Category: crypto
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Grayscale seeks SEC approval for Polkadot ETF on Nasdaq
Grayscale has applied to the SEC to launch a Polkadot ETF on Nasdaq, aiming to track DOT’s price performance. The ETF’s sponsors are Grayscale Operating LLC and Grayscale Investments Sponsors LLC, with BNY Mellon Asset Servicing overseeing administration. This is the second Polkadot ETF application this year, despite skepticism from some analysts.
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Justin Sun and WLFI Co-Founder Headline Consensus HK 2025 as TRON DAO Showcases T3 FCU
TRON DAO was a 5-Block Sponsor at Consensus Hong Kong 2025, showcasing leadership in blockchain. Justin Sun participated in panel discussions with WLFI and T3 FCU, highlighting TRON’s commitment to innovation and decentralized finance. TRON’s growth was discussed in a CoinDesk Live interview, emphasizing its impact in the industry.
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Tether CEO alleges rivals aim to ‘kill’ USDT through legal and legislative channels
Tether CEO Paolo Ardoino accuses rivals of using legal and regulatory tactics to destabilize the stablecoin issuer, targeting its operations in the US. He emphasizes Tether’s role in providing access to the US dollar for millions in developing countries and vows to protect users from potential negative impacts. US regulations on stablecoins could favor US-based…
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OKX aims for regulatory ‘gold standard’ after $500 million settlement with US authorities
OKX aims to be a leader in regulatory compliance after a $500 million settlement with US authorities. The company admitted to operating an unregistered money-transmitting business in the US and violating anti-money laundering laws. OKX plans to enhance regulatory practices and become a global compliance benchmark.
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Bitcoin crash forewarned by analysts citing sustained negative growth territory
Bitcoin price consolidated before dropping below $90,000 due to failure to break its all-time high. Macro uncertainty worsens the situation. Other cryptocurrencies like Ethereum and Solana have also seen declines. ETF inflows have slowed, indicating reduced institutional interest. On-chain data suggests negative growth in Bitcoin demand, leading to potential further decrease.
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Bitcoin faces possible plunge to $70,000 if ETF sell-offs persist
Arthur Hayes, co-founder of BitMEX, predicts Bitcoin’s price could drop to $70,000 due to bearish momentum. Institutional investors are focusing on spot Bitcoin ETFs for higher returns, potentially triggering a price drop. US-based spot Bitcoin ETFs saw significant outflows last week, with Fidelity’s FBTC and BlackRock’s IBIT leading the losses.
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Bybit swiftly repays 40,000 Ethereum loan as hacker launders $250 million
: Bybit has returned a $99.98 million Ethereum loan to Bitget following a security incident. The repayment was confirmed by Bitget CEO Gracy Chen, who stated that the loan was provided as a gesture of support with no interest or collateral requirements. Bybit also transferred additional funds to settle loans from other institutions. Despite these…
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Sam Bankman-Fried tweets from prison, aligns himself with DOGE efficiency philosophy
Sam Bankman-Fried recently posted tweets from prison after a period of silence, discussing workforce management, industry trends, and his experience of being unemployed. He expressed sympathy for government employees and criticized inadequate management in companies. He also showed support for Elon Musk’s Department of Government Efficiency initiative. SBF continues to seek a pardon for his…
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AlphaBitcoin’s short-term holder realized price remains a critical support amid market volatility Alpha 7 hours agoThe cost basis set by short-term holders has historically acted as the strongest support for Bitcoin's price.
Short-term holders of AlphaBitcoin have set a critical support price amid market volatility, historically acting as the strongest support for Bitcoin’s price.
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Trump tariffs trigger Bitcoin nosedive below $91k as altcoins crater
Bitcoin dropped below $92,000 as President Trump confirmed tariffs on Canada and Mexico, causing a 5% drop in the past 24 hours. The wider crypto market fell over 10%, with Ethereum, XRP, Solana, Cardano, and BNB all experiencing significant declines. Nearly $800 million in leveraged positions were liquidated, signaling increased uncertainty and potential market fluctuations…