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Ark Invest Expands Stake in BitMine Amid Crypto Market Decline

Ark Invest Expands Stake in BitMine Amid Crypto Market Decline

TLDR Ark Invest bought 478,125 BitMine shares, valued at $14 million. BitMine’s stock fell over 6% as Ethereum prices dropped on Wednesday. Ark Invest increased

Vitalik Buterin Advocates for Simplicity to Ensure Ethereum’s Trustlessness

Vitalik Buterin Advocates for Simplicity to Ensure Ethereum’s Trustlessness

TLDR Vitalik Buterin highlights Ethereum’s complexity, urging simplification for broader user accessibility. Ethereum’s roadmap aims to simplify blockchain interaction

Ethereum Price Struggles at Key Support with Breakdown Risk Ahead

Ethereum Price Struggles at Key Support with Breakdown Risk Ahead

TLDR Ethereum tests key support between $2,712 and $2,788; failure to hold could signal further declines. Resistance at $3,154–$3,179 could limit ETH’s upside;

Bitget Launches Cross-Market Trading for Crypto Users Including Forex and Gold

Bitget Launches Cross-Market Trading for Crypto Users Including Forex and Gold

TLDR Bitget TradFi enables crypto users to trade forex, gold, and CFDs with USDT as margin. The platform offers up to 500x leverage on major FX pairs and commodities

XRP Faces Downward Pressure as Peter Brandt Turns Bearish on Price

XRP Faces Downward Pressure as Peter Brandt Turns Bearish on Price

TLDR Peter Brandt warns XRP may be forming a double-top, signaling potential bearish pressure ahead. XRP spent 70 days below its 50-week SMA, historically signaling

Ethereum Whale’s Wallet Drained of $27 Million After Private Key Leak

Ethereum Whale’s Wallet Drained of $27 Million After Private Key Leak

TLDR A private key hack caused a $27 million loss from an Ethereum whale’s wallet. Ethereum, WETH, OKB, and FET tokens were among those drained by the attacker.

Kraken-backed xStocks Launches Tokenized US Equities on TON Wallet

Kraken-backed xStocks Launches Tokenized US Equities on TON Wallet

TLDR xStocks launches on TON Wallet, enabling tokenized US equities on Telegram. The service is available globally but excludes the US, EU, and Australia at launch

Coinbase Gains Approval for $2.45B Stake in CoinDCX to Expand in India

Coinbase Gains Approval for $2.45B Stake in CoinDCX to Expand in India

TLDR Coinbase receives regulatory approval for $2.45B stake in CoinDCX. The partnership builds on Coinbase’s earlier investment in CoinDCX from 2020. CoinDCX is

Meta Stock Rises as AI Godfather LeCun Eyes €3 Billion Superintelligence Partnership

Meta Stock Rises as AI Godfather LeCun Eyes €3 Billion Superintelligence Partnership

TLDR Meta’s Chief AI Scientist Yann LeCun is leaving at year-end to launch Advanced Machine Intelligence Labs, seeking €500 million in funding at a €3 billion valuation

SoFi Stock Gains as Company Launches Dollar-Pegged Stablecoin on Ethereum

SoFi Stock Gains as Company Launches Dollar-Pegged Stablecoin on Ethereum

TLDR SoFi Technologies launched SoFiUSD, a dollar-pegged stablecoin on Ethereum for commercial and consumer use The stablecoin enables near-instant, low-cost fund