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Day: April 18, 2022

GRAYSCALE CEO: SPOT BITCOIN ETF IS A MATTER OF WHEN, NOT IF

In an interview with CNBC, the CEO of Grayscale Investments argued that his company sees the approval of a spot bitcoin ETF as a matter of time. The listing of a spot bitcoin exchange-traded fund (ETF) in the U.S. is only a matter of time, said Grayscale Investments CEO Michael Sonnenshein. The chief executive recently …

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Asia stocks mixed as investors react to Chinese economic data

KEY POINTS Shares in Asia struggled for direction on Monday. China saw a faster-than-expected GDP growth in the first quarter, data released by the National Bureau of Statistics showed Monday, despite parts of the country being hit by Covid lockdowns in March. Markets in Australia and Hong Kong were closed on Monday for a holiday. …

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Shiba, Dogecoin Among Biggest Losers as Macro Fears Lead to Market Fall

Bitcoin traded below pivotal support of $40,000 in European hours on Monday, reaching its lowest prices in nearly a month. Poor macroeconomic sentiment and increasing fears of recession in the West laid the backdrop for cryptocurrencies to lose some 4% of their market capitalization in the past 24 hours, with several major tokens taking hits …

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Nifty News: Hyundai partners with Meta Kongz, Activision surveys on NFTs and more

Hyundai also gave cryptic clues to a possible metaverse in line with its earlier concept for robots to bridge the real and virtual worlds to enhance mobility. South Korean automobile manufacturer Hyundai announced on Monday that it has partnered with the “Meta Kongz” nonfungible token (NFT) project to create a limited collection of 30 NFTs …

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North Korean Crypto Hackers On The Rise

According to DeFiance Capital founder Arthur Cheong, North Korea is targeting crypto firms and projects.   North Korea steals 624 million USD in a single day Last month, Axie Infinity’s Ronin Network fell victim to a consensus attack, which allowed the hackers to steal a record-breaking sum of 624 million USD. According to the US government, the …

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UAE Airliner Emirates to Launch NFTs and Experiences in the Metaverse

United Arab Emirates (UAE) airliner, Emirates, has announced plans to launch non-fungible tokens (NFT) and experiences in the metaverse for its workers and customers. The launch aligns with UAE’s digital economy and virtual assets initiatives. First Projects Already Underway The UAE airliner Emirates has said it will soon launch non-fungible tokens (NFT) and “exciting experiences …

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