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Chainlink’s change to its multisig wallet practices has raised questions around transparency and accountability in the crypto world. Meanwhile, Mixin Network offers a bounty to recover exploited funds, Uniswap seeks increased funding, and Curve Finance’s founder reduces his debt. Progress, despite controversy, highlights the resilience and potential growth of the DeFi sector.

“Investment giants, Invesco and Galaxy Digital, are reportedly seeking regulatory approval for their spot Ethereum ETF. This follows prior similar requests like ARK 21Shares and VanEck. The introduction of Ether futures offers traditional investors access to crypto-assets and risk diversification, despite potential market manipulations and challenges in the regulatory approval process.”

“The possible approval of a Bitcoin ETF could revolutionize crypto trading, mirroring ETFs’ impact on Brazilian markets. Despite challenges and uncertainty with SEC approvals, a potential Bitcoin ETF approval could catalyze a $600 billion demand, surpassing Bitcoin’s current market capacity. This could lead to broader crypto acceptance, making Bitcoin investment highly regulated and accessible.”

Investment firm VanEck is set to launch the ‘VanEck Ethereum Strategy ETF’ (EFUT), targeting investments in standard ETH futures contracts. Despite concerns about market manipulation hindering approval for spot ETH ETFs, EFUT’s futures-focus might find easier SEC endorsement due to its less volatile approach. The future of ETH futures ETFs, however, remains uncertain.

“Bitcoin miners sell their daily BTC rewards not due to market distress, but as part of a strategic approach to drive costs down, enhance operational efficiency, and stabilize profits. Strategies are shaped more by managing operational risks, fueling growth, and tactically responding to crypto market fluctuation rather than signals of distress.”

The bankruptcy claims against crypto exchange FTX, once seen as high-risk, have now tripled in market value and become a coveted asset for distressed asset investors. Due to recovery of $7.3 billion in assets and potential relaunch of the exchange, creditor payouts have shot up on average from 10 to 37 cents on the dollar, highlighting the shifting value perception and volatility in this industry.

The Dollar Strength Index (DXY) reaching a 10-month high has implications for the cryptocurrency world, particularly Bitcoin. However, this doesn’t necessarily indicate a direct impact on Bitcoin’s performance. Amidst potential inflation and recession risks, an increase in the money supply could inadvertently favor Bitcoin in the long term.

“The XRP price experiences a 3% drop, yet holds its ground with a 45% upswing since the year’s start. Despite negative trends in the market and potential sell-offs by whales, XRP’s foundations remain strong, suggesting potential for a bounce-back when market conditions improve.”

“Cryptocurrency exchange Coinbase reportedly holds 1 million Bitcoin, about 5% of total in existence. However, fears of centralized exchanges halting withdrawals have caused controversy. The company’s ongoing accumulation amid regulatory scrutiny also raises concern. Conversely, its holdings and financial performance highlight its industry dominance.”

The GOLD Token’s recent soar and correction waves stirred reactions in the crypto market, but despite selling pressures, it presents potential buying opportunities. The launch of yPredict’s AI-backed crypto models is also poised to revolutionize how traders interact with the market.

Binance reportedly spent an astonishing 530 Ether on gas fees in a day due to unexpected spikes in Ethereum network gas prices. This large expenditure, linked to the “Binance 14” wallet, provoked reactions and led to questions about the trading platform’s technology and coin management capabilities.

The recent study reveals that a striking 95% of mainstream non-fungible tokens have considerably declined in value. While some NFT users believe this to be a temporary effect of the crypto winter and predict a recovery, others acknowledge the diminished value of their digital assets. This raises crucial questions about the future of the NFT marketplace.

“In a surprising departure from expected volatility in response to major macroeconomic events, Bitcoin’s price dipped mildly amid the Federal Reserve’s decision to pause interest rate hikes. Despite the seemingly serene market behavior, traders anxiously anticipate a potential breakout or a stronger bearish trend, creating a blend of caution and ambition in the crypto-sphere.”

“The liquidation of Bankrupt crypto exchange, FTX’s assets, including $1.16 billion in Solana (SOL), $560 million in Bitcoin (BTC), $192 million in Ether (ETH) and other tokens, may not crash the market instantly. Post court’s approval, a cap of $50 million per week for sales is initially set preventing spontaneous market drops, but long-term market impact remains uncertain.”