Tag: Crypto
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Top South Korean Presidential Candidates Support Legalising Bitcoin ETFs
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South Korea may soon join the growing list of countries embracing cryptocurrency-based financial products, as the nation’s top presidential hopefuls have expressed support for legalising spot Bitcoin exchange-traded funds (ETFs). While the pledges have sparked optimism among investors and the crypto community, industry experts remain cautious, citing past delays and unmet promises. Presidential Hopefuls Signal…
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Bitcoin Nears $100K: Signs Point to New Bull Cycle and Major Price Breakout
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Bitcoin is inching closer to the much-anticipated $100,000 mark, with recent data and market analysis signalling the potential start of a powerful bull cycle. Experts suggest that the cryptocurrency’s latest price movement, supported by consistent capital inflows and record-breaking on-chain metrics, could pave the way for a significant price surge. Realised Cap Hits All-Time High…
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Stablecoin Surge Hints at Crypto Breakout in 2025
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Rising stablecoin volumes, investor inflows, and a dovish Fed spark renewed optimism in Bitcoin and Ethereum markets. A sharp increase in stablecoin trading volume is pointing to renewed bullish sentiment across the crypto market. On May 7, 2025, well-known crypto analyst Crypto Rover flagged this trend as “mega bullish.” Data backs the claim: Tether (USDT)…
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VanEck Makes Bold Move with First Spot BNB ETF Filing in the US
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As altcoin ETF applications surge, VanEck’s filing marks a turning point for BNB and broader market sentiment. VanEck has officially filed for a spot BNB ETF in the United States — a historic first for the Binance native token. This development comes amid a growing wave of altcoin-based ETF filings, signalling rising confidence in crypto’s…
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Litecoin Eyes Breakout as ETF Decision Looms
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Bullish signals and rising sentiment drive LTC upward while traders await the SEC’s crucial ETF ruling. Litecoin (LTC), often dubbed the “digital silver,” is showing signs of a bullish reversal just as the U.S. Securities and Exchange Commission (SEC) prepares to rule on a potential spot ETF. After dipping below $70 in early April, LTC…
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XRP Price Faces 45% Decline Risk Amid Bearish Pattern and Slumping Network Activity
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Cryptocurrency XRP is flashing red signals as technical indicators and on-chain data suggest a significant downside risk. A bearish chart formation and declining user engagement point towards a potential 45% price drop to $1.20 in the coming weeks. Bearish Descending Triangle Signals Trouble for XRP XRP is currently trading at around $2.13 and is forming…
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Binance Launches New Airdrop to Reward Alpha Users
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According to an official statement, 291 BOOP tokens have been distributed to all Binance users who have accumulated at least 137 Alpha Points. In addition, Binance revealed a “lucky airdrop” for users with Alpha Points between 99 and 136, provided their account UID ends in the digit 4. These users also received 291 BOOP tokens. Alpha Points…
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Ethereum Faces Crucial Challenge to Attract Young Developers
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The Ethereum community has received an important warning highlighting concerns about its future. Jacob Franek, co-founder of Alliance, emphasized that Ethereum’s current investment strategy is not producing effective results. He contended that the community’s excessive focus on hackathons and neglect of user experience is undermining Ethereum’s competitiveness. Noting that the younger generation values speed, simplicity,…
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KuCoin Commits $2 Billion to Regain Crypto Trust
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The “Trust Project” aims to bolster security, compliance, and confidence across a sceptical crypto landscape. At the TOKEN2049 summit, crypto exchange KuCoin unveiled its boldest initiative yet — a $2 billion “Trust Project” designed to restore user confidence amid growing scrutiny of centralised platforms. With a user base of 38 million, KuCoin’s move signals an…
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Morgan Stanley to Introduce Crypto Trading for E*Trade Clients Amid Regulatory Rollbacks
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Major U.S. bank moves towards retail crypto access as Trump-era policy changes boost digital finance Morgan Stanley Prepares for Retail Crypto Push Morgan Stanley is planning to offer cryptocurrency trading on its E*Trade platform, in what would be the most significant move yet by a major U.S. bank to provide everyday investors direct access to…