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ETH and SOL Simultaneously Reach 19-Month Highs

While Bitcoin (BTC) shows signs of consolidation, layer-1 networks Ethereum (ETH) and Solana (SOL) are leading the upward momentum, both reaching new highs not seen since May 2022. ETH and SOL Simultaneously Reach 19-Month Highs Ethereum's Growth Boosts Layer-2 Optimism and Arbitrum In the past 24 hours, Ethereum

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Starknet to Distribute 1.8 Billion STRK Tokens for Airdrop and Transaction Fee Reduction

On the evening of December 8th, 2023, Starknet Foundation, the organization behind the Ethereum layer-2 solution Starknet, officially announced plans to allocate 1.8 billion STRK tokens as rewards for an airdrop to its user community and for reducing transaction fees on the network. The token allocation process will be

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BitTorrent (BTT) Doubles in Price Following TRON's Milestone of 200 Million Users

Ahead of its parent company's milestone, BitTorrent's BTT token is nearing a market cap of $1 billion. BitTorrent (BTT) Doubles in Price Following TRON's Milestone of 200 Million Users. Image: Coinkolik BitTorrent's BTT token, the file-sharing platform acquired by TRON in 2018,

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SEC Delays Grayscale's Ethereum Spot ETF Proposal

The U.S. Securities and Exchange Commission (SEC) has postponed its decision on Grayscale's Ethereum spot ETF proposal to 2024. SEC delays Grayscale's Ethereum spot ETF proposal. Photo: CryptoSlate The U.S. Securities and Exchange Commission (SEC) has announced a 45-day extension to review Grayscale'

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Bitcoin Surpasses $44,000, Up 48% Since Late October

The world's largest cryptocurrency, Bitcoin (BTC), continues its impressive streak with its first climb above $44,000 since April 2022. Market movements of top cryptocurrencies on 06:10 AM, December 6, 2023. Photo: Coin360 In the early hours of December 6, 2023, Bitcoin recorded new upward movements, surging

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[Update] Whale Transfers Nearly $90 Million Worth of Ethereum to Kraken

After a prolonged period of dormancy, a whale has deposited nearly $90 million worth of Ethereum onto Kraken. A whale unexpectedly transfers nearly $90 million worth of Ethereum to Kraken. Photo: TheNewsCrypto A major Ethereum (ETH) holder surprised the market by transferring approximately $90 million worth of this token to

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[Update] Ordinals (ORDI) Surges to New Yearly High

In just 1 month, Ordinals' token ORDI has surged over 720%. Ordinals (ORDI) continues its strong upward momentum, setting a new high for the year. Photo: Unchained Crypto ORDI, one of the BRC-20 tokens launched on the Bitcoin network through the Ordinals protocol, has surged over 35% in the

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[Update] Binance Announces Compensation for Users Affected by AEUR Price Overpeg

The stablecoin AEUR, pegged to the Euro newly launched by Binance, swiftly halted trading after surging threefold above its intended market capitalization. Later that day, the exchange announced a compensation framework for affected users. Stablecoin AEUR suspended by Binance due to surging to $3.25. Photo: Binance Update as of

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Nearly $180 Million Short Positions Liquidated as BTC Surpasses $44k Mark

Bitcoin's breach of the $44,000 mark has led to the liquidation of approximately $178 million in short positions across centralized cryptocurrency exchanges (CEX) in the past 24 hours. Close to $200 Million Short Positions Liquidated as BTC Surpasses $44k Bitcoin's surge past the $44,000

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Capital Inflows into Crypto Increase for the 10th Consecutive Week

Last week, cryptocurrency products and funds attracted an additional $176 million in investments, marking the 10th consecutive week of capital inflows into the crypto market. Capital inflows into crypto increase for the 10th consecutive week According to the latest statistics from CoinShares, the total influx of money into crypto investment

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Bitcoin Returns to $40,000 for the First Time in 19 Months

Early morning on December 4th, both Bitcoin and Ethereum experienced growth volatility, pushing both to new highs for 2023. Cryptocurrency price movements at 07:15 AM on December 4th, 2023. Source: Coin360 Recent days have seen upheaval in the crypto community following the resignation of former Binance CEO Changpeng Zhao

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Arbitrum Launches On-chain Vote for STIP Program Reward Increase

Arbitrum DAO has agreed to allocate an additional $23.54 million to 26 projects participating in the STIP program. Arbitrum DAO decides to add 21.4 million ARB to the STIP program. Image: Newton Two-thirds of Arbitrum DAO members have passed a Temperature Check phase to increase the reward cap