Tag: Bitcoin

  • Freedx Secures Key DASP License in El Salvador

    Freedx Secures Key DASP License in El Salvador

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    V Sinclair

    Dubai, UAE/ San Salvador, El Salvador, Freedx, a centralized exchange built for crypto newcomers and experienced traders alike, has been granted a Digital Asset Service Provider (DASP) license by the Comisión Nacional de Activos Digitales (CNAD) in El Salvador. This marks a significant milestone for Freedx that showcases the exchange’s commitment to become a trusted, compliant and…

  • Bitcoin Stays Strong as Stocks Bleed $5T in Trump Tariff Fallout

    Bitcoin Stays Strong as Stocks Bleed $5T in Trump Tariff Fallout

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    Oscar

    Amid the largest stock market plunge in history, Bitcoin is proving its mettle. As the S&P 500 lost $5 trillion in just two days following former President Donald Trump’s tariff announcement, Bitcoin dipped only 3.7%, signalling a potential shift in how investors view the leading cryptocurrency. Tariffs Trigger Market Turmoil The sell-off was sparked by…

  • Enigmatic Creator of Bitcoin: Who is Satoshi Nakamoto?

    Enigmatic Creator of Bitcoin: Who is Satoshi Nakamoto?

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    Issac Lane

    In the ever-evolving world of finance and technology, few names command as much intrigue and speculation as Satoshi Nakamoto, the pseudonymous figure (or group) credited with creating Bitcoin, the world’s first decentralized cryptocurrency. Despite the revolutionary impact of Bitcoin on the global economy, Satoshi Nakamoto’s true identity remains one of the greatest mysteries of the…

  • Fed Holds Firm as Trump Calls for Rate Cuts – Bitcoin Steady Amid Chaos

    Fed Holds Firm as Trump Calls for Rate Cuts – Bitcoin Steady Amid Chaos

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    Oscar

    The financial world is on edge after Federal Reserve Chair Jerome Powell refused to commit to policy easing, despite market turmoil triggered by Donald Trump’s latest tariff announcement. As stocks plunged, Bitcoin remained resilient, though uncertainty looms over the Fed’s next move. Powell Stays Cautious, Markets Panic Speaking at the Society for Advancing Business Editing…

  • Bitcoin Holds Ground as Markets Dive on Tariffs and Jobs Data

    Bitcoin Holds Ground as Markets Dive on Tariffs and Jobs Data

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    Oscar

    Bitcoin (BTC) is showing faint signs of resilience as traditional markets react sharply to fresh U.S. employment data and escalating trade tensions. While stocks tumbled following former President Donald Trump’s tariff announcements, BTC managed to stay steady around $82,600, hinting at a potential shift in its market behaviour. U.S. Jobs Growth Surpasses Expectations The U.S.…

  • Bitcoin Nears $80K but Faces Market ‘Turning Point’

    Bitcoin Nears $80K but Faces Market ‘Turning Point’

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    Oscar

    Bitcoin (BTC) continues to hover near $80,000, but analysts warn that a key shift could be on the horizon. Recent market turbulence, triggered by Trump’s tariff announcement, has seen BTC drop over 5%, reigniting debates over its status as “digital gold.” Meanwhile, traditional gold remains the preferred safe haven for investors, outperforming Bitcoin in uncertain…

  • Crypto Liquidations Hit $450M as Market Swings on U.S. Tariffs

    Crypto Liquidations Hit $450M as Market Swings on U.S. Tariffs

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    Oscar

    The crypto market saw $450 million in liquidations as Bitcoin, Ether, and XRP reversed gains following heightened U.S. trade tariffs. Both bulls and bears faced heavy losses amid increased volatility, reflecting uncertainty across global markets. Tariffs Trigger Market Chaos Former U.S. President Donald Trump imposed fresh tariffs, including a 25% levy on auto imports and…

  • Bitcoin Sales at $109K All-Time High Remain Below Cycle Tops, Says Glassnode

    Bitcoin Sales at $109K All-Time High Remain Below Cycle Tops, Says Glassnode

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    Issac Lane

    Long-Term Bitcoin Holders Refuse to Sell Despite Record Prices Bitcoin investors who purchased the cryptocurrency between 2020 and 2022 are holding onto their assets despite the price reaching an all-time high of $109,000. According to on-chain analytics firm Glassnode, many mid-term holders, even those with a cost basis as low as $3,600, are unwilling to…

  • Russian Darknet Dominates Crypto Drug Trade With $1.65B in Transactions

    Russian Darknet Dominates Crypto Drug Trade With $1.65B in Transactions

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    Oscar

    Despite crypto’s evolving regulatory landscape, Russian-language darknet marketplaces dominated drug-related crypto transactions in 2024, accounting for over 97% of illicit activity on Bitcoin and TRON networks. A TRM Labs report highlights the resilience of these platforms and a growing shift toward encrypted communication channels for illegal transactions. Why Russian Darknets Continue to Thrive Several factors…

  • Crypto Hacks Surge to $1.63 Billion in Q1 2025, Driven by Bybit Breach

    Crypto Hacks Surge to $1.63 Billion in Q1 2025, Driven by Bybit Breach

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    Issac Lane

    Bybit Exploit Accounts for Majority of Losses The first quarter of 2025 witnessed a significant rise in cryptocurrency-related hacks, with total losses reaching $1.63 billion. This marks a 131% increase compared to the same period in 2024, when losses amounted to $706 million, according to blockchain security firm PeckShield. The surge in stolen funds was…