Tag: Business

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Starknet Launches Crypto Staking Feature for Ethereum L2 Blockchains

Starknet, a major layer-2 blockchain operating on Ethereum, has introduced a new feature that allows users to earn money by staking their tokens and validating transactions. This move aims to decentralize the network and...
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Ethereum Layer 2 Solutions Drive Surge in Blob Usage

Ethereum, a popular blockchain platform, has seen a significant increase in the usage of a new data management tool called "blobs." These blobs were introduced earlier this year as part of the Dencun upgrade,...
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Official Crypto Policy Launch by FCA Scheduled for 2026: UK’s 12% Digital Asset Ownership

The Financial Conduct Authority (FCA) in the UK has announced that they will be waiting until 2026 to launch an official crypto policy. This decision comes as 12% of adults in the UK now...
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Navigating the Memecoin Mania: Binance Founder Urges Utility Innovation

Binance founder Changpeng Zhao has raised concerns about the current hype surrounding memecoins and is calling for more focus on developing utility-driven tokens. In a recent post on social media, Zhao acknowledged the popularity...
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MicroStrategy’s Bitcoin (BTC) Stake Reaches 386.7K with Latest Purchase

MicroStrategy, led by Michael Saylor, recently made a massive purchase of Bitcoin, acquiring 55,500 tokens for $5.4 billion. This significant acquisition brings their total Bitcoin holdings to 386,700, which are now valued at nearly...
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Bitcoin Price Update: BTC Drops Below $94K, Eyes $100K Target

Bitcoin has taken a slight dip in the past 24 hours, sliding near the $94,000 mark after coming close to hitting $100,000 for the first time. This correction has continued for the third consecutive...
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Bitcoin Price Plunge to $95k Results in $180M Trader Losses, Halts $100k Surge

Bitcoin's price took a sudden dive below $95,000, causing panic among traders and resulting in significant losses totaling $180 million. This unexpected drop halted the momentum that was pushing Bitcoin towards the $100,000 milestone,...
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Michael Sonnenshein Joins Aptos Labs as Adviser

Michael Sonnenshein, the former CEO of Grayscale Investments, has recently taken on a new role as an adviser at Aptos Labs. He will be working alongside Kevin Weil, the chief product officer at OpenAI....
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Cryptocurrency Market Update: Bitcoin Price Drops 1.8% as Ether Price Surges 5.6%

Cryptocurrency Market Update: Bitcoin Price Drops 1.8% as Ether Price Surges 5.6%The cryptocurrency market saw some ups and downs recently, with Bitcoin prices dropping by 1.8% while Ether prices surged by 5.6%. This shift...
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Ethereum Outperforms Bitcoin as Price Recoils: ETH vs BTC Analysis

Ether has been gaining momentum in the cryptocurrency market as bitcoin's rally has hit a roadblock, allowing ETH to outperform BTC. In the past 24 hours, Ethereum has surged by over 4%, while bitcoin...