🇫🇷 The second-largest bank in France, Groupe BPCE, is set to launch cryptocurrency trading services for its 35 million users.
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🇸🇻 President of El Salvador, Nayib Bukele, has increased daily BTC purchases, aiming to acquire an additional 20 000 BTC.
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🇱🇺 Luxembourg has passed a new blockchain law that simplifies the process of issuing digital investment funds.
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🇺🇸 Donald Trump has appointed former football player Bo Hines as the head of the U.S. "Crypto Council."
Previously, Trump named David Sacks, a former PayPal executive, as the "Crypto King."
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Previously, Trump named David Sacks, a former PayPal executive, as the "Crypto King."
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🗽 Peter Schiff, one of the most prominent critics of Bitcoin, has proposed the idea of launching a national cryptocurrency for the United States. In his view, instead of building strategic reserves in Bitcoin, the country could significantly save by creating its own digital asset, “USAcoin.”
Schiff suggested limiting the supply of USAcoin, similar to Bitcoin, but integrating an enhanced blockchain. This would provide the new cryptocurrency with high functionality, making it suitable for everyday payments.
@DeCenterOrg
Schiff suggested limiting the supply of USAcoin, similar to Bitcoin, but integrating an enhanced blockchain. This would provide the new cryptocurrency with high functionality, making it suitable for everyday payments.
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ATOM, the project's native token, is showing one of the worst performances. When BTC was priced at $16 000, ATOM traded at $10, but now its value has dropped to $6.8.
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🛰️ Elon Musk's SpaceX uses stablecoins to hedge against currency risks. The company accepts payments for its Starlink satellite internet service from clients in so-called "long-tail countries" and converts these payments into stablecoins.
SpaceX then converts the stablecoins back into US dollars.
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SpaceX then converts the stablecoins back into US dollars.
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❄️ Tether has frozen another address holding 13 144 000 USDT on the Ethereum blockchain.
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⚒️ Despite a significant 110% increase in BTC price in 2024, only 7 out of 25 publicly traded mining companies turned a profit.
Since the launch of the Bitcoin network, miners have collectively earned over $71 billion. However, their revenues are halved every four years due to halving events, making mining an increasingly challenging business.
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Since the launch of the Bitcoin network, miners have collectively earned over $71 billion. However, their revenues are halved every four years due to halving events, making mining an increasingly challenging business.
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🇹🇷 A law has been passed in Turkey requiring users to provide identification data to cryptocurrency services for transactions exceeding $425.
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🇰🇷 South Korea is experiencing a real cryptocurrency boom:
🔴 15.6 million people, or 45% of the economically active population, already own cryptocurrencies.
🔴 The number of crypto investors is growing by approximately 100 000 people every month.
🔴 Residents of the country hold digital assets worth $69 billion, with the average investor’s portfolio amounting to $4 400.
🔴 South Korea’s top 5 exchanges handle daily trading volumes of up to $10 billion, nearly catching up with the KOSDAQ stock market.
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🇸🇻 El Salvador's President Nayib Bukele plans to visit Russia in 2025, with Bitcoin likely to be the main topic of discussion.
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Previously, a similar reduction in reserves preceded a 90% increase in BTC price in March.
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🇺🇸 Spot Bitcoin ETFs ended a four-day streak of outflows, attracting $475 million during yesterday's trading session in the US.
Ethereum funds received $117 million yesterday.
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Ethereum funds received $117 million yesterday.
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