The cryptocurrency market experienced a notable shift in momentum on February 23rd, with the native token of Uniswap, UNI, surging by an impressive 71%. This surge marked the token’s highest price point since March 2022, sending shockwaves through the crypto landscape and reigniting interest in the decentralized finance (DeFi) sector. The primary catalyst behind this
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The Energy Information Administration (EIA) made headlines on Feb. 23 when it announced the pause of the survey on crypto mining firms. This decision came after a lawsuit was filed by members of the crypto mining sector, including Riot Platforms and the Texas Blockchain Council, the day before. The lawsuit named several government agencies and
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Kraken, a prominent cryptocurrency exchange, recently faced legal action from the US Securities and Exchange Commission (SEC). The SEC accused Kraken of operating unlawfully as an unregistered securities exchange, broker-dealer, and clearing agency. The charges came after Kraken’s testimony before congressional committees, where it expressed concerns about the regulatory overreach of the SEC and advocated
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The recent launch of spot Bitcoin Exchange-Traded Funds (ETFs) led by industry giants BlackRock and Fidelity has generated significant attention and excitement. These ETFs have seen massive net inflows totaling $5.278 billion in a short six-week period, indicating strong interest from investors. Despite this, the price of Bitcoin (BTC) has not experienced the significant surge
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