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Musk's New Political Movement Embraces Bitcoin Over Traditional Money

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Musk's New Political Movement Embraces Bitcoin Over Traditional Money

Elon Musk confirmed Sunday that his newly formed America Party will accept Bitcoin payments. The Tesla CEO dismissed traditional fiat currency as "hopeless" when asked about the party's cryptocurrency stance on X. According to Cointelegraph, Musk's declaration came as a direct response to user

By Albert Morgan Jul 7, 2025
Crypto Funds Record Over One Billion Dollar Weekly Inflows As Bitcoin Maintains Market Leadership

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Crypto Funds Record Over One Billion Dollar Weekly Inflows As Bitcoin Maintains Market Leadership

Cryptocurrency investment products attracted $1.04 billion of inflows during the trading week ended Friday, according to CoinShares. Bitcoin exchange-traded products led with $790 million in weekly inflows, representing 76% of total crypto ETP inflows. Ether ETPs followed with $225 million of inflows, extending their run to 11 consecutive weeks.

By Albert Morgan Jul 7, 2025
Massive Bitcoin Transfer From Dormant Wallets Raises Concerns About Potential Breach

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Massive Bitcoin Transfer From Dormant Wallets Raises Concerns About Potential Breach

A Coinbase executive has raised the possibility that Thursday's transfer of 80,000 Bitcoin worth $8.6 billion could represent the largest theft in human history. According to Cointelegraph, Conor Grogan, Coinbase's head of product, stated there is a "small possibility" the movement from

By Albert Morgan Jul 6, 2025
Miller Value Partners Executive Challenges Bitcoin Taxation Framework

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Miller Value Partners Executive Challenges Bitcoin Taxation Framework

Cointelegraph reports that Miller Value Partners Chief Investment Officer Bill Miller IV argued governments lack legitimate authority to tax Bitcoin. Speaking on the Coin Stories podcast Wednesday, Miller said taxing Bitcoin "doesn't make a ton of sense" because blockchain technology handles ownership verification without government infrastructure.

By Albert Morgan Jul 6, 2025
Three Bitcoin Whales Transfer Billions After 14 Years of Dormancy

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Three Bitcoin Whales Transfer Billions After 14 Years of Dormancy

Three Bitcoin whale wallets that remained dormant for 14 years suddenly transferred their holdings Thursday, moving over $3 billion worth of Bitcoin. According to Cointelegraph, the mysterious whale initially labeled "12tLs" transferred 10,000 Bitcoin worth over $1 billion after holding the assets since April 3, 2011. Hours

By Albert Morgan Jul 4, 2025
Solo Bitcoin Miner Beats Astronomical Odds to Win $350,000 Block Reward

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Solo Bitcoin Miner Beats Astronomical Odds to Win $350,000 Block Reward

A solo Bitcoin miner achieved a remarkable victory on Thursday, successfully mining block 903883 and earning 3.173 BTC worth $349,028. According to Cointelegraph, the miner accomplished this feat using just 2.3 petahashes per second of computing power through the CKPool mining service. Bitcoin historian Pete Rizzo described

By Albert Morgan Jul 4, 2025
Vitalik Buterin Calls For Crypto to Focus on Human Freedom Over Technical Innovation

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Vitalik Buterin Calls For Crypto to Focus on Human Freedom Over Technical Innovation

Ethereum co-founder Vitalik Buterin delivered a keynote speech at EthCC on Wednesday, asking blockchain developers to focus on freeing humanity through their inventions rather than building more technically advanced tools. According to Cointelegraph, Buterin compared the individual liberty ethos of the early internet in the 1990s to the current ethos

By Albert Morgan Jul 3, 2025
Pakistan Bitcoin Mining Plan Faces IMF Rejection Over Energy Subsidies

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Pakistan Bitcoin Mining Plan Faces IMF Rejection Over Energy Subsidies

Pakistan's ambitious plan to allocate surplus electricity for Bitcoin mining faced a major setback this week. The International Monetary Fund rejected the government's proposal to offer subsidized power rates to energy-intensive industries, including cryptocurrency miners. According to Cointelegraph, Pakistan's Secretary of Power Fakhre Alam

By Albert Morgan Jul 3, 2025
Judge Allows Celsius $4 Billion Bitcoin Lawsuit Against Tether to Proceed

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Judge Allows Celsius $4 Billion Bitcoin Lawsuit Against Tether to Proceed

A US bankruptcy judge ruled Monday that Celsius Network's lawsuit against Tether can proceed despite attempts to dismiss the case. According to Cointelegraph, the court denied key parts of Tether's motion to dismiss claims over the liquidation of 39,500 Bitcoin during Celsius's collapse

By Albert Morgan Jul 2, 2025
Binance Pay Launches Crypto Payment Network Across French Riviera

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Binance Pay Launches Crypto Payment Network Across French Riviera

Binance Pay partnered with French fintech Lyzi to enable cryptocurrency payments at over 80 businesses across the French Riviera. Cointelegraph reports the rollout spans cities including Cannes, Nice, Antibes and Monaco. The partnership integrates digital assets into the region's luxury tourism and retail economy. The payment system supports

By Albert Morgan Jul 2, 2025
UK Firm Acquires 230 Bitcoin As Treasury Holdings Reach 773 BTC

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UK Firm Acquires 230 Bitcoin As Treasury Holdings Reach 773 BTC

UK-based web design firm The Smarter Web Company purchased an additional 230.05 Bitcoin for 17.97 million British pounds ($24.7 million) at an average price of 78,103 pounds per coin. According to Cointelegraph, the London-listed company now holds 773.58 BTC worth over $82.6 million total.

By Albert Morgan Jul 1, 2025
Deutsche Bank Confirms 2026 Crypto Custody Timeline

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Deutsche Bank Confirms 2026 Crypto Custody Timeline

Deutsche Bank plans to launch digital asset custody services in 2026, according to Cointelegraph. Germany's largest bank will collaborate with Austria-based Bitpanda crypto exchange and Swiss technology provider Taurus to develop the service. The custody platform will allow clients to store cryptocurrencies like Bitcoin through institutional-grade security infrastructure.

By Albert Morgan Jul 1, 2025
Bhutan Launches National Crypto Tourism Payment System

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Bhutan Launches National Crypto Tourism Payment System

Bhutan has become the first country to implement a comprehensive national cryptocurrency payment system for tourism. The partnership between Bhutan's Department of Tourism, Binance Pay, and DK Bank launched in May 2025. According to Cointelegraph, tourists with Binance accounts can now pay for services using over 100 different

By Albert Morgan Jun 30, 2025
Kazakhstan Announces National Crypto Reserve Development at Central Bank

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Kazakhstan Announces National Crypto Reserve Development at Central Bank

Kazakhstan will establish a state crypto-reserve managed by its central bank. The announcement came from National Bank Chairman Timur Suleimenov during parliamentary proceedings on June 30. The reserve represents Kazakhstan's latest step toward integrating digital assets into national financial infrastructure. According to Qazinform, the reserve will operate under

By Albert Morgan Jun 30, 2025
Korean Crypto Holdings Reach 27 Percent Among Adults as Investment Interest Surges

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Korean Crypto Holdings Reach 27 Percent Among Adults as Investment Interest Surges

According to Cointelegraph, 27 percent of South Koreans aged 20 to 50 now own digital assets, with cryptocurrency investments comprising 14 percent of their total financial portfolios. The Hana Institute of Finance released the study on Sunday, titled "2050 Generation's Virtual Asset Investment Trends." The research

By Albert Morgan Jun 29, 2025
Kenyan Crypto Firms Voice VAC Board Appointment Concerns

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Kenyan Crypto Firms Voice VAC Board Appointment Concerns

Cointelegraph reports that Kenya's proposed VASP Bill faces opposition from local crypto startups. The Virtual Asset Chamber of Commerce (VAC) will gain a seat on the regulatory board. Critics claim VAC receives $6,000 monthly from Binance for policy advocacy work. Local stakeholders question the appointment's

By Albert Morgan Jun 29, 2025
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