Anthony Scaramucci Was Asked About His Profit-Taking Strategy On Bitcoin, Altcoins: Here’s What He Said
Anthony Scaramucci, CEO of investment firm SkyBridge Capital, discussed his take-profit strategy for cryptocurrencies on Thursday, stating that he will not sell his Bitcoin (CRYPTO: BTC) but rather target altcoins such as Solana (CRYPTO: SOL) in the long run. What happened: During an interview with the Altcoin Daily, the...
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Stablecoin developer Usual faces backlash after changing redeem function
Stablecoin developer Usual is under scrutiny after changing 1:1 redemption mechanism for USD0++, its yield-bearing staked token tied to the USD0 stablecoin. USD0++, the staked version of the USD0 stablecoin by Usual, dropped to $0.92 — 8% below its previous…...
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Oklahoma Senator Introduces Bitcoin Freedom Act To Allow BTC Payments
Republican state senator Dusty Deevers recently introduced a bill allowing Oklahoma employees and residents to opt to receive salaries in Bitcoin and enable businesses to accept BTC payments. Oklahoma Senator Introduces Bitcoin Freedom Act On January 8, Senator Dusty Deevers announced the Bitcoin Freedom Act, a proposed bill to...
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Ripple (XRP) Developments, Optimistic Cardano (ADA) Predictions, and More: Bits Recap Jan 10
TL;DR Ripple’s stablecoin RLUSD gained adoption from top exchanges like Bitstamp, offering diverse trading pairs. Cardano’s ADA rebounded to $0.97, with analysts predicting future highs between $6.45 and $7. Bitcoin (BTC) fluctuated from $102K to $92K, now at $94.5K, with forecasts as high as $500K for 2025. What’s New...
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Polkadot‘s Largest LST – vDOT, Reached $2.2M Supply Cap on Hydration MM within 15 Hours
[PRESS RELEASE – Singapore, Singapore, January 10th, 2025] Bifrost has announced that vDOT, Polkadot‘s largest liquid staking token (LST), has been listed as a collateral asset on Hydration Money Market. Within 15 hours of opening deposits and borrows, vDOT reached the supply cap of 220K and surpassed $2.2 million...
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Crypto Fear And Greed Index Hits Lowest Level Since October As Bitcoin Falls Under $92K, Dogecoin And Shiba Inu Trade In Red
The CMC Crypto Fear and Greed Index has plummeted below 50, reaching its lowest point since Oct. 14. This drop coincides with Bitcoin‘s (CRYPTO: BTC) price slipping under $92,000, marking a notable change in market sentiment. What Happened: As of 3:20 am ET on Friday, Bitcoin was trading at $94,708.791 while the index...
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$2.27 Billion in Bitcoin, Ethereum Options Expire: Market Awaits Volatility
Options for Bitcoin and Ethereum valued at $2.27 billion expire today, which might add some turmoil to the market. Of the aggregate, $1.81 billion options are for Bitcoin and $459 million worth are for Ethereum. Source: https://www.equiti.com/sc-en/news/crypto-hub/3b-in-btc-and-eth-options-expire/ In total, 19,364 […] The post $2.27 Billion in Bitcoin, Ethereum Options...
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How BCH Miner can help users make passive income easily
BCH Miner is transforming crypto mining with instant setup, low costs, and user-friendly cloud solutions for everyone. #sponsored...
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China’s Central Bank Halts Bond Purchases to Support Yuan
On Friday, China’s central bank took steps to support the yuan, which has been losing ground, with its depreciation being viewed as a potential tailwind for bitcoin (BTC). The People’s Bank of China announced that it will stop purchasing government bonds this month as their demand now overshadows the...
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UK Treasury confirms crypto staking falls outside collective investment scheme regulations
Staking will not be considered a collective investment scheme in the United Kingdom, according to a recent amendment by the U.K. Treasury. U.K. Authorities have updated a section of the Financial Services and Markets Act 2000, which regulates financial markets…...
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