$2 Trillion Giant Launches ETF With XRP & DOGE

Nasdaq futures and Bitcoin drop as semiconducto…  Pluang

A new study argued that Polymarket’s five-minute Bitcoin contract became a machine for wealth transfer. It moved money from retail bettors to a small band of manipulators, and it made Bitcoin’s spot price worse in the process. The paper, “Settlement Manipulation in Prediction Markets” by David Dai, Ruizhe Jia, and Shihao Yu of Stanford and…

Ethereum’s [ETH] attempted rebound faced rejection at $1,944 three days ago. The pullback pushed ETH to $1,819 before it recovered slightly. At press time, Ethereum traded near $1,823 after falling 3.6% over 24 hours. The decline attracted substantial whale activity, although sellers retained control of the market. Are whales buying the ETH dip? CryptoQuant’s Spot…

Coinbase CEO Brian Armstrong categorically rejected the narrative that the artificial intelligence boom could destroy Bitcoin. He was responding to a widely discussed statement by billionaire Chamath Palihapitiya, who predicted a structural crisis for the cryptocurrency due to a mass exodus of miners into the AI sector, where computing power is currently said to generate 10–20 times…

UK-based financial company Revolut has received approval from the Virtual Assets Regulatory Authority (VARA) of Dubai to offer crypto-related services in the United Arab Emirates (UAE). In a Wednesday notice, Revolut said that, following a green light from the Central Bank of the UAE for payment activities, VARA gave in-principle approval for the company to…

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