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Petro Era Ends: Venezuela Dismantles State-Backed Cryptocurrency

Venezuela’s ambitious cryptocurrency experiment, the Petro, launched with fanfare in 2018, has finally met its demise After six years of struggling to gain traction amidst skepticism, technical
Blockchain

Blackrock CEO Larry Fink on Bitcoin: I’m a Big Believer — Its Bigger Than Any Government

Larry Fink, the CEO of Blackrock, the world’s largest asset manager, says he has become “a big believer” in bitcoin, emphasizing that it is “bigger than any government” Calling the
Blockchain

US Lawmaker Expects Donald Trump to Become ‘a Lot More’ Crypto Friendly in Second Term as President

US Representative Tom Emmer expects former US President Donald Trump to become “a lot more” friendly toward cryptocurrency if he returns to the White House Trump has launched three
Blockchain

Blackrock’s Spot Bitcoin ETF Now Holds 11,439 BTC

Blackrock’s spot bitcoin exchange-traded fund (ETF) has acquired 11,439 bitcoin, with a market value of nearly $500 million, within two days of trading on the Nasdaq stock exchange
Blockchain

Binance and Coinbase Hold 11% of Crypto Economy’s Net Value, Leading in BTC and ETH Reserves

Statistical data reveals that Binance and Coinbase, two titans in the cryptocurrency exchange arena, cumulatively possess 1185% of the $168 trillion digital currency economy In addition, these
Blockchain

XRP Takes A Hit As It’s Dropped From Hong Kong’s Top 5 Crypto Index

XRP has taken a significant hit in its Hong Kong Virtual Asset Consortium (HKVAC) has announced the official delisting of the token, from the top five global large cryptocurrency index  HKVAC
Blockchain

Solana Is Not Done: Analyst Identifies Bull Flag That Will Trigger Massive Rally Above $150

Solana (SOL) could well be on course to continue its remarkable run from 2023, going by a recent analysis by crypto analyst Ali Martinez The analyst laid out a certain condition that could see SOL
Blockchain

$311 Million in NFT Sales Amidst Fluctuating Blockchain and Collection Performances

In the last week, the non-fungible token (NFT) market experienced unremarkable sales, totaling $31131 million This figure represents a slight uptick of just 005% from the previous week Despite this,
Blockchain

Here Are The Reasons Bitcoin Price Could Drop To $37,000 Before The Halving

The price of Bitcoin has been on a massive bullish momentum since the approval and launch of Spot Bitcoin ETFs However, a crypto analyst, Jason Pizzino, predicts a temporary halt in the growing
Blockchain

Across-the-Board Crypto Stock Declines Erode Earlier Profit Streaks

Although spot bitcoin exchange-traded funds saw substantial trading activity on Thursday and Friday, publicly-listed crypto companies faced a different fate, with several equities experiencing
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Analyst Discusses Bitcoin Price Path To Heighten Fear Factor

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MilkyBull, a well-known personality in the world of cryptocurrency analysis, has drawn attention lately for his analysis of Bitcoin’s price trajectory and his prediction of a situation that

Crypto trader loses $70.5 million in address poisoning scam, highest recorded yet

Blockchain 0
Blockchain security firm Cyvers Alert reported that an unnamed crypto trader lost 1,155 Wrapped Bitcoin (WBTC), equivalent to $705 million worth, to address poisoning The firm said: “Are we

Bitcoin’s Rally to $62,000 Triggers $26.65 Million Short Squeeze in 4 Hours

Blockchain 0
After reaching a low of $56,500 on April 30, bitcoin climbed to a peak of $62,109 by Friday, May 3, in response to the previous downturn This uptick resulted in the liquidation of $2665 million in

Standard Chartered Bank Analysts Sound Warning Alarm: Bitcoin Price Can Still Drop To $50,000

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Leading international cross border bank, Standard Chartered has predicted steep price declines for Bitcoin, foreseeing a pessimistic future outlook for the pioneer cryptocurrency amidst broader

Edward Snowden Delivers ‘Final’ Bitcoin Warning: Here’s Why

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Edward Snowden, the well-known whistleblower, reiterated his long standing concerns about Bitcoin’s privacy features, or the lack thereof in a recent post on X Snowden’s latest comments
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