EUR/USD Plummets: Middle East Turmoil Fuels Fierce US Dollar Rally Against Stubborn Eurozone Inflation
A viral post on the social media platform X recently claimed that Satoshi Nakamoto, the pseudonymous creator of Bitcoin, just sold 10,000 BTC. An attached screenshot purported to show on-chain data supporting the claim, and the rumor quickly garnered attention on the social media platform. The ramifications of such a sale are huge because Nakamoto’s…
The crypto market is in the middle of a remarkable surge. Ether (ETH) soared over 21% in the past 24 hours to break the $3,800 mark. Meanwhile, Bitcoin (BTC) has climbed past $71,000. This rally has propelled the total market capitalization to increase by over 8% in the past day. Did you know? Want to get…
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According to local reports, Russia’s central bank is re-examining its long-standing opposition to stablecoins. First Deputy Chairman Vladimir Chistyukhin said the Bank of Russia will conduct a study this year on the feasibility of creating a Russian stablecoin. Previously, Russia had consistently opposed plans for a centralized stablecoin. However, Chistyukhin said foreign practice now warrants…
Advertisement     Ray Dalio has advised investors to stop equating Bitcoin (BTC) with gold, noting that the leading crypto lacks central bank backing, has limited privacy features, and still faces questions around privacy safeguards and quantum resistance. The Bridgewater Associates founder rejected the notion of Bitcoin as “digital gold,” telling the All-In Podcast…
Bitcoin wrapped the week in green, reclaiming the $115,000 mark as traders grew increasingly confident about the possibility of US interest rate cuts. That optimism spilled across the market, lifting most digital assets and nudging the total crypto market cap back above the $4 trillion threshold, a level it had failed to reclaim since late…