Cryptocurrency Analysis and News Portal
Utah-based telehealth provider KindlyMD is now channeling millions into Bitcoin via its expected merger with Nakamoto. The latest $51.5 million PIPE round proves investors are all-in on the crypto pivot, even as skeptics question the long-term play. KindlyMD and
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Social media platform Reddit is reportedly considering using the iris-scanning orbs developed by World — a project by Tools for Humanity, co-founded by OpenAI CEO Sam Altman — for its user verification system. According to a Friday Semafor report citing two people familiar with the matter, the platform is weighing
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China reduced its position on U.S. debt in April, reaching a 16-year record low in its holdings. The reduction is related to the ongoing tariff war scenario, where tensions between the two countries have escalated due to the enactment of sky-high fees. China Reduced U.S. Debt Exposure in April, Reached
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Thailand’s Securities and Exchange Commission (SEC) has opened a period of consultation for feedback on rules that would allow exchanges or individuals connected to an exchange to issue utility tokens, according to a Friday statement.Under the proposed rules, exchanges would have to disclose the names of anyone associated with the
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The Norwegian government has announced plans for a temporary ban on new data centers engaged in power-intensive cryptocurrency mining, in an effort to conserve electricity for other industries. Crypto Mining Generates Little for Local Community Norway’s government announced June 20 its intention to implement a temporary ban on the establishment
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Key takeaways:Open interest in Bitcoin futures and options has ballooned to $96 billion, up sharply from 2022 levels.Elevated speculative leverage fuels BTC’s bullish breakouts, but it also raises the risk of cascading liquidations, reminiscent of 2021 volatility.Stablecoin-margined collateral now dominates over crypto-margined positions, helping mitigate volatility shocks amid heightened trading
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Donald Trump’s family business has quietly reduced its stake in World Liberty Financial from 60% to 40%, signaling a partial cash-out after the venture’s $550 million token sales surge. Trump’s World Liberty Stake Drops to 40% Amid Crypto Windfall The Trump family has discreetly reduced its ownership stake in World
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The government of Norway is considering a temporary ban on crypto mining in the country in an effort to “free up power, network capacity and area for other purposes.”In a Friday notice, the Norwegian government said it would be conducting an investigation in autumn that could result in a temporary
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Odds are stacked that the U.S. Securities and Exchange Commission approves most of the filed crypto exchange-traded funds, including the various XRP ETFs, by their respective deadlines, according to Bloomberg Analysts James Seyffart and Eric Balchunas.“We are raising our odds for the vast majority of the spot crypto ETF filings
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