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Bitcoin Nears $64,000: Can It Overcome the September Slump?

August 27, 2024
Bitcoin prices have surged recently, approaching the $64,000 mark, driven by two key catalysts. First, U.S. Federal Reserve Chairman Jerome Powell confirmed that a monetary easing cycle will begin next month. Second, pro-crypto candidate Robert F. Kennedy Jr. announced his support for fellow crypto-friendly candidate Donald Trump in the presidential...

Telegram Challenges French Detention of CEO Amid Widespread Tech Industry Support

August 27, 2024
Pavel Durov, CEO of social media platform Telegram, was detained over the weekend at a Paris airport, leading to significant controversy. Telegram has openly questioned the legitimacy of the French authorities’ actions. According to AFP, the 39-year-old co-founder was detained on Saturday at Le Bourget airport. The official reason given...

Renewed Interest: Bitcoin ETFs See Major Purchases, Market Confidence Rebounds?

August 2, 2024
After experiencing significant selling pressure over the past two months, U.S. regulated Bitcoin spot ETFs are witnessing a resurgence in fund inflows. This influx has led the largest cryptocurrency to rebound after hitting a six-month low of $53,500 on July 5. According to analysis from SoSo Value and Ecoinmetrics, despite...

UK Contemplating Bitcoin Sale Following Germany’s Lead? Market Faces Significant Pressure

July 20, 2024
Recent reports suggest that the UK may follow Germany’s lead in selling off Bitcoin holdings. The newly appointed Chancellor of the Exchequer, Rachael Reeves, is facing a critical decision: whether to sell a substantial portion of the UK’s Bitcoin assets to support her economic plans. This news has garnered widespread...

Trump to Include Bitcoin in U.S. Strategic Reserves? Rumors Spark Market Buzz

July 19, 2024
Recently, the cryptocurrency market has been abuzz with rumors that former U.S. President Donald Trump might announce Bitcoin as a strategic reserve asset. Dennis Porter, CEO of Satoshi Action Fund, revealed in a recent social media post that Trump is expected to make this significant announcement at the upcoming Nashville...

Jamie Dimon’s Changing Stance on Bitcoin Amid Speculation of Potential Treasury Nomination

July 18, 2024
Even as Wall Street began to embrace Bitcoin and cryptocurrency technology, Jamie Dimon, CEO of JPMorgan Chase, remained a vocal critic. In April, he labeled Bitcoin a “fraud” and a “Ponzi scheme,” stating that if he were a government official, he would “ban Bitcoin,” dismissing it as a “waste of...

Comprehensive Guide to the 2024 Bitcoin Conference: Keynote Speakers and Highlights Beyond Trump

July 17, 2024
The 2024 Bitcoin Conference is set to bring significant transformations to the Bitcoin community. This upcoming event is expected to be the largest of its kind, gathering the most influential leaders in the Bitcoin industry. Attendees will have a unique opportunity to network, learn, and contribute to shaping the future...

From “Hillbilly Elegy” to Vice Presidential Nominee: J.D. Vance and the Bitcoin Right-Wing Revolution

July 16, 2024
Former President Donald Trump has announced his choice of 39-year-old Ohio Republican Senator J.D. Vance, known for his pro-cryptocurrency stance, as his vice-presidential candidate. This strategic move aims to secure crucial votes in the swing state of Ohio. J.D. Vance, widely recognized as the author of the bestseller “Hillbilly Elegy,”...

Trump Assassination Shocks Market: Bitcoin Soars Back to $60,000

July 15, 2024
Despite experiencing significant price fluctuations in recent weeks, Bitcoin has successfully rebounded to the $60,000 price range. This recovery not only highlights Bitcoin’s market resilience but also reveals the investment trends of large investors, commonly referred to as “whales.” According to data from IntoTheBlock, Bitcoin whale activity has surged significantly...

Price Surge Incoming? CME Includes XRP in Crypto Benchmarks

July 14, 2024
On Thursday, the Chicago Mercantile Exchange (CME) announced a significant update: starting July 29, CME will include the XRP USD Reference Rate and Real-Time Index in its benchmark suite. This move positions XRP as a bridge asset in a market valued at approximately $1.2 trillion. Ripple’s CEO, Brad Garlinghouse, expressed...
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