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Bitcoin For Corporations announced at Bitcoin Conference

Leave a Comment / News / By Sahil Thakur

In a significant move to further drive corporate Bitcoin adoption, Bitcoin Magazine and MicroStrategy have announced the launch of “Bitcoin for Corporations.” This strategic partnership aims to provide comprehensive resources and educational content to corporate leaders, underscoring a joint commitment to fostering Bitcoin adoption and education on a global scale. The announcement was made live …

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Cardano Ready for Chang Hard Fork with Latest Validator Node Release

Leave a Comment / News / By Tanishq Bodh

Transition to Decentralized Governance Begins The Cardano network is prepared for the Chang hard fork following the latest release of the node validator software. This significant update marks the initial phase of the network’s transition to the Voltaire era, which focuses on decentralized governance. Node 9.1.0: Key Updates and Requirements The new version, Node 9.1.0, …

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Robert Kennedy Jr. says he has most his wealth in Bitcoin

Leave a Comment / News / By Sahil Thakur

Presidential candidate Robert F. Kennedy Jr. reaffirmed his strong support for Bitcoin during the BTC 2024 conference in Nashville, emphasizing that most of his wealth is invested in the digital asset. “I am a huge supporter of Bitcoin. I have most of my wealth in Bitcoin,” he said. “I am fully committed.” This stance underscores …

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Binance Completes Render Token Swap and Rebranding

Leave a Comment / News / By Chirag Sharma

Binance has successfully completed the Render (RNDR) token swap and rebranding to Render (RENDER). Users can now deposit and withdraw the new RENDER tokens. This move marks a significant update in the cryptocurrency market, with Binance opening spot trading for RENDER/BTC, RENDER/USDT, RENDER/FDUSD, RENDER/USDC, RENDER/TRY, RENDER/EUR, and RENDER/BRL pairs at 2024-07-26 08:00 (UTC). New Trading …

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VanEck Predicts Bitcoin at $2.9 Million by 2050

Leave a Comment / News / By Chirag Sharma

VanEck, a renowned asset management giant, has released a highly optimistic report on Bitcoin (BTC), forecasting its potential to become the dominant medium of exchange and store of value globally. This bullish outlook stems from anticipated increases in foreign trade and cross-border remittances. VanEck predicts, Bitcoin could reach a staggering price of $2.9 million per …

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Franklin Templeton’s Endorsement of Solana Sparks ETF Speculation

Leave a Comment / News / By Tanishq Bodh

Franklin Templeton’s Strategic Move Franklin Templeton, a global asset management giant with $1.64 trillion in assets, has recently endorsed Solana (SOL), fueling speculation about a potential spot Solana exchange-traded fund (ETF). This move comes on the heels of Franklin Templeton’s successful launch of its Ethereum ETF, which garnered $13.2 million in initial inflows. Additionally, their …

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Ferrari expands cryptocurrency payments to Europe

Leave a Comment / News / By Sahil Thakur

Ferrari has expanded its cryptocurrency payment solutions to Europe, following a successful launch in the United States in October. By the end of July, Ferrari’s European dealer network will be equipped to accept crypto payments for its luxury sports cars. This initiative will also extend to other international dealers in countries where cryptocurrency payments are …

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Senator Cynthia Lummis plans for Strategic Bitcoin Reserve

Leave a Comment / News / By Sahil Thakur

Senator Cynthia Lummis of Wyoming is set to announce groundbreaking legislation at the upcoming Bitcoin 2024 conference in Nashville, Tennessee. This bill proposes that the Federal Reserve adopt Bitcoin as a strategic reserve asset. If successful, this legislation would mark a significant shift in U.S. monetary policy, positioning Bitcoin alongside traditional reserves like gold and …

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First day of Ethereum ETF sees $600M volume

Leave a Comment / News / By Sahil Thakur

The eight recently launched spot Ethereum (ETH) exchange-traded funds (ETFs) posted nearly $600 million in volume during the first half of their first day, according to data from Bloomberg. Grayscale’s Ethereum Trust (ETHE) led the race with $250 million in traded shares by 12:30 pm ET, followed by BlackRock’s iShares Ethereum Trust (ETHA) with approximately …

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dYdX V3 Hacked Amid Sale Rumors

Leave a Comment / News / By Tanishq Bodh

dYdX V3 Platform Compromised On Tuesday, decentralized perpetual exchange dYdX reported a breach of one of its on-chain trading platforms. The compromise specifically targets dYdX v3, an older version of the platform that handles approximately $1.5 billion in derivatives trading volume weekly. The team has warned users to refrain from accessing exchange until further updates …

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