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Why U.S. Government Buying Bitcoin Isn't a Positive Development While the idea of the United States government purchasing Bitcoin and other cryptocurrencies might seem like a cause for celebration among crypto enthusiasts, there are those who believe otherwise. I'm part of the minority who sees
Crypto Tokens Take a Unexpected Hit Sharp Decline in Major Cryptocurrencies On Tuesday, notable cryptocurrencies such as Cardano's ADA, XRP, and Solana's SOL experienced a steep decline of 21%. This drop wiped out the gains they achieved from a recent upswing driven by an announcement from
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Bitcoin Futures Gap Closed Following Significant Price Surge The gap in bitcoin's (BTC) CME futures that captured significant attention has been completely closed, just a day after an unprecedented increase in opening and closing prices. This development may be paving the way for the cryptocurrency's next
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Bitcoin's Prospects Linked to Nasdaq Trends Bitcoin's Prospects Linked to Nasdaq Trends The future of bitcoin's recovery is deeply connected to the Nasdaq's performance, as noted by the research service Ecoinometrics on Monday. A robust upward trend in the Nasdaq is crucial,
Blockstream's New Investment Ventures Blockstream Unveils New Investment Funds In recent news, Blockstream, known for its contributions to Bitcoin development, is set to introduce three new investment funds. The company's announcement on Tuesday highlights a focus on crypto lending among its offerings. Investment Focus The first
SBI VC Trade Gains Approval to Distribute Stablecoins in Japan A significant milestone has been achieved by SBI VC Trade, a subsidiary of SBI Holdings, as it secures the status of an Electronic Payments Provider in Japan. This pivotal approval has been granted under the new framework set out by
Tracing Stolen Funds from Bybit Hack A recent incident involving the theft of funds from the crypto exchange Bybit has left over 77% of the stolen assets traceable. However, approximately 20% of the digital money has disappeared and cannot currently be followed, as reported by the CEO, Ben Zhou. On
Canary Capital's New ETF Filing Canary Capital Plans Axelar ETF Canary Capital, led by Steven McClurg, intends to introduce an exchange-traded fund (ETF) that will track Axelar's (AXL) market value. McClurg, who previously helped establish Valkyrie Funds, continues to make strides in the digital asset investment
Major Developments in Recent Tech Innovation The technology sector is undergoing rapid transformations with several groundbreaking advancements emerging. These innovations are set to redefine how various industries operate and impact daily life. AI and Robotics Leading the Charge Artificial intelligence, alongside robotics, continues to evolve, bringing more efficient solutions to
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Bitcoin Price Activity and CME Futures Gap Bitcoin Price Fluctuations Affect CME Futures Bitcoin has recently experienced a 12% decrease, which has had a notable impact on the CME bitcoin futures chart. This adjustment has effectively closed the latest gap that emerged due to the closure of the exchange over
Taurus Expands to Turkey Taurus Extends Services to Turkish Financial Sector In a significant expansion move, cryptocurrency custody company Taurus has launched its services in Turkey. Among its notable clients are Deutsche Bank and State Street. Taurus has initiated custody offerings with BankPozitif, located in Istanbul. This collaboration marks the
White House Crypto Summit Prominent Crypto Leaders to Attend White House Summit This Friday, leaders from prominent cryptocurrency firms such as Coinbase, Chainlink, and Exodus are set to attend the inaugural White House crypto summit under U.S. President Donald Trump's administration. Key Industry Attendees Confirmed participants include