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Mastercard Launches Crypto Credential Service for Simplified Cross-Border Transactions

Financial giant Mastercard has initiated its first real-world application of the Crypto Credential system, a system aimed at facilitating easier and more secure peer-to-peer (P2P) cryptocurrency transactions. The service, which…

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NYSE Partners With Coindesk for Bitcoin-Tracking Financial Products

The New York Stock Exchange (NYSE) has teamed up with Coindesk Indices to develop cash-settled options contracts that track bitcoin prices. These contracts, based on the Coindesk Bitcoin Price Index…

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Liquid Staking Derivatives See 110,000 ETH Inflow Over 12 Days

While liquid staking protocols experienced a brief period of withdrawals, the past 12 days have seen liquid staking derivatives (LSDs) platforms gain 110,000 ether valued at $417.59 million. Swell Experiences…

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US Bitcoin ETFs Achieve $45 Million Inflows, Blackrock’s IBIT Still Trails GBTC in BTC Holdings

U.S. spot bitcoin exchange-traded funds (ETFs) saw another day of inflows on Tuesday, marking the 11th consecutive day of gains. Despite reports suggesting Blackrock’s IBIT holds more bitcoin than Grayscale’s…

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Dormant Bitcoin Address Awakens After a Decade, Moves $9.8 Million in BTC

May has emerged as a notable month for ‘sleeping bitcoin’ transactions, with a long-dormant address, inactive for ten years and six months, awakening on May 28 to move 145.89 BTC,…

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Ripple Doubles Contribution to Fairshake PAC to Promote Crypto in 2024 Elections

Ripple announced a $25 million contribution to Fairshake, a federal super Political Action Committee (PAC) supporting pro-crypto political candidates in the 2024 elections. This follows a similar $25 million contribution…

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Bitcoin Technical Analysis: BTC Shows Consolidation Phase Amid Recent Volatility

Bitcoin’s price on May 29, 2024, reflects a period of consolidation following recent volatility. The current price stands at $67,739 with an intraday range of $67,201 to $68,880. Technical indicators…

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Nomura, Laser Digital and GMO Internet Partner to Explore the Issuance of Stablecoins in Japan

Nomura, a global financial services group, Laser Digital, a digital asset-based business, and GMO Internet, the parent company of stablecoin issuer GMO-Z, have partnered to explore the issuance of U.S.…

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US Jury Convicts Two in $8M Crypto-Linked Dark Web Drug Scheme

A federal jury in Salt Lake City convicted Oluwole Adegboruwa and Enrique Isong, foreign nationals, of multiple drug-related charges. From 2016 to 2019, they generated over $8 million in cryptocurrency,…

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Ripio CEO: Brazilian Companies Are Paying Chinese Suppliers With Cryptocurrency

Sebastian Serrano, CEO of Ripio, one of the largest exchanges in Latam, stated that Brazilian companies were already harnessing cryptocurrency to pay their Chinese suppliers. In an interview, Serrano asserted…

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