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President Donald Trump shared a viral video titled “greatest Bitcoin explanation of all time” on Truth Social, posting a 2018 Senate testimony by Peter Van Valkenburgh of the Coin Center, which describes Bitcoin as a revolutionary, decentralized payment system that protects user privacy and removes middlemen. The viral video explains Bitcoin’s fundamental properties and potential…
Robert Kiyosaki has warned users of an imminent Bitcoin market collapse, calling it “good news.” He said that the current bubble is about to start busting. “When bubbles bust odds are gold, silver, and Bitcoin will bust too,” he wrote on X. BUBBLES are about to start BUSTING. When bubbles bust odds are gold, silver,…
Conflux Network, a Chinese Layer 1 blockchain, is preparing to roll out a major network upgrade while stepping into the stablecoin arena with a yuan-pegged digital currency designed for international use. Key Takeaways: Conflux Network is launching a yuan-pegged stablecoin to support cross-border BRI payments. The upcoming Conflux 3.0 upgrade aims to boost network speed…
Cardano founder Charles Hoskinson says an audit of Input Output Global’s (IOG) ADA holdings is nearly ready for public release, with plans to livestream the full report once finalized. Key Takeaways: Charles Hoskinson says the audit of IOG’s ADA holdings is on track for a mid-August release. The audit follows serious allegations of $600M ADA…
The London Stock Exchange Group is considering whether to extend or even shift to 24-hour trading, as pressure mounts on traditional bourses to modernise in response to growing demand from retail investors and the global rise of crypto-style markets. The group is actively assessing the feasibility of longer trading hours, according to a Financial Times…
A key provision in the recently passed GENIUS Act aims to curb the influence of tech conglomerates and major financial institutions in the U.S. stablecoin market, according to Circle Chief Strategy Officer Dante Disparte. Key Takeaways: The GENIUS Act includes a clause that blocks Big Tech and banks from dominating the stablecoin market. Both non-banks…
The NFT market roared to life on Monday, jumping more than 20% in a single day, with total market cap rising from $5.1b to $6.3b. After months of stagnation, renewed interest in Ethereum-based collections appears to be driving the sudden revival. A major catalyst came in the form of a high-profile CryptoPunk sweep. According to…
Crypto exchange Tokenize Xchange will shut down its Singapore operations by Sept. 30, following the Monetary Authority of Singapore’s decision to reject its application for a digital payment token licence. The announcement, made on July 20, comes just over a year after the exchange raised $11.5m and revealed plans to expand its local team, local…
Bitcoin (BTC) experienced a potential deeper pullback during Asia trading hours on Monday, after consolidating near $117,000. The crypto is currently just below last week’s all-time high of $123,000 and is retracing, trading just above $118,000 at the time of writing. Bitcoin has displayed a bullish pennant pattern following a strong vertical rally to $123K….
Bitcoin remains stable near $118,500 while ETH surged nearly 4% to trade above $3,800 at one point before dipping to $3,760, buoyed by increasing institutional adoption. XRP, BNB, and Solana notched modest gains of more than 2%, joining a broader upswing across the altcoin market. XRP recently set a new all-time high, fueled by momentum…