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Malaysian Prime Minister Anwar Engages with Klickl Group on the Future of Web3 Finance and Compliance
Abu Dhabi-based Klickl Group is at the forefront of the evolving digital finance landscape, recently holding pivotal discussions with Malaysian Prime Minister Anwar Ibrahim. The conversations centered on the intersection of digital assets and Web3 finance, marking a significant stride for Malaysia in establishing a robust fintech regulatory framework. As a leader in open finance…
Continue ReadingBitcoin Nears $86K, Ripple Gets U.S. Futures Amid Trader Caution
Bitcoin (BTC) recently hovered near the $86,000 mark, while XRP saw a significant boost, climbing by 10% as the crypto market experienced a broader recovery in just a 24-hour span. This recovery was catalyzed by insights from the Federal Open Market Committee (FOMC) meeting held on Wednesday. The U.S. Federal Reserve opted to maintain interest…
Continue ReadingCoinbase becomes Ethereum’s largest node operator with 11% stake
Coinbase has solidified its position as the largest node operator on the Ethereum network, as revealed in its latest performance report. The platform currently oversees 11.42% of the total staked Ether (ETH), which amounts to a significant 3.84 million Ether, valued at approximately $6.8 billion. This data underscores Coinbase’s robust influence in the Ethereum staking…
Continue ReadingIs It Actually Time to Short Ripple (XRP)?
The XRP community rejoiced as Ripple’s CEO Brad Garlinghouse announced that the US SEC’s legal case against the company would be withdrawn, a significant relief after four long years of legal turmoil. This momentous news drove a surge in XRP’s price, but it raises an essential question for investors: Is it now time to consider…
Continue ReadingBTC Traders Seek Topside Option Plays After Powell’s Transitory Inflation Remark, ETH Still Lags in Sentiment
Bitcoin (BTC) investors have taken a bullish turn, reflected in their growing interest in topside options bets following the recent Federal Reserve meeting. Unlike previous weeks marked by bearish sentiment, the market now shows a positive outlook for BTC, signaling a renewed confidence among traders. Current data from Amberdata indicates that both short-term and long-term…
Continue Reading$77K likely the Bitcoin bottom as QT is ‘effectively dead’ — Analysts
Bitcoin appears to face significant hurdles in revisiting the $77,000 price threshold, as indicated by BitMEX co-founder Arthur Hayes following recent Federal Reserve announcements. On March 10, Bitcoin (BTC) approached $77,000 for the first time since November, according to CoinMarketCap data. However, Hayes suggested in a March 20 post that the Federal Reserve’s decision to…
Continue ReadingWhen Will the Crypto Market Escape Its Stagnation? (Analyst Weighs In)
The cryptocurrency landscape is currently in a state of flux, marked by stagnation and uncertainty. According to analyst Aylo, the market is struggling to establish a clear direction, with notable declines in asset prices and a scarcity of catalysts for upcoming bull runs. ### Stagnation and Weak Demand in the Crypto Market In a comprehensive…
Continue ReadingKraken nears $1.5B deal allowing it to offer US crypto futures: Report
Crypto exchange Kraken is set to make a significant move with a reported $1.5 billion acquisition of trading platform NinjaTrader. This deal, which The Wall Street Journal indicated could be confirmed as early as March 20, promises to extend Kraken’s services to include crypto futures and derivatives in the U.S. market. The acquisition aligns with…
Continue ReadingCrypto regulation must go through Congress for lasting change — Wiley Nickel
Former Congressman Wiley Nickel has made a compelling case for the necessity of formal congressional legislation to establish lasting and effective cryptocurrency regulations in the United States. In a recent interview with Cointelegraph, Nickel emphasized the importance of bipartisan efforts to develop comprehensive crypto policies that would endure beyond temporary executive actions. He noted, “If…
Continue Reading‘I am ashamed’ — Solana CEO breaks silence over controversial ad backlash
Solana Labs’ CEO, Anatoly Yakovenko, has recently faced a social media maelstrom following a controversial advertisement, dubbed “America Is Back — Time to Accelerate,” that sought to intertwine themes of American patriotism, technological advancement, and political discourse surrounding gender identity. On March 19, Yakovenko candidly acknowledged the backlash against the ad, stating, “The ad was…
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