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Russian Bitcoin Mining Industry Could Surpass the U.S. in 2 Years


Igor Runets, owner and CEO of Bitriver, commented on the growth potential of the Russian bitcoin mining industry following the approval of the mining law in the country. Runets stated that, due to the several advantages provided by the law, the Russian bitcoin mining industry could reach parity...

BBVA to Launch Visa-Backed Euro-Pegged Stablecoin Next Year


BBVA, one of Spain’s largest financial institutions, has announced plans to launch its stablecoin product by 2025. The organization is currently in the sandbox stages and will be developed in partnership with credit giant Visa as part of one of the first projects using its services to launch...

Analyst: 13 of the Top 25 ETFs Launched in 2024 Are Bitcoin or Ether-Related


Data shows that bitcoin and ethereum exchange-traded funds (ETFs) have made quite an impact this year in the world of traditional finance. According to Nate Geraci, co-founder of the ETF Institute, out of 525 funds launched in 2024, a total of 13 out of the top 24 best-performing ETFs are related...

Spot Crypto ETFs Prompted Bitwise to Rethink Its Fund Lineup


Bitwise announced the Bitwise Trendwise Bitcoin and Treasuries Rotation Strategy ETF (BITC) on Friday, a fund that combines the Bitwise Bitcoin Strategy Optm Roll ETF (BITC), Bitwise Ethereum Strategy ETF (AETH) and Bitwise Bitcoin and Eth Eq Wgh Str ETF (BTOP)

Bitcoin Nears $62K as Crypto Rebounds on Jobs Report and Rate Cut Hopes


On Friday, the global crypto market saw a boost in value, with bitcoin (BTC) climbing 2.29%, approaching the $62,000 mark at 9:30 a.m. EDT. Ethereum (ETH) joined the upward trend, gaining a more modest 1.6%, pushing toward the $2,400 level. Bitcoin and Ethereum Climb Following U.S. Jobs Report This...

From $37B to $24.5B: DAO Treasuries Experience Significant Downturn


In October 2024, the latest data shows that decentralized autonomous organizations (DAOs) hold $24.5 billion in treasuries, down by $12.6 billion since the end of March. Optimism’s DAO, which boasted $8.3 billion on Mar. 24, has seen its treasury shrink to $3.8 billion, making it the largest...

Cryptocurrency and Anti-Money Laundering (AML) Compliance in 2024


Cryptocurrency has revolutionized the financial sector, providing a decentralized and borderless means of transferring value. However, with its rapid adoption, […] The post Cryptocurrency and Anti-Money Laundering (AML) Compliance in 2024 appeared first on

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