digital currency Archives - Page 5 of 13

Crypto Super PACs Make A Comeback, Pouring Millions Into Upcoming US Elections

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Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure In a significant revival of political activity, crypto-focused Political Action Committees (PACs) are gearing up to amplify their influence in upcoming special elections across the United States. Following a successful campaign during last year’s elections, these super PACs are determined to position […]

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Survey Finds Majority Of South Koreans Have Traded Digital Currency

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Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure According to a survey by Hana Bank’s Hana Financial Research Institute, half of adults in their 20s through 50s have tried crypto, and more than a quarter still hold them. The study finds that 51% of people in that age range have

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IRS Intensifies Scrutiny Of Crypto With Surge In Warning Letters

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Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure As crypto prices see a new rebound with Bitcoin (BTC) leading the pack, US investors are not only anticipating significant returns on BTC and other digital assets but also facing increased scrutiny from the Internal Revenue Service (IRS). Recent reports indicate that

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Bitcoin Deserves a Bigger Slice of Your Portfolio

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Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure US financial advisor Ric Edelman has upped his Bitcoin recommendation from a cautious 1% to a bold 10–40% of investors’ portfolios. He points to the January 2024 launch of US Bitcoin spot ETFs, which funneled in more than $10  billion in their

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The 0K Mirage: Bitcoin’s Rally Not Backed By On-Chain Strength

The $100K Mirage: Bitcoin’s Rally Not Backed By On-Chain Strength

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Bitcoin briefly climbed back above $100,000 this month, pushing close to the $108,000 level before a new pullback. The move looks strong on the surface. But based on reports from Glassnode, much of that surge came from traders using borrowed funds, not fresh buyers piling in. Speculative Bets Fuel Recent Rally According to on-chain data,

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SoFi Digital Bank Relaunches Trading After 2-Year Break

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Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure SoFi Technologies is back in crypto. On Wednesday, the online banking platform said it will let customers trade digital coins and send money abroad using blockchain. This marks a full turn from last November, when SoFi paused its crypto services to secure

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Russia Sets Digital Ruble Deadline for Mass Adoption by Major Banks and Retailers

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Russia is fast-tracking a nationwide digital currency revolution, mandating banks and major retailers to adopt the digital ruble in a sweeping payments system overhaul. Digital Ruble Rollout Accelerates With Mandatory Integration Deadlines A sweeping overhaul of Russia’s retail payments sector is on the horizon as the digital ruble, Russia’s central bank digital currency (CBDC), edges

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Warning From Central Banks: Stablecoins Fall Short As Effective Monetary Tools

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Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure The Bank for International Settlements (BIS) has issued a stark warning regarding the alleged risks associated with stablecoins, urging nations to expedite the tokenization of their currencies. Stablecoins Under Scrutiny The BIS, often referred to as the central bank for central banks,

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Crypto Profits Could Be Off-Limits To Presidents, Families Under New Proposal

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Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure Senator Adam Schiff of California rolled out a bill on Monday aimed squarely at the highest office in the land. It would bar the president, vice president and their immediate family from getting into any crypto business while wearing the badge of

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Bitcoin Weathers The Iran-Israel Storm Better Than Wall Street’s Best—Analyst

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Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure Bitcoin stayed surprisingly steady this week as global conflicts flared. According to André Dragosch, Head of Research at Bitwise Europe, the coin’s recent swings have quieted down. Investors saw less shake and rattle even after a 7% dip over the weekend. That

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