TAO Alpha appoints YouTuber Mark Moss as Chief Bitcoin Strategist to build BTC treasury
U.K.-based firm TAO Alpha PLC appoints internet personality and BTC advocate Mark Moss as its Chief Bitcoin Strategist to establish its a BTC treasury as part of its rebranding. According to a press release received by crypto.news, the publicly listed…...
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Circle and OKX launch zero-fee 1:1 USDC-to-USD conversions
Circle and OKX have partnered to roll out seamless, zero-fee conversions between USDC and the US dollar, offering direct 1:1 swaps within the OKX platform. Circle and OKX have partnered to launch zero-fee conversions between USDC Coin (USDC) and the…...
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CoinDesk 20 Performance Update: Stellar (XLM) Jumps 10.3% as All Assets Trade Higher
CoinDesk Indices presents its daily market update, highlighting the performance of leaders and laggards in the CoinDesk 20 Index. The CoinDesk 20 is currently trading at 3188.0, up 1.8% (+56.34) since 4 p.m. ET on Tuesday. All 20 assets are trading higher. Leaders: XLM (+10.3%) and POL (+6.7%). Laggards:...
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Patterns Break as Both Short and Long Term Holder Cohorts Accumulate Bitcoin
As bitcoin BTC continues a now multi-week consolidation just below its all-time high of $112,000, an interesting accumulation phenomenon is occurring. Both short-term and long-term holders have been increasing their stacks as distinct cohorts, which is unusual because these groups typically act in opposite directions, according to Glassnode data....
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Status Unveils Gasless Layer 2 Feature on Linea, Ditches Sequencer Fees Entirely
Status, a decentralized communications project, has launched a feature that it claims makes the network the first natively gasless layer 2 on Consensys’ Linea zkEVM stack. The layer 2, called Status Network, will operate differently compared to conventional rollups that depend on sequencer fees to stay afloat, the Status...
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Crypto Exchange Bullish Teams Up With Solana for Institutional Stablecoin Push
Crypto exchange Bullish has struck a partnership with the Solana Foundation, aiming to make Solana-native stablecoins the backbone of its trading and clearing operations. Under the collaboration, the two will work on institutional-grade financial infrastructure with stablecoins built on Solana to serve as the primary rails for custody, payments,...
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BONK Slides 6% as Sellers Dominate, Despite Growth of Bonk.fun
BONK tumbled 5.6% in the past 24 hours, falling $0.00002161 after a wave of selling pressure reversed earlier gains and broke through key support zones. Despite the near-term pullback, underlying ecosystem developments continue to support a broader bullish narrative. Attempts to reclaim $0.000022 between 20:00 UTC-21:00 UTC faltered despite...
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Kraken and Backed Expand Tokenized Stocks to BNB Chain as RWA Momentum Accelerates
Crypto exchange Kraken and tokenized asset issuer Backed Finance are bringing tokenized equities to the BNB Chain (BNB), allowing trading with stocks like Apple and Nvidia around-the-clock on the network, the firms said on Wednesday. The move allows token versions of U.S. stocks such as Apple (AAPLx), Tesla (TSLAx)...
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XRP Hits 45 Day High With ‘Guppy’ Momentum Indicator Pointing to More Gains Ahead: Technical Analysis
This is a daily technical analysis by CoinDesk analyst and Chartered Market Technician Omkar Godbole. XRP’s price rose to a high of $2.83 during the early U.S. hours Wednesday, hitting levels last seen on May 23, according to data CoinDesk data, The move happened as the Guppy multiple moving...
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Japan’s SBI to Let Users Swap Credit Card Points for Bitcoin, Ether, and XRP
Credit card users in Japan can now convert their loyalty points into crypto. Major conglomerate SBI Group’s APLUS is letting cardholders redeem APLUS points for small amounts of bitcoin (BTC), ether (ETH), or XRP (XRP). 2,100 points will earn users over 2,000 japanese yen worth of tokens, around $13...
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