Tag: news.bitcoin

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Justin Sun Advocates Supporting a Crypto-Friendly U.S. Presidential Candidate

TRON founder Justin Sun has made a public call to back a US presidential candidate favorable to cryptocurrencies Sun emphasizes the importance of recognizing the cryptocurrency community—including

Study: SRC20 Protocol’s ‘Unmatched Data Permanence’ Makes It a Superior Choice Over BRC20 and Runes

Although it may be undervalued at present, the SRC20 protocol distinguishes itself among protocols operating on the Bitcoin network due to its unmatched data permanence, a new report has claimed The

Microsoft Invests $70 Million in South Africa for AI Advancement

Microsoft South Africa (SA) has entered into a $705 million artificial intelligence (AI) investment agreement with the Southern African nation’s Department of Trade, Industry, and Competition

Latam Insights: Venezuela Seizes Over 11,000 Bitcoin Miners, Paraguay Cracks Down on Illegal Bitcoin Mining

Welcome to Latam Insights, a compendium of Latin America’s most relevant crypto and economic news during the last week In this issue: Venezuela seizes over 11,000 bitcoin miners to save energy,

Deadline Looms for Biden to Veto Congressional Overturn of SEC’s Crypto Rules

The deadline for President Joe Biden to decide whether to veto or sign a resolution overturning the US Securities and Exchange Commission (SEC)’s controversial crypto rules is approaching The

Brazilian CBDC Pilot Postponed to 2025 Due to Inefficiency of Privacy Solutions

The Central Bank of Brazil announced the postponement of the completion of the drex pilot, the Brazilian CBDC, due to the inefficiency of the privacy solutions presented for the project so far The

Hedge Funds Adopt Net Short Positions on BTC and ETH Futures, Kaiko Analysis Reveals

In a recent analysis by Kaiko, it has been found that hedge funds are currently holding net short positions on bitcoin (BTC) and ether (ETH) futures This strategic move reflects a cautious stance

Venezuelan Authorities Seize Over 6,000 Bitcoin Miners in 2 New Operations; Over 17,000 Confiscated In Total

Venezuelan authorities led by the National Power Ministry and Corpoelec, the state-owned power company, have seized over 6,000 bitcoin miners in two new operations The ministry, which recently

FDUSD Supply Shrinks by 29% Amid Stablecoin Supply Shifts

The stablecoin market has experienced modest growth over the past two weeks, with valuations increasing by approximately $590 million Among the top five US dollar stablecoins, Ethena’s USDE

Despite Ethereum ETF Approvals, ‘Altcoin Season’ Remains Far Off

While the US Securities and Exchange Commission (SEC) has approved several spot ethereum exchange-traded fund (ETF) 19b-4 filings, and ether alongside numerous digital assets have experienced

Donald Trump Pledges to Stop Biden’s Anti-Crypto Agenda, Protect Bitcoin, Free Ross Ulbricht

Presidential candidate and 45th US President Donald Trump has declared support for the crypto sector “I will also stop Joe Biden’s crusade to crush crypto,” he promised “I will

TRUMP Coin Taps All-Time High, Up Over 30% in 24 Hours Post-Convention

Following former President Donald Trump’s appearance at the Libertarian National Convention, the meme coin associated with his name, maga (TRUMP), has soared more than 30% in the past day Current