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Spot Ethereum ETFs record no outflows for the day pulling in $144 million 

The nine-spot ethereum ETFs surprisingly recorded no outflows for the day while pulling in a commendable $144 million.  The $144 million pulled in by the Ethereum ETFs is an encouraging figure compared to yesterday's $51 million.  Farside Investors UK data revealed that Blackrock’s ETHA recorded the highest inflow for the day pulling in $134 million. …

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IBIT pulls in $741 million recording highest inflow in two weeks amid new BTC all-time high

Blackrock’s Ishares Bitcoin Trust ETF (IBIT) pulled in a record $741 million yesterday, the highest inflow recorded by the leading Bitcoin ETF in two weeks.  This came amid Bitcoin hitting a new all-time high of $108,135 yesterday. The crypto asset continues to react to bullish developments surrounding a possible strategic Bitcoin reserve in the United…

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NiceHash Relocates to Switzerland for Regulatory Compliance

NiceHash, a leading cryptocurrency mining platform, has announced its relocation from the British Virgin Islands to Zug, Switzerland. The move, which began in November, is expected to conclude by mid-December, positioning the company within Switzerland's robust regulatory environment. Notably, the decision aligns with NiceHash’s commitment to comply with the European Union’s upcoming Markets in Crypto-Assets…

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Ohio Proposes Bitcoin Reserve Act to Safeguard State Funds from Dollar Devaluation

Ohio Bitcoin Reserve Act proposed by Derek Merrin allows the state treasury to invest in Bitcoin, hedging against inflation and U.S. dollar volatility. The Bitcoin Reserve Act Ohio State Representative Derek Merrin filed House Bill 703 on December 17, introducing the Ohio Bitcoin Reserve Act to authorize state investments in Bitcoin, aiming to preserve public…

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