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Visa and Bridge plan to expand stablecoin-linked card to over 100 countries

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Bridge, a stablecoin company owned by Visa and Stripe, has globally expanded the stablecoin-linked card issuance product unveiled last year, which focused on Central and South American countries. Lead Bank, which was announced as a participant in Visa’s stablecoin settlement pilot earlier this year, is also working with Bridge’s stablecoin infrastructure, according to a press […]

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Long-term BTC Bull Case Remains, Says Fabian Dori

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Bitcoin BTC$67,418.96 volatility is expected to remain high in the near term and prices could fall further, as crypto markets grapple with tight liquidity and deeply fractured sentiment, according to Fabian Dori, chief investment officer of Sygnum Bank. But the longer-term picture, he says, remains intact. “We can see volatility remaining high in the near

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Oil shock and inflation fears weigh on Bitcoin: Crypto Daybook Americas

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By Francisco Rodrigues (All times ET unless otherwise noted) Bitcoin fell more than 3.5% to below $67,000 as escalating tensions in the Middle East pushed investors out of risky assets and toward the U.S. dollar. As the conflict escalates, Iran has threatened to close the Strait of Hormuz, a key shipping lane that carries about

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US Judge Dismisses Uniswap Scam Token Class Action Lawsuit With Prejudice

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A federal judge has dismissed a proposed class-action lawsuit against Uniswap Labs, CEO Hayden Adams and several venture capital backers, ruling they cannot be held liable for so-called “rug pull” tokens traded on the decentralized exchange’s protocol. In a ruling Monday in the U.S. District Court for the Southern District of New York, Judge Katherine

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Japanese Prime Minister Sanae Takaichi Disavows Solana Coin After Its 75% Crash

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Japan’s Economic Security Minister Sanae Takaichi said she had “absolutely no knowledge” of a Solana-based meme token bearing her name, after the cryptocurrency briefly reached a market capitalization of around $30 million. “I have heard that a cryptocurrency called SANAE TOKEN has been issued and is being traded to some extent,” Takaichi wrote on His

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Tether taps Deloitte for its first report on USAT reserves

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Leading stablecoin issuer Tether has won approval from Deloitte for the first reserves report linked to its new US-regulated stablecoin, after years of difficulties in its dealings with major accounting firms. Deloitte reviewed a report prepared by Anchorage Digital Bank, which issued the company’s new USAT token. In a letter released Monday, the accounting firm

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Over 95% of all bitcoins have already been mined, the rest will take over a century

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Bitcoin BTC$68,105.70 is on the verge of reaching a major symbolic milestone with the issuance of its 20 millionth coin. According to the Clark Moody dashboard, 19,996,979 BTC have been mined, leaving only about 3,000 BTC before the 20 millionth bitcoin is reached, in about seven days at current issuance rates. Once this threshold is

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Bitcoin surges as IBIT records one of biggest inflow days of the quarter amid Iranian volatility

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Bitcoin traded near $68,000 on Tuesday as U.S. spot ETFs brought in $458 million, according to data curated by SoSoValue, marking one of the strongest inflow days of the quarter despite the ongoing conflict with Iran. These inflows suggest that institutional investors are treating bitcoin’s recent volatility resulting from the war as contained rather than

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