Crypto market capitalization is down more than 40% since its $2.5-trillion high back in early May, but institutional investors continue to pile into the market. Despite Bitcoin (BTC) losing over …
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BNY Mellon to assist Grayscale in converting the Bitcoin Trust into a BTC ETF
The world’s largest digital asset manager, Grayscale Investments, has partnered with America’s oldest bank BNY Mellon. As a result, the banking giant will provide the Grayscale Bitcoin Trust with fund …
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French financial authority to publish potential crypto regulation proposals
France’s stock market regulator, the Autorité des marchés financiers (AMF), has put forward new proposals that could result in more oversight authority for the crypto market. The organization published a notice on …
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Elon Musk-backed Dogecoin leads the $30 billion meme-coin market
Dogecoin, which shocked many after attaining a market capitalization of over $50 billion equaling with Barclays Bank, is still maintaining its position as a pilot to many other meme coins …
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Cardano demand to rise amongst retail and institutional investors
Recently, both institutional and retail investors have shown an increasing interest in Cardano. It is fast becoming the coin of choice for investors who are in crypto for the long term. Good …
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Bitcoin (BTC) Lightning Network to reach record capacity
Bitcoin’s second layer payment protocol Lightning Network has been expanding unnoticed by most users. First proposed in 2015 and launched in 2018 as a beta, its adoption and capacity have accelerated during …
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Brazil’s SEC to approve South America’s first Ethereum ETF
The Brazilian Securities Commission (CVM) has authorized the first exchange-traded fund (ETF) in Latin America that tracks the performance of Ethereum (ETH), according to the local media outlet Exame. On Tuesday, …
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Visa approves Bitcoin (BTC) debit card for Australian startup CryptoSpend
Visa approves Bitcoin (BTC) debit card for Australian startup CryptoSpend Global payments giant Visa moves forward with its commitment to digital currency adoption by approving a new Bitcoin debit card …
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Historical New York power plant resorts to mine Bitcoin with excess energy instead of selling it
Mechanicville Power Station, a historical hydroelectric power plant based in New York has resorted to mining Bitcoin with some of the power it produces. “It’s the best [type of bitcoin …
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Chicago’s First Midwest Bank increases Bitcoin exposure via Grayscale Bitcoin Trust
A division of Chicago’s First Midwest Bank increased its Bitcoin exposure last month, a filing with the US Securities and Exchange Commission shows. First Midwest is not alone in investing in Bitcoin via …
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