Money from cryptocurrency advocates could play a role in the 2024 election cycle, so why does the Stand With Crypto PAC seem to be obfuscating its numbers? Source link
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VanEck outlined an ambitious scenario in which Bitcoin (BTC) could reach a staggering $2.9 million per coin by 2050 under a “base case scenario” in its latest research report. According to the report — authored by the firm’s head of digital assets, Matthew Sigel, and senior investment analyst Patrick Bush…
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Despite this week’s Bitcoin price sell-off, the rally to $68,000 put short-term traders back in profit and onchain metrics remain bullish. Source link
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The Russian State Duma passed a bill legalizing Bitcoin mining and allowing the use of crypto for international trade. The bill, which was first introduced a few years ago, is expected to take effect on Sept. 1, pending final approval from the federation. Based on local reports, the vote tally…
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Analysts worry ETH will prove a harder sell than BTC to traditional investors. Source link
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After a decade of waiting, Mt. Gox customers will find their crypto assets worth much more than when the exchange collapsed. Source link
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Crypto exchange Bitstamp announced it has begun the process of returning recovered digital assets to creditors of the defunct Mt. Gox exchange. The development marks a significant milestone in a decade-long effort to reimburse those affected by the infamous 2014 hack that led to Mt. Gox’s collapse. Bitstamp is one…
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Polymarket now accepts most fiat payments as well as crypto purchases with PayPal, according to MoonPay. Source link
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US wholesale inventory growth data for June came in at 0.2%, lower than the previous 0.6% and the estimated 0.5%, suggesting cautious inventory management amid uncertain demand. If this reflects weakening consumer spending, it could potentially ease inflationary pressures. Retail inventories, excluding auto, grew 0.2%, supporting a trend of reduced…
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Monoswap warned users not to deposit any new funds or open new positions at this time. Source link