The Art of Making CryptoCurrency
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The Texas House passed Senate Bill 21 (SB 21) on Wednesday to create a state-managed bitcoin reserve, advancing it to Governor Greg Abbott’s desk for final approval or veto within 20 days. Cryptocurrency in State Hands: Texas Legislature Passes Bitcoin Reserve Bill The bill, titled the Texas Strategic Bitcoin Reserve and Investment Act, aims to […] Source link
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On Friday, credit rating agency Moody’s downgraded the United States’ long-term credit rating from Aaa to Aa1, pointing to a decade of mounting debt and escalating interest payment pressures. The development lands amid intensifying recession concerns, turbulent trading conditions, and disjointed activity across bond markets. Triple-A No More—Moody’s Strips U.S. of Top Rating Amid Exploding […] Source link
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DeFi Development Corp. (Nasdaq: DFDV) announced the acquisition of 172,670 solana ( SOL) tokens at an average price of $136.81, totaling approximately $23.6 million, marking the company’s largest purchase of solana to date and its tenth acquisition under its digital asset treasury strategy. Following this transaction, DeFi Development Corp. now holds a total of 595,988 […] Source link
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U.S. Vice President J.D. Vance will deliver a keynote address at Bitcoin 2025 in Las Vegas on May 28, organizers announced Friday. Las Vegas Bitcoin Summit Draws VP Vance for ‘Code + Country’ Speech The three-day conference, hosted by BTC Inc. at The Venetian Las Vegas, is expected to draw more than 30,000 attendees. J.D. […] Source link
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Bitcoin ETFs posted a $1.81 billion net inflow for the week ending May 2, marking their 3rd consecutive week in the green. Ether ETFs also saw another week of gains, pulling in $106.75 million and extending their rebound. Bitcoin ETFs Keep Winning Streak Alive As Ether ETFs Follow with $106 Million The streak continues for […] Source link
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Although April brought modest gains to the broader crypto economy, data reveals a continued descent in non-fungible token (NFT) sales, which contracted by 39.62% over the past 30 days. Ethereum retained its status as the leading blockchain by NFT sales volume, yet its figures receded by 44.86% compared with the previous month. NFT Sector Pummeled: […] Source link
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While the broader crypto market enjoyed steady gains last week, the stablecoin sector expanded notably, contributing an additional $4.581 billion to the fiat-linked crypto ecosystem. Fiat-Linked Tokens Expand Amid Market Volatility As of press time on Sunday, the stablecoin economy holds a valuation of $239.108 billion, requiring an additional $892 million to surpass the $240 […] Source link
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As of April 23, 2025, relations between China and the U.S. remain fraught, dominated by an intensifying trade war and deep diplomatic discord. But this week, U.S. President Trump told reporters that tariffs on China would drop “substantially,” sparking a notable lift in equity and crypto markets. President Trump to Play ‘Nice’; Treasury Secretary Bessent […] Source link
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Around 4 a.m. Eastern time Saturday, when Bitcoin’s block height reached 893,088, the network difficulty ratcheted upward to a new all‑time high, making the quest for new blocks considerably more difficult for miners. Block 893,088 Triggers Another All‑Time High in Mining Complexity After the prior adjustment delivered a 6.81% gain, Bitcoin’s difficulty has climbed anew. […] Source link
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XRP trades at $2.14 with a market capitalization of $124 billion, a 24-hour trading volume of $2.47 billion, and a price range between $2.103 and $2.185, reflecting short-term consolidation as it positions for a potential breakout. XRP The one-hour chart for XRP reveals range-bound behavior, with the price oscillating between $2.13 and $2.18. Despite multiple […] Source link
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