Recent disclosures were made through fillings by the United States Securities and Exchange Commission (SEC) which have unveiled the holdings of Spot Bitcoin (BTC) ETFs by JPMorgan Chase and Wells Fargo, two prominent banks in the United States.

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Bitcoin (BTC) experienced a sudden drop in price, decreasing by 3.5% within a day, while many major alternative cryptocurrencies fared even worse.

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Binance, one of the leading cryptocurrency exchanges globally, faces scrutiny following a report by The Wall Street Journal which disclosed that the exchange dismissed its chief investigators subsequent to their claims regarding wash trading involving a prominent VIP client, DWF Labs.

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Chainalysis, the platform specializing in blockchain intelligence, has inaugurated its headquarters for Southern Europe, the Middle East, Central Asia, and Africa in Dubai. 

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The bill previously passed by the United States House of Representatives overturns contentious guidance by the United States Securities and Exchange Commission (SEC) that restricts ownership of cryptocurrencies within banks.

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Charles Hoskinson, the founder of Cardano (ADA), recently hinted at a potential collaboration between Cardano and Bitcoin Cash (BCH). He highlighted the significance of this alliance for Bitcoin Cash, positioning it ahead of networks like Bitcoin (BTC).

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CryptoPunks maintained its market dominance, achieving the highest daily sales volume for the second consecutive day this Wednesday.

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It has been an incredible week for companies around the globe in terms of securing funding to fuel their growth and innovation. Here are some of the latest investment highlights between April 30 - May 6.

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