Crypto

The recent news surrounding the US Securities and Exchange Commission (SEC) indicates a pivotal moment for both the Solana (SOL) ecosystem and the broader cryptocurrency market. Reports from Bloomberg suggest that the SEC plans to reject two recent applications for Solana-based spot exchange-traded funds (ETFs). Eric Balchunas, a senior analyst at Bloomberg ETF, characterized these
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The leap in Bitcoin’s value past the $100,000 mark is more than just a milestone for investors; it’s a testament to the audacity of nations willing to integrate cryptocurrency into their economic frameworks. El Salvador, a Central American country often overlooked in global finance discussions, made headlines in 2021 by embracing Bitcoin as legal tender.
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In a move that underscores its methodical approach to cryptocurrency regulation, South Korea’s Financial Services Commission (FSC) recently refuted claims about the imminent establishment of a framework for real-name crypto accounts for corporations, including both public institutions and nonprofit organizations. This statement emerged after local media speculated that such a roadmap would be unveiled by
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In recent weeks, the cryptocurrency market has witnessed a remarkable shift, particularly with Bitcoin’s ascendance beyond the significant $100,000 threshold. This monumental achievement has not only amplified market enthusiasm but also reignited interest in Ethereum (ETH), the second-largest digital asset by market capitalization. As Bitcoin climbs new heights, Ethereum is at a critical juncture, battling
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In the rapidly evolving world of digital assets, compliance with regulatory frameworks is becoming increasingly crucial. A major player in this space, Coinbase, has spearheaded the initiative known as the Travel Rule Universal Solution Technology, or TRUST. On December 5, TRUST officially introduced TRUSThub, a sophisticated platform designed to facilitate efficient data sharing among Virtual
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The Tron blockchain is currently experiencing a notable resurgence, marked by a significant increase in the total value locked (TVL) within its ecosystem. As of December 4, the TVL reached an impressive $36.2 billion, achieving a remarkable all-time high. This growth highlights the network’s increasing attractiveness to users engaged in decentralized finance (DeFi). The rise
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In an impressive feat, BlackRock’s iShares Bitcoin Trust (IBIT) reached a remarkable milestone on January 11. Within just 228 days of its launch, it became the fastest exchange-traded fund (ETF) to amass $50 billion in assets under management (AUM). The current AUM of IBIT stands at approximately $50.60 billion, showcasing the fund’s burgeoning appeal among
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