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Author: Crypto News Bot

Crypto firm 7RCC applies for spot Bitcoin ETF with an eco-friendly twist

7RCC, a company that “specializes in developing solutions for ESG-conscious investors,” has applied for a spot Bitcoin ETF that provides a carbon-neutral investment option in the crypto space. According to the application filed with the United States Securities and Exchange Commission (SEC), the ETF will focus on catering to investors who adhere to environmental…

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Traders Speculate on Substantial Price Surge Following Avalanche News; Polkadot and Pullix (PLX) May Follow Suit.

The following content does not constitute the opinion of BeInCrypto and should not be construed as financial advice Avalanche (AVAX) had an amazing week, achieving gains of 50% and securing the 9th position in terms of market capitalization on the top 100 list. This sudden price movement has led traders to speculate if Pullix (PLX)

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Gaming Blockchain Ronin (RON) Witnesses ‘Staggering’ Surge in Active Addresses in November: Nansen

Market intelligence firm Nansen says that Ronin (RON), a gaming-focused Ethereum (ETH) sidechain, witnessed a “staggering” surge in address activity last month. Nansen notes that Ronin clocked 464,000 active addresses in November, a 368% increase from the previous month and the largest percentage gain among all chains…

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Grayscale mulls over potential tax implications for spot Bitcoin ETFs

Grayscale is evaluating the possible tax consequences associated with spot Bitcoin BTC $42,882 exchange-trade funds (ETF), prompted by inaccurate reports circulating about unfavorable tax implications. In a series of posts on X (formerly Twitter), Grayscale clarifies that retail investors of the Grayscale Bitcoin Trust (GBTC) are not expected to incur tax implications when the fund

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