Bitcoin’s Bullish Run: Could We See $123,000 in August?

Bitcoin is showing strength, currently trading around $115,000. It’s holding key support levels, suggesting a continued bullish trend. Big institutional money is pouring in, making a run to $123,000 and beyond a real possibility. Institutional Investors Pile Into Bitcoin Several major players are boosting Bitcoin’s price. Satsuma Technology, a British firm, just invested a whopping…

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Bhutan’s Bitcoin Move: Is a Sell-Off Coming?

Bitcoin’s been a bit shaky lately. After a long period of staying around its all-time high, things have gotten less certain. Selling is up, and trading volume is down, leading some experts to think a bigger price drop might be on the way. Bhutan’s Big Bitcoin Move Adding to the uncertainty, investigators found that Bhutan’s…

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Is the SEC Getting Crypto-Friendly? The Stablecoin Shift

The US Securities and Exchange Commission (SEC) is making some moves that suggest a more welcoming stance towards crypto, particularly stablecoins. This could be a big boost for the crypto market. Stablecoins: Now Considered Cash? The SEC recently released guidance suggesting that certain stablecoins might be treated as cash equivalents. This applies to stablecoins backed…

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Hedera (HBAR): Institutions are Taking Notice

VanEck, a major player in crypto asset management, is reporting significant institutional interest in the Hedera (HBAR) ecosystem. July saw HBAR’s price jump over 70%, fueled by a surge in partnerships, network growth, and institutional adoption. Institutional Adoption on the Rise Several key developments highlight this growing interest: Project Acacia: The Reserve Bank of Australia…

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CFTC Speeds Up Crypto Regulation: A Public Input Push

The Commodity Futures Trading Commission (CFTC) is launching a fast-track initiative called “Crypto Sprint” to clear up the rules around spot crypto trading. This focuses on spot crypto contracts traded on CFTC-registered exchanges. What’s the Goal? Acting CFTC Chair Caroline Pham says the goal is to quickly create a regulatory framework for these spot crypto…

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Ethereum: The New King of Value Storage?

A recent report from VanEck, a major investment firm, suggests Ethereum (ETH) might be a better store of value than Bitcoin (BTC). This is a pretty bold claim, so let’s dive into the details. Why Ethereum? More Than Just a Currency For years, Bitcoin has been the go-to digital asset for companies building up their…

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Worldcoin’s Iris Scanning Under Fire: China Raises National Security Concerns

China’s government is worried about a company (likely Worldcoin) collecting people’s iris scans in exchange for cryptocurrency. They say this is a big threat to personal privacy and even national security. China’s Warning: Biometric Data and National Security The Ministry of State Security (MSS) recently warned about a foreign company’s mass collection of iris data,…

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