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Cryptocurrency News
Livebitcoinnews
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The US’ GENIUS Act Could Be A Disaster Waiting To Happen, Amundi Warns
- The U.S. Senate passed the GENIUS Act to strengthen stablecoin oversight.
- Amundi asset manager warns that the GENIUS Act could unintentionally weaken the U.S. dollar's dominance.
- The stablecoin market has grown to over $254 billion, and is projected to reach $3.7 trillion by 2030.
- The GENIUS Act aims to make stablecoins safer by ensuring full collateralization, but concerns are raised about potential negative impacts on the U.S. dollar's strength and the stability of the financial system.
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Crypto-News-Flash
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Ethereum-Backed Stocks Soar After $40 M ETF Inflows, BMNR & SBET Lead Rally
- Ethereum is gaining popularity as a treasury asset in publicly traded companies, supplanting Bitcoin in some cases.
- Stocks tied to Ethereum surged more than 25% on July 2, with BitMine and SharpLink Gaming leading the charge.
- BitMine Immersion Technologies and Bit Digital have transitioned to holding Ethereum as their primary reserve, boosting their stock prices significantly.
- Institutional interest in Ethereum is growing, highlighted by record ETF inflows of $40.7 million on July 1, signaling potential for Ethereum to reach new highs.
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TechBullion
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Image Credit: TechBullion
2025 Crypto Recovery Reviews: Legit Services or Scams?
- Explore legitimacy of 2025 crypto recovery reviews to navigate services and avoid scams.
- Learn how to distinguish genuine recovery services like BCA, CRE, and RSF.
- Reclaim lost crypto assets securely with reputable recovery services.
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16 Likes
TheNewsCrypto
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Zelenskyy’s Outfit Sparks $79 Million Crypto Betting Controversy
- Polymarket's betting controversy over Ukrainian President Zelenskyy's outfit raised a $79 million gambling debate on whether it was a suit or not.
- Fashion analysts are divided on Zelenskyy's attire, with some considering it a suit due to the matching material, while others view it as casual blazer wear.
- The outfit scandal led to questions on truth verification in decentralized betting markets, with the decision-making process relying on oracles of the UMA Protocol blockchain.
- The $79 million bet on Zelenskyy's outfit exemplifies the challenges faced by decentralized prediction markets like Polymarket, showing how subjective topics like formal attire can become complex under betting conditions.
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Coindoo
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187
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Chainlink Price Prediction 2025 Points to Steady Climb While Qubetics Gains Spotlight With $4.20 Launch Peak
- Chainlink price prediction 2025 analyzed with protocol developments and macro adoption trends.
- Qubetics emerges with 950% rally, backed by exchanges, aiming to be a top crypto ICO.
- Chainlink maintains robust utility model and institutional integration, projected to reach $35-$42.
- Qubetics wallet's utility showcases interoperability, ease of use, initial surge with $4.20 high.
- Both projects offer potential growth and utility in the evolving digital asset landscape.
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Coinpedia
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Image Credit: Coinpedia
Dogecoin Price Prediction for July 2025—DOGE Price Strengthens Case for a Move to $0.25
- Dogecoin price is showing a slow ascent, supported by an ascending trend line, potentially pushing it above $0.18.
- Speculation suggests Dogecoin may have reached its lowest range, hinting at a forthcoming upward trend.
- Renewed market optimism, ETF discussions, and social media hype are boosting Dogecoin's momentum in July 2025.
- Analysts are optimistic about a potential Dogecoin ETF approval, with a key decision expected on August 17, 2025.
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Coinpedia
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Image Credit: Coinpedia
XRP News Today: Whale Sell-Off Hits $1B Following Ripple’s Massive Unlock
- Ripple surprised the crypto market by unlocking 500 million XRP following a recent release of the same amount, splitting its traditional 1 billion XRP monthly unlock into two parts.
- Ripple has shifted to a more flexible approach with its XRP reserves, unlocking 1 billion XRP in July in two parts, relocking 700 million, and allocating the remaining 300 million for ecosystem expansion.
- A whale sell-off in the XRP market resulted in over $1 billion worth of XRP being offloaded by large holders, signaling a drop in confidence and potentially exerting downward pressure on XRP's price.
- XRP is currently facing resistance at $2.248, with analysts highlighting this level as a critical battleground zone determining the direction of XRP's price action in the near future.
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Coinpedia
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Image Credit: Coinpedia
Crypto Scam Alert! New Fake GitHub Trading Bot Is Draining Solana Wallets
- A fake GitHub trading bot posing as a Solana tool has drained users' wallets by stealing private keys.
- The bot used hidden malicious code to steal private keys and send them to a hacker server, bypassing security checks.
- SlowMist warns users to avoid blindly trusting open-source tools with wallet access.
- The incident serves as a reminder for users to be cautious when using GitHub projects that deal with private keys, suggesting testing in isolated environments.
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Global Fintech Series
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179
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Forte and Sequence Partner to Power Web3 Monetization Through Integrated Payment Infrastructure
- Forte and Sequence have partnered to integrate FortePay into the Sequence platform for web3 monetization.
- FortePay will provide global payment network coverage and compliance tools for developers to enable seamless value transfer across blockchains.
- The integration allows users to buy, convert between crypto and fiat currencies, purchase NFTs, and transact with custom tokens through the Sequence platform.
- The partnership aims to create a user-friendly web3 ecosystem that prioritizes safety, simplicity, and developer success.
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Crypto-News-Flash
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Image Credit: Crypto-News-Flash
Aptos and Yellow Card Bring Gas-Free USDT Transactions to Africa
- Aptos and Yellow Card have launched a gas-free USDT and USDC transfer service in over 20 African countries, allowing for fast and fee-free stablecoin payments.
- The partnership aims to enhance financial inclusion by simplifying cross-border transactions through instant settlement and covering gas fees for users.
- Stablecoins like USDT and USDC are gaining popularity in Africa, with over 50 million digital asset users in Sub-Saharan Africa alone, making them a valuable medium of exchange amidst currency fluctuations.
- Aptos' strategic moves extend beyond Africa, including participation in the CFTC Digital Asset Markets Subcommittee in Washington and investments in diverse sectors like public health, showcasing a broader focus beyond finance.
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TronWeekly
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Crypto Picks July 2025: Litecoin, Filecoin, Hedera to Watch
- Litecoin (LTC) is aiming for a breakout above $93 despite current bearish momentum, with a long-term target projected at over $105.
- Filecoin (FIL) is trading near key support at $2.00 and analysts foresee a bullish wedge pattern that could lead to a long-term target of $11.40.
- Hedera (HBAR) is close to oversold levels at $0.1467, with potential for a rebound towards $0.20-$0.21 supported by enterprise adoption and strong fundamentals.
- Litecoin, Filecoin, and Hedera are gaining attention as potential market leaders in July 2025, showcasing long-term bullish sentiments despite current technical weaknesses.
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Financemagnates
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CySEC Says Former FTX EU (Now Trek Labs) Meets Compliance, Lifts Suspension
- CySEC has lifted the suspension on the authorization of Trek Labs Europe Ltd, formerly known as FTX (EU) Ltd, after resolving regulatory issues and confirming compliance.
- Trek Labs Europe Ltd settled with CySEC by paying €200,000 for regulatory violations prior to its rebranding and change of ownership.
- Backpack, which acquired the European branch of collapsed crypto exchange FTX, has gained approval for the acquisition but remains under suspension by CySEC, focusing on returning funds to affected clients.
- CySEC also settled with two other Cyprus-based FX and CFD firms, Broctagon Prime Ltd and Exclusive Change Capital Ltd (now EXCA Prime), for compliance violations from 2021, with settlements totaling €90,000.
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Coinpedia
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Image Credit: Coinpedia
Could You Lose Your FTX Claim? Payouts May Be Blocked in These 49 Regions
- FTX Recovery Trust plans to block creditor payouts in 49 countries, including China and Russia, to ensure legal clearance.
- Creditors in these regions risk losing their claims if objections are not filed within 45 days.
- China accounts for 82% of the claim value among the affected regions, leading to significant backlash.
- A court hearing to review the proposal is scheduled for July 22, potentially causing further delays for creditors.
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5 Likes
TheNewsCrypto
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52
Ozak AI vs Chainlink: Can New AI Token Beat the Oracle Giant in Next Bull Run?
- Ozak AI combines artificial intelligence with decentralized finance to analyze market trends and improve investors' responses.
- The platform is backed by advanced blockchain infrastructure and its native OZ token is used for governance, staking, and transactions.
- Ozak AI's presale is gaining momentum with a current token price of $0.005, attracting early investors with strong upside potential.
- While Chainlink remains a dominant oracle provider in the market, Ozak AI's AI-driven approach challenges Chainlink's dominance, offering intelligent automation for financial strategies.
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TronWeekly
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340
Image Credit: TronWeekly
BNB Treasury Strategy Launched with $50 Million Purchase by Nano Labs
- Nano Labs initiates a $1 billion BNB strategy by purchasing $50 million and aims to acquire 10% of the circulating supply.
- Total cryptocurrency holdings of Nano Labs reach $160 million, including BNB and Bitcoin, as part of its long-term treasury plan.
- Despite the high-profile $50 million purchase, Nano Labs' shares declined by 4.7%, indicating mixed investor sentiment.
- BNB, targeted by Nano Labs for a 10% supply buy, has shown a minor growth of 0.61%, with the price around $658 per coin.
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