US big banks hold early talks on joint crypto stablecoin: WSJ

Some of the biggest banking companies in the US are reportedly exploring a team-up to launch a crypto stablecoin. Companies owned by JPMorgan, Bank of America, Citigroup and Wells Fargo have discussed the possibility of jointly issuing a stablecoin, The Wall Street Journal reported on May 22, citing people familiar with the matter. Other financial institutions linked to the potential stablecoin include Early Warning Services, the parent company of digital payments network Zelle, and the payment network Clearing House. The discussions are still in the early stages, and a final…

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Bitcoin Miners Press on as Difficulty Climbs 1.42% in Early Saturday Adjustment

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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Bitcoin volume hits lowest since early 2021 amid fear $25K may return

Bitcoin (BTC) stayed static at the July 31 Wall Street open as analysis warned that the net was closing in for bulls. BTC/USD 1-hour chart. Source: TradingView $28,300 “last line of defence” for BTC price Data from Cointelegraph Markets Pro and TradingView followed the BTC price as it greeted the last trading day of July with more sideways behavior. Much like the weekend and the week prior, nothing seemed able to effect a major trend change, while a brief spurt above $29,500 after the weekly close provided the most interesting…

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How I Missed The Early Days Of Bitcoin

This is an opinion editorial by Enza Coin, a Bitcoin-focused investor and content creator. The other day I was looking through my closet and found a pair of my old FitFlops. Does anyone remember these? FitFlops sold for some $100 and promised to work your legs into shape just by walking. Seeing them made me recall the time I spent traveling across Asia from around 2008 onward. In those years and into the early 2010s, I was busy managing a company based in Hong Kong while accompanying my then boyfriend/fiancé…

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