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🪙 Tether Criticizes UN Report for Ignoring USDT’s Role in Helping Developing Economies
Tether, the issuer of the stablecoin USDT, has blasted the findings of a United Nations Office on Drugs and Crime study which ignore the stablecoin’s “role in helping developing economies in emerging markets.” According to Tether, the stablecoin’s use of public blockchains means every transaction is trackable, making it “an impractical choice for illicit activities.”
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🔹 @Crypto_Ethereum_Bitcoin 🔹
💰 Coinbase Prime hot wallet leads weekly Bitcoin trading with $11.4 billion volume
Coinbase Prime, the crypto platform explicitly designed for institutional investors, trusts, and high-net-worth individuals, has seen a dramatic increase in trading activity following the U.S. spot Bitcoin ETFs launch.
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🔹 @Crypto_Ethereum_Bitcoin 🔹
🇰🇷 South Korea's Crypto Volumes Peak in 2024 as Upbit and Bithumb Dominate Local Market
In the last 100 days, South Korea’s crypto trading activity has experienced a significant upswing. The country’s leading crypto exchanges, Upbit and Bithumb, recorded their highest trading volumes in the initial week of January 2024.
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🔹 @Crypto_Ethereum_Bitcoin 🔹
💰 Reported ‘transfer’ of $15B XRP was part of a failed exploit attempt
According to Bitfinex chief technology officer Paolo Ardoino, an attacker attempted to make use of XRP’s partial payments feature to exploit his crypto exchange but failed.
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🔹 @Crypto_Ethereum_Bitcoin 🔹
💰 Blackrock’s Spot Bitcoin ETF Now Holds 11,439 BTC
Blackrock’s spot bitcoin exchange-traded fund (ETF) has acquired 11,439 bitcoin, with a market value of nearly $500 million, within two days of trading on the Nasdaq stock exchange.
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🔹 @Crypto_Ethereum_Bitcoin 🔹
🇺🇸 Terra’s Do Kwon Says US Extradition Possible by Mid-March
Terraform Labs co-founder Do Kwon could be extradited to the US by mid-March to face charges that he orchestrated a $40 billion cryptocurrency fraud scheme, his lawyer said
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🔹 @Crypto_Ethereum_Bitcoin 🔹
💰 Robinhood announces all 11 spot bitcoin ETFs available for trading
Robinhood started offering the new class of spot Bitcoin ETFs that were approved by the SEC on January 10. These 11 ETFs became tradable to all customers in the United States this morning in both retirement and brokerage accounts though Robinhood Financial.
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🔹 @Crypto_Ethereum_Bitcoin 🔹
💰 Gary Gensler reports SEC X account ‘compromised’ — No spot Bitcoin ETF approval yet
Gensler’s post came 15 minutes after the SEC’s X account falsely reported that spot Bitcoin ETFs were approved.
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🔹 @Crypto_Ethereum_Bitcoin 🔹
💰 VanEck seeds potential spot bitcoin ETF with $72.5 million, while Bitwise lines up $200 million of interest -Link
🔹 @Crypto_Ethereum_Bitcoin 🔹
💰 Bitcoin ETF Countdown: Applicants File Amended S-1 Forms in Last Approval Hurdle! -Link
🔹 @Crypto_Ethereum_Bitcoin 🔹
💰 VanEck Strategist Gurbacs Foresees Bitcoin ETFs as Cure for Unit Bias Dilemma! -Link
🔹 @Crypto_Ethereum_Bitcoin 🔹
💰 VanEck's Groundbreaking Commitment - 5% of Bitcoin ETF Profits for Core Developers! -Link
🔹 @Crypto_Ethereum_Bitcoin 🔹
💰 Crypto lender Celsius to unstake $470M in Ether ahead of repayments -Link
🔹 @Crypto_Ethereum_Bitcoin 🔹
🟠 Binance launches AltLayer on Launchpool, expands crypto investment options
Binance has recently introduced AltLayer (ALT) as the 45th project on its Binance Launchpool platform. AltLayer is focused on developing native and restaked rollups, incorporating both Optimistic and ZK Rollup Stacks, representing a significant innovation in the cryptocurrency sector.
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🔹 @Crypto_Ethereum_Bitcoin 🔹
💰 Bitcoin Hits Peak Interest on Google Trends Following SEC's ETF Approvals
In the week spanning Jan. 7th to the 13th, 2024, Google Trends revealed a peak interest score of 100 for the search term bitcoin. A closer examination of Google Trends over the past three months highlights that this interest surged to its apex on Jan. 11. This was the day after the U.S. Securities and Exchange Commission (SEC) sanctioned 11 spot bitcoin exchange-traded funds (ETFs).
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🔹 @Crypto_Ethereum_Bitcoin 🔹
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💰 Top Analyst Predicts Bitcoin To Hit $300K Amid Pre-Halving Surge
Bitcoin nabs substantial attention among crypto market traders globally as a top analyst foresees BTC to $300K as halving nears.
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🔹 @Crypto_Ethereum_Bitcoin 🔹
🥇 Bitcoin Hashrate Hits New All-Time High Amid Spot ETF Frenzy
Bitcoin’s hash rate, that is the network’s computing power, recently reached a new all-time high amidst the frenzy that came with the debut of spot Bitcoin ETFs in the US. According to data from IntoTheBlock, the Bitcoin hashrate reached an all-time high of 630.91 million TH/s or 630 EH/s on January 11, less than 24 hours after the U.S. Securities and Exchange Commission approved 11 Spot Bitcoin ETFs in the country.
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🔹 @Crypto_Ethereum_Bitcoin 🔹
🇺🇸 SEC Statement on the Hack of Its X Account and the Resulting Fake Bitcoin ETF Approval Announcement
The U.S. Securities and Exchange Commission released this statement in response to the hack of its X account that led to a fake announcement being issued in the SEC's name saying the regulator had a approved a spot bitcoin exchange-traded fund.
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🔹 @Crypto_Ethereum_Bitcoin 🔹
🇺🇸 SEC Chair Gary Gensler says Bitcoin 💰 is a "highly speculative, volatile asset" used for "money laundering and ransomware" 😱
🔹 @Crypto_Ethereum_Bitcoin 🔹
💥 Ethereum and Altcoins Are the Biggest Winners of Bitcoin ETF Approval⚡️🔥
The crypto community is now focusing on the approval of the spot Ethereum ETF likely to happen by May this year.
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🏦 Coinbase May Be Biggest Winner if SEC Approves Spot Bitcoin ETF
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🥇 Honduran City of Prospera Adopts Bitcoin as Unit of Account -Link
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🇺🇸 SEC's Wake-Up Call: Fear of Missing Out Warning Echoes Ahead of Bitcoin ETF Decision -Link
🔹 @Crypto_Ethereum_Bitcoin 🔹
💰 BlackRock Commits $2 Billion for Launching Historic Spot Bitcoin ETF, Insider Sources Confirm! -Link
🔹 @Crypto_Ethereum_Bitcoin 🔹
💰 Better Markets CEO Urges SEC Caution on Bitcoin ETF, Citing Fraud Risks -Link
🔹 @Crypto_Ethereum_Bitcoin 🔹
💰 SEC Sees Surge in Spot Bitcoin ETF Securities Registrations as Approval Deadline Approaches -Link
🔹 @Crypto_Ethereum_Bitcoin 🔹