Bitcoin price will benefit from rising hashrate, US inflation fears and crypto-friendly presidency
Bitcoin’s upcoming price recovery will be driven by a handful of unique factors.
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US Treasury sued for giving Elon Musk’s DOGE access to sensitive info
The US Treasury was accused of unlawfully allowing Elon Musk and his government efficiency organization access to millions of Americans’ personal and financial data.
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JPMorgan reports holding shares of several spot Bitcoin ETFs
The largest bank in the U.S. with $2.6 trillion in assets reported to the SEC that it had purchased roughly $760,000 worth of shares of Bitcoin ETFs.
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South Korea’s ruling party proposes to delay crypto tax to 2028
If the new proposal is approved, implementing the crypto gains tax in the country will be delayed by nearly seven years from its original schedule.
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Cardano’s Plomin hard fork sets stage for full decentralized governance
Cardano’s Plomin hard fork brings full decentralized governance, giving ADA holders voting power over key blockchain decisions.
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Next Bitcoin Halving May Not Lead to Bull Market, Says Bitmain CEO
Jihan Wu, co-founder and CEO of Chinese mining giant Bitmain, believes the next Bitcoin (BTC) block reward halving may not lead to a bull market, but the coin’s price will grow in the long term.According to Chinese industry news outlet 8BTC’s report published on Oct. 11, Wu made his remarks during the World Digital Mining…
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Coinbase Not Currently Investing in Decentralized Exchange Sector, Executive Confirms
United States cryptocurrency exchange Coinbase is not planning to launch a decentralized exchange (DEX), a senior executive told cryptocurrency news media outlet The Block in an interview on May 29.Speaking on a range of topics around Coinbase’s activities, Emilie Choi, the company’s vice president of Business, Data & International, said that despite acquiring P2P platform…
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Bitcoin trader say BTC headed toward $125K by New Year’s Even based on ‘Bayesian probability’
Bitcoin (BTC) price entered a strong price discovery phase for the first time since December 2020, after its weekly chart closed above $80,000. BTC’s bullish structure has transpired from a short-term to a long-term outlook, and multiple analysts believe that an assortment of six-figure price targets will be attained sooner than later. Bitcoin could reach
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Weekly roundup: Ark Invest, Edge Wealth Management, and Rothschild Investment accumulate crypto
Cathie Wood's Ark Invest purchased more than 450,000 GBTC shares in two separate buys this week. 154 Total views 1 Total shares As the price of Bitcoin returned to more than $32,000 this week, some major firms announced they had increased their exposure to cryptocurrencies through Grayscale’s crypto trusts.According to a Friday filing with the…