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KOLYAN TREND - NFT and METAVERSE
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🚀 Bitcoin Holds Steady Despite Positive CPI Data Bitcoin (BTC) failed to rally after U.S. CPI inflation cooled to 2.3% in April, its lowest since February 2021. Despite the positive macro news, BTC dipped below $104K as Wall Street opened, continuing its recent consolidation. Analysts suggest BTC may be gearing up for its next move, with potential support near $97.5K-$98K. Binance CEO Richard Teng highlighted Bitcoin’s strong performance, outpacing gold and major stock indices YTD. #Bitcoin #CryptoMarket If this was interesting, be sure to subscribe to me!
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🚨 Arizona Governor Vetoes Crypto Bills, Tightens Bitcoin ATM Rules Arizona Governor Katie Hobbs rejected two major crypto bills while approving stricter regulations for Bitcoin ATMs. 🔹 Vetoed SB 1373, which proposed a state crypto reserve fund, citing market volatility risks. 🔹 Also blocked SB 1025, a plan to allocate 10% of state funds to Bitcoin and digital assets. 🔹 Approved HB 2387, imposing new consumer protections on Bitcoin ATMs, including $2K daily limits for new users and mandatory scam warnings. Hobbs did sign HB 2749, allowing Arizona to hold unclaimed crypto instead of liquidating it. #CryptoRegulation #BitcoinATM If this was interesting, be sure to subscribe to me!
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🚀 Animoca Brands Plans NY Listing Amid Trump’s Crypto-Friendly Shift Hong Kong’s Animoca Brands is eyeing a New York listing, encouraged by President Trump’s pro-crypto stance. Exec chair Yat Siu told the FT an announcement could come soon, with the firm evaluating share structures. Despite a 2020 delisting from Australia’s ASX, Animoca has grown significantly, reporting $314M revenue and $97M earnings for 2024. It holds $300M in cash/stablecoins and $538M in digital assets. Siu called Trump’s election a “unique moment,” noting eased SEC enforcement and DOJ’s crypto unit dissolution. Other portfolio firms like Kraken may also pursue US listings in 2025-26. #CryptoNews #Blockchain If this was interesting, be sure to subscribe to me!
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🚨 Curve Finance Hit by DNS Hijack Again – Users Warned Curve Finance has alerted users that its DNS was hijacked for the second time in a week, redirecting visitors to a malicious site. The team confirmed smart contracts remain safe, but warned against interacting with the platform. 🔍 The attack mirrors an August 2022 incident where hackers cloned the site and drained user funds. Security firm Blockaid detected suspicious activity, urging users to avoid signing transactions until resolved. 📌 Last week, Curve’s X account was also compromised, though no funds were lost. The team is investigating both breaches. #DeFi #CryptoSecurity If this was interesting, be sure to subscribe to me!
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🚀 BitGo Secures MiCA License in Germany, Expanding EU Crypto Services Goldman Sachs-backed crypto custodian BitGo has received a Markets in Crypto-Assets Regulation (MiCA) license from Germany’s BaFin, allowing it to operate across the EU. The approval enables BitGo to offer institutional-grade custody and digital asset services to both crypto-native firms and traditional financial institutions. The company established its EU headquarters in Frankfurt in 2023. BitGo’s managing director for Europe highlighted the firm’s commitment to security and compliance. The license follows registrations in Italy, Spain, Poland, and Greece. BaFin’s records haven’t yet updated to reflect the MiCA approval, but BitGo joins other licensed firms like Bitpanda and Boerse Stuttgart Digital Custody. #CryptoRegulation #BitGo If this was interesting, be sure to subscribe to me!
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