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Tag: News

Tether CEO Dispels Rumors of Bitcoin for Gold Sale

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Tether CEO Paolo Ardoino has strongly refuted recent rumors suggesting the stablecoin issuer was offloading its Bitcoin reserves in favor of gold. On September 7, 2025, Ardoino took to X (formerly Twitter) to clarify Tether’s asset strategy, directly addressing market speculation that had begun to circulate. The claims implied a significant pivot in Tether’s reserve composition, signaling a strategic move away from the leading...

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Ether ETFs Record Nearly $788 Million in Weekly Outflows, Driven by Grayscale’s ETHE

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Ether exchange-traded funds (ETFs) registered substantial outflows totaling $787.9 million over the past week, reflecting a persistent cautious sentiment among investors. This significant withdrawal marks a notable period of capital flight from Ether-linked investment products. Data from Farside Investors reveals that Grayscale’s Ethereum Trust (ETHE) was the primary contributor to these outflows, accounting for the vast majority of...

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US Senate Unveils Updated Crypto Bill with SEC-CFTC Committee, DeFi Safeguards, and Airdrop Guidelines

US Senate Unveils Updated Crypto Bill with SEC-CFTC Committee, DeFi Safeguards, and Airdrop Guidelines

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The Senate Banking Committee’s latest draft establishes a joint advisory committee between the SEC and CFTC to resolve regulatory overlaps in digital assets. DeFi developers gain explicit protections, shielding them from broker-dealer regulations for decentralized protocols. Airdrops, staking rewards, and DePIN tokens are exempted from securities classification under specific conditions, providing much-needed...

Cryptocurrencies, DeFi, Front page, News

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Trump-Backed WLFI Blacklists Justin Sun's Wallet Amid Token Transfer Controversy

Trump-Backed WLFI Blacklists Justin Sun’s Wallet Amid Token Transfer Controversy

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WLFI blacklisted an Ethereum address associated with Justin Sun after a $9 million token transfer to HTX. Sun claims the moves were deposit tests with no market impact and calls for the tokens to be unfrozen. The incident led to a 19% price drop in WLFI, prompting a 47 million token burn by the project. World Liberty Financial, the (DeFi) project backed by former U.S. President Donald Trump, has blacklisted an Ethereum...

Cryptocurrencies, Front page, News

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Trump-Backed American Bitcoin Closes Up 16% in Volatile Nasdaq Debut

Trump-Backed American Bitcoin Closes Up 16% in Volatile Nasdaq Debut

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Nasdaq Debut: American Bitcoin (ABTC) launched on Nasdaq via a merger with Gryphon Digital Mining. Price Volatility: Shares surged up to 110% intraday but closed 16% higher after multiple trading halts. Family Stakes: Donald Trump Jr. and Eric Trump’s combined ownership is now valued at over $1.5 billion. American Bitcoin, the cryptocurrency mining venture backed by President Donald Trump’s sons, made its highly...

Crypto Mining, Cryptocurrencies, Front page, News

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