A standout story in today’s crypto news reports hails from Turkey, where the former CEO of the now-folded Turkish cryptocurrency exchange Thodex has been sentenced to over 11,000 years in jail. Faruk Fatih Özer, who founded Thodex in 2019, received a staggering 11,196-year sentence along with his two siblings and a $5 million fine. In…
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Meme coins like Shiba Inu and Dogecoin have long captured the attention of the crypto community, but now they’re drawing attention from a wider audience–thanks to the help of new projects in the space like Wall Street Memes. Known for their blend of humor, culture, and financial speculation, meme coins have also become social phenomena–with…
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Two leading exchange-traded fund (ETF) providers have set their sights on launching the first spot Ethereum ETF in the U.S. after continued delays from regulators on approving a spot Bitcoin ETF. ARK Invest and asset manager VanEck filed proposals with the Securities and Exchange Commission (SEC) for Ethereum ETFs that would trade on CBOE Global…
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Pepe the Frog has inspired yet another meme token, as unknown developers unveiled Dork Lord (DORKL) Wednesday shortly after Pepe creator Matt Furie tweeted some Star Wars-themed artwork featuring the iconic amphibian character. Listed anonymously on Uniswap, DORKL pays homage to Furie’s Pepe though the artist does not appear to be formally involved with the…
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There’s been a noticeable divergence between Bitcoin and the stock market in recent months, which could presage an economic recession, according to Bloomberg strategist Mike McGlone. He pointed out that after months of outperforming the Nasdaq 100 index, Bitcoin dropped 15% in the third quarter, while the Nasdaq went up by 2%. In light of…
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Bitcoin has managed to remount its 200-day exponential moving average after a period of decline since reaching its year-to-date peak in July. According to some analysts, holding this support level will indicate the cryptocurrency may have bottomed out from its drop over the summer. While Bitcoin battles to sustain its long-term dynamic support, what are…
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Bitcoin’s price rose to nearly $28,143 on Tuesday following a positive legal ruling for digital asset manager Grayscale. However, analysts remain cautious about the sustainability of the rally amid low spot market volumes…. Read More: Biggest Crypto Gainers Today on DEXTools – BEPE, EMERSO, XPEPE Read more »Sign up for e-EUR – the progressive stablecoin
A U.S. appeals court overturned a previous SEC decision on Tuesday, ruling in favor of asset management firm Grayscale Investments in its effort to launch a spot bitcoin exchange-traded fund (ETF). The unanimous verdict by the U.S. Court of Appeals for the District of Columbia could pave the way for regulatory approval of the first…
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On-chain analyst Yazan reports insider selling of PEPE holdings, with around 400 billion PEPE sold, aligning with Pauly’s team exposure. Former Pepecoin (PEPE) promoter turned crypto influencer Jeremy “Pauly” Cahen has leveled insider trading allegations against the Pepecoin team following the reported theft of around 16 trillion PEPE tokens. Pauly is now exposing team members’…
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In an announcement to the PEPE community, it was claimed that three former members stole funds from the project and then handed over full control to the sole remaining member. The circumstances behind the mysterious $16 million withdrawal from the Pepecoin (PEPE) project’s multisig wallet have seemingly been revealed, with the finger pointed at three…
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