Tag: Crypto
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Crypto’s Debanking Dilemma: Regulation Rises, Barriers Remain
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Despite recent policy wins across the US and Australia, the crypto industry continues to grapple with restricted access to traditional banking services. “Debanking” — where banks refuse to serve crypto firms — persists as a major roadblock to growth and legitimacy, raising concerns across major jurisdictions. Progress in the US, But Problems Persist In the…
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Only 11% of Bitcoin Firms in El Salvador Operational, Says Central Bank
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Majority of Providers Fail to Meet Bitcoin Law Requirements Only 20 of the 181 Bitcoin service providers registered with El Salvador’s Central Reserve Bank are currently operational, according to a recent report by local outlet El Mundo. This figure represents just 11% of the total firms, with the remaining 161 listed as non-operational due to…
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Solana Outpaces Ethereum with 20% Rally, Eyes $300 Milestone Despite Network Hurdles
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Solana (SOL) has surged over 20% against Ethereum (ETH) in the past week, sparking speculation of a potential breakout to $300. However, a steep climb remains as on-chain activity falters. SOL/ETH Ratio Hits Record Weekly Close Solana’s strong performance against Ethereum continued this week, with the SOL/ETH trading pair reaching a multimonth high. On 13…
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Bitcoin’s Path to $1.8M by 2035: Analyst’s Bold Prediction
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Despite recent price fluctuations and global trade tensions, Bitcoin remains on track for a monumental rise to $1.8 million by 2035, according to market analyst Joe Burnett. The long-term outlook for the cryptocurrency giant continues to inspire confidence among industry leaders and investors. The $1.8M Forecast: Models and Momentum Joe Burnett, director of market research…
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Trump Strikes Down IRS Crypto Rule: A Win for DeFi Innovation
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In a landmark moment for the crypto industry, U.S. President Donald Trump has signed a resolution overturning an IRS regulation that targeted decentralized finance (DeFi) platforms. This marks the first successful pro-crypto legislation to clear Congress, signalling a potential shift in U.S. policy towards digital assets. IRS Rule Revoked: What It Means for DeFi The…
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Trump Memecoin Faces Market Shock as $321M Token Unlock Looms
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Value plunges 89% since January peak amid investor losses United States President Donald Trump’s official memecoin is set to face a major market test next week, as $321 million worth of vested tokens are due to be unlocked on 18 April. The release is expected to significantly impact the token’s already volatile price, which has…
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Bitcoin Miners Generate $800 Million in Q1 2025 as Trump’s SEC Pick Confirmed
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Top Bitcoin Miners See Massive Q1 Output The first quarter of 2025 has seen record-breaking Bitcoin production, with the largest publicly traded mining companies generating nearly $800 million worth of BTC. A total of over 9,700 Bitcoin were mined, based on data compiled from public filings, as the cryptocurrency continues to hover around all-time highs.…
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Bitcoin Faces Pressure Amid Market Turmoil, Risks Dropping to $71,000
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BTC price dips as US-China tariff tensions and stock market volatility fuel investor anxiety Bitcoin’s price took a hit on April 9, briefly falling below $75,000 before rebounding to around $78,300 as Wall Street opened. The cryptocurrency mirrored the extreme volatility in US stock markets, driven by escalating US-China trade tensions and investor uncertainty, raising…
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Freedx Secures Key DASP License in El Salvador
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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…
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Enigmatic Creator of Bitcoin: Who is Satoshi Nakamoto?
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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…