Federal Reserve Chair Powell Signals Caution Amidst Normalizing Rate-Hike Cycle
Fed's Powell: We are at the tail end of a normal rate-hiking cycle. I am not eager to cut rates as I still see wage and inflation pressures.
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Fed's Powell: We are at the tail end of a normal rate-hiking cycle. I am not eager to cut rates as I still see wage and inflation pressures.
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Euro-denominated Bitcoin futures will bolster institutional adoption — CME director
The upcoming launch of euro-denominated Bitcoin and Ether futures products could bolster institutional cryptocurrency adoption in the eurozone, Giovanni Vicioso, the executive director of equity and alternative products at the CME Group, told Cointelegraph in an exclusive interview.
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The upcoming launch of euro-denominated Bitcoin and Ether futures products could bolster institutional cryptocurrency adoption in the eurozone, Giovanni Vicioso, the executive director of equity and alternative products at the CME Group, told Cointelegraph in an exclusive interview.
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OpenRank Raises $4.5M Led by Galaxy and IDEO CoLab for Decentralized Web3 Trust Protocol
OpenRank secures $4.5M funding led by Galaxy and IDEO CoLab Ventures. The decentralized reputation protocol enhances Web3 trust through ratings. Funds will drive product development and protocol launch for developers.
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OpenRank secures $4.5M funding led by Galaxy and IDEO CoLab Ventures. The decentralized reputation protocol enhances Web3 trust through ratings. Funds will drive product development and protocol launch for developers.
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Bitcoin Sets Records Amid ETF Approval and Halving Hype, but $100K Predictions Raise Concerns
Bitcoin hits record highs post-US approval of spot ETF and anticipation of April halving. However, optimism for a $100,000+ price is questioned as current costs are estimated at $27,000 by JPMorgan, and the recent surge is unsustainable. Post-halving, costs are expected to decrease, potentially stabilizing around $43,000 if mining capacity drops.
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Bitcoin hits record highs post-US approval of spot ETF and anticipation of April halving. However, optimism for a $100,000+ price is questioned as current costs are estimated at $27,000 by JPMorgan, and the recent surge is unsustainable. Post-halving, costs are expected to decrease, potentially stabilizing around $43,000 if mining capacity drops.
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Binance Hits 178 Million Users and $3 Billion Inflows Under New CEO Richard Teng's First 100 Days
Binance's new CEO, Richard Teng, announces that within his first 100 days, Binance has surpassed 178 million registered users globally. The platform experienced a net inflow of over $3 billion between late November and the end of February, outpacing its largest competitor during the same period.
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Binance's new CEO, Richard Teng, announces that within his first 100 days, Binance has surpassed 178 million registered users globally. The platform experienced a net inflow of over $3 billion between late November and the end of February, outpacing its largest competitor during the same period.
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Bitcoin futures open interest hits all-time high
Open interest for bitcoin futures on centralized exchanges reached an all-time high after the recent price rally. Aggregated open interest for bitcoin futures stands at over $26 billion, according to Coinglass data.
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Open interest for bitcoin futures on centralized exchanges reached an all-time high after the recent price rally. Aggregated open interest for bitcoin futures stands at over $26 billion, according to Coinglass data.
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Grayscale Cuts 3,606 BTC as BlackRock Leads ETFs in Adding 10,999 BTC Worth $680M on March 1st
As of March 1st, Grayscale reduced its Bitcoin holdings by 3,606 BTC (valued at $223 million). Meanwhile, eight ETFs collectively added 10,999 BTC (equivalent to $680 million), with BlackRock contributing the majority by adding 9,730 BTC ($601 million).
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As of March 1st, Grayscale reduced its Bitcoin holdings by 3,606 BTC (valued at $223 million). Meanwhile, eight ETFs collectively added 10,999 BTC (equivalent to $680 million), with BlackRock contributing the majority by adding 9,730 BTC ($601 million).
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friend•tech Teases 'The People's Token' on X, Hinting at Possible Token Issuance
Web3 social network protocol friend•tech posts on X, hinting at the release of "the people's token (on-chain points)," suggesting a potential upcoming token issuance.
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Web3 social network protocol friend•tech posts on X, hinting at the release of "the people's token (on-chain points)," suggesting a potential upcoming token issuance.
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Ronin Allocates 30% of PYTH Airdrop to Treasury in Line with Community Commitment
Ronin allocates 30% of a 100,000 PYTH retrospective airdrop to its Treasury on X platform, in adherence to the community pledge of donating 30% from each RNS sale to the Ronin Treasury, eventually converting into RON tokens.
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Ronin allocates 30% of a 100,000 PYTH retrospective airdrop to its Treasury on X platform, in adherence to the community pledge of donating 30% from each RNS sale to the Ronin Treasury, eventually converting into RON tokens.
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Federal Reserve Report: Inflation Eases, Labor Market Tight, and Wage Growth Holds Above 2%
Fed's report: U.S. inflation slows but remains high; labor market tightens; 2023 wage growth slows but stays above 2% inflation pace; balanced risks, with high focus on inflation.
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Fed's report: U.S. inflation slows but remains high; labor market tightens; 2023 wage growth slows but stays above 2% inflation pace; balanced risks, with high focus on inflation.
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Grayscale CEO: Pent-up demand for bitcoin ETFs brought tremendous inflows and spiked price
Grayscale CEO Michael Sonnenshein stated in an interview that suppressed demand for Bitcoin ETFs has led to significant inflows of funds and a surge in prices.
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Grayscale CEO Michael Sonnenshein stated in an interview that suppressed demand for Bitcoin ETFs has led to significant inflows of funds and a surge in prices.
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Worldcoin's SMTB Protocol Validated: Milestone for Scalability and Reliability
Worldcoin's Semaphore Merkle Tree Batcher (SMTB) protocol, a key part of its World ID system, has received formal validation, marking a substantial milestone for the protocol's scalability, robustness, and reliability.
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Worldcoin's Semaphore Merkle Tree Batcher (SMTB) protocol, a key part of its World ID system, has received formal validation, marking a substantial milestone for the protocol's scalability, robustness, and reliability.
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Tangem Wallet Now Supports Aptos for Secure Asset Transactions
Cryptocurrency hardware wallet Tangem has announced its support for Aptos, enabling users to securely and swiftly send, receive, exchange assets, and store them within the Tangem wallet.
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Cryptocurrency hardware wallet Tangem has announced its support for Aptos, enabling users to securely and swiftly send, receive, exchange assets, and store them within the Tangem wallet.
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ChaosLabs Proposes Incremental Increase in GHO Minting Cap within Aave Community
ChaosLabs has initiated a new proposal within the Aave community, suggesting an increase in the GHO minting cap to 40 million coins. The ultimate goal is to incrementally raise the GHO minting cap to 50 million coins over the next few weeks by adding 5 million coins to the borrowing limit every five days, in accordance with risk management considerations.
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ChaosLabs has initiated a new proposal within the Aave community, suggesting an increase in the GHO minting cap to 40 million coins. The ultimate goal is to incrementally raise the GHO minting cap to 50 million coins over the next few weeks by adding 5 million coins to the borrowing limit every five days, in accordance with risk management considerations.
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BlackRock's Spot Bitcoin ETF Starts Trading in Brazil
BlackRock's Bitcoin ETF is now trading on Brazil's B3 exchange, offering investors another opportunity to include Bitcoin in their portfolios. The iShares Bitcoin Trust BDR ETF in Brazil has a 0.25% management fee, decreasing to 0.12% in the first year or until assets reach $5 billion.
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BlackRock's Bitcoin ETF is now trading on Brazil's B3 exchange, offering investors another opportunity to include Bitcoin in their portfolios. The iShares Bitcoin Trust BDR ETF in Brazil has a 0.25% management fee, decreasing to 0.12% in the first year or until assets reach $5 billion.
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AnetaBTC: Cardano-Based Protocol Streamlining Validator Software with UTXORPC Integration
AnetaBTC, a Cardano-based wrapped protocol, integrates utxoRPC in Aneta V2 and creates coin stubs for validator software, enabling seamless construction without interface changes. It facilitates p2p connections and authentication among validators.
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AnetaBTC, a Cardano-based wrapped protocol, integrates utxoRPC in Aneta V2 and creates coin stubs for validator software, enabling seamless construction without interface changes. It facilitates p2p connections and authentication among validators.
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Indonesia’s Crypto Watchdog Pushes for Friendlier Taxes as Regulatory Overhaul Looms
Indonesia's Bappebti calls for a review of cryptocurrency tax rates, highlighting the industry's early stage and the potential shift to classifying cryptocurrencies as securities under OJK.
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Indonesia's Bappebti calls for a review of cryptocurrency tax rates, highlighting the industry's early stage and the potential shift to classifying cryptocurrencies as securities under OJK.
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Craig Wright Accuses Critics of Bugging His House, Spoofing Emails to Bring Him Back to Court
Craig Wright, the Australian computer scientist, denied forging emails between him and his former lawyer in the final cross-examination of the COPA trial. Wright attributes timestamp discrepancies to email fraud, spam folders, domain migration, surveillance, and hacking attacks. The trial is set to resume on March 12, with both parties delivering closing statements.
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Craig Wright, the Australian computer scientist, denied forging emails between him and his former lawyer in the final cross-examination of the COPA trial. Wright attributes timestamp discrepancies to email fraud, spam folders, domain migration, surveillance, and hacking attacks. The trial is set to resume on March 12, with both parties delivering closing statements.
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UK Law Enforcement Will Soon Have More Power to Seize Crypto Assets
UK law enforcement gains expanded powers to seize crypto assets in crime cases, including terrorism, effective April 26 under the 2023 Economic Crime and Corporate Transparency Act. The provisions cover a civil recovery regime and crypto asset confiscation orders, targeting items aiding in the seizure of crypto assets.
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UK law enforcement gains expanded powers to seize crypto assets in crime cases, including terrorism, effective April 26 under the 2023 Economic Crime and Corporate Transparency Act. The provisions cover a civil recovery regime and crypto asset confiscation orders, targeting items aiding in the seizure of crypto assets.
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US Government's Rapid Debt Rise Fuels Gold and Bitcoin Prices, Warns PIMCO of 1980s Bond Market Risks
US Bank strategists highlight the US government's debt rising by $1 trillion every 100 days, contributing to the high prices of assets like gold and Bitcoin. Bank of America finds trades linked to "bond debasement" attractive amid increasing debt due to pandemic relief, economic stimulus, war funding, and a 9.3% GDP deficit over four years. PIMCO warns of risks, stating fiscal profligacy could return the US bond market to 1980s conditions.
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US Bank strategists highlight the US government's debt rising by $1 trillion every 100 days, contributing to the high prices of assets like gold and Bitcoin. Bank of America finds trades linked to "bond debasement" attractive amid increasing debt due to pandemic relief, economic stimulus, war funding, and a 9.3% GDP deficit over four years. PIMCO warns of risks, stating fiscal profligacy could return the US bond market to 1980s conditions.
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On March 1st, GBTC experienced an outflow of $492 million.
According to data from BitMEX Research, on February 29th, GBTC experienced an outflow of $492 million.
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According to data from BitMEX Research, on February 29th, GBTC experienced an outflow of $492 million.
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