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Everything posted by roadrunner
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With Donald Trump winning the presidential election and Elon Musk set to head the administration’s newly proposed Department of Government Efficiency (D.O.G.E) agency, a meme coin with the same acronym has made a significant leap in value. Musk’s Efficiency Agency Proposal Powers an Ethereum-Based Meme Coin Today, the meme coin market shines once again, up […]View the full article
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Germany’s economic troubles deepen as the ruling coalition disintegrates, exacerbating issues like shrinking investment and consumer confidence. Chancellor Olaf Scholz dismissed Finance Minister Christian Lindner, signaling a potential snap election. Germany’s economy, already struggling with high energy costs and lagging EU growth since 2018, is expected to contract for a second consecutive year, making it […]View the full article
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A newly elected, pro-crypto Congress is set to reshape U.S. policy, says Coinbase CEO, with 281 advocates ready to drive clear regulations and economic freedom. Coinbase CEO Welcomes the Most Pro-Crypto Congress in US History Coinbase CEO Brian Armstrong shared his perspectives on the elections this week, viewing the results as a pivotal moment for […]View the full article
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A pro-crypto Congress takes shape as more than 280 newly elected crypto-friendly allies promise to drive bold reforms, fueling momentum for a decentralized financial future. A New Congress Emerges, Driven by Crypto Voters and Rising Influence The U.S. cryptocurrency industry saw major successes in this week’s elections, with over 280 pro-crypto candidates winning congressional seats […]View the full article
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JPMorgan forecasts a bullish outlook for bitcoin through 2025, citing Trump’s economic policies and intensified “debasement trade” strategies favoring bitcoin and gold as hedges against currency devaluation. Bullish Outlook: JPMorgan Sees Bitcoin Poised for Gains Through 2025 Global investment bank JPMorgan released a report on Thursday, detailing how Donald Trump’s recent victory in the U.S. […]View the full article
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Bitcoin is in the “sweet spot” of its bull market halving cycle, says veteran trader Peter Brandt, who forecasts a peak between $130,000 and $150,000 in 2025. Peter Brandt’s Bold Bitcoin Prediction: Bull Market Sweet Spot Approaches Peak Veteran trader and well-known chartist Peter Brandt has predicted bitcoin could reach a high of between $130,000 […]View the full article
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Ohio’s Senate race delivered a major win for the crypto industry, as Bernie Moreno unseated crypto critic Sherrod Brown, signaling a shift toward pro-digital finance leadership. ‘Crypto Public Enemy’ Defeated as Ohio Elects Digital Finance Champion In Ohio’s Senate election this week, blockchain entrepreneur Bernie Moreno defeated three-term Democratic incumbent Senator Sherrod Brown, a prominent […]View the full article
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Mastercard’s Pay Local is set to transform digital payments globally, connecting 2 billion users with 35 million merchants. Mastercard Pay Local Unlocks Global Reach: 2 Billion Users, 35 Million Merchants Payment giant Mastercard announced on Monday the launch of Pay Local, a global service designed to expand the reach of digital wallets by providing access […]View the full article
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After Donald Trump secured his victory in the 2024 U.S. presidential race, Cynthia Lummis, the Republican senator from Wyoming, jumped on social media with a bold declaration: “We are going to build a strategic bitcoin reserve.” ‘Every Nation Needs a Bitcoin Reserve’ Wyoming’s Republican senator and vocal bitcoin advocate, Cynthia Lummis, couldn’t hide her excitement […]View the full article
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The French gambling regulator is considering banning access to the predictions market Polymarket despite the platform not specifically targeting French users. Polymarket’s Political Predictions Ruffle Feathers The French gambling regulator, the National Gaming Authority (NGA), is reportedly contemplating banning access to the predictions market Polymarket. An anonymous source in the NGA said the regulator can […]View the full article
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The bank’s token, JPM Coin, which already processes $2 billion in transactions every day, will be used for the settlement processes. JPMorgan Leveraging Blockchain for Cross-Border Settlement JPMorgan, the largest bank in the U.S. has set out plans to provide quick settlement for currency exchanges between the dollar and the euro. Over time, the bank […]View the full article
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The U.S. Federal Reserve gathered on Thu. for its Federal Open Market Committee (FOMC) session, where officials opted to trim the federal funds rate by a quarter-point. This announcement comes on the heels of Donald Trump’s election as the 47th president of the United States. “The economic outlook is uncertain, and the Committee is attentive […]View the full article
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MARA (NASDAQ: MARA) has released its unaudited Bitcoin production update for October 2024, reporting a total production of 717 Bitcoin, which represents a 2% increase compared to the previous month. The company’s energized hash rate increased by 14% to reach 40.2 EH/s, marking the highest production month since the Bitcoin halving event in April. Despite […]View the full article
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Crypto investors have found their latest obsession in FreeDum Fighters (DUM), a cheeky political satire coin raking in serious cash during its presale. With over $420,000 already raised and experts predicting 10x gains, could FreeDum Fighters be the next big thing in PolitiFi? FreeDum Fighters Offers Up to 760% by Betting on AI Politicians FreeDum […]View the full article
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Bitcoin’s mining difficulty has climbed past an unprecedented 100 trillion, marking a new peak in the complexity of finding blocks on the network. Bitcoin’s Mining Difficulty Hits 100 Trillion The difficulty level increased by 3.94%, now sitting at 101.65 trillion. Essentially, this metric gauges the challenge of adding a new block to the Bitcoin blockchain. […]View the full article
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Peter Todd, a Bitcoin pioneer recently accused of being Satoshi Nakamoto in HBO’s documentary “Money Electric: The Bitcoin Mystery,” has praised President Javier Milei’s vision for Argentina. At the sidelines of Labitcoinf, a Latam-focused crypto event, Todd stated that as a politician, Milei is “one of the most sensible the Western world has had in […]View the full article
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Amir Taaki, a former Bitcoin developer, voiced strong support for Ross Ulbricht, founder of Silk Road, in a statement released on U.S. Election Day, emphasizing Ulbricht’s influence on the cryptocurrency landscape and urging his release from prison. Amir Taaki Credits Ross Ulbricht as a Crypto Pioneer, Advocates for His Release Amir Taaki, a prominent figure […]View the full article
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PRESS RELEASE. OWB Studio, a pioneering force in Web3 gaming, today announced the successful completion of its Pre-Seed funding round, led by V3V Ventures and supported by over 30 angel investors. This crucial funding will accelerate the development and launch of the studio’s highly anticipated first game, Clash of Coins, which aims to seamlessly onboard […]View the full article
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As of 12 p.m. Eastern on U.S. election day, bitcoin (BTC) remains steady above $70,000, currently priced at $70,283 per coin, reflecting a 3.8% increase over the past 24 hours. Despite Tuesday’s gains, bitcoin shows a 3.1% decrease across the past week. Presently, BTC trades constitute $50.19 billion out of the global trading volume, which […]View the full article
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Brian Armstrong, CEO of Coinbase, argued that the exchange did not collect any listing fees while commenting on a case involving Binance asking for 15% of the total supply of a particular token. Nonetheless, two token founders contradicted Armstrong’s statements. Coinbase Allegedly Collecting Hidden Fees for Listing Assets in Its Platform Coinbase is in the […]View the full article
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Popular crypto poker site CoinPoker is known for its frequent promotions and tournament series (such as its flagship CSOP event, the Crypto Series of Poker) and November is no exception. Starting next Sunday the decentralized poker platform is launching a ‘Meme Millions’ series, running from Nov 17 – 24 with a $1,000,000 GTD prize pool […]View the full article
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In its latest report, Coin Metrics explores how the U.S. election may influence crypto markets. 2024 Election: Coin Metrics Examines Crypto Volatility and Market Reactions Coin Metrics’ latest report, authored by researchers Tanay Ved and Matías Andrade Cabieses, analyzes the potential effects of the 2024 U.S. presidential election on crypto markets, with particular emphasis on […]View the full article
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Web3 game Off the Grid has presented its “Save Democracy” pack, which includes skins resembling candidates from both sides of the aisle. Characters resembling the likenesses of Kamala Harris and Donald Trump are included featuring one-liners mocking the statements of the U.S. presidential election candidates. Off the Grid Gets Political With Save Democracy Pack, Including […]View the full article
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Following September’s slump to its lowest revenue of the year, bitcoin miners had a profitable October, recording a 25.05% revenue increase. Bitcoin Mining’s October Comeback On Oct. 31, one petahash per second (PH/s) of computing power was valued at $54.52 per PH/s, the highest hashprice in 30 days. As of today, however, the spot market […]View the full article
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Ever wondered how U.S. presidential elections impact the stock market? We explore historical trends, stock market predictions, and Bitcoin price movements under different administrations. The following guest post comes from Bitcoinminingstock.io, providing comprehensive data, in-depth research, and analyses on Bitcoin mining stocks. Originally published on Oct. 30, 2024, it was penned by Bitcoinminingstock.io author Cindy […]View the full article
