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21Shares Files for Hyperliquid ETF Approval
HIGH
21Shares seeks SEC approval for a Hyperliquid ETF, expanding institutional interest in crypto beyond Bitcoin and Ethereum.
💡 Learn:
An ETF is a type of investment fund that trades on stock exchanges, similar to stocks. It holds assets like cryptocurrencies, allowing investors to buy into the fund without owning the underlying asset directly.
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Fed Cuts Rates, Impacts Bitcoin Markets
HIGH
The Federal Reserve cut interest rates by 25 basis points, influencing market dynamics as investors may shift to high-risk assets like Bitcoin.
💡 Learn:
A basis point is one-hundredth of a percentage point. For example, a rate cut of 25 basis points means the interest rate was reduced by 0.25%.
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Bitcoin Hyper: A New Layer-2 Solution
MED
Bitcoin Hyper introduces a scalable Layer-2 solution, enhancing Bitcoin's transaction speed and enabling smart contracts.
💡 Learn:
Layer-2 solutions are secondary frameworks built on top of a blockchain to increase transaction speed and scalability, allowing more transactions to be processed without congesting the main network.
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France Chooses Bitcoin Over CBDC
MED
France's National Assembly blocks the ECB's digital euro, signaling a preference for Bitcoin and stablecoins.
💡 Learn:
A CBDC is a digital form of a country's fiat currency issued by the central bank, designed to enhance payment systems and reduce reliance on cash.
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