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US government transfers $288 million in seized bitcoin and ether to Coinbase Prime

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The US government just staged its seized crypto for an exchange, and it took an extra leap to get there. Government-linked wallets transferred about $288 million worth of bitcoin and ether seized from Coinbase Prime in about half a day on Monday, according to Arkham blockchain data. Ether went straight, while bitcoin took a detour […]

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Bitcoin Holds $62,600 as Iran Conflict Resumes and CPI Looms

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Bitcoin traded near $62,600 on Tuesday, down 0.3% over 24 hours and roughly flat for the week, according to CoinDesk data. The market is stable on the surface, but the underlying macroeconomic context has reversed. President Trump reinstated the U.S. blockade of Iranian ships passing through the Strait of Hormuz and demanded a 20 percent

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BTC, XRP and ETH Ahead of Inflation Report and Warsh Testimony

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West Texas Intermediate crude futures jumped to nearly $80 a barrel from $67 earlier this month, fueling fresh concerns about inflation. Focus on the testimonies of CPI and Warsh Investors will get a new reading on price pressures on Tuesday when the Labor Department releases the June Consumer Price Index at 8:30 a.m. ET. Economists

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US-Iran Hostilities Drive BTC Price Down Even as ETF Flows Show Demand: Crypto Daily

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Bitcoin is hovering around $63,000 after falling more than 1% since midnight UTC, amid a broader wave of risk aversion following mutual airstrikes by the United States and Iran over the weekend. Brent crude futures rose more than 3% to approach $79 a barrel as renewed fighting raised concerns about shipping through the Strait of

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SBI Holdings’ blockchain initiative moves towards Solana for tokenization and issuance of stablecoins

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Japanese asset giant SBI Holdings’ (8473) blockchain initiative is turning to Solana for its stablecoin and real-world asset (RWA) tokenization efforts. SBI Solana Global, formerly SBI R3 Japan, aims to use the network to connect Japan’s domestic market to global liquidity, according to a post on its website on Monday. The SBI Solana Global joint

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Franklin Crypto CIO Says Crypto Prices Are Disconnected from Fundamentals

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Latest developments: In an interview with Jennifer Sanasie on CoinDesk’s Public Keys, Ginns said the convergence between traditional finance and crypto continues to gain momentum despite a prolonged market slump. Franklin Crypto aims to create a leading fundamental crypto investment platform following Franklin Templeton’s acquisition of 250 Digital, the company spun out of CoinFund’s liquid

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Binance.US CEO Says Exchange Is Rebuilding, Eyes Returning to 20% US Market Share

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Latest developments: CEO Stephen Gregory said Binance.US is focused on growth after what he described as a two-year “hibernation” related to regulatory issues surrounding the broader Binance brand. Gregory said Binance.US is a separate U.S.-only entity with its own governance structure, although it shares an actual owner and common brand with Binance.com. He said the

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“Not all megawatts are created equal” in the race for AI

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The context: Building AI data centers remains a multi-year effort, with labor becoming a major execution challenge. Prager said the Kentucky facility is expected to come online beginning in 2028 and that TeraWulf has hired Fluor to help build the project. He said securing a skilled workforce and contractors is a bigger challenge than purchasing

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