Author: btcadmin
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U.S. Residents Missed as Much as $2.6B in Potential Revenue From Geoblocked Airdrops
Draconian crypto regulation that stopped U.S. citizens from benefiting from airdrops — a way of rewarding communities of users by distributing free tokens — has cost Americans as much as $2.6 billion in potential revenue and the government as much as $1.4 billion in lost tax income in the past four years, according to venture…
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Ethereum’s Holesky Hits Finality After 2 Weeks as Pectra Testing Continues
Shaurya Malwa Shaurya is the Co-Leader of the CoinDesk tokens and data team in Asia with a focus on crypto derivatives, DeFi, market microstructure, and protocol analysis. Shaurya holds over $1,000 in BTC, ETH, SOL, AVAX, SUSHI, CRV, NEAR, YFI, YFII, SHIB, DOGE, USDT, USDC, BNB, MANA, MLN, LINK, XMR, ALGO, VET, CAKE, AAVE, COMP,…
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Solana’s SOL Slips Below Key Price Level for the First Time in 3 Years
Shaurya Malwa Shaurya is the Co-Leader of the CoinDesk tokens and data team in Asia with a focus on crypto derivatives, DeFi, market microstructure, and protocol analysis. Shaurya holds over $1,000 in BTC, ETH, SOL, AVAX, SUSHI, CRV, NEAR, YFI, YFII, SHIB, DOGE, USDT, USDC, BNB, MANA, MLN, LINK, XMR, ALGO, VET, CAKE, AAVE, COMP,…
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Bitcoin’s $100K Call Takes the Crown From $120K Bet as Most Popular Options Play on Deribit
The recent crypto market downturn has caused the once-popular $120,000 bitcoin (BTC) options bet to lose its crown to the $100,000 bet in a sign that traders are reassessing their bullish expectations. At press time, the $100,000 call was the most popular BTC options contract on the exchange, boasting a notional open interest of $1.55…
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VanEck Registers Avalanche ETF in Delaware as Altcoin Fund Registry Heats Up
VanEck has registered an Avalanche exchange-traded fund (ETF) in the U.S. state of Delaware as investment manager continue to apply for various altcoin-based product despite the clawback in the crypto market. The New York-headquartered company registered the “VanEck Avalanche ETF” on March 10, according to a filing on Delaware’s Department of State website. STORY CONTINUES…
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Crypto Daybook Americas: Bitcoin Steadies With One Eye on Trump’s First Inflation Report
By Omkar Godbole (All times ET unless indicated otherwise) The crypto market is looking to regain poise, with bitcoin bouncing above $81,000 ahead of tomorrow’s U.S. inflation report. Broadly speaking, the recovery from overnight lows is led by layer-1 and layer-2 coins, with gaming tokens also rising. STORY CONTINUES BELOW Don’t miss another story.Subscribe to…
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Bitcoin Fills Yet Another CME Futures Gap as BTC Price Dropped to $76,700
Bitcoin’s (BTC) price on CME futures dropped to a low of around $76,700 on Monday, officially filling the CME futures gap that was created on Nov. 5, when President Trump won the U.S. election. At the end of February, bitcoin (BTC) briefly fell to approximately $78,500, partially filling the gap, as the lowest point of…
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Trump’s First Inflation Report Due as Risk investors Seek Signs of Cooling
The consumer price index (CPI) report due Wednesday will be the first under President Donald Trump’s tenure, with signs of cooling likely to raise the chance of an interest-rate cut and lift the spirits of investors in risk assets, who have been hammered in recent weeks. The Bureau of Labor Statistics is forecast to say…
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Coinbase Plans India Comeback After Securing Regulatory Registration With FIU
Coinbase (COIN) is one step closer to fully returning to India after securing registration with the Financial Intelligence Unit (FIU), the crypto exchange said on Tuesday. The Nasdaq-listed company, which was active in the country several years ago, faced a number of issues due to regulatory pressure and eventually backed away from India. STORY CONTINUES…
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Dogecoin, Ether Slump 9% as Bitcoin Tumble Leads to $700M in Bullish Liquidations
Dogecoin (DOGE) and ether (ETH) cratered 9% in the past 24 hours as bitcoin (BTC) stumbled 4.5%, dipping below $80,000 and leading a brutal sell-off that wiped out $700 million in long positions. Leveraged traders betting on a rally got torched with $420 million in BTC longs and $150 million in ETH longs being liquidated,…