Galaxy Research Predicts Multi-Billion Inflows for Bitcoin Spot ETF!

Galaxy Research predicts Bitcoin spot ETF to attract $14 billion in the first year, $27 billion in the second, and $39 billion in the third, driven by institutional interest. Key Takeaways: Galaxy Research has recently unveiled an optimistic report that could spell significant financial growth for the cryptocurrency market. The report centers around the imminent launch of the Bitcoin spot …

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Exploring the Best Smart Contract Auditors: “Hashlock Review – Setting the Gold Standard in Blockchain Security Auditing”

In the ever-expanding universe of blockchain and Web3 technologies, security is the silent guardian that often goes unnoticed—until something goes awry. Enter Hashlock, an Australia-based smart contract auditing firm striving to ensure that Web3 innovations don’t just soar but also land safely. Trusted by industry leaders like Chris Were, the CEO of Verida Network, Hashlock is the shield you didn’t know …

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Worldcoin (WLD) to Pay Users in Own Token, Price Reacts Unexpectedly

Worldcoin (WLD) shifts to pay users in its native token, WLD, instead of USD Coin (USDC). WLD’s price falls 4.78% despite this change. Key Takeaways In a significant strategic move, Worldcoin (WLD) has announced a transition in its incentive model. The Worldcoin Foundation unveiled its plan to shift from paying users in USD Coin (USDC) to their own native token, …

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Investor Deceived by imToken Phishing Site Loses $1.8M in Daring Heist

An investor loses $1.8 million to a phishing attack via a fake imToken website, highlighting the growing threat of online fraud in the crypto sector. Key Takeaways In a striking incident of online deception, an investor has suffered a substantial financial setback, being swindled out of cryptocurrency amounting to a whopping $1.8 million via a sham imToken website. The sizable …

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Two Major Hacks Devour Vast Q3 Crypto Losses

Immunefi’s report reveals that most of the $662,850,580 in Q3 crypto losses were attributed to Mixin Network and Multichain exploits, with DeFi as the primary target. Key Takeaways In an unsettling revelation, Immunefi, a prominent Web3 bug bounty platform, reported a substantial $662,850,580 loss in crypto exploits for Q3 2023, with two principal projects, Mixin Network and Multichain, shouldering the majority of …

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Cardano Gears Up for Bullish Momentum Amidst Surge in Developer Engagement

Cardano sees a surge in developer projects, reaching 1,287, signaling a growing ecosystem. IOHK’s ongoing improvements and market projections hint at bullish momentum for ADA. Key Takeaways: Cardano is emerging as a popular blockchain platform with a mounting interest from developers. Recent data reveals that a whopping 1,287 projects are now being developed on Cardano, marking a significant leap from …

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Dogecoin Rockets to the Moon: Surpasses Ethereum and ADA with 10.32% Surge

Dogecoin (DOGE) sees a 10.32% surge in daily active addresses, outperforming Bitcoin, Ethereum, and Cardano. DOGE’s whale transactions exceed $1.18 billion, indicating strong growth. Key Takeaways Dogecoin, initially born as a playful meme coin, is now making significant waves in the cryptocurrency sphere. Recent data from IntoTheBlock (ITB) highlights Dogecoin’s remarkable performance, particularly in comparison to industry giants like Bitcoin, …

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Hayes Forecasts a Potential Leap in Bitcoin Value, Eyeing a Staggering $750,000 to $1 Million

Prominent cryptocurrency expert Arthur Hayes predicts Bitcoin could reach $750,000 to $1 million by 2026, citing factors like a financial crisis, ETFs, and China’s nuanced stance. Key Takeaways Prominent cryptocurrency expert and former BitMEX CEO, Arthur Hayes, propels a bullish projection, forecasting Bitcoin’s price to catapult between $750,000 and $1 million by 2026, an outlook that scales beyond many present …

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Bitcoin Targets $28,500, While Ripple and Avalanche Surge Forward

Bitcoin reached $28,500, Ripple’s XRP surged due to regulatory victories and licensing, while Avalanche (AVAX) rose with the launch of the Stars Arena platform. Possible Bitcoin ETF approval could push its price to $35,000-$40,000 by late 2023. Key Takeaways The cryptocurrency market is buzzing with activity as Bitcoin (BTC) charts a course towards the $28,500 mark, eventually finding stability at …

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Sui Foundation Redirects 117 Million SUI Tokens to Bolster Ecosystem Development

In a calculated move to propel its ecosystem’s growth, Sui Foundation is strategically reallocating 117 million SUI tokens, constituting 13.6% of its circulating supply and 1% of the total supply, valued at $51 million. Key Takeaways Target Development Support The freshly reallocated resources will predominantly back Sui’s developing ecosystem. The areas of focus include providing grants to developers, thereby encouraging …

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