Author: e_cash_top
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US senators push SEC to reject other crypto ETF proposals, casting doubt on Ethereum ETF approval chances
[ad_1] The chances of approval for the pending spot Ethereum exchange-traded fund (ETF) applications this May are strained as two US Senators urged the Securities and Exchange Commission (SEC) to reject other crypto ETF proposals. In the March 11 letter to SEC Chair Gary Gensler, Senators Jack Reed and Laphonza Butler advised the financial regulator…
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Net ETF inflows of $132 million on volatile day for Bitcoin as market prepare to gap down
[ad_1] Bitcoin ETF inflows totaled $132 million on March 14, per data from Bitmex Research. The result, while strong, marks a slowdown from earlier in the week. BlackRock’s Bitcoin ETF saw $345.4 million in inflows, the highest among providers. However, Grayscale’s Bitcoin Trust (GBTC) experienced outflows of $257.1 million, down slightly from the day before.…
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Avalanche Foundation buys self-proclaimed ‘completely useless’ memecoins for treasury
[ad_1] The Avalanche Foundation has announced its acquisition of five community (meme) coins native to the Avalanche blockchain network, as reported in a recent blog post. This move is part of the Foundationโs ongoing Culture Catalyst program, which aims to support Web3 creators, drive innovation on Avalanche, and promote broader blockchain adoption. According to the…
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Zero Knowledge protocol Polyhedra Network valued at $1 billion despite recent token theft
[ad_1] Polyhedra Network, the zero-knowledge protocol zkBridge developer, became the latest crypto company to reach unicorn status after it raised $20 million in a funding round that valued it at $1 billion, according to a Mar. 14 statement shared with CryptoSlate. This development occurred less than a day after the project experienced a breach that…
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From shrimps to whales: Whoโs buying and selling during this rally?
[ad_1] The distribution of Bitcoin’s supply across various cohorts โ shrimps, crabs, fish, sharks, and whales โ can help us understand how each market segment behaves. Shifts in Bitcoin’s supply among these groups are heavily correlated with price movements and broader market trends, which is why understanding them is essential when analyzing the market. Shrimps…
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European Commission asks for AI risk data from Google, Facebook, X and five others
[ad_1] The European Commission has initiated a comprehensive inquiry into the risks posed by generative AI technology on some of the worldโs largest online platforms and search engines. The March 14 request targets eight online services: Google Search, Microsoft Bing, Facebook, X, Instagram, Snapchat, TikTok, and YouTube. The European Commission said: โThe questions relate to…
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Crypto owners favor Trump over Biden in 2024 election with 9% divide
[ad_1] What is CryptoSlate Alpha? A web3 membership designed to empower you with cutting-edge insights and knowledge, powered by Access Protocol. Learn more โบ Connected to Alpha Welcome! ๐ You are connected to CryptoSlate Alpha. To manage your wallet connection, click the button below. Important: You must lock a minimum of 20,000 ACS If you…
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Hong Kong adds Bybit to its list of suspicious crypto exchanges
[ad_1] What is CryptoSlate Alpha? A web3 membership designed to empower you with cutting-edge insights and knowledge, powered by Access Protocol. Learn more โบ Connected to Alpha Welcome! ๐ You are connected to CryptoSlate Alpha. To manage your wallet connection, click the button below. Important: You must lock a minimum of 20,000 ACS If you…
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Cetera Financial Group unveils policy to allow Bitcoin ETF exposure for RIAs, brokers
[ad_1] Cetera Financial Group has introduced a new initiative aimed at supporting financial advisors with the integration of spot Bitcoin ETFs into investment strategies. The policy, revealed in a March 14 press release, marks a pivotal step in accommodating the growing investor appetite for investment options involving Bitcoin. Cetera has an impressive roster of over…
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Hackers like Lazarus continue to use Tornado Cash despite US sanctions
[ad_1] Blockchain analytics firm Elliptic revealed that the North Korea-backed hacker group Lazarus is once again using sanctioned crypto mixer Tornado Cash to obfuscate its transactions. Last year, the group ceased using the crypto mixer after US government sanctions, which were imposed due to allegations of aiding criminals in laundering illegally obtained digital assets. Following…