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- Cryptocurrencies , Regulation and Legal Issues
- November 21, 2024
- 640 views
First White House Crypto Role: Trump Explores New Crypto Policy
President-elect Donald Trump’s transition team is actively considering the creation of a dedicated White House role focused on cryptocurrency policy, marking a significant shift in the U.S. government’s approach to digital assets. This potential position, often referred to as a “crypto czar,” would be the first of its kind and aims to coordinate policies across various federal agencies, including the Securities and Exchange Commission (SEC) and the Commodity Futures Trading Commission (CFTC) . Background on Trump’s Shift to Crypto…
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GlobalTechnoNews
- Blockchain Technology , Cryptocurrencies
- November 19, 2024
- 303 views
Bitcoin Breaks Records: Crypto Billionaires Rejoice
Bitcoin has surged past $90,000, marking a historic milestone and propelling the total value of digital assets to over $3.2 trillion. This unprecedented rise has significantly boosted the wealth of crypto billionaires. According to Forbes, the 11 wealthiest individuals in the crypto world collectively increased their net worth by $38 billion in 2024 alone. Key Players and Their Gains Michael Saylor, MicroStrategy Chairman Michael Saylor has emerged as the biggest winner in percentage growth. His company, MicroStrategy, holds the…
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- Cryptocurrencies
- November 11, 2024
- 302 views
Trump Launches New Cryptocurrency Platform: World Liberty Financial
Donald Trump, former President of the United States, has launched a new cryptocurrency platform called World Liberty Financial. This move marks his entry into the digital finance world, as he invites the public to explore investment opportunities in cryptocurrencies. Although initially skeptical of digital assets, Trump shared that his children encouraged him to embrace this emerging market. Read more about cryptocurrency trends here. Token Structure and Allocation in World Liberty Financial The newly established World Liberty Financial platform has…
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- Blockchain Technology , WEB 3.0 and Blockchain
- October 28, 2024
- 249 views
BlackRock CEO Larry Fink on Bitcoin: Calls it an International Asset
Bitcoin as an International Asset BlackRock CEO Larry Fink on Bitcoin recently made headlines when he referred to it as an “international asset.” His statement comes as BlackRock is seeking approval for a spot Bitcoin Exchange-Traded Fund (ETF). According to Fink, Bitcoin offers a unique opportunity as a global asset, which could be valuable to investors. His comments, especially in the context of BlackRock’s ETF push, have gained significant attention in both institutional and retail markets. BlackRock’s Push for…
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- Cryptocurrencies
- September 19, 2024
- 545 views
Bitcoin After Fed Rate Cut: What’s Next for the Market?
After a recent Fed rate cut, Bitcoin surged to $62K, sparking interest among traders and investors. As expectations for further rate cuts grow, the cryptocurrency market is responding with mixed sentiments. Major cryptocurrencies like Solana (SOL), BNB, XRP, and Cardano (ADA) also saw significant gains, with SOL leading at a 6% increase. But what does this mean for Bitcoin after the Fed rate cut, and what are traders predicting? Impact of the Fed Rate Cut on Bitcoin and the…
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- Blockchain Technology , Cryptocurrencies
- September 18, 2024
- 630 views
Revolut Launches Its Own Stablecoin: A Quick Overview
Revolut has officially announced that it will launch its own stablecoin, marking a significant step in the evolving landscape of digital finance. As this innovative British fintech company enters the stablecoin market, it aims to provide users with a reliable alternative amid the volatility of cryptocurrencies. This exciting development comes as Revolut launches its stablecoin to reshape user experiences and expand its offerings in the crypto space. For further details on this announcement, you can read more about it…
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- Cryptocurrencies
- September 7, 2024
- 569 views
Bitcoin Falls to Lowest Level in a Month: What’s Behind the Decline?
After a brief rally following the U.S. jobs report, Bitcoin fell to its lowest level in a month, dropping below $54,000. This marks the largest cryptocurrency’s lowest value since August 5. Bitcoin initially surged to $57,000 but quickly erased those gains, falling by nearly 3% in the last 24 hours. Other major cryptocurrencies, including Ether (ETH), Solana (SOL), and Ripple’s XRP, also recorded losses of 2%-4%. The CoinDesk 20 Index fell by 2.7%, reflecting the overall instability in the…
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- Blockchain Technology
- August 27, 2024
- 182 views
The Crypto Bull Market Creates 88K New Millionaires in 2024: Henley Global
The recent cryptocurrency bull market has generated more than 88,000 new crypto millionaires and six new crypto billionaires in 2024, according to a report by New World Wealth and Henley & Partners. Among the six new billionaires, five achieved their wealth through bitcoin investments. Globally, there are now 172,000 individuals holding over $1 million worth of cryptocurrency, representing a 95% increase from last year. This surge follows a market upswing that saw bitcoin (BTC) reach a record high of…
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- Blockchain Technology , Cryptocurrencies
- August 10, 2024
- 126 views
Solana ETFs ‘Inevitable’ in US After Brazil Approval, Says VanEck Exec
Solana has emerged as the next major target for spot ETF issuers in the United States. After the successful launch of Bitcoin and Ethereum spot ETFs, multiple fund providers have identified Solana as the next big opportunity and have filed to offer such crypto ETFs. This week’s approval of a Solana ETF in Brazil has sparked speculation that a U.S. counterpart is inevitable, but the timeline remains uncertain. Brazil Leading the Way Brazil has taken the lead in the…
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