Despite his recognition of crypto’s growth, Trump strongly advocated for the continued dominance of the US dollar as the global reserve currency. Former US President Donald Trump said that Bitcoin is an “additional form of currency” that has “taken on a life” of its own, and he has no intention of stopping people from using it. Trump made the…
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In Brief Arbitrum’s native cryptocurrency ARB witnessed a decline amidst anticipation surrounding two pivotal events. As investors brace for a major token unlock event, Arbitrum’s price performance has come under scrutiny. Notably, two whales offloaded approximately 3 million tokens, yielding a substantial profit of more than $3 million. Arbitrum, a prominent Layer-2 network built on…
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In Brief Billionaire investor Bill Ackman has revealed that he could purchase Bitcoin (BTC). He theorizes a scenario where a surge in Bitcoin’s price could lead to economic collapse. However, prominent figures in the crypto market have countered Ackman’s logic. American hedge fund manager and billionaire Bill Ackman has sparked a stir in the crypto…
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Smartphones and other mobile devices have made it easier for people to access and manage their funds and digital assets. However, new privacy concerns and security challenges arose with the increased over-reliance on smartphones for digital asset management. Bad actors have found new ways to infiltrate digital systems and commit fraud, damaging users financially. The SIM swap attack…
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Bridging the divide: The critical role of a unified interoperability standard in blockchain’s mass adoption journey. Undoubtedly, one of the prerequisites for the mass adoption of blockchain technology is secure and seamless cross-chain interoperability. Many potential applications, particularly in complex and regulated sectors, simply can not be deployed without common guidelines and interface definitions. Without…
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In Brief BlackRock’s iShares Bitcoin Trust ETF (IBIT) has swiftly amassed 196,065 BTC, surpassing MicroStrategy’s holdings. This milestone underscores the growing demand for spot Bitcoin ETFs, highlighting unprecedented BTC accumulation. Bitcoin’s pice briefly surged to a new all-time high of nearly $70,000 driven by the high demand for Bitcoin ETFs. BlackRock’s iShares Bitcoin Trust ETF’s…
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In Brief In the past 24 hours, Shiba Inu’s burn rate experienced an unprecedented surge, increasing by over 23,000%. Despite these significant burning activities, SHIB’s price saw a decline of more than 7% during the same period. Meanwhile, Shiba Inu lead developer Shytoshi Kusama is leading the crusade for BONE listing on Binance. Shiba Inu’s…
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Bitwise said it is in “serious due diligence discussions” with a variety of major financial and corporate entities interested in Bitcoin. Bitwise CIO Matt Hougan said that institutions “representing trillions of dollars in assets” are expected to start investing in spot Bitcoin ETFs by the second quarter. Hougan made the revelation in a weekly memo sent out to investors, parts…
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In Brief Shiba Inu price has noted a 271% rise over the past two weeks but has lost momentum over the last few days. Active deposits, which are the first signal of profit taking, are at their highest, suggesting SHIB holders might move to sell. About 46.32 trillion SHIB worth over $1.6 billion is on…
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In Brief BNB price is struggling to breach a two-year-old resistance level, which is crucial for securing the rally. The investors’ sentiment has also turned significantly negative owing to the lack of gains. The MVRV Z-Score highlights that BNB is nearly at the cusp of being overvalued, which will likely follow corrections. The BNB price…
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