Author: V Sinclair
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Chainlink Joins Forces with Coinbase for Innovation
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Chainlink has announced a strategic integration with Coinbase’s Project Diamond, aimed at bolstering the management of digital assets. This collaboration is designed to enhance the compatibility of tokenized assets across diverse blockchain networks, including both public and private ecosystems. The initiative is set to elevate data connectivity within the digital asset landscape. How Will CCIP Impact…
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Ripple’s RLUSD Gets Final Approval from NYDFS to Launch USD-Pegged Stablecoin
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Ripple Labs has received approval from the New York Department of Financial Services (NYDFS) to launch its USD-pegged stablecoin, RLUSD. CEO Brad Garlinghouse confirmed the approval on X (formerly Twitter), announcing, This just in…we have final approval from NYDFS for RLUSD! Exchange and partner listings will be live soon – and reminder: when RLUSD is live, you’ll…
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Peter Schiff Says Biden Selling All US Bitcoin Would Be “Good,” Here’s Why
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Renowned economist Peter Schiff has made another bold statement against Bitcoin. Schiff stated that Joe Biden’s government selling all the country’s BTC holdings would be a good thing and further explained why such a move would benefit the US. Peter Schiff Says Biden Selling All US Bitcoin Will Be “Good” In an X post, Peter…
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DOGE Under Pressure: Bulls’ Resolve Key Support Level Tests
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Dogecoin‘s recent dip below the $0.400 support level against the US Dollar marks a significant turn. Currently residing around the $0.3750 support, there remains potential for a rebound in the near term. The cryptocurrency experienced a notable decline after slipping under $0.420. It is now positioned beneath the $0.40 benchmark and the 100-hourly simple moving average. A…
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Following the NCPPR proposal, Amazon must decide whether to invest in Bitcoin.
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The National Center for Public Policy Research (NCPPR), a conservative think tank based in Washington D.C., submitted a shareholder proposal to Amazon, urging the tech giant to allocate 5% of its total assets into Bitcoin. The proposal, which suggests that Amazon hedge against inflation and diversify its treasury, highlights Bitcoin’s recent performance as a key reason for…
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After Ethereum hit $4,000, Justin Sun invested $119.7 million in HTX.
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Justin Sun, the founder of Tron, has gained attention for depositing 29,920 ETH, worth $119.7 million, into HTX. This comes as Ethereum’s price surpasses $4,000. Sun made a big investment by buying 392,474 ETH from February to August 2023. He paid an average of $3,027 for each ETH, totaling around $1.19 billion. Right now, Sun’s…
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OKX introduces a cryptocurrency wallet and trading platform in Belgium.
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OKX, a cryptocurrency exchange, has expanded its European operations by launching a trading platform and self-custodial wallet in Belgium. OKX Exchange and OKX Wallet are now officially open for customers in Belgium, OKX announced to Cointelegraph on Nov. 26. With newly launched services by OKX, Belgian customers can now access spot trading and convert more…
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Justin Sun invests $30 million to become the largest stakeholder in a cryptocurrency project backed by Trump.
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The CEO of the TRON blockchain platform, Justin Sun, has invested in the WLFI cryptocurrency project. Sun invested $30 million. This has made him the largest shareholder in the new firm. This move comes as WLFI, a decentralized finance (DeFi) platform, struggled with slow token sales since its launch. TRON Becomes the Largest Stakeholder in WLFI The…
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A new stablecoin called BFUSD with an APY of 19.55% is being introduced by Binance.
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Binance introduced a new stablecoin tied to its ecosystem, BFUSD. The stablecoin offers up to 19.55% APY, with a limit on ownership and staking. Binance launched another native stablecoin, BFUSD, with a yield-bearing potential of up to 19.55% annualized. Binance itself reminded users that the actual asset has not yet launched or even been generated…
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Bitcoin’s Nasdaq Fuel: Spot ETFs Launch BTC to $100K?
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Bitcoin (BTC) broke above the $94,000 price level for the first time, making a new all-time high at $94,002.87 about ten hours back. This achievement comes on the heels of the highly anticipated listing of U.S. spot Bitcoin exchange-traded fund (ETF) options on NASDAQ. This surge follows a dip to $91,059.66, highlighting the market’s current…