Tag: Crypto
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Genius Group Increases Bitcoin Holdings by 52%, Now Holds Over 100 BTC Worth $10 Million
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Singapore-based Genius Group Boosts Crypto Treasury Amid Bullish Market Trend Genius Group, a Nasdaq-listed edtech and entrepreneurial education company, has significantly expanded its Bitcoin holdings. According to a report dated June 17, the company increased its Bitcoin treasury by 52%, pushing its total holdings beyond 100 BTC — currently valued at over $10 million. This…
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Chinese Bitcoin ASIC Giants Set Up US Manufacturing Amid Trade Tensions
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Three of the world’s leading Bitcoin mining hardware manufacturers — Bitmain, Canaan, and MicroBT — are preparing to begin production in the United States as a strategic response to ongoing tariff pressures. Together, these Chinese companies are responsible for producing over 99% of the world’s Bitcoin mining application-specific integrated circuits (ASICs), which are essential for…
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3iQ Launches XRP ETF on Toronto Stock Exchange with Ripple as Key Backer
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New fund offers zero management fees for initial six months and cold storage for secure holdings Canadian asset management firm 3iQ has officially launched its XRP-focused Exchange-Traded Fund (ETF) — the 3iQ XRP ETF (XRPQ) — on the Toronto Stock Exchange (TSX). This new offering aims to provide North American and international investors with direct…
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XRP Outperforms as Markets Eye Fed Decision Amid Geopolitical Tensions
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XRP led gains among major cryptocurrencies on Monday, as global markets braced for this week’s US Federal Reserve meeting and the continued fallout from rising tensions between Israel and Iran. With no policy changes expected, investor focus remains on the tone of the Fed’s communication, while risk assets, including crypto, trade cautiously. XRP Leads While…
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Deribit’s Block RFQ Tool Surpasses $23B in Trades Amid Soaring Institutional Demand
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Deribit’s RFQ Interface Sees Rapid Growth Crypto derivatives exchange Deribit has witnessed remarkable success with its Block Request-for-Quote (RFQ) system, which has facilitated over $23 billion in trades since its launch in March 2025. The surge in activity highlights growing institutional interest in the platform, with the percentage of block trades via the RFQ interface…
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Crypto Funds Surge with $1.9B Inflows as Bitcoin and Ether Rebound
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Cryptocurrency exchange-traded products (ETPs) recorded a substantial $1.9 billion in inflows last week, pushing year-to-date (YTD) totals to a record $13.2 billion, according to a report by CoinShares. The data highlights growing investor confidence amid recent market volatility, driven largely by a rebound in Bitcoin and strengthening momentum in Ether. This marks the ninth consecutive…
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Solana (SOL) Surges 9.5% Amid Growing ETF Hopes and Strong Derivatives Demand
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Solana (SOL) witnessed a sharp price rally on June 16, surging by 9.5% to reach $157, up from $144 just a day earlier. The surge in momentum is largely attributed to rising optimism around the potential approval of a spot Solana ETF and strong demand in the derivatives market. The daily trading volume also doubled…
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Tether Freezes $12.3 Million in USDT Amid Suspicious Activity on Tron Network
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Tether Tightens AML Measures Tether, the issuer behind the world’s largest stablecoin USDt, has frozen over $12.3 million worth of USDT on the Tron blockchain. The move, executed at 9:15 am UTC on Sunday, is part of Tether’s ongoing crackdown on illicit activity and suspected Anti-Money Laundering (AML) violations. Although the company has not yet…
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Trump’s Crypto Empire: Power, Profits and Controversy
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Even before returning to the White House, Donald J. Trump had already begun carving out a powerful presence in the cryptocurrency world. His 2024 financial disclosures, released on Friday, reveal that crypto ventures have become one of the Trump family’s most lucrative income sources generating tens of millions in revenue and laying the groundwork for…
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Bitcoin Repeats 2024 Rally Pattern Amid Geopolitical Tensions, Eyes New Highs
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Bitcoin appears to be mimicking a familiar bullish setup that previously triggered an 80% rally, as renewed geopolitical tensions between Israel and Iran send ripples across financial markets. Market analysts are pointing to a combination of technical support, macro tailwinds, and whale accumulation as signs that the cryptocurrency could soon break out to new all-time…