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🚀 WisdomTree Prime, a digital asset app, has launched in New York, allowing users to save, spend, and invest in digital assets like Bitcoin and Ethereum. Despite the CEO's push into decentralized finance (DeFi), the firm's largest shareholder has expressed concerns, urging investors to vote against the CEO's reappointment. The app, which operates under the New York Banking law, uses the Stellar and Ethereum blockchains. What are your thoughts on this move into DeFi? Let's discuss in the comments! 💬

🚀 WisdomTree Prime, a digital asset app, has launched in New York, allowing users to save, spend, and invest in digital assets like Bitcoin and Ethereum. Despite the CEO's push into decentralized finance (DeFi), the firm's largest shareholder has expressed concerns, urging investors to vote against the CEO's reappointment. The app, which operates under the New York Banking law, uses the Stellar and Ethereum blockchains. What are your thoughts on this move into DeFi? Let's discuss in the comments! 💬

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📣Crypto Market Update: Volatility rocked the crypto market on Thursday as traders awaited a U.S. regulatory decision on spot-based ether ETFs. ETH prices tumbled to $3,500 before surging to nearly $3,900, eventually settling above $3,800. Bitcoin also experienced a rollercoaster ride, dipping to the low-$66,000s, then spiking to $68,300 before settling below $68,000. Despite the turbulence, ETH outperformed BTC, advancing 1.5% over the past 24 hours, while BTC declined almost 3%. The day also saw over $350 million in liquidations across all leveraged crypto derivative positions, the highest since May 1. The majority were long positions, indicating over-leveraged traders were caught off-guard by the sudden price drop. What's your take on this market volatility? Share your thoughts below! 👇
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📣 Big news in the crypto world! The SEC has approved 19b-4 forms filed by issuers looking to launch a spot ether exchange-traded fund (ETF). This is a crucial step towards bringing the fund to market. However, it's not a done deal yet. The SEC still needs to approve S-1 forms, which are necessary for publicly offering new securities. Potential issuers include heavyweights like BlackRock, Fidelity, Grayscale, VanEck, Franklin Templeton, Ark/21Shares, and Invesco/Galaxy. While the approval of 19b-4 forms suggests regulators are open to a spot ether ETF, it doesn't guarantee the final approval of S-1 forms. There's likely to be a gap before these ETFs begin trading, possibly measured in weeks or even months. This development sent a shock wave through the industry, especially as the odds of approval seemed low due to the lack of engagement from the regulator in recent weeks. What are your thoughts on this? Do you think we'll see a spot ether ETF in the near future? Let's discuss in the comments! 💬
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🚀 Big news for the crypto world! The U.S. House has passed the Financial Innovation and Technology for the 21st Century Act (FIT21), marking a significant milestone for crypto-focused legislation. If approved by the Senate, this bill could set up a regulatory framework for digital assets. However, not everyone is thrilled. Critics argue that the bill merely sanctions activities already happening in the industry and may lead to unnecessary interference in free markets. What do you think? Is this a step forward for crypto or a potential hindrance? Let's discuss below! 👇
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📣 U.S. House of Representatives votes to block Federal Reserve from issuing a central bank digital currency (CBDC), citing concerns of potential control over Americans. The CBDC Anti-Surveillance State Act, introduced by Majority Whip Tom Emmer (R-Minn.), received support from 213 Republicans and three Democrats, while 192 Democrats voted against it. This comes after the House's landmark vote for the Financial Innovation and Technology for the 21st Century Act (FIT21), a crypto market structure bill. Despite these developments, both bills face uncertain futures in the Senate. What are your thoughts on these legislative moves? 💭👇
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🚀 Blockchain technology is evolving, but is its user base keeping pace? As the crypto industry matures, it's time to examine the impact of its vocal online community. Critics and influencers are shaping perceptions, influencing decisions, and driving market trends. But are they helping or hindering progress? While platforms like Telegram and Discord have become vital for Web3 projects, they're also breeding grounds for trolls. Yet, constructive criticism can spur innovation and collaboration. One solution? Virtual AMA sessions where project leaders engage directly with their audience, addressing concerns and showcasing value. As crypto moves towards mainstream adoption, it's crucial to foster trust and transparency. So, what's your take on the role of critics and influencers in the crypto space? Share your thoughts below! 👇
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