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TeraWulf announces plans to scale Bitcoin mining, AI operations
Bitcoin (BTC) miner TeraWulf announced it has fully satisfied its debt obligations and plans to scale up its operations. Read more
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Australia to Get Second Spot Bitcoin ETF on ASX
Perth-based crypto fund manager DigitalX said Monday it has received regulatory approval to begin listing its spot Bitcoin exchange-traded fund on the country’s largest stock exchange as early as this week. Read more
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Bitcoin’s (BTC) Price Slips Below $60,000 – Time for Altcoin Season
Bitcoin’s price is hovering around $58,000 at the time of writing after losing the psychological support level of $60,000 this week. This resulted in Bitcoin’s dominance (BTC.D) also falling considerably. Read more
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Russia contemplating permanently legalizing stablecoins for cross-border payments
The Russian government is contemplating the official legalization of stablecoins for international transactions to simplify cross-border payments for Russian companies amid ongoing sanctions, Izvestia reported on July 3, citing the Russian central bank. Read more
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Bitwise Updates Ethereum ETF Filing as US Listings Near
Asset manager Bitwise submitted an updated registration statement for its proposed spot Ethereum ETF with regulators on Wednesday, disclosing its plans to waive fees. While largely procedural, this latest revision is seen by market observers as a sign that the launch of Ethereum ETFs is imminent. Read more
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Bitcoin’s Future Looks Uncertain as Bearishness Spreads
Bitcoin’s future looks uncertain and has been in a downtrend since the beginning of June, unable to gain upward momentum despite positive ETF inflows. Read more
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Tether’s USDT Now Accepted for Social Security Payments in the Philippines
Tether has introduced a new payment option for the Philippines people, allowing them to pay their social security system (SSS) contributions using its stablecoin, USDT. Read more
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$697 Million Crypto Investment in June 2024: BitStamp, Hut 8 Mining, and More
RootData shows 92 publicly disclosed crypto venture capital investments, a 40% drop from May’s 153. Total fundraising hit $697 million, down 30% from last month’s $990 million. Read more
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Institutions Have Bought Over $30 Million in Chainlink Amid Rising Adoption
This significant investment highlights the increasing adoption and trust in Chainlink’s technology across various financial sectors. Read more
