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El Salvador Views Bitcoin as a Tool to Liberate the Nation from Fiat Currencies
El Salvador’s bitcoin roadmap might include a deeper integration of the crypto asset as part of its economic future. Felix Ulloa, Vice-President of El Salvador, recently stated that bitcoin might become a tool to liberate El Salvador from using fiat currencies, including the U.S. dollar. Read more
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Coinbase derides SEC’s $2.6 billion budget request; American Securities Association calls for lower amount
“Yet again the SEC asks for more money that will go to regulation by enforcement when it has used none of its massive budget for real crypto rulemaking that would actually foster regulatory clarity.” Read more
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Apple Stock Soars on AI News
Apple’s stock surged over 7% to a record high following the company’s announcements at its annual Worldwide Developers Conference (WWDC) on June 11, 2024. The boost in investor confidence was driven by the unveiling of new artificial intelligence (AI) features, including an advanced Siri virtual assistant and other AI-powered functionalities, positioning Apple just $22 billion… Read more
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Funding Open-Source Generative AI with Crypto
The intersection between generative artificial intelligence and Web3 is one of the most active areas of research and development in crypto circles over the last few months. Decentralized compute, zero-knowledge AI, smaller foundation models, decentralized data networks, and AI-first chains are some of the recent trends that aim to enable Web3-native rails for AI workloads. Read more
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Bitcoin Pullback to $66K Triggers $250M in Crypto Liquidations as Traders Brace for ‘Wild Wednesday’ of FOMC
Cryptocurrencies tumbled deeper into correction on Tuesday with bitcoin (BTC) dipping to near $66,000 as traders brace for Wednesday’s key U.S. inflation report and Federal Reserve meeting. Read more
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What Crypto Investors Should Know as Tokenization Comes for All Assets
On top of the innovation and wealth creation that blockchain and cryptoassets have created and spread across the world and financial markets these technologies and assets have also spurred a renewed conversation around how markets and payments will evolve moving forward. Read more
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Big Friday Crypto Selloff Pulls Bitcoin Below $70K
What was thought to be a challenge of all-time highs for bitcoin (BTC) has turned into a fast retreat in U.S. trading on Friday, with the world’s largest crypto barely hanging onto a week-over-week gain. Read more
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Devcon Scholars Program Returns for Devcon Southeast Asia, Aiming to Build a Collaborative Community
The Ethereum Foundation has announced the return of the Devcon Scholars Program for Devcon Southeast Asia (SEA), aiming to bring together a diverse group of builders from various backgrounds and disciplines. The initiative is designed not only to provide scholarships but also to foster a community focused on co-learning and co-creation, thereby bridging Ethereum with… Read more
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Robinhood to Acquire Bitstamp Crypto Exchange in $200 Million All-Cash Deal
Robinhood Markets has announced an agreement to acquire Bitstamp Ltd., one of the oldest and most respected cryptocurrency exchanges, in a $200 million all-cash deal. Read more
