Business – Page 7 – PK Press Club

Why Bitcoin Quantum Fears Will Disappear Just Like Climate Panic

Welcome to our institutional newsletter, Crypto Long & Short. This week: Martin Gaspar explains how Bitcoin seeks to overcome quantum fears, echoing past climate backlash The headlines institutions should pay attention to by Francisco Rodrigues Aave Revenue Multiples Hit 2024 Low Despite Rising Prices in Chart of the Week Thanks for joining us! -Alexandra Lévis […]

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BTC gains over $73,000 as money flees South Korean stocks

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The South Korean stock market suffered one of the fastest declines in its history this week, with the Kospi falling around 20% in two trading days as geopolitical tensions have, for the moment, shattered what might be called a speculative bubble in popular AI-related names. The rapid decline follows months of aggressive buying by retail

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New Bull Market May Be About to Begin, Says Owen Lau

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Cryptocurrency prices could be approaching a turning point after months of losses, as several recent developments could mark the start of a new bullish phase. In a note published on Wednesday, Clear Street analyst Owen Lau said the roughly 44% drop in crypto markets between October 10 and February 28 could now represent the end

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BTC funds see recent inflows of $1.7 billion

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After weeks of regular withdrawals, investors are beginning to allocate new capital to spot Bitcoin exchange-traded funds (ETFs) in the United States. This change follows a difficult start to the year for products. From mid-October, when the price of Bitcoin began to fall, through the end of February, spot Bitcoin ETFs saw cumulative outflows of

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Trump met with Coinbase CEO Brian Armstrong before criticizing banks over the crypto bill.

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US President Donald Trump and Coinbase CEO Brian Armstrong met behind closed doors shortly before the president said bankers were trying to undermine the GENIUS Act in a Truth Social article, CoinDesk has confirmed. “The United States needs to get the market structure in place as soon as possible. Americans should make more money with

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Bitcoin (BTC) Expected to Trade Higher in Crypto Transition Year, Says Keyrock CEO

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Bitcoin BTC$71,150.61 should trade higher than today. This is the view of Kevin de Patoul, CEO and co-founder of crypto investment firm Keyrock, who says the market is misinterpreting both macroeconomic conditions and structural progress in digital assets. The world’s largest cryptocurrency was trading around $73,000 at press time. Bitcoin is down about 18% year

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Foundation wants network to be the trust layer for AI

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As artificial intelligence reshapes everything from finance to cybersecurity, the Ethereum Foundation (EF) is strategizing how the world’s second-largest blockchain fits into this future. Instead of trying to merge blockchains and AI at the raw compute level – something Ethereum was never designed to do – EF sees the network playing a different role: acting

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Crypto Election PAC Fairshake Marks First US Congressional Primary Wins in 2026

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The crypto industry’s campaign finance arm, the Fairshake political action committee, is already racking up victories in the opening primaries of the 2026 U.S. Congressional midterm elections, having supported several lesser candidates while opposing prominent longtime Texas congressman Al Green. Jessica Steinmann, a former Justice Department lawyer backed by President Donald Trump, won a landslide

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Exodus or firewall? Blockchain analysts clash over Iran’s crypto outflows

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When airstrikes hit Iran on February 28, Nobitex’s cryptocurrency outflows soared 873%, suggesting a “digital banking run” was underway. The reality is perhaps more complex.

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BTC sits just below an “air pocket” above $72,000

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Bitcoin’s “air pocket” is once again in focus as the largest cryptocurrency by market capitalization rose Wednesday to just under $72,000. The air pocket refers to a thin supply zone between $72,000 and $80,000, where relatively few coins last changed hands, according to Glassnode data. Only about 1% of the circulating bitcoin supply falls within

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