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Bitcoin
Binance Japan to Launch With 34 Listed Cryptocurrencies
Binance, which is preparing to launch its new Japanese platform in August, will offer users the opportunity to trade 34 coins, local crypto media reported. Besides major cryptocurrencies such as bitcoin and ether, Binance’s own token…
Bitcoin Miner Genesis Digital Assets Opens 3 New Data Centers in South Carolina
Genesis Digital Assets (GDA), one of the world’s largest bitcoin mining companies, has opened three new data centers in the western region of South Carolina. The facilities represent GDA’s continued expansion in the United…
US District Judge Rejects Approach in SEC v Ripple Ruling on XRP
A senior U.S. district judge has rejected the approach taken in the Securities and Exchange Commission (SEC) v. Ripple ruling regarding XRP. “The court declines to draw a distinction between these coins based on their manner of…
Robert Kiyosaki Warns US Economy Not Strong, America Broke — Says He Still Prefers Bitcoin
Rich Dad Poor Dad author Robert Kiyosaki says the U.S. economy is not strong and America is broke. Noting that the stock market is going up because President Joe Biden raised the debt ceiling, he emphasized that he still prefers gold,…
FTX Unveils Reorganization Strategy, Proposing ‘Offshore Crypto Exchange’ and New Trust
In the midst of the bankruptcy proceedings, FTX presented its primary reorganization strategy and term sheet to the U.S. bankruptcy court, detailing an ambitious plan to reinvent FTX as an “offshore crypto exchange” while also founding a…
Longtime Environmentalist RFK Jr. Not So Sure Bitcoin Is Boiling the Oceans
The environmental argument "should not be used as smokescreen to curtail freedom to transact," U.S. Democratic presidential candidate Robert F. Kennedy Jr wrote on Twitter.
Bitcoin Won’t Back U.S. Dollar, Presidential Hopeful Vivek Ramaswamy Says
The Republican candidate’s comments stand in contrast to Democratic candidate Robert F. Kennedy, who supports using bitcoin to stabilize the dollar.
Bitcoin’s Plunge Below $29K Triggers $92 Million in Derivatives Liquidations; Crypto Markets Tremble
As bitcoin dipped below the $29K threshold and the overall crypto economy experienced a 1.4% decrease to $1.17 trillion, cryptocurrency derivatives markets underwent $92 million in liquidations, primarily in long positions.
Cascading…
Biggest Movers: SOL, XLM 5% Lower, as Bearish Streak Extends
Solana dropped for a third consecutive session on Tuesday, as the token started the month of August nearly 5% lower. Overall, the global market cap was mostly in the red, dropping by 1.44% as of writing. Stellar fell to a one-week low,…
Crypto Staking in the Crosshairs: IRS Unveils New Tax Guidance
The U.S. Internal Revenue Service (IRS) has issued a decree stating that American citizens drawing income from cryptocurrency staking services must categorize the value of those digital assets as gross income, the moment they officially…