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New crypto token issuance grew by over 12-fold, with analysts warning of diluted investor capital and “disjointed” price action. Go to Source

Insider wallets started cashing out just three hours after the token was launched, erasing over $4 billion from its market capitalization. Go to Source

Brent Kovar allegedly attracted investors to the Ponzi scheme through a YouTube video and PowerPoint presentation, promising annual returns of 15% to 30%. Go to Source

The SEC has requested an additional 28 days to review Coinbase’s appeal in their legal battle that has been ongoing since June 2023. Go to Source

Asset manager Grayscale plans to introduce staking to its spot Ether ETFs but says it will not guarantee or promote any specific level of returns to investors. Go to Source

This week’s business newsletter explores Goldman Sachs’ U-turn on digital assets after the investment bank purchased Bitcoin and Ether ETFs. Go to Source

El Salvador aims to become LATAM’s crypto Silicon Valley, but these aspirations hinge on better relations with US banks. Go to Source

According to an analysis from VanEck, US states with pending strategic reserve legislation could drive $23 billion of demand for Bitcoin. Go to Source

Soaring crypto trading volumes drove higher-than-expected revenues and profits for the exchanges. Go to Source

Bitcoin price faces pressure as $651 million in spot BTC ETF outflows lead traders to focus on the $95,000 support. Go to Source