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Cryptocurrency News
TronWeekly
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Fidelity Exec Links Bitcoin Weakness to Gold’s Early Market Moves
- Bitcoin is down 15 to 20% while gold trades near record highs.
- Fidelity attributes Bitcoin's weakness to its retail-driven market.
- Gold reacts first to macroeconomic indicators due to institutional involvement.
- Bitcoin's price changes follow those of gold as market maturity and investor behavior influence the assets.
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Blockonomi
3w
190
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XRP Price Eyes $5, While XRPTurbo’s Presale Nears Completion—Could $XRT Lead The $XRP Defi Rally?
- XRP investors expect a rally after Ripple's victory over the SEC.
- XRP remains stable around $2.4, with a potential $5 target.
- The XRPTurbo presale is close to completion and attracting significant interest.
- XRPTurbo aims to enhance XRP's DeFi ecosystem and offers various tailored DeFi products.
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Crypto-News-Flash
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221
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Ethereum vs. Solana: Arthur Hayes Expects ETH to $5K Before SOL Hits $300
- Arthur Hayes predicts Ethereum (ETH) to reach $5000 and Solana (SOL) to hit $300 in the short term.
- SOL is expected to surge by 2,900% and reach $3,800 after forming a cup-and-handle pattern.
- ETH is currently holding above $2,000 after a 0.6% decline in the last 24 hours.
- Solana has surpassed 11.09 million active accounts, driving short-term price expectations to $200.
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99Bitcoins
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221
All You Need to Know About Fidelity’s New ‘OnChain’ Share Class
- Fidelity plans to launch its “OnChain” share class on Ethereum by May 30, tokenizing its $80 million Treasury Digital Fund for better tracking.
- The “OnChain” class tracks transactions on the blockchain, offering investors clarity. Traditional records remain official and reconciled daily.
- With a $4.78 billion RWA market, Fidelity joins BlackRock and others, potentially intensifying competition in tokenized Treasury products.
- Fidelity’s $5.8 trillion empire hints at expanding “OnChain” to other blockchains, building on its $17 billion crypto funds.
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99Bitcoins
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252
Circle’s USDC Gains Regulatory Approval In Japan, Partners With SBI Holdings For Adoption
- Circle, the issuer of USDC stablecoins, has gained regulatory approval in Japan and has partnered with SBI Holdings to enable the adoption of USDC in the country.
- SBI VC Trade, a subsidiary of SBI Holdings, has secured certification from Japan's Financial Services Agency to list USDC under the country's stablecoin regulatory framework.
- Circle plans to launch USDC on 26 March 2025 in Japan, with support from exchanges such as Binance Japan, bitbank, and bitFlyer.
- USDC has experienced significant growth, outpacing other stablecoins with a 78% year-on-year growth. Its all-time transaction volume has surpassed $20 trillion and it is now available to over 500 million users in 180 countries.
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Bitcoinsensus
3w
4
Image Credit: Bitcoinsensus
US Senate Advances Stablecoin Bill & What This Means for Crypto: The Toobit Take
- The US Senate Banking Committee's advancement of the GENIUS Act for stablecoin regulation signals a significant step towards integrating digital assets into the financial system.
- This bipartisan effort aims to establish a comprehensive framework for stablecoins, paving the way for their mainstream adoption and legitimization.
- The bill addresses regulatory uncertainty in the crypto industry, potentially encouraging more companies to operate within the U.S. rather than moving overseas.
- Proponents believe the legislation strikes a balance between innovation and consumer protection, providing clear guidelines for stablecoin issuers.
- Critics express concerns over a potential Big Tech takeover of the stablecoin market and inadequate consumer protection under the bill.
- Stablecoins offer faster and more inclusive payment options, revolutionizing transactions and financial access for the unbanked and underbanked.
- The industry has shown mixed reactions to the proposed legislation, with some viewing it as a positive step towards mainstream adoption and others fearing stifled innovation.
- The advancement of the GENIUS Act underscores the evolving landscape of cryptocurrency regulation, with implications for the future of digital assets in the U.S.
- A clear legal framework for stablecoins could attract more investors and users, solidifying their role in modern finance.
- Toobit Exchange, a prominent platform for crypto trading, provides tools to enhance trading experiences and stay updated on the latest crypto news and developments.
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Cryptoninjas
3w
230
Image Credit: Cryptoninjas
BlackRock Introduces Bitcoin ETP in Europe amid Rising Demand for Cryptocurrencies
- BlackRock, the world's largest asset manager, has introduced its iShares Bitcoin ETP (IB1T) in Europe, supported by Bitcoin held in cold storage.
- The ETP has a total expense ratio (TER) of 0.15% and will be listed on Deutsche Börse, Euronext Paris, and Euronext Amsterdam. The fee is set to rise to 0.25% by the end of the year.
- This move follows the success of BlackRock's US Bitcoin ETF, which has $50.7 billion in assets under management (AUM).
- BlackRock's entrance into Europe's crypto ETP market reflects the growing demand for Bitcoin ETPs and the need to bridge the gap between cryptocurrencies and traditional finance.
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Crypto-News-Flash
3w
221
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George Harrap’s Journey From BitSpark To Step Finance On Solana
- George Harrap founded Step Finance to simplify Solana’s complex DeFi landscape for everyday users.
- He focuses on building tools that empower people to truly understand their crypto activity.
- Before Step Finance, George was the founder of BitSpark, a blockchain-based remittance platform bridging the gap between cash and digital assets.
- George's goal is to make blockchain and DeFi understandable and accessible to ordinary people.
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Livebitcoinnews
3w
128
Image Credit: Livebitcoinnews
Circle’s USDC Becomes First Approved Stablecoin in Japan
- Circle’s USDC becomes the first approved stablecoin in Japan
- Circle expands in Japan through strategic partnership with SBI Holdings
- Japan’s financial regulator grants USDC official approval
- Major crypto exchanges in Japan to list USDC
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Bravenewcoin
3w
433
Image Credit: Bravenewcoin
XRP Price Prediction: Ripple’s Bank Partnerships and Market Momentum Fuel XRP’s Path to $5
- XRP price has regained upward momentum, currently trading at $2.45.
- Ripple's growing institutional partnerships position XRP as a viable alternative to the SWIFT network.
- The end of the SEC lawsuit removes a significant regulatory overhang, boosting investor confidence and paving the way for further institutional adoption.
- Technical indicators suggest a rally toward $5, with XRP's chart price reflecting strong bullish momentum.
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TronWeekly
3w
247
Image Credit: TronWeekly
Hedera (HBAR) Price Prediction & Analysis: Crypto Community Rush Towards 100X Coin Coldware Ahead Of Tier-1 Listings
- The crypto community is turning its attention toward both HBAR and Coldware as Coldware (COLD) gears up for Tier-1 exchange listings.
- Coldware (COLD) is gaining attention as the next 100x coin, focusing on solving the interoperability problem in the blockchain ecosystem.
- HBAR and Coldware (COLD) offer significant growth potential, but Coldware (COLD) seems to have the edge due to its focus on IoT applications and blockchain network integration.
- Hedera (HBAR) has been consolidating at a critical demand zone, with the potential for a bullish breakout if sentiment continues to favor altcoins.
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TronWeekly
3w
212
Image Credit: TronWeekly
Ripple XRP investors are making huge profits every day using Cesur Mining’s cloud mining technology.
- Ripple XRP investors are making huge profits every day using Cesur Mining’s cloud mining technology.
- Cloud mining offers a way to guarantee a steady, consistent income without the risk of market volatility.
- CESUR Mining provides a simple and user-friendly interface for beginners to start cloud mining Bitcoin and Dogecoin.
- The cloud mining platform achieves high returns through intelligent power allocation and market-responsive technology.
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TheCryptoBasic
3w
402
Image Credit: TheCryptoBasic
Custodia Bank Launches First US Bank-Issued Stablecoin on Ethereum
- Custodia Bank has launched the first-ever U.S. bank-issued stablecoin on a permissionless blockchain.
- The stablecoin, named Avit, is tokenized on Ethereum and represents 'real dollars' as it is issued by a bank authorized to take demand deposits.
- Custodia's CEO, Caitlin Long, sees Avit as a way for legacy finance to benefit from blockchain technology within the banking system.
- The launch of Avit on Ethereum gained attention due to Custodia's CEO being a Bitcoin maximalist, sparking ironic remarks from observers.
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Coin Telegraph
3w
123
Image Credit: Coin Telegraph
Bitcoin sets sights on 'spoofy' $90K resistance in new BTC price boost
- Bitcoin (BTC) exceeded $88,000 on March 25, driven by sensitive risk assets and rumors of US trade tariffs.
- BTC price gains anticipate a typical comeback in April, historically a strong period for risk assets.
- Short-term BTC price action revolves around the $90,000 mark, which is a major resistance level.
- Market manipulation by a trader nicknamed 'Spoofy the Whale' is speculated to be affecting liquidity near $90,000.
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Cryptopotato
3w
345
Image Credit: Cryptopotato
Mt Gox Makes Another Billion-Dollar Bitcoin Move, More Payouts on the Way?
- Defunct crypto exchange Mt Gox moves 11,501 BTC worth $1.01 billion from one wallet to another.
- Unclear if the move is part of repayment efforts or internal asset shuffling.
- Creditor repayments deadline extended to October 31, 2025, with more funds potentially being moved to exchanges.
- Large transfers from Mt Gox trigger price declines, potential selling pressure from creditors could lead to further dips.
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