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Trump vs. Powell: Can the US President Really Fire the Fed Chair?

Trump Holds $5.43M in Crypto as Portfolio Sees a Decline

Trump holds a cryptocurrency portfolio currently valued at $5.43 million as of the time this information was gathered. Despite recent market highs, this marks a significant decline from its peak valuation in June. Trump Embraces Cryptocurrency in Office Trump is set to become the first U.S. President to openly support cryptocurrency, signaling a stark shift […]

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Coinbase Will Stop Trading Wrapped Bitcoin (WBTC)

Coinbase Will Stop Trading Wrapped Bitcoin (WBTC)

Due to the cryptocurrency’s failure to meet listing requirements, Coinbase has declared that it will stop trading Wrapped Bitcoin (WBTC) on December 19, 2024, for unspecified reasons. This choice, which Coinbase announced in a post on X on November 19, demonstrates the company’s dedication to regularly checking its listed assets to make sure they adhere […]

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Decentralized Wealth: A Paradigm Shift in Wealth Creation

Decentralized Wealth: A Paradigm Shift in Wealth Creation

Throughout history, groundbreaking technologies have reshaped economies and produced extraordinary wealth. The Industrial Revolution gave rise to magnates, while the internet boom produced tech billionaires like those behind Amazon and Google. Today, blockchain is leading a similar revolution—but with a far broader reach. Unlike traditional industries, cryptocurrency represents a reimagining of how money, trust, and […]

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Global Interest in Bitcoin Reserves Sparks Bullish Outlook

Global Interest in Bitcoin Reserves Sparks Bullish Outlook

Bitcoin is gaining traction as countries consider it for national reserves. Nations like the U.S., Brazil, Poland, and Russia are exploring its potential to diversify assets. In the U.S., Senator Cynthia Lummis has proposed a bold plan. It suggests buying 200,000 Bitcoins yearly for five years to strengthen the nation’s financial position. Ready for $150,000 […]

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Chainlink Gains Bullish Momentum with Optimism Collaboration

Chainlink Gains Bullish Momentum with Optimism Collaboration

Following integrating its tools with Optimism’s OP Mainnet, LINK is poised for expansion. Services like Chainlink Data Streams, Functions, and Verifiable Random Function (VRF) are part of this collaboration. To promote blockchain innovation and adoption, Optimism has also joined the Chainlink SCALE program. The OP Mainnet provides scalability while utilizing Ethereum’s security. OP Mainnet has […]

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Report: ENS Identity System Embarks on Layer-2 Blockchain Revolution

ENS Identity System Embarks on Layer-2 Blockchain Revolution

The Ethereum Name Service (ENS), known for revolutionizing blockchain identity management, is taking a groundbreaking step by developing its layer-2 blockchain network, Namechain. Set to launch by the end of next year, this advancement aims to transform the scalability and affordability of blockchain interactions while maintaining Ethereum’s robust security. A blockchain-based equivalent of the internet’s […]

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Why the Big Players Are Betting on Bitcoin?

Why the Big Players Are Betting on Bitcoin?

The cryptocurrency market has seen its fair share of volatility, but if there’s one trend that should inspire investor confidence, it’s the unwavering commitment of publicly listed companies to add Bitcoin to their balance sheets. Despite market dips and uncertainties, these corporate giants are making bold moves, showcasing their faith in Bitcoin’s long-term potential. MicroStrategy […]

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Glassnode Highlights Key Factors Behind Bitcoin's Bullish Outlook

Glassnode Highlights Key Factors Behind Bitcoin’s Bullish Outlook

Glassnode, a blockchain analytics firm, forecasts a bullish trend for Bitcoin. The cryptocurrency is likely to reach $100,000, though momentum might slow after this milestone. Long-term holders (LTH), a key investor group, are selling for profits. Glassnode’s Spending Binary Indicator tracks their sell-side activity. It shows increased distribution, with asset balances dropping in 11 of […]

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BRICS Summit 2024: Key Developments in a New Payment System

BRICS Summit 2024: Key Developments in a New Payment System

At the recent BRICS summit in Kazan, Russian Finance Minister Anton Siluanov introduced details of a groundbreaking payment system that could position itself as an alternative to SWIFT, the global interbank messaging network. This initiative reflects a shift in BRICS countries—Brazil, Russia, India, China, and South Africa, with new members including Egypt, Ethiopia, Iran, Saudi […]

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