter to clarify misinformation surrounding his Bitcoin price forecast. Despite recent sanctions from the U.S. Securities and Exchange Commission (SEC) on his exchange-traded fund (ETF), Scaramucci remains optimistic about the future of the cryptocurrency. Contrary to rumors of Bitcoin reaching $31…
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