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Market of ‘Extreme Greed’ Persists Amid Unprecedented June Bitcoin Perpetual Futures Sell-Off

In the past 24 hours, the cryptocurrency market experienced a modest increase of 2.16% against the U.S. dollar, with bitcoin’s value lingering slightly above the $69,000 threshold. The Crypto Fear…

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South Korea to Unveil Guidelines Barring the Listing of Hacked Coins

South Korean authorities are reportedly planning to release updated guidelines for virtual asset trading. These guidelines will prohibit the listing or relisting of coins that have previously been hacked. Additionally,…

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Australian Asset Management Firm Transfers Bitcoin ETF Application to Cboe Australia

Monochrome Asset Management, an Australian investment management firm, has transferred its bitcoin exchange-traded fund (ETF) application to Cboe Australia. This move aligns with Monochrome Asset Management’s objective of broadening its…

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Robert Kiyosaki Responds to Bitcoin Crashing to $200 Prediction by Economist Harry Dent

Rich Dad Poor Dad author Robert Kiyosaki has shared what he will do if the price of bitcoin crashes to $200 as predicted by economist Harry Dent. “Harry Dent is…

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JPMorgan Anticipates SEC Approving Spot Ethereum ETFs After Litigation Process

Global investment bank JPMorgan anticipates that the U.S. Securities and Exchange Commission (SEC) will eventually approve spot ether exchange-traded funds (ETFs). However, the firm pegs the chance of approval in…

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Federal Reserve’s Neel Kashkari on Bitcoin: Still No Legitimate Use Case in an Advanced Democracy

The president and CEO of the Federal Reserve Bank of Minneapolis, Neel Kashkari, has expressed concern about consumer risk due to “fraud, hype, and confusion” surrounding bitcoin. Moreover, he said…

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Genesis Sells Grayscale Shares, Buys $2.17 Billion in Bitcoin for Customer Reimbursement

Following Genesis Global Capital’s receipt of authorization to divest its Grayscale fund holdings, reports disclose that Genesis executed the sale last week. The proceeds were then used to procure 32,041…

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Miners Offload Bitcoin in Anticipation of Reward Halving, Says Cryptoquant

Data from Cryptoquant indicates that bitcoin miners have been offloading their assets in anticipation of the upcoming Bitcoin network halving, slated to take place in two weeks. Cryptoquant highlighted a…

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US Bitcoin ETFs Bounce Back With $569.4M in Net Inflows After Initial Dip

Spot bitcoin exchange-traded funds (ETFs) concluded the week on an upbeat note, securing $203 million in positive inflows on Friday, as per the latest data. Despite an initial setback of…

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