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Metabears

@sharif7890

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Cryptocurrency Live News & Updates : Thailand Launches Digital Asset Exchange Sandbox In a significant move for digital finance, Thailand's SEC and the Bank of Thailand have launched a sandbox initiative enabling foreign tourists to exchange digital assets for Thai baht, ensuring regulatory oversight. Meanwhile, Ethereum has made headlines by surpassing Bitcoin in global perpetual contract trading volume, with Ethereum reaching $90.82 billion compared to Bitcoin's $82.93 billion. In Europe, the European Commission has suspended its investigation into the X platform, owned by Elon Musk, amid ongoing trade negotiations with the U.S., highlighting the delicate balance between regulatory scrutiny and international relations. Additionally, Binance has introduced promotions for its ETH Flexible Products, allowing users to earn HYPER rewards and competitive APR rates, while Coinbase has unveiled the Base App, a comprehensive platform integrating trading, social media, and payments,
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Cryptocurrency Live News & Updates : A16z Moves Main Operations from Delaware to Nevada In a significant move, a16z has relocated its main business entity from Delaware to Nevada, driven by concerns over the reliability of Delaware's judicial rulings. This decision reflects a broader trend among tech founders to reassess their registration locations. Meanwhile, UK crypto bank Ziglu has entered special administration due to severe financial difficulties, with losses exceeding Β£20 million over two years and a halt on user withdrawals. In the crypto market, Nvidia's remarkable rise to a $4 trillion market cap has been linked to Bitcoin's recent price surge, although the correlation between the two is weakening. Aave has achieved a record high in net deposits, reaching $45 billion, showcasing the growing influence of decentralized finance. Additionally, the Federal Reserve is grappling with internal debates regarding tariff risks and interest rate policies amid economic uncertainties, which could impact
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Cryptocurrency Live News & Updates : UAE Regulators Dispute Toncoin Residency Claims In recent cryptocurrency news, Toncoin (TON) faced a significant setback after UAE regulators refuted claims that staking the cryptocurrency could qualify individuals for the UAE's golden visa program. Following a brief surge to $3.03, TON's value fell to $2.84, reflecting a 6% decline. Meanwhile, analysts noted that despite substantial institutional purchases of Bitcoin by figures like Michael Saylor, overall spot demand is decreasing, leading to stagnation in Bitcoin's price. Standard Chartered maintains a bullish outlook with a $200K price target for BTC. In other news, investment firm Azoria has delayed the launch of its Tesla-focused ETF due to concerns over Elon Musk's new political party, which has raised investor apprehensions about Tesla's leadership. Additionally, a Canadian woman is suing
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Cryptocurrency Live News & Updates : Strong Inflows for Solana Staking ETF on Debut The cryptocurrency market is witnessing significant developments as the Rex-Osprey Solana+Staking ETF (SSK) made a notable debut, attracting approximately $12 million in inflows and achieving a trading volume of $33 million. This ETF aims to generate returns by staking a substantial portion of its assets, although institutional interest in Solana remains nascent, according to Bitwise's Juan Leon. Meanwhile, China Minmetals Corporation has issued a warning against fraudulent activities misusing its name, clarifying that it has no ties to unauthorized entities or Bitcoin investment schemes. In legislative news, U.S. Treasury Secretary Besent anticipates that forthcoming stablecoin regulations will bolster demand for U.S. Treasury bonds, potentially reshaping the financial landscape. Additionally, on-chain analyst Ai
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