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China announced new fiscal and monetary stimulus measures on Wednesday, aiming to increase consumption and counter the effects of growing trade tensions with the United States. The stimulus package comes as China targets a 5% GDP growth rate and sets a fiscal deficit target of 4% of GDP for the
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Emirates NBD, one of the largest banking groups in the Middle East and owned by the Dubai government, has started offering cryptocurrency trading services through its digital banking subsidiary Liv. The new service was introduced on March 5 on the Liv X app, according to a joint announcement made on
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El Salvador President Nayib Bukele announced Tuesday that the country will continue purchasing bitcoin despite reaching a financing agreement with the International Monetary Fund (IMF) that was expected to limit such activities. "No, it's not stopping," Bukele stated on social media platform X. "If it
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Ark Invest purchased 38,865 Coinbase shares worth $8 million for its Next Generation Internet exchange-traded fund (ARKW) on Monday. At the same time, the investment firm sold $8.2 million worth of its own spot Bitcoin ETF (ARKB) as the cryptocurrency market gave back gains from the weekend -
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Coinbase CEO Brian Armstrong has expressed a preference for Bitcoin as the primary asset in President Donald Trump's proposed crypto strategic reserve. Following Trump's Sunday announcement, Armstrong suggested on social media platform X that "Just Bitcoin would probably be the best option — simplest, and clear
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President Donald Trump has instructed his Presidential Working Group on Crypto to proceed with establishing a Crypto Strategic Reserve that would include Solana (SOL), XRP, and Cardano (ADA), according to a Sunday morning post on Truth Social. The working group is led by executive director Bo Hines. "A U.
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You asked for more news that makes you laugh, and modern European politicians are busy drafting statements and resolutions that will never leave you hungry for amusement. In another display of financial wisdom that rivals deciding not to buy Apple stock in the 1980s, Swiss National Bank (SNB) Chairman Martin
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In Kibera, Africa's largest informal settlement located 6.5 kilometers from Nairobi's city center, a Bitcoin-based economic system called Afribit has been developing over the past five years. Home to more than 500,000 residents, this community has embraced digital currency as a solution to financial
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Bitdeer Technologies has acquired 50 bitcoin during a period of market volatility, adding to its growing cryptocurrency holdings. The company made the purchase at an average price of $81,475 per bitcoin, according to a recent announcement on social media. The acquisition comes at a time when bitcoin is experiencing
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Brain wallets are a security nightmare that can cause immediate loss of funds. They use human-generated passphrases to create Bitcoin private keys, but are fundamentally flawed because humans cannot generate true randomness. Automated bots continuously scan the blockchain for transactions to predictable brain wallet addresses, allowing attackers to steal funds
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Deutsche Telekom, the parent company of T-Mobile, has become a validator for Injective, a high-speed interoperable Layer 1 blockchain focused on decentralized finance (DeFi), according to an announcement made Thursday. This addition represents Deutsche Telekom's continued expansion into the cryptocurrency space, according to a report from Block. As
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The Oklahoma State House Committee has voted to advance a bill that would allow the state treasury to invest 10% of public funds in Bitcoin and other large-cap digital assets. House Bill 1203, also known as the Strategic Bitcoin Reserve bill, passed with a 12-2 majority vote and will now
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Ark Invest purchased 41,032 Coinbase shares worth $8.7 million for its Next Generation Internet exchange-traded fund on Tuesday. Simultaneously, the investment firm sold $8.6 million worth of its own spot Bitcoin ETF during a broad cryptocurrency market decline, according to a report from Block. This marks Ark&
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Michael Saylor, executive chairman of Strategy (formerly MicroStrategy), has transformed his company from a modest software business into one of the largest corporate holders of Bitcoin. As of recent reporting, Strategy holds 499,096 Bitcoins valued at approximately $46.6 billion, though this figure can fluctuate substantially due to market
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Tokyo-listed investment firm Metaplanet has purchased an additional 135 Bitcoin worth $12.9 million, the company announced on Tuesday. This latest acquisition was made at an average price of 14.3 million yen ($95,951) per Bitcoin, totaling 1.9 billion yen, according to a report from Block. With this
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Hong Kong-based investment firm HK Asia Holdings Limited has expanded its cryptocurrency portfolio to approximately 8.88 Bitcoin, according to a February 23 announcement. The company disclosed that its board approved further investment in Bitcoin following positive market response to its initial purchase, according to a report from Cointelegraph. On