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  • Josh Fraser, Co-Founder of Origin Protocol, on Liquid Staking, Getting Better Yields in Crypto, and The Future of DeFi | Ep. 339

    June 3, 2024
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    Cryptocurrency News

    In an exclusive interview with Cryptonews Podcast, Josh Fraser, co-founder of Origin Protocol, an Ethereum-powered platform that develops Web3 technologies, discussed liquid staking and earning better yields “everywhere.” He talked about Origin Protocol going multi-chain to Arbitrum, Base, and Optimism, as well as creating a Liquid Staking Token (LST) that…

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  • Hong Kong Legislator Raises Concern Over Crypto Licensing System as Major Exchanges Withdraw Applicati

    June 3, 2024
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    Cryptocurrency News

    Hong Kong Legislative Council member Wu Shuo has voiced criticism against Hong Kong’s cryptocurrency licensing system, citing its impact on market confidence. In an article published recently, Wu highlighted concerns surrounding the licensing requirements imposed by the Hong Kong Securities and Futures Commission (SFC), which have led several major exchanges…

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  • Veteran Analyst Peter Brandt Predicts Bitcoin Price to Reach $150K by September 2025

    June 3, 2024
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    Cryptocurrency News

    Veteran trader Peter Brandt predicts Bitcoin’s next bull market peak could reach $150,000 by late August or early September 2025. According to an analysis published on the Brandt’s website, the Bitcoin halving events, where the mining rewards are halved from the previous cycle, have shown a remarkable pattern of almost…

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  • Bitcoin Price Prediction: $150K Forecast and ETF Market Trends; BTC to Hit $70,000?

    June 3, 2024
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    Cryptocurrency News

    Bitcoin Price Prediction On Monday, the price of Bitcoin increased by 1%, opening at $68,473 and reaching an intra-day high of $68,733.Despite ongoing volatility, traders and investors remain speculative about future movements, closely watching the global crypto market cap, which increased by 0.42% to $2.55 trillion. The total crypto market…

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  • Robinhood Implements Buying Restrictions on GameStop As Roaring Kitty Discloses $175M Bet

    June 3, 2024
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    Cryptocurrency News

    Robinhood limited purchases of GameStop shares late Sunday following a surge in the meme stock’s value. It came after speculation arose that Keith Gill, the figure behind the notable short squeeze in 2021, could hold a substantial position in the video game retailer. The brokerage said Blue Ocean ATS, the…

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  • Over $3 Billion Worth of ETH Withdrawn from CEXes Since Approval of US Ether ETFs

    June 3, 2024
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    Cryptocurrency News

    Since the approval of spot Ether exchange-traded funds (ETFs) in the United States on May 23, over $3 billion worth of Ether has been withdrawn from centralized crypto exchanges (CEXes), indicating a potential upcoming supply squeeze. Data from CryptoQuant reveals that between May 23 and June 2, the amount of…

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  • Matter Labs Withdraws ‘ZK’ Trademark Application After Industry Backlash

    June 3, 2024
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    Cryptocurrency News

    Matter Labs, the developer of the ZkSync Ethereum Layer 2 network, has dropped its attempt to trademark the term “ZK” following backlash. According to a statement posted on social media by Matter Labs, the decision to withdraw applications came after extensive discussions with key figures in the zero-knowledge proof field.…

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  • El Salvador’s President Nayib Bukele Sworn in for Second Term

    June 3, 2024
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    Cryptocurrency News

    El Salvador’s crypto-friendly President Nayib Bukele, 42, is set to govern for another five years taking near-total control of parliament. President Bukele took the oath of office at the National Palace in San Salvador this weekend. During the ceremony, he received the presidential blue and white sash from Ernesto Castro,…

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  • Rwanda to Roll Out CBDC By 2026 After Consultations, Testing

    June 3, 2024
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    Cryptocurrency News

    East African nation Rwanda aims to create its own retail central bank digital currency (CBDC) to assert its significance in the global economy’s future landscape by 2026. According to the National Bank of Rwanda, the CBDC would be a secure and convenient alternative to cash, potentially bringing more people into…

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  • FTX Estate Sells Off Remaining Anthropic Holdings Amid Bankruptcy Proceedings

    June 2, 2024
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    Cryptocurrency News

    The FTX estate, led by CEO John Ray III, has divested its remaining shares in Anthropic, the AI startup known for its chatbot Claude, as revealed in the firm’s recent bankruptcy filings. According to the filings, FTX sold the remaining 15 million shares for approximately $30 each, resulting in proceeds…

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