Hive, Riot Earnings and Fed Minutes Highlight Crypto Week Ahead
Key financial reports from major crypto miners Hive and Riot, alongside the Federal Reserve's latest meeting minutes, are set to dominate the crypto landscape this week.
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Latest news from the Web3 ecosystem
Metaplanet Revenue Skyrockets 738%, Bitcoin Dominates Sales
Metaplanet's revenue has surged by an impressive 738%, with Bitcoin accounting for a substantial 95% of its sales. Despite this revenue growth, the company reported a significant net loss.
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Hong Kong Accelerates Crypto Regulatory Framework Development
Hong Kong is actively pursuing the establishment of a comprehensive regulatory framework to govern virtual assets, signaling a strategic move to attract crypto businesses and investors.
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Apollo Joins DeFi Growth with Significant Morpho Token Acquisition
Financial titan Apollo is expanding its presence in the digital asset space through a substantial investment in Morpho, aiming to bolster decentralized finance credit markets.
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Aave Founder Proposes $50T 'Abundance Asset' to Fund Future Tech
Aave founder Stani Kulechov envisions on-chain lending fueling a $50 trillion 'abundance asset' boom, accelerating development in solar, energy storage, and robotics by financing future-proof innovations.
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Metaplanet's Profit Soars, Bitcoin Holdings Impact Valuation
Metaplanet anticipates an 81% surge in operating profit by 2026, building on last year's remarkable 17-fold increase. The company has also reported significant non-cash losses tied to its Bitcoin holdings.
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Russia Faces $129 Billion Annual Crypto Market Oversight Gap
Russia's deputy finance minister has highlighted a significant annual cryptocurrency market volume of approximately $129 billion that operates outside official oversight, urging for enhanced regulation.
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Bitcoin Faces Potential Worst Q1 Since 2018 Amidst February Losses
Bitcoin is on track for its worst first quarter since 2018, with significant losses accumulating through February. This marks a notable downturn for the flagship cryptocurrency.
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Bitcoin Dips Below $68,000 Amidst Macroeconomic Uncertainty
The cryptocurrency market is experiencing significant downturns, with Bitcoin falling below the $68,000 mark as traders await key economic data releases.
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Animoca Brands Obtains Dubai License for Middle East Expansion
Animoca Brands has secured a crypto asset license from Dubai's Virtual Assets Regulatory Authority (VARA), enabling it to offer services to institutional and qualified investors in the region.
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Animoca Brands Secures Dubai License for Digital Asset Operations
Animoca Brands has obtained a key license from Dubai's Virtual Assets Regulatory Authority (VARA), enabling the company to offer a range of digital asset services within the emirate.
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OKX Secures Maltese License for EU Stablecoin and Crypto Card Growth
OKX has obtained a Payments Institution license in Malta, positioning the crypto exchange for expanded stablecoin and crypto card services across the European Union ahead of upcoming regulatory deadlines.
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