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Bloomberg projects that stablecoin flows could reach $56 trillion by 2030, driven by increasing adoption and integration into various financial systems. The report highlights the growing demand for stablecoins as a means of facilitating transactions and providing liquidity in the digital economy. Factors contributing to this growth include advancements in
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In October, the crypto market experienced a significant crash, signaling the end of the "easy yield" era, according to BitMEX. The downturn was attributed to various factors, including rising interest rates and regulatory pressures, which have made high-yield opportunities less accessible. Investors are now facing a more challenging
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Iran has experienced a significant internet blackout, impacting communication and access to online services. Despite this, the country may still engage in cryptocurrency transactions through offline methods, such as peer-to-peer trading and the use of hardware wallets. Crypto enthusiasts in Iran could leverage local networks and alternative communication channels to
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Wall Street executives and cryptocurrency leaders recently held a private meeting to discuss the development of a comprehensive crypto regulatory bill. Sources indicate that significant progress was made during the discussions, with participants aiming to address key regulatory concerns and foster a clearer framework for the industry. The meeting reflects
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Bitnomial has received approval from a U.S. regulator to launch its prediction markets platform, marking a significant step in the growing acceptance of such markets in the cryptocurrency space. The approval allows Bitnomial to offer a regulated environment for users to bet on the outcomes of various events. This
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Former President Donald Trump has stated that he will not grant a pardon to Sam Bankman-Fried, the founder of the collapsed cryptocurrency exchange FTX, who is facing serious legal challenges. Trump emphasized that Bankman-Fried's actions, which allegedly involved significant financial misconduct, do not warrant clemency. The comments come
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Former President Donald Trump has stated that he will not offer a pardon to Sam Bankman-Fried, the founder of the collapsed cryptocurrency exchange FTX. Trump emphasized that he does not believe in rescuing individuals who engage in fraudulent activities. Bankman-Fried is facing serious legal challenges, including charges of fraud and
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Iran's internet traffic has plummeted to nearly zero amid escalating protests against the government. This significant drop in connectivity is attributed to state-imposed restrictions aimed at curbing the flow of information and organizing efforts among demonstrators. The Iranian authorities have previously implemented internet blackouts during periods of unrest
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Bitcoin is currently trading near $91,000 as the cryptocurrency market anticipates a ruling on tariffs imposed by former President Trump. This decision could significantly impact market sentiment and trading behavior. Investors are closely monitoring developments, as the tariff ruling may influence broader economic conditions and investor confidence. The overall
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According to a report by investment firm VanEck, Bitcoin is projected to reach $2.9 million by 2050 as it increasingly integrates into global trade. The analysis suggests that Bitcoin's adoption as a medium of exchange and store of value will drive its price significantly higher. Factors contributing
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Recent data reveals that global sanctions have led to a significant increase in illicit cryptocurrency transactions, reaching a record high of $20.1 billion in 2022. This surge is attributed to the growing use of cryptocurrencies by sanctioned entities to bypass financial restrictions. The report highlights that North Korea and
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Optimism has proposed a buyback plan for its OP token, utilizing revenue generated from its Superchain initiative. The proposal aims to enhance the value of the OP token by repurchasing it from the market. This move is part of Optimism's broader strategy to strengthen its ecosystem and incentivize