Tag: Doge

Larry Summers: National Bitcoin Reserve ‘Crazy’

Former Treasury Secretary Larry Summers has dismissed the idea of a national Bitcoin (CRYPTO: BTC) reserve as “crazy” amidst ongoing deliberations in Congress and the crypto industry. What Happened: In an interview with Bloomberg on Friday, Summers voiced his doubts about the feasibility of a national bitcoin reserve. He opined...
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Trump Fuels Bitcoin Rally, But Where Will It Go Next Year?

Crypto giant Bitcoin (CRYPTO: BTC) surged beyond the $100,000 mark last week, reaching an all-time high of $103,259. This significant increase is largely credited to the perceived pro-crypto stance of President-elect Donald Trump. What Happened: Bitcoin’s value has seen a nearly 50% increase since November 5, following the election...
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US Council Sounds The Alarm: Crypto Oversight Needed For Stablecoins

Popular stablecoins, or digital assets designed to have a “relatively stable price,” are getting noticed by policymakers. While these crypto units are more stable than their counterparts, a recent Financial Services Oversight Council (FSOC) report suggests they can pose risks to the financial markets. Specifically, the FSOC 2024 Annual...
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Bitcoin Rally Fuels Demand For Crypto Loans: Lending Sector On The Rebound

The recent Bitcoin price surge, which surpassed $100,000 for the first time, is creating ripples in the long-struggling crypto lending sector, particularly through decentralized finance (DeFi) applications.  According to a Bloomberg report, the speculative excitement surrounding Bitcoin has not only invigorated its trading but is also spilling over into...
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Dogecoin Steadily Ascends To $0.4484 Resistance As Bulls Maintain Control

Dogecoin has been steadily climbing, with its price approaching the critical $0.44848 mark. This consistent upward movement signals that the bulls are firmly in control, pushing DOGE closer to new territory.  As the price steadily advances, market attention intensifies, leaving many wondering if this persistent ascent is the beginning...
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