Rootoshi
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1 year, 11 months agoGenesis Global Trading Forfeits NY License, Pays $8M in Settlement
Genesis Global Trading, a cryptocurrency firm, has agreed to a settlement with the New York Department of Financial Services (NYDFS). As part of the settlement, the company has relinquished its right to operate…
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1 year, 11 months agoGenesis Global Trading Fined $8M, Surrenders BitLicense Over Compliance Failures
Genesis Global Trading, a subsidiary of Digital Currency Group, has been ordered to pay an $8 million fine and surrender its BitLicense, according to the New York Department of Financial Services (NYDFS). The…
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1 year, 11 months agoBlackRock CEO Advocates for Tokenization, Views Bitcoin as Digital Gold
BlackRock CEO Larry Fink has continued his pivot towards cryptocurrency, expressing a bullish stance on tokenization as a means to eliminate corruption. In a recent interview with CNBC, Fink discussed the launch of…
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1 year, 11 months agoBitfinity Secures $7M Funding to Boost Bitcoin-Enabled DeFi Services
Bitfinity, a UK-based blockchain startup, has successfully raised $7 million in funding. The investment was received in two parts, with $1 million in 2021 and a recent round of $6 million, which has brought the…
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1 year, 11 months agoGrayscale's Court Victory Paves Way for Bitcoin ETFs Approval
Gary Gensler, chairman of the U.S. Securities and Exchange Commission (SEC), has acknowledged the significance of Grayscale’s court victory in the approval of spot Bitcoin exchange-traded funds (ETFs). Despite t…
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1 year, 11 months agoBlackRock CEO Advocates for Ethereum ETF, Foresees Tokenized Securities Future
BlackRock CEO Larry Fink has expressed his belief in the value of an Ethereum exchange-traded fund (ETF), sparking speculation that a spot ETH ETF could be the next to trade following the successful launch of spot…
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1 year, 11 months agoSEC Approves Bitcoin ETF Amid Controversy and Market Restrictions
The U.S. Securities and Exchange Commission (SEC) recently approved the first spot-based Bitcoin Exchange-Traded Funds (ETFs), marking a significant milestone in the cryptocurrency industry. The approval came after…
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1 year, 11 months agoRipple's CTO Discusses Impact of XRP Token Burns on Value
The total number of XRP tokens burned recently reached a significant milestone, raising questions about the potential impact of these burns on the value of the circulating XRP tokens. Ripple’s CTO, David S…
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1 year, 11 months agoVanguard Faces Backlash for Rejecting Spot Bitcoin ETFs Trading
Vanguard Group, a prominent American investment management company, is currently under fire for reportedly denying customers’ requests to access and trade Spot Bitcoin ETFs on its platform. This decision has led t…
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1 year, 11 months agoBlackRock Eyes Ethereum ETFs and Infrastructure Investments
Larry Fink, the CEO of BlackRock, has shown a strong interest in Ethereum-based Exchange Traded Funds (ETFs), indicating a potential strategic shift towards the adoption of blockchain technology. In a recent…
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1 year, 11 months agoBlackRock Eyes Ethereum ETFs, Expands Focus on Infrastructure
Larry Fink, the CEO of BlackRock, has shown a strong interest in Ethereum-based Exchange Traded Funds (ETFs), indicating a potential strategic shift towards the adoption of blockchain technology. In a recent…
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1 year, 11 months agoBlackRock CEO Likens Bitcoin to Gold, Foresees Limited Crypto Currency Use
Larry Fink, the CEO of BlackRock, has compared Bitcoin to gold, following the launch of spot Bitcoin ETFs. Despite this, he predicts a limited future for cryptocurrencies as a form of currency. In a discussion with…
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1 year, 11 months agoShiba Inu Burns Tokens, Boosts Demand Despite Current Market Dip
The Shiba Inu network is actively reducing its existing supply of Shiba Inu coins, a move aimed at increasing its market credibility. A recent report from ShibBurn reveals a significant increase in the Shiba Inu…
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1 year, 11 months agoBitcoin ETFs Approved, BlackRock CEO Sees Future in Tokenization
The cryptocurrency market has witnessed a significant development with the approval of Bitcoin (BTC) exchange-traded funds (ETFs) by the US Securities and Exchange Commission (SEC). Larry Fink, the CEO of BlackRock…
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1 year, 11 months agoScaramucci Predicts Bitcoin to Surpass $69,000, Anticipates Ethereum ETF Approval
Wall Street veteran Anthony Scaramucci has expressed confidence that Bitcoin will surpass its all-time high price of $69,000, which it reached in November 2021. This prediction comes after the approval of the…
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1 year, 11 months agoMusk Retains Large Dogecoin and Bitcoin Holdings Despite Market Fluctuations
Elon Musk, a prominent supporter of Dogecoin (DOGE), has revealed that he still holds a significant amount of the cryptocurrency. His past tweets have been known to influence the value of Dogecoin, at times making…
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1 year, 11 months agoSouth Korea Upholds Crypto ETF Ban Despite US Approvals
Despite the United States approving 11 spot bitcoin exchange-traded funds (ETFs) earlier this week, South Korea has reiterated its ban on crypto ETFs. The country’s financial institutions are prohibited from o…
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1 year, 11 months agoCoinShares Acquires Valkyrie's ETF Unit, Expands into US Market
CoinShares, a leading European crypto asset manager, has made a significant stride into the U.S. market by acquiring the exchange-traded fund (ETF) unit of Valkyrie Investments, a Nashville-based company. This…
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1 year, 11 months agoEthereum Poised for Bullish Breakout, Predicts Crypto Analyst van de Poppe
Ethereum (ETH) is currently at a crucial point, with a potential bullish breakout predicted by esteemed crypto analyst Michaël van de Poppe. In a recent tweet, van de Poppe shared his insights, suggesting that…
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1 year, 11 months agoEthereum Jumps 11.4% as Whales Accumulate, Boosting Market Sentiment
Ethereum (ETH) has seen a significant increase of 11.4%, with whales in the crypto ecosystem playing a major role in this surge. Data from the crypto analytics platform Lookonchain reveals that a whale with the…
