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Pi Network Reaches 10 Million KYC’ed Pioneers: A Milestone Toward an Open Network

Pi Network, the revolutionary decentralized cryptocurrency project, recently achieved a significant milestone that marks a crucial step forward in its journey towards building an open and inclusive network. On April 15th, the Pi Core Team announced with pride that the community has grown to encompass an impressive 10 million KYC’ed Pioneers.This achievement is not only […]

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BRICS: Chinese Yuan Officially Overtakes US Dollar

Alongside the BRICS de-dollarization plans, the Chinese yuan has officially overtaken the US dollar as the top traded currency in Russia. Indeed, the currency has now surpassed the greenback as the most prominent foreign exchange in Moscow according to a Reuters report. The data shows that the yuan has accounted for more than 42% of

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Rapper Drake Posts Michael Saylor’s Bitcoin Video to His 146M Instagram Followers

Michael Saylor said that bitcoin will “eat gold” in an interview with CNBC on Monday. Grammy-award-winning musician Drake posted a clip of Michael Saylor speaking about bitcoin on his Instagram account on Tuesday.The rapper was previously active in the digital assets space when he placed bets for the 2022 Super Bowl through bitcoin and as

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Does Bitcoin’s Satoshi Nakamoto have a dead man’s switch?

Bitcoin soared to an all-time high this week thanks to massive inflows from newly launched ETFs, which signaled to many that the original cryptocurrency—once derided by Wall Street as a scam—is a legitimate mainstream investment. That’s a view that I hold but, at the same time, Bitcoin is still subject to some particular risks that,

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Adjusted for Inflation, Bitcoin Hasn’t Topped Its All Time High

Bitcoin’s (BTC) all-time high of $69,325 has not been hedged for inflation — a dint in the idea that this “digital gold” is a successful store-of-value. When measuring inflation, bitcoin, despite its notable rally in recent months, is still technically worth less than it was at its previous high in November 2021. According to the

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Man who threw away $190,000,000 Bitcoin fortune involved in decade-long battle to retrieve it

James Howells, from Newport, Wales, has been locked in a long dispute with his local council after he requested permission to go digging around a landfill site for his much-desired lost treasure. Howells’ unbelievable story began way back in 2013 when his ex-partner accidentally threw out the hard drive which contained 8,000 Bitcoin. And for

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Historical Bull Run Pattern Emerges in Bitcoin

Recent on-chain data hints at the emergence of a pattern associated with bullish trends in Bitcoin. Notably, long-term holders (LTHs), defined as investors who have retained their Bitcoin for at least a year, have exhibited behavior reminiscent of past bull markets, according to insights from the market intelligence platform IntoTheBlock. Long-term $BTC holders have sold

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Bitcoin price keeps rising, but where are the new investors?

The spot Bitcoin ETFs’ saw $4.93 billion in net inflow but where are the “new” investors? A record $2.45 billion inflow in digital asset products in the week ending Feb. 17, and Bitcoin’s (BTC) price appreciation, caused the industry’s assets under management to reclaim December 2021 levels at $67.1 billion. Most of the investment happened

Bitcoin price keeps rising, but where are the new investors? Read More »

Bitcoin price keeps rising, but where are the new investors?

The spot Bitcoin ETFs’ saw $4.93 billion in net inflow but where are the “new” investors? A record $2.45 billion inflow in digital asset products in the week ending Feb. 17, and Bitcoin’s (BTC) price appreciation, caused the industry’s assets under management to reclaim December 2021 levels at $67.1 billion. Most of the investment happened

Bitcoin price keeps rising, but where are the new investors? Read More »