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When Bitcoin spiked beyond $95,000 during the quiet trading hours of a Sunday, many celebrated a new era for cryptocurrency. The trigger? President Donald Trump’s unveiling of a US Crypto Strategic Reserve that included Bitcoin, Ethereum, XRP, Solana, and Cardano. Initially, this catalyst sent traders into a frenzy, envisioning a solidifying of cryptocurrency’s role within
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Few events in the political landscape raise eyebrows quite like the strategic moves of those appointed to high-ranking positions, particularly in technology-driven sectors like cryptocurrency. When David Sacks, the newly appointed AI and Crypto Czar during the Trump administration, revealed that he had divested all his cryptocurrency holdings—Bitcoin, Ethereum, and Solana—before stepping into his role,
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In a world where the cryptocurrency market oscillates wildly, recent insights unearthed by the crypto analyst CrediBULL Crypto have prompted a thorough re-evaluation of Bitcoin’s (BTC) standing. Notably, Bitcoin’s open interest has plummeted to a startling six-month low. While some may consider this alarming, history provides a nuanced lens through which to view this downturn.
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Australia’s decision to prioritize regulation over the creation of a strategic crypto reserve reflects a pragmatic approach that aims to safeguard its financial system while nurturing innovation. In stark contrast to the U.S., where the pursuit of becoming the “Crypto Capital of the World” has led to ambitious schemes and speculative bubbles, Australia acknowledges the
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