Dogwifhat’s Vegas Dreams Dashed: No Sphere Ad

The much-anticipated Dogwifhat (WIF) ad on the Las Vegas Sphere isn’t happening…at least not yet. Despite the hype and a hefty fundraising effort by the meme coin’s community, the Sphere confirmed there’s no deal. This leaves investors and fans wondering what went wrong. No Deal, Despite the Buzz The Dogwifhat community was determined to get…

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The Dogecoin ETF Gold Rush: Grayscale Jumps In

The race to launch a Dogecoin ETF (exchange-traded fund) in the US is heating up! Big-name investment firm Grayscale has just thrown its hat into the ring. Grayscale’s Dogecoin Play Grayscale initially announced a new Dogecoin Trust, a way for investors to get exposure to DOGE. But just hours later, they filed paperwork with the…

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Arkansas Keeps Crypto Mining Green Light

Arkansas lawmakers recently shot down a bill that would have banned Bitcoin mining near military bases. The Senate committee voted 6-1 against the proposal, effectively killing it. Concerns About Crypto Mining Near Military Bases The proposed ban stemmed from worries about the potential impact of large-scale Bitcoin mining operations on military installations. These concerns included:…

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Kraken’s 2024: A Year of Explosive Growth

Kraken, a major US cryptocurrency exchange, just announced some seriously impressive numbers for 2024. Their revenue and trading volume absolutely exploded compared to the previous year. Record-Breaking Numbers The exchange reported a massive 128% year-over-year revenue increase, hitting a total of $1.5 billion. Adjusted EBITDA (earnings before interest, taxes, depreciation, and amortization) also soared to…

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Bitcoin’s Bullish Run: ETFs Fueling the Fire

Bitcoin’s price is soaring, staying comfortably above $100,000, thanks to positive economic news and strong investor confidence. Let’s dive into what’s driving this upward trend. US Bitcoin ETFs: A Major Player A huge factor in Bitcoin’s recent success is the continued buying by US Bitcoin ETFs. These funds now hold a massive 1,163,377 BTC –…

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