XRP (XRP) price forecasts are becoming more bullish in wake of an announcement by crypto asset manager Grayscale that they will be launching an XRP Trust investment product that could eventually be converted into an XRP ETF.
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Category: Cryptocurrencies
CFTC Launches Partnerships Tackling Pig Butchering Scams
To combat the rise in pig butchering scams, the CFTC has announced new partnerships aimed at educating consumers on these fraud schemes. Learn how these efforts, supported by key financial organizations, seek to protect potential victims from exploitation and guide them on staying safe from scammers.
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Hong Kong Securities Regulator Explores New Licensing for Crypto OTC Services
Hong Kong is considering having its securities regulator oversee over-the-counter crypto trading services, in collaboration with the Customs and Excise Department.
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CleanSpark to Acquire Seven Bitcoin Mining Facilities in Tennessee for $27.5M
Bitcoin mining firm CleanSpark Inc. said it has agreed to acquire seven Bitcoin mining facilities and land in the Knoxville, Tennessee area for $27.5 million.
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Bitcoin (BTC) Consolidating Near $58,500; Fed Rate Cut Hopes and UK Crypto Bill in Focus
Bitcoin (BTC) consolidates near $58,500 as investors anticipate a possible Fed rate cut and regulatory clarity from the UK’s new crypto bill.
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Adam Neumann-Backed Flowcarbon’s Crypto Token Never Launched, Company Repays Investors
Flowcarbon seems to have failed in the token launch, citing “market conditions and resistance from carbon registries.”
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US Spot Bitcoin ETFs Witness $44M Outflows, Breaking Two-Day Positive Flow Trend
The U.S. spot Bitcoin exchange-traded funds (ETFs) saw net outflows totaling $43.97 million on Wednesday, halting a two-day streak of positive inflows.
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WazirX Hacker Transfers Nearly $23M in Crypto to Tornado Cash So Far
The WazirX hacker has transferred nearly $23m in crypto to mixing tool Tornado Cash following the $234m July breach.
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Singapore’s Stablecoin Payments Reached $1B in Q2: Report
Stablecoin usage in Singapore was significantly lower, with only $161 million worth of transactions in 2023.
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Bitcoin Sees 33.6% Drop in Whale Transactions Since March Peak
Bitcoin whale activity has significantly decreased since the cryptocurrency reached its yearly high in March, according to recent data.
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