Tag: Technology

news-15112024-155159

LTC Leads CoinDesk 20 Index with 8.5% Gain: Performance Update

CoinDesk, a reputable media outlet that focuses on cryptocurrency news, has recently reported that LTC (Litecoin) has shown an impressive 8.5% gain, leading the CoinDesk 20 Index. This significant increase in LTC's performance has...
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Why Bitwise is Converting its $1.3 Billion Crypto Index Fund to an ETF

Bitwise Asset Management has announced its plans to convert its $1.3 billion Bitwise 10 Crypto Index Fund (BITW) into an exchange-traded fund (ETF). This move comes as the company aims to capitalize on market...
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Greenidge Bitcoin Mining Legal Victory in New York: Keeping Operations Running

Bitcoin mining company Greenidge Generation has emerged victorious in a legal battle against the New York State Department of Environmental Conservation (DEC), allowing it to continue its operations in the state. The court ruling,...
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SocGen Crypto Arm Launching Euro Stablecoin on XRP Ledger: Multichain Expansion Plan

SG-FORGE, a subsidiary of Societe Generale, a French bank, is set to launch its euro stablecoin, EUR CoinVertible (EURCV), on the XRP Ledger network. This move is part of the company's strategy to expand...
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UK Government to Pilot Digital Gilt on Distributed Ledger Technology

The UK government is set to launch a pilot program to introduce a Digital Gilt Instrument using distributed ledger technology (DLT), according to a recent statement. This move is part of the government's efforts...
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Bitcoin Miners Move $4 Billion to Exchanges Amid $90,000 Price Surge

Bitcoin miners have been making some significant moves in the market recently. As the price of Bitcoin soared past $90,000, miners transferred over $4 billion worth of Bitcoin to exchanges. This surge in miner-to-exchange...
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Jerome Powell’s Hawkish Comments Impact on Crypto Markets

Federal Reserve Chairman Jerome Powell's recent comments had a noticeable impact on the crypto markets, causing a slight downturn in prices. In his speech at a Dallas conference, Powell emphasized that the current strength...
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Bitcoin Price Prediction: VanEck Executive Forecasts $180K Target Amid Institutional Interest

Bitcoin's price is predicted to skyrocket to $180,000 within the next year, thanks to increasing institutional interest and supportive government policies, as per VanEck's head of digital assets research, Matthew Sigel. This forecast comes...
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Simplified Asset Tokenization Platform Unveiled by Tether for Businesses and Nation-States

Tether, the company known for the popular cryptocurrency USDT, has officially launched a new platform called Hadron. This platform is designed to simplify the process of tokenizing a variety of real-world assets such as...
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Matt Gaetz Nominated by Trump as US Attorney General

US President-elect Donald Trump has chosen Congressman Matt Gaetz to serve as the Attorney General in his administration. This move by Trump further solidifies his support for cryptocurrency, as Gaetz is known for his...