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Nexo Re-Enters US Market: ‘America Is Back,’ Says Co-Founder Antoni Trenchev

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Nexo, the digital wealth platform with $11 billion in assets under management, has announced its re-entry into the U.S. market, unveiling its product suite at an exclusive business event. The announcement featured keynote addresses from Donald Trump Jr., Executive Vice President of The Trump Organization; Gila Gamliel, Israel’s Minister of Innovation, Science, and Technology; and […]

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A ‘local top’ and K retest? 5 things to know in Bitcoin this week

A ‘local top’ and $88K retest? 5 things to know in Bitcoin this week

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Bitcoin (BTC) is bracing for a major US macro data week as crypto market participants warn of serious volatility next. Bitcoin retests $92,000 after a promising weekly close, but traders still see a deeper BTC price correction to come. A bumper week of US macro data comes with the Federal Reserve under pressure on multiple

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XRP Surpasses Ethereum (ETH) on Top Japanese Exchange

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SBI VC Trade, the cryptocurrency exchange arm of Japanese financial giant SBI Holdings, has revealed that XRP was the second most-traded cryptocurrency last month. The XRP/JPY pair managed to surpass ETH/JPY (the two cryptocurrencies come in second and third places, respectively). Solana (SOL) and Dogecoin (DOGE) come in fourth and fifth places, respectively. Bitcoin, of

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SEC Clears ProShares XRP Futures ETFs to Launch on April 30

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ProShares will introduce three XRP-linked exchange-traded funds this week, following recent approval from the US Securities and Exchange Commission (SEC). The new products include an Ultra XRP ETF offering 2x leveraged exposure, a Short XRP ETF, and an Ultra Short XRP ETF with -2x leverage, according to regulatory filings. A 2x leveraged ETF aims to

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Peirce, Uyeda criticize crypto custody chaos at SEC roundtable

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SEC’s Peirce likens navigating unclear US crypto rules to “floor is lava.” Peirce flags uncertainty over asset classification and staking compliance. Commissioner Uyeda calls for broader crypto custody options (e.g., state trusts). Navigating the regulatory landscape for cryptocurrency in the United States feels akin to playing a high-stakes game of “the floor is lava,” according

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Nike Hit With Million Lawsuit Over Alleged NFT Securities Violations

Nike Hit With $5 Million Lawsuit Over Alleged NFT Securities Violations

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In brief Plaintiffs allege in the lawsuit that Nike’s marketing propped up unregistered securities tied to RTFKT NFTs. Investors claim they were blindsided when Nike pulled its support in December 2024. Lawsuit claims consumer protection violations and seeks damages for lost NFT values. The world’s largest sportswear brand, Nike, was sued on Friday with a

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DeFi Platform Loopscale Negotiates With .7M Exploit Hacker

DeFi Platform Loopscale Negotiates With $5.7M Exploit Hacker

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Loopscale has offered a hacker behind a $5.7 million USDC and 1,200 SOL exploit a deal: return 90% of the funds and keep 10% as a bounty, with full immunity from liability. Attack Impacts 12% of Funds on Loopscale Loopscale, the on-chain borrowing and lending platform, has offered the hacker behind the exploit of $5.7

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XRP Price Shows Strength — Breakout Above Key Levels Possible?

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Aayush Jindal, a luminary in the world of financial markets, whose expertise spans over 15 illustrious years in the realms of Forex and cryptocurrency trading. Renowned for his unparalleled proficiency in providing technical analysis, Aayush is a trusted advisor and senior market expert to investors worldwide, guiding them through the intricate landscapes of modern finance

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Trump-backed World Liberty Financial partners with Pakistan Crypto Council

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The Donald Trump-backed World Liberty Financial has signed a Letter of Intent with the Pakistan Crypto Council to accelerate crypto adoption in the South Asian country and one of the industry’s fastest-growing markets. Under the partnership, World Liberty will help the Council launch regulatory sandboxes to test blockchain-based products, expand stablecoin applications for remittances and

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Researcher proposes scaling Ethereum gas limit by 100x over 4 years

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The Ethereum mainnet’s gas limit could theoretically grow 100-fold and reach 2,000 transactions per second under a new Ethereum Improvement Proposal (EIP) put forward by Ethereum Foundation researcher Dankrad Feist. Feist, who had the blockchain’s “danksharding” data storage solution named after him, put forward EIP-9698 on April 27, which would introduce a “deterministic gas limit

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