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Lido and Rocket Pool Reach New Milestones in Liquid Staking with 9 Million and 1 Million Ether Deposits

Introduction Recent data reveals that Lido, the leading liquid staking protocol (LSP), now holds over 9 million ethereum within its system. This figure represents a significant 77.81% of the total ethereum value locked in current LSPs, underscoring Lido's dominant position in the market. Lido's Dominance in the Liquid Staking Market The industry of liquid staking, […]

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Crypto Economy Surges Nearly 2% on Saturday, Reaches $1.48 Trillion Valuation

On Saturday, December 2, 2023, the cryptocurrency market displayed a positive trajectory, advancing by 1.91% to reach a total value of $1.48 trillion. This surge in the crypto economy signifies significant growth and potential in the digital currency space. Cryptocurrency Market Experiences a Surge The overall cryptocurrency market experienced a surge this Saturday, with an

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Skybridge Capital Founder Predicts Wall Street Influx into Spot Bitcoin ETFs

Skybridge Capital Founder's Outlook on Spot Bitcoin ETFs Anthony Scaramucci, the founder of asset management firm Skybridge Capital, recently shared his predictions on the impact of spot bitcoin exchange-traded funds (ETFs) in an interview on The Scoop, The Block's podcast. Scaramucci anticipates a significant influx of capital from Wall Street into bitcoin once spot bitcoin

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Bitcoin Price Analysis: Oscillators and Moving Averages Signal Bullish Trend

An Overview of Bitcoin's Market Position The price of bitcoin is currently hovering just above the $38K range after a bullish trading day on Tuesday following U.S. Federal Reserve Governor Chris Waller's dovish speech. With a 24-hour range between $37,156 to $38,450 and a market capitalization of around $745 billion, bitcoin is showing signs of

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Robert Kiyosaki Recommends Bitcoin ETFs as Global Economy Slows Down

Introduction Robert Kiyosaki, the author of the best-selling book "Rich Dad Poor Dad," has recently suggested that investors consider buying bitcoin exchange-traded funds (ETFs). With concerns about the global economy slowing down and the potential for a depression, Kiyosaki advises investors to take action and not be caught off guard like most Americans. Robert Kiyosaki

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Former Binance CEO CZ Barred from Leaving the U.S. While Awaiting Sentencing

A federal judge has issued an order restricting former Binance CEO Changpeng Zhao (CZ) from leaving the U.S. until the court determines whether to approve the government's motion to force him to stay in the country until sentencing. The government filed the motion in response to a release order issued by a magistrate judge, which

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Former NYSE President Expects Money to Flood into Crypto Industry with Bitcoin ETF Approval

Optimism Surrounding Bitcoin ETF Approval Former New York Stock Exchange (NYSE) President Tom Farley believes that the approval of spot bitcoin exchange-traded funds (ETFs) by the U.S. Securities and Exchange Commission (SEC) will lead to an influx of money into the crypto industry. In a recent interview with CNBC, Farley expressed his optimism about bitcoin

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