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Bitcoin and Ether ETF record combined $870 million inflow as investor confidence soar

Spot Bitcoin and Ethereum Exchange Traded Funds (ETF) pulled in a staggering $870 million yesterday indicating a high level of confidence amongst institutional investors.  Spot Bitcoin ETFs led the inflows for the day pulling in $597.5 million with Blackrock’s IBIT getting a large percentage of the inflows.  Blackrock’s IBIT witnessed an inflow of $431.6 million…

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Promoters of Iconic Icomtech Bitcoin Scam fined $5m by Californian Court

The U.S. District Court, Central District of California ordered five Individuals to Pay Over $5 Million for the Digital Asset Fraud and Misappropriation Scheme.  The development was announced in a press release by the Commodity Futures Trading Commission which revealed relevant details and history of the case.  “ The default judgment order finds Carmona, Arellano,…

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Dogecoin Whale Transfers 48.7M to Binance Sparking Bearish Concerns

Dogecoin Whale Transfers $48.7M to Binance, Sparking Bearish Concerns

A major Dogecoin holder has transferred $48.7 million worth of the cryptocurrency to Binance, potentially signaling bearish pressure for the largest meme cryptocurrency by market capitalization. The transaction, involving 112,382,564 DOGE, was tracked by crypto monitoring service Whale Alert. This movement from a private wallet to Binance represents a significant exchange inflow, typically associated with…

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