July 24, 2024
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Blockchain News

Blackrock’s Bitcoin Trust, Deutsche Bank’s Crypto Custodian License, and AltSignals’ Funding Drive Crypto Market Recovery

Cryptocurrencies have experienced a remarkable resurgence recently, despite regulatory challenges faced by major players in the industry. Blackrock’s pursuit of the iShares Bitcoin Trust, Deutsche Bank’s crypto custodian license application, and AltSignals’ successful token sale exemplifies the growing acceptance of cryptocurrencies within the financial sector. Recovery Amidst Regulatory Battles: While the SEC’s lawsuits against Coinbase

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Blockchain News

Market Bottom? Cardano ($ADA) Trading Volume, Active Addresses and Social Dominance Reach 2023 Highs as Price Falls

Cardano (ADA), a prominent smart contract platform, experienced a decline in its price, reaching a low of $0.23, following lawsuits filed by the U.S. Securities and Exchange Commission (SEC) against major exchanges, Binance and Coinbase. Despite this setback, recent data suggests that Cardano’s adoption and market indicators are showing signs of growth, offering valuable insights

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Bitcoin News

Bitcoin Inches Upward, SEC Lawsuits Shake Crypto Exchanges, and NFT Market Faces Challenges

In Asian trading on Tuesday, Bitcoin experienced a slight increase but fell short of breaking through the $26,000 barrier. Ether, on the other hand, slipped. Among the top 10 cryptocurrencies by market capitalization, Solana and Binance’s BNB token suffered the greatest losses. Meanwhile, the chairman of the U.S. Securities and Exchange Commission (SEC), Gary Gensler,

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Blockchain News

Crypto Markets Experience Weekend Plunge Amidst SEC Lawsuits Against Leading Exchanges

The cryptocurrency market took a hit over the weekend as both Ethereum and Bitcoin faced significant drops. Ethereum declined by 4%, while Bitcoin experienced a 2.5% decrease since Saturday. This bearish price action can be attributed to recent legal actions by the U.S. Securities and Exchange Commission (SEC) against two prominent centralized exchanges, Binance and

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