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iTuber Crypto News

7 Dec, 14:13

Societe Generale FORGE, a subsidiary of the 159-year-old French banking group Societe Generale, is launching EUR CoinVertible (EURCV) a stablecoin tied to the Euro issued on the Ethereum blockchain, according to a new post by crypto exchange Bitstamp.

Read more: https://tinyurl.com/bdhmk8tr

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iTuber Crypto News

7 Dec, 12:33

Solana’s daily active wallets currently hover at around 400,000, slightly edging past Ethereum’s. This spike in activity suggests that Solana is attracting a growing user base, and more people are keen to explore its ecosystems, comprising DeFi, NFTs, and other protocols.

Solana also eclipses Ethereum in the number of daily transactions. Although Ethereum leads in DeFi total value locked (TVL), Solana’s low fee and scalable environment could explain why users opt for this high-performance network.

Read more: https://tinyurl.com/22cr2ryy

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iTuber Crypto News

7 Dec, 11:23

A mysterious Bitcoin wallet has surfaced, amassing a staggering 12,071 BTC, equivalent to approximately $531 million as of the latest valuation.

The wallet’s activity, closely monitored by Arkham Intelligence, reveals an unprecedented accumulation of assets over a mere 30-day period.

Read more: https://tinyurl.com/2b9ckxfw

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iTuber Crypto News

7 Dec, 10:16

Earlier today, during a Senate Banking Committee hearing, Jamie Dimon CEO JPMorgan Chase expressed strong opposition to cryptocurrencies, suggesting the government should consider shutting down the entire industry.

He raised concerns about crypto’s ability to bypass government controls and its potential appeal to bad actors.

“I’ve always been deeply opposed to crypto, bitcoin, etc … If I was the government, I’d close it down.“

iTuber Crypto News

7 Dec, 09:09

Binance pleaded guilty and dismissed the Justice Department's investigation into violations related to the Bank Secrecy Act (BSA), failure to register as a money transmitter, and violations of the International Emergency Economic Powers Act (IEEPA). agreed to pay over $4 billion to resolve the issue.

Read more: https://tinyurl.com/3f5j689n

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iTuber Crypto News

6 Dec, 14:24

Cardano (ADA) has witnessed a surge in profitable addresses, hitting heights unseen in 2021 amid a robust rally.

Coinglass data reveals a notable upswing, with the percentage of profitable Cardano addresses reaching a two-year high at 39.5%, encompassing approximately 1.76 million addresses.

Read more: https://tinyurl.com/yyakzmcn

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iTuber Crypto News

6 Dec, 12:43

Crypto exchange Coinbase announced today that users can now send and receive USD Coin (USDC) via links shared on social media sites like Facebook, TikTok, and Snapchat, as well as messaging apps like WhatsApp, iMessage, and Telegram.

Read more: https://tinyurl.com/ynx9jmt4

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iTuber Crypto News

6 Dec, 11:26

The Security and Exchange Commission today said that it will need more than 45 days to evaluate a rule change that would allow Grayscale to convert its Ethereum trust into an Ethereum spot ETF. The new deadline is January 25, 2024.

Read more: https://tinyurl.com/4sunby69

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iTuber Crypto News

6 Dec, 10:13

Rumours are swirling in the cryptosphere that Qatar’s sovereign wealth fund is gearing up to invest half a trillion dollars in bitcoin (BTC).

The investment move is likely motivated by the potential for massive profits and the growing acceptance of Bitcoin as a mainstream asset class.

Read more: https://tinyurl.com/44b5vy4f

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iTuber Crypto News

6 Dec, 09:09

Bitcoin price extended its rally above the $43,200 resistance. BTC is now consolidating gains and might rally further toward the $45,000 zone.

Read more: https://tinyurl.com/un65m5wv

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iTuber Crypto News

5 Dec, 13:29

Coinbase Global Inc (NASDAQ: COIN) and MicroStrategy Inc (NASDAQ: MSTR) emerging as key beneficiaries in this unique correlation.

In the past 24 hours, both COIN and MSTR stocks experienced a remarkable 9% surge in value, mirroring the 4% rise in Bitcoin’s price during the same period.

Read more: https://tinyurl.com/mr4d2mb5

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iTuber Crypto News

5 Dec, 12:39

A bitcoin address that began accumulating on the 2nd of November 2022, just as FTX was going under, has grown to 38,734 BTC, worth more than $1.6 billion.

It has been adding chunks of 100 bitcoin for weeks, up $100 million worth since just last week, with it accelerating today.
As can be seen below, 1,200 bitcoin has been added just today, worth $50 million.

Read more: https://tinyurl.com/5n7m76f8

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iTuber Crypto News

5 Dec, 11:23

Blur’s NFT marketplace now holds almost 80% of non-fungible token trading volume as activity in the sector spikes.

OpenSea’s NFT market share has declined to a low of almost 17% of total trading volume, according to data from The Block.

Read more: https://tinyurl.com/458jsh82

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iTuber Crypto News

5 Dec, 10:13

According to Salvadoran President Nayib Bukele, El Salvador’s Bitcoin accumulated invested has increased by nearly 3%.

The president noted that the invention of the investment has been to hold, not to sell:

“Of course, we have no intention of selling; that has never been our objective… We are fully aware that the price will continue to fluctuate in the future; this doesn’t affect our long-term strategy.”

iTuber Crypto News

5 Dec, 09:07

According to breaking information, BlackRock has submitted an updated version of the Bitcoin Spot ETF S-1 filing to the SEC.

Bloomberg analysts had reported that negotiations between the SEC and BlackRock and other Bitcoin Spot ETF applicants were continuing.

Read more: https://tinyurl.com/5n7dpjht

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iTuber Crypto News

4 Dec, 14:31

A recent CoinGecko study reveals a staggering 75.5% failure rate among 2,817 web3 games launched from 2018 to 2023.

The average annual failure rate of 80.8% underscores the significant challenges faced by these blockchain-based games.

CoinGecko's analysis sheds light on GameFi, urging strategies for sustainable growth in the gaming landscape.

Read more: https://tinyurl.com/yc5d5zfd

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iTuber Crypto News

4 Dec, 12:43

The Chairman of MicroStrategy, also Bitcoin investor Michael Saylor, has made over $1.5 billion in profit from his Bitcoin investments.

He invested about $5.33 billion to buy 174,530 BTC since September 2020, with an average cost of $30,512.81 per Bitcoin. With the recent surge in Bitcoin’s price to $39,411, his investment is now valued at nearly $7 billion.

Read more: https://tinyurl.com/bdeb8kbf

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iTuber Crypto News

4 Dec, 11:39

FTX and Alameda Research transferred $22 million worth of various cryptocurrencies yesterday 2nd of December, as reported by Lookonchain.

This transfer includes a mix of digital assets like $9.2 million in IMX, $5.29 million in GMT, $3.4 Million in ETH, and others. Many believe they are preparing to sell these tokens.

Read more: https://tinyurl.com/ypt42s7j

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iTuber Crypto News

4 Dec, 10:23

The report provided some insightful statistics on Cardano’s recent network activity:

- 150 projects launched, with 1,304 ongoing projects showcasing a vibrant development scene.
- 9.1 million native tokens created and the establishment of 81,447 token policies demonstrate the customizable and diverse use of Cardano’s asset creation capabilities.
- 79.2 million transactions were processed, reflecting an increase in reliability and adoption.

Read more: https://tinyurl.com/48rzd25a

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iTuber Crypto News

4 Dec, 09:09

The price of Bitcoin has been that high since April 2022, right before the broader cryptocurrency market plunged. Bitcoin's near 20-month peak represents a 15% climb over the past 30 days, with the price of the coin more than doubling since this time last year.

Read more: https://tinyurl.com/385k48b6

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