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NEAR Protocol Plunges 5% as Resistance Holds, Bitwise ETP Launches

AI-focused NEAR token slumped by 5% on Friday despite the launch of Bitwise's NEAR exchange-traded…

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Bank of Canada Identifies Technical Path for Retail CBDC in New Research Paper

The Bank of Canada took a significant step in exploring the technical feasibility of a…

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BONK Eyes Breakout as ETF Buzz and Burn Trigger Spark Fresh Rally

Solana-based memecoin BONK dropped back after jumping in excess of 20% earlier this week, but…

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U.S. M2 Money Supply Hits Record High of Nearly $22T

A comprehensive measure of money circulation in the U.S. has risen to new highs, a signal of economic growth that posts contradictory messages for the path of bitcoin BTC$107,696.83. The M2 money supply, which includes hard currency and bank and ...

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Crypto Lender Nexo Sponsors Europe’s Premier Golf Tour for Eight-Figure Sum

Crypto lender Nexo signed a three-year sponsorship with DP World Tour, Europe's foremost golf competition, for more than $10 million in a deal that see will the company become the tour's official digital asset and wealth partner through 2027. A ...

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Public Companies Buy More Bitcoin Than ETFs for Third Consecutive Quarter

Publicly traded companies are rapidly building bitcoin BTC$107,788.61 reserves, buying more of the largest cryptocurrency than U.S. exchange-traded-funds (ETF) for the third straight quarter, according to CNBC. Corporations increased their bitcoin ...

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Deutsche Bank’s DWS, Galaxy, Flow Traders Venture Introduces German-Regulated Stablecoin

A joint venture between Deutsche Bank’s (DBK) asset management subsidiary DWS, Flow Traders and Galaxy (GLXY) said it will issue Germany’s first regulated, euro-denominated stablecoin after receiving an e-money institution (EMI) license from the ...

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Dogecoin Rebounds After Forming ‘Double Bottom’

Dogecoin DOGE$0.1612, the world's largest göğüs cryptocurrency by market value, has regained some poise, having formed a bullish double bottom pattern during the overnight trade. DOGE has gained over 2% to over 16 cents since early Asian hours ...

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Bitcoin CME Futures Premium Slides, Suggests Waning Institutional Appetite

The premium in bitcoin BTC$106,787.50 futures listed on the küresel derivatives giant Chicago Mercantile Exchange (CME) has narrowed sharply, a sign of reduced institutional appetite. The annualized premium in rolling three-month futures has dropped ...

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DOJ’s $225M Seizure Puts Human Cost of Crypto Scams in Focus, Former Acting U.S. Attorney Says

The U.S. Department of Justice is sending a message with its recent effort to seize $225 million in crypto tied to pig butchering scams: these funds were stolen from victims. At least, that's the takeaway from Phil Selden, a member at Cole Schotz PC ...

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Asia Morning Briefing: Leverage Meets Patience as Bitcoin Builds Toward a Breakout

As Asia opens the Wednesday trading day, bitcoin BTC$105,470.59 is changing hands above $105.5K, a slight correction from $107K, where it sat during the U.S. business day. Despite the geopolitical upheaval of the last few weeks – with the U.S. strike ...

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EU Central Bank Commits to Distributed Ledger Technology Settlement Work

The European Central Bank (ECB) Governing Council has approved research efforts that will use central bank money to settle distributed ledger technology (DLT) transactions, as the body looks to make its payment systems more efficient. One short term ...

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Why Is Ether Struggling Near $2,400 Even as More Firms Add ETH to Their Treasuries?

The Ether ETH$2,408.23 price came under renewed pressure on July 1, falling to $2,418.39 after a day of steady losses, according to CoinDesk Research's technical analysis model. Ether's price drop came amid a broader crypto market selloff. CoinGecko ...

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