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US Senators Elizabeth Warren (D-Mass.) and Bill Cassidy (R-La.) have come together to urge US authorities to take action against the use of cryptocurrencies in the illegal trade of child sexual abuse material (CSAM). In a bipartisan letter to Attorney General Merrick Garland and Secretary of Homeland Security Alejandro Mayorkas, the senators emphasized the role
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The Spot Bitcoin ETFs have recently experienced a decline in demand, leading to substantial outflows observed on April 26th. Notably, Grayscale’s Bitcoin Trust (GBTC) recorded a significant amount of outflows, with investors withdrawing $139.4 million from the fund. This trend has had a negative ripple effect on the broader crypto market, as Bitcoin’s price has
The recent launch of SPACEX, a new token from a dedicated Elon Musk enthusiast and developer, has sparked excitement among meme coin enthusiasts. With the price of SPACEX skyrocketing to $138, representing a 24-hour change of +78,940%, many investors are eyeing the potential for massive gains. However, behind the hype lies a story of caution
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The director of capital markets at Chainlink Labs recently made a bold statement, claiming that the traditional finance sector is not the most ideal use case for tokenization. Instead, he argues that the real value lies in the tokenization of real-world assets (RWA). The potential market size for tokenized RWAs is estimated to be in
Bitcoin’s price has been struggling to recover above the $65,500 resistance level, indicating a potential downturn in the market. Despite an initial attempt to climb above this critical point, Bitcoin failed to sustain the momentum, leading to another decline in its price. As a result, there is a significant risk of further downsides below the
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