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Crypto ETPs see $1.7B in outflows, longest streak since 2015

Cryptocurrency exchange-traded products (ETPs) continued seeing massive selling last week, recording the fifth week of outflows in a row, with $1.7 billion leaving the market.  After seeing slightly softened outflows of $876 million in the previous week, crypto ETP liquidations accelerated during the past trading week, bringing the total five-week outflows to $6.4 billion, CoinShares…

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Not every AI agent needs its own cryptocurrency: CZ

Artificial intelligence agents need to prioritize their intrinsic utility, not the launch of their in-house native tokens to raise funds. AI agent-related tokens have significantly declined over the past month, as their cumulative market capitalization decreased by over 21% to the current $27 billion, according to CoinMarketCap data. While their continued decline may be part…

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CAKE price soars 15% as PancakeSwap overtakes Uniswap by daily trading volume

PancakeSwap’s native token CAKE surged 15% as the trading platform overtook other decentralized exchanges in daily trading volume, reaching $1.64 billion. PancakeSwap saw its native token (CAKE) surged 15% as the platform became the most active decentralized exchange by daily trading volume. Data from analytics platform DefiLlama shows that PancakeSwap recorded $1.639 billion in 24-hour…

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XRP Keeps Outperforming ETH in Key Metric

The fully diluted valuation (FDV) of the Ripple-linked XRP token has now remained above that of Ethereum (ETH) for several days.  The FDV metric takes into account both circulating and locked tokens. XRP would be above ETH in a hypothetical scenario where all tokens get released at current prices. That said, XRP is still not…

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Cointelegraph Bitcoin & Ethereum Blockchain News

Beware of various forms of cryptocurrency scams Cryptocurrency scams can manifest in various forms, often preying on the lack of regulation and the complexity of blockchain transactions.  You must be aware of common tactics used in cryptocurrency scams. These include: Phishing scams: Attackers send fraudulent emails or messages that mimic legitimate cryptocurrency platforms. Victims may…

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Why Millions Of Americans Are Tapping Their 401(k) Savings Early

Why Millions Of Americans Are Tapping Their 401(k) Savings Early

Why Millions Of Americans Are Tapping Their 401(k) Savings Early A growing share of Americans are dipping into their retirement nest eggs to handle immediate financial challenges, underlining the economic strain many households are experiencing despite strong employment figures. Last year, 4.8% of 401(k) account holders took early withdrawals for hardship reasons like paying medical…

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