Senator Elizabeth Warren recently sparked significant backlash from the crypto community after making disparaging remarks about the industry. Her claims were based on a report from the U.S. Government Accountability Office (GAO), which raised concerns about the misuse of cryptocurrencies by rogue nations to evade sanctions and pose threats to national security. However, critics argue
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Bitcoin exchange-traded funds (ETFs) have been making waves in the financial world since their recent approval. Within just six days of trading, these ETFs have accumulated an impressive number of bitcoins (BTC). As volumes increase and assets under management (AUM) soar to $3.96 billion, it is clear that investors are flocking to these new investment
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Over the past year, the digital asset economy has experienced a decline due to various factors such as increasing interest rates, regulatory actions, financial insolvencies, and instances of fraud. Even the world’s second-largest stablecoin, USDC, was not immune to these forces. Its total circulating supply has plummeted from approximately $45 billion to around $25 billion
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The U.S. Securities and Exchange Commission (SEC) has recently opened comments on proposals relating to options trading on Bitcoin exchange-traded funds (ETFs). These proposals, if approved, would allow Nasdaq and Cboe Exchange Inc. to list and trade options on various Bitcoin ETPs. This move could introduce new investment strategies and provide investors with the opportunity
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The industrial metaverse is rapidly growing, with sales reaching an impressive US$ 61.8 billion in 2022. Its potential for transformation is undeniable, as forecasters predict a compound annual growth rate (CAGR) of 25.3% from 2023 to 2033, leading to a market worth of US$ 765.8 billion. This article explores the significant impact of the industrial
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