Category: News

BlackRock’s Explainer Sparks FUD On Bitcoin’s 21 Million Supply Cap: Changes Theoretically Possible But ‘Unlikely,’ Says Analyst

The world’s largest asset manager, BlackRock, raised eyebrows on Wednesday after including a line in an explainer video that supposedly disputed Bitcoin’s (CRYPTO: BTC) finite supply thesis. What happened: The 3-minute-long video, shared by various X users, including MicroStrategy co-founder Michael Saylor, went over the technical details of the...
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Shytoshi Kusama Shares ‘Huge News’ As Shiba Inu Partners With Chainlink To Boost Shibarium, Ecosystem Tokens

Shiba Inu (CRYPTO: SHIB) entered into a partnership with the decentralized oracle network Chainlink (CRYPTO: LINK) Thursday in a bid to expand its ecosystem. What Happened: The partnership would see the integration of Chainlink’s standard for blockchain interoperability as the primary cross-chain infrastructure for Shibarium, Shiba Inu’s Layer-2 blockchain. Additionally, the...
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Bitcoin, Ethereum, Dogecoin Retreat Further As Crypto Liquidations Top $1 Billion: Analyst Lays Out Scenario For BTC Losing $96K Support

The cryptocurrency market cracked further Thursday as risk sentiment remained low following the Federal Reserve’s hawkish statements. Cryptocurrency Gains +/- Price (Recorded at 7:45 p.m. ET) Bitcoin (CRYPTO: BTC) -3.30% $97,251.29 Ethereum (CRYPTO: ETH)                -6.08% $3,425.34 Dogecoin (CRYPTO: DOGE)           -12.28% $0.3159 What Happened: Bitcoin rallied to $102,000 in the...
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Fed Can’t Hold Bitcoin, No Plans Yet To Change Law, Powell Says

Jerome Powell, chair of the US Federal Reserve, recently dismissed speculations that the Fed may add Bitcoin to its reserves. At the end of the its two-day meeting, Powell stated that the Fed isn’t allowed to own Bitcoin and doesn’t desire to get involved in any government initiative to...
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