Category: Altcoin News

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Best Crypto to Buy Today March 11 – FLOKI, Theta Network, Near Protocol

Cryptocurrencies like FLOKI, THETA, NEAR compete for best crypto to buy today Image by cryptonews.com As Bitcoin (BTC) pushes into the $72,000s for the first time ever and Ether (ETH) rallies to the north of $4,000, crypto investors are assessing which might be the best crypto to buy today. Strong spot Bitcoin ETF demand ahead…
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Hong Kong Financial Institutions Eye Ethereum ETFs to Bolster Global Crypto Market Position

In the wake of the successful launch of Bitcoin spot ETFs in the United States, financial institutions in Hong Kong are gearing up to tap into the growing demand for cryptocurrency investment products.  While Hong Kong opened applications for Bitcoin spot ETFs in December last year, no related products have hit the market yet, leaving…
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FBI: Crypto Investment Fraud Surged 53% in 2023, Topping $3.94 Billion

The Federal Bureau of Investigation (FBI) has reported a surge in losses due to cryptocurrency-related investment scams.  According to a recent report by the FBI, investment losses related to cryptocurrencies rose from $2.57 billion in 2022 to approximately $3.94 billion in 2023, representing a staggering 53% increase. These losses accounted for the largest portion of investment…
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Investors Get Green Light to Pursue Class Action Against Binance

A group of investors who sought to sue cryptocurrency exchange Binance, its former CEO Changpeng Zhao, and other executives have been given a fresh chance to pursue their case.  The Second Circuit Court of Appeals recently overturned a lower court’s ruling that dismissed the lawsuit, allowing the putative class action to proceed against the world’s largest crypto exchange.…
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$85 Million Crypto Super PAC Sets Sights on Transforming Senate Makeup

A well-funded political action committee (PAC) backed by prominent figures in the cryptocurrency industry has set its sights on key Senate races, with the goal of potentially shifting the balance of power in Congress.  The PAC, called Fairshake, recently spent over $10 million successfully opposing a Democratic U.S. Senate candidate in California and now plans to concentrate…
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Coinbase Says Value of Many AI Tokens is “Overstated” as Sector Surges 37% in Past Week

The artificial intelligence (AI) token market has experienced a surge in prices that, according to a research report from leading crypto exchange Coinbase, may be driven more by hype than actual utility.  The report, authored by Coinbase research analyst David Han, highlights the stiff competition and technical challenges faced by AI projects, potentially hindering their long-term…
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Memecoin Sector Surges 84% in Past Week, Outperforming Red-Hot AI Tokens

The memecoin sector has taken center stage in the midst of a bullish crypto market, outperforming even red-hot AI tokens.  Industry sectors such as Layer 2s, which are crucial for scaling blockchain for mainstream use, and the intersection of crypto and artificial intelligence, were expected to lead the way in terms of performance.  Technical frontiers…
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Worldcoin Controversy ‘Benefiting’ South Korea’s Bithumb Exchange

Worldcoin controversy in South Korea is driving trades on the Bithumb crypto exchange, a media report has claimed. According to Busan Ilbo, trading in the Worldcoin (WLD) token has spiked in the wake of a new Personal Information Protection Commission probe. This has seen WLD trading balloon on the platform. On March 4, 24-hour Worldcoin…
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Top Crypto Gainers Today on DEXTools – CYPHER, ATH, OPFLOW

As major blue chip cryptos like Bitcoin (BTC) and Ether (ETH) nudge higher on Friday but remain stuck within weekly ranges, traders looking for faster gains continue to migrate to the highly volatile on-chain shitcoin markets on the hunt for top crypto gainers today. BTC and ETH were last between 1-2% higher in the past…
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NYCB Shares Plunge 42% Before Rebound on $1 Billion Capital Raise

New York Community Bancorp (NYCB) made headlines on Wednesday as its stock experienced a dramatic plunge of 42% before staging a rebound following the announcement of a $1 billion capital raise.  The bank also unveiled a leadership shake-up, featuring former Treasury Secretary Steven Mnuchin as one of the new board members. In a press release issued on…
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