Argentines are using secret peer-to-peer crypto exchanges to buy U.S. dollar stablecoins as inflation continues to soar. Argentines are using black market exchanges, known locally as “crypto caves,” to buy U.S. dollar stablecoins in a bid to escape strict currency controls and triple-digit inflation of the Argentine peso (ARS), and are reportedly shunning Bitcoin due…
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Key Points: Bitcoin halving, approaching with less than 10,000 blocks left, may impact prices. Scarcity increases as over 19 million of the 21 million Bitcoins have been mined. Attention shifts to halving’s historical price impact amid the limited influence of Bitcoin ETFs. As Bitcoin ETFs fail to attract a surge of new capital to the…
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Key Points: Ethereum Geth upgrade v1.13.12 was released ahead of the March 13 mainnet update, addressing the miner tip enforcement bug. Geth remains a leading Ethereum client, facilitating seamless interaction with the blockchain for developers, investors, and users. Ethereum Geth client software has rolled out a significant upgrade, introducing a plethora of new features and…
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The nine spot Bitcoin ETFs reached a significant milestone of $10 billion in assets under management on Feb. 9. The recently launched spot Bitcoin exchange-traded funds (ETFs) completed their first 20 trading sessions hitting the $10 billion milestone in assets under management (AUM). According to data from BitMEX Research, net flows for the nine ETFs…
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Hong Fang, president of crypto exchange OKX, emphasized that Argentina represents “a crucial launchpad” for the crypto exchange’s regional growth strategy. Cryptocurrency exchange OKX has announced its expansion into Argentina as part of its ongoing strategy to target the Latin American market. The move follows its launch in Brazil in late 2023. In a recent statement,…
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Bitcoin bulls are chasing a new year-to-date high. Godleak explains what is behind the BTC price move. Bitcoin price is up 6.28% over the last 24 hours and hit an intraday high at $48,200 on Feb. 9. Technical indicators, rallying spot Bitcoin exchange-traded fund (ETF) shares and on-chain data show that Bitcoin has the strength…
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Bitcoin sees a $1,300 daily candle, but a $1 billion surge in open interest sparks concern over BTC price strength at new levels. Bitcoin held around 3% higher on Feb. 8 as crypto markets teased some much-needed upside. Bitcoin adds nearly $1 billion open interest Data from Cointelegraph Markets Pro and TradingView showed BTC price action focusing on…
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Asher Genoot, the newly-appointed Hut 8 CEO, said he will focus on “creating lasting shareholder value.” Bitcoin mining firm Hut 8 announced a leadership transition, replacing its CEO weeks after “pump-and-dump” allegations against the company were published by the controversial short-selling firm JCapital Research. On Feb. 7, the Miami-based Bitcoin mining company published a press release…
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AI-generated voices used in automated phone scams, such as the one used in a recent fake Biden robocall campaign, are now illegal under U.S. telemarketing laws. Artificial intelligence-generated voices used in unwarranted robocalls — or automated phone calls — are now officially illegal in the United States following a new Federal Communications Commission (FCC) decision.…
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Out of 5,535 “newborn” ETFs that launched in the United States over the last 30 years, only two have acquired over $3 billion in assets in the first month. BlackRock and Fidelity’s spot Bitcoin exchange-traded funds have tallied more assets in their first month of trading than any ETF launched in the United States over…
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