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Traders Are Crushed as Trump Social Media Post Triggers Huge $415 Million Crypto Saw

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Crypto market traders took a beating from both sides Monday afternoon, with over $400 million in liquidations on long and short positions in the last 4 hours. Bitcoin rose from $67,500 to more than $71,200 Monday afternoon after U.S. President Donald Trump posted on Truth Social that he had asked the Pentagon to postpone all […]

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Bitmine (BMNR) buys 65,341 ETH worth $138 million betting on crypto crisis ending

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Bitmine Immersion Technologies (BMNR) said Monday that it purchased 65,341 ether (ETH) last week, extending a recent buying spree as the company continues to address the market slowdown. The latest acquisition, worth approximately $138 million at current ETH prices, brought the company’s total holdings above 4.66 million tokens, grabbing 3.86% of ETH’s circulating supply, according

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BlackRock is betting billions that token funds will do for Wall Street what the Internet did for mail

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BlackRock Chairman and CEO Larry Fink used his annual letter to shareholders to argue that digital assets and tokenization could help update the financial system, even as he warned that the U.S. economic model leaves too many people behind. In the letter, Fink said the current system has brought most of its gains to people

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Michael Saylor Strategy (MSTR) Renews Plans to Buy $42 Billion BTC

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Strategy (MSTR) unveiled a $42 billion at-the-market (ATM) equity program, split between $21 billion of Class A common stock (MSTR) and $21 billion of Series A floating rate perpetual preferred stock, Stretch (STRC), according to an 8-K filing. The company also introduced a new $2.1 billion ATM program for its STRK preferred stock, replacing a

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Backpack Exchange Launches BP Token with 25% Airdrop, No Insider Allocation

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Backpack Exchange, a Solana-based cryptocurrency trading platform, launched its native token, BP, on Monday, detailing a token generation event (TGE) that includes a mix of user distribution, lockups, and a company equity-linked mechanism. At launch, 25% of the total supply of 1 billion tokens, or approximately 250 million BP, will be distributed, primarily through an

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H100 eyes Europe’s largest Bitcoin hoard with 3,500 BTC in proposed acquisitions

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H100 Group (H100), a publicly traded bitcoin based in Stockholm BTC$70,664.21 treasury company focused on institutional exposure to bitcoin, said it has signed a letter of intent to acquire Norwegian peers Moonshot AS and Never Say Die AS to increase its holdings in the largest cryptocurrency. If completed, the deal would approximately triple H100’s bitcoin

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Brazilian Finance Minister Delays Plan for Dividing Crypto Tax

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Brazil’s new Finance Minister Dario Durigan is expected to delay a public consultation on applying a financial transactions tax, known locally as Imposto sobre Operações Financeiras (IOF), to certain cryptocurrency transactions, Reuters reported, citing sources familiar with the matter. Durigan took office on March 20 after Fernando Haddad resigned to run for governor of São

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