Vancouver Mayor Pushes Bitcoin As Reserve Asset In Bold Financial Plan
Vancouver is the latest city to join the discussions on adding Bitcoin to the government’s financial reserves. At a city council meeting on November 26th, Mayor Ken Sim submitted his notice of motion, where he plans to introduce his proposed Bitcoin bill on December 11th. The city’s proposal is...
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MMA Star Khabib Nurmagomedov Backs Meme Coin ‘Fighting’ For Conor McGregor’s Victims: ‘This Guy Deserves Punishment’
Mixed martial arts legend Khabib Nurmagomedov has thrown his support behind a ‘satirical’ meme coin that is raising funds to help the victims of Conor McGregor, a fellow Ultimate Fighting Championship (UFC) fighter found guilty of sexual assault. What Happened: In an X post on Thursday, Nurmagomedov praised the...
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Apple Impersonators Drain Elderly Man’s Account In Crypto Fraud, Feds Seek $1M Forfeiture
Federal prosecutors in Cleveland are seeking forfeiture of nearly $1 million in cryptocurrency linked to a scam that drained an elderly Elyria man’s life savings, highlighting the growing trend of sophisticated crypto fraud targeting vulnerable investors. What Happened: The victim lost $408,000 after scammers, posing as Apple Inc. support...
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Ethereum’s “Secondary Bull Run” Is Here, Quant Explains Why
A quant has explained how Ethereum is now in its secondary bull run phase according to the trend in this popular on-chain indicator. Ethereum MVRV Ratio Is Forming A Pattern Similar To Past Two Cycles In a CryptoQuant Quicktake post, an analyst talked about the latest trend in the...
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Switzerland Approves Bitcoin Mining Probe By Landslide Decision – Details
Switzerland has officially passed legislation to explore Bitcoin mining, signaling a growing acceptance among traditional financial institutions and governments worldwide. This initiative, reported by Dennis Porter, CEO of the Satoshi Action Fund, reflects a broader trend accelerated by recent political shifts, including Donald Trump’s election, which have reignited interest...
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Sam Altman-Founded World Network Coin Soars 13% On Launch Of New Pilot Project ‘World ID Credentials’
World Network (CRYPTO: WLD) emerged as one of the biggest cryptocurrency market gainers Thursday after the identity verification project unveiled a pilot feature that would allow users to claim additional tokens. What happened: WLD, the native cryptocurrency of the newly-branded network, previously called Worldcoin, spiked over 13% to become...
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Trader Turns $160 Into $6M In Just 12 Days With ‘Chill Guy’ Meme Coin But Insider Trader Concerns Arise
A trader won a fortune betting on a cryptocurrency inspired by a viral internet meme, which is now worth more than $500 million in market capitalization. What Happened: On-chain tracking platform Lookonchain took to X Wednesday, highlighting the extraordinary trade of Just a chill guy (CHILLGUY) token. The trader turned a mere...
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Here’s What To Expect If The Dogecoin Price Fails To Clear The $0.4 Resistance
Following its massive rally above the $0.3 mark, the Dogecoin price has been struggling to break past the $0.4 resistance for weeks. A crypto analyst has revealed what could happen if Dogecoin fails to clear this crucial resistance, highlighting bearish scenarios and new price lows for the meme coin....
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Altcoins to stay choppy until Bitcoin hits ‘exuberant move’ — Analyst
Swyftx lead analyst Pav Hundal says that an “exuberant move” from Bitcoin is needed to kick off the highly anticipated altcoin season....
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Peter Schiff Calls MicroStrategy A ‘Great Short’ And Issues A Grim Warning: ‘It Can Only End In Bankruptcy’
Influential economist and market strategist Peter Schiff said shorting MicroStrategy Inc.’s (NASDAQ:MSTR) stock was a good idea, as he predicted potential bankruptcy for the company. What Happened: During an interview with Kitco News that aired Thursday, Schiff called MicroStrategy a “great short” if one’s got the staying power, though he denied...
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