Tag: Crypto
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Ethereum Exit Queue Surpasses $5 Billion, Raising Market Concerns
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Ethereum is experiencing its largest validator exit in history, with over $5 billion worth of Ether (ETH) now waiting to be withdrawn from staking. The development has raised questions about potential selling pressure, even as analysts highlight strong institutional demand that could balance the market. Record Validator Exodus On Thursday, Ethereum’s exit queue crossed the…
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World Liberty Financial Token Set for September Launch with $1 Price Prediction
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World Liberty Financial (WLFI), a new decentralised finance (DeFi) platform backed by former US President Donald Trump and his family, is preparing to launch its native token on 1 September. The project has already generated significant attention across the crypto sector, with analysts suggesting it could emerge as one of the most influential token events…
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Solana Developers Face $5,000 Bills for Single Queries on Google Cloud’s BigQuery
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Rising Concerns Over BigQuery Pricing Solana developers are voicing serious concerns after being hit with unexpected charges of up to $5,000 for running a single query through Google Cloud’s BigQuery. Several blockchain developers have described their experiences as “horror stories,” with some claiming that a few queries have cost them tens of thousands of dollars.…
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Daily Crypto Round-Up: NFT Prices Slide, Gemini Surpasses Coinbase, and Regulators Target Tokenised Stocks
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The cryptocurrency market experienced a turbulent day with sharp declines in leading NFT collections, a significant milestone for Gemini following its XRP credit card launch, and mounting regulatory scrutiny over tokenised stocks. NFT Market Suffers as Ether Retreats Blue-chip non-fungible token collections faced heavy losses as Ether retreated from record highs. Data from DeFi aggregator…
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XRP Struggles at $3 but Analysts Still Expect Breakout
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XRP has failed to reclaim the $3 level after tumbling more than 20% from its July peak, leaving traders debating whether the cryptocurrency can still stage a recovery. While the recent dip has unsettled some investors, several market analysts remain confident that a breakout could soon follow if key support levels hold. XRP Slides Below…
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$11B Bitcoin Whale Rotates Into Ethereum, Driving Market Optimism
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A major cryptocurrency investor has shifted billions from Bitcoin into Ethereum, signalling renewed institutional confidence in the world’s second-largest digital asset. The move comes as Ethereum continues to outperform Bitcoin, fuelling speculation of a fresh altcoin season. Whale Sells Billions in Bitcoin for Ethereum A Bitcoin whale, estimated to be worth over $11 billion, recently…
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Corporate Crypto Treasuries Double in 2025 Amid PR Concerns
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Corporate adoption of cryptocurrency in treasury management is accelerating, with the number of listed companies holding Bitcoin nearly doubling in the first half of 2025. Yet analysts caution that for some struggling firms, digital assets may be more of a public relations manoeuvre than a long-term financial strategy. Bitcoin Holdings Surge Among Public Companies A…
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South Korean Man Arrested in Thailand Over $50 Million Crypto-to-Gold Laundering Scheme
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Arrest at Bangkok Airport Thai police have arrested a South Korean man accused of helping a criminal gang launder more than $50 million worth of cryptocurrencies into gold.The Technology Crime Suppression Division (TCSD) confirmed that officers detained 33-year-old Han at Bangkok’s Suvarnabhumi Airport on Saturday, acting on a warrant issued in February. He now faces…
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China’s Stablecoin Ambitions Challenge Dollar Dominance but Trust Remains Key
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China is reportedly considering the launch of a yuan-backed stablecoin, potentially marking a new stage in the global financial system. The move would represent a sharp shift for Beijing, which has previously cracked down on cryptocurrencies while promoting its central bank digital currency, the digital yuan. According to initial reports, the rollout could begin in…
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SharpLink Gaming Approves $1.5 Billion Share Buyback to Strengthen Ether Treasury
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SharpLink Gaming has authorised a $1.5 billion share repurchase programme in a move aimed at bolstering its already significant Ethereum treasury. The company, which currently holds the second-largest Ether corporate reserve, sees the initiative as part of a wider strategy to enhance shareholder value and consolidate its position in the cryptocurrency ecosystem. Aiming to Boost…