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Bitcoin Hits Another Milestone, Topping $77K for First Time; Funding Rates Suggest Crypto Rally Can Keep Going
1 min read
  • Crypto

Bitcoin Hits Another Milestone, Topping $77K for First Time; Funding Rates Suggest Crypto Rally Can Keep Going

cryptovert November 9, 2024
A look at traditional markets shows the S&P 500 crossing the 6,000 mark for the first time...
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Stablecoin Giant Tether Enters Oil Trade by Financing $45M Middle Eastern Crude Deal
2 min read
  • Crypto

Stablecoin Giant Tether Enters Oil Trade by Financing $45M Middle Eastern Crude Deal

cryptovert November 9, 2024
Tether said its investment arm financed 670,000 barrels of Middle East crude oil worth $45 million. The...
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Ethereum Foundation’s Treasury Shrunk 39% Over 2 1/2 Years to $970M
1 min read
  • Crypto

Ethereum Foundation’s Treasury Shrunk 39% Over 2 1/2 Years to $970M

cryptovert November 9, 2024
The foundation spent $105.4 million in 2022 and $134.9 million last year, it revealed. The figures are...
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CoinDesk 20 Performance Update: ADA Gains 9.9%, Leading Index Higher from Thursday
1 min read
  • Crypto

CoinDesk 20 Performance Update: ADA Gains 9.9%, Leading Index Higher from Thursday

cryptovert November 9, 2024
CoinDesk Indices presents its daily market update, highlighting the performance of leaders and laggards in the CoinDesk...
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Chinese Nationals Gain Access to Stablecoins in Hong Kong Via New Trial
1 min read
  • Crypto

Chinese Nationals Gain Access to Stablecoins in Hong Kong Via New Trial

cryptovert November 9, 2024
The first trial will permit anonymous registration on a regulated stablecoin app and the other will facilitate...
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Republicans Look Set to Clinch Electoral Sweep, Echoing Polymarket Bets
3 min read
  • Crypto

Republicans Look Set to Clinch Electoral Sweep, Echoing Polymarket Bets

cryptovert November 8, 2024
The U.S.’s Republican Party seems set to keep control of the House of Representatives, completing its trifecta...
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Jack Dorsey’s Square to Invest More in Bitcoin Mining and Shut Decentralized ‘Web5’ Venture
1 min read
  • Crypto

Jack Dorsey’s Square to Invest More in Bitcoin Mining and Shut Decentralized ‘Web5’ Venture

cryptovert November 8, 2024
Square is also focusing more on its self-custody wallet, Bitkey, which the company started shipping in March....
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Detroiters Will Be Able to Pay Their Taxes in Crypto Next Year Using PayPal
1 min read
  • Crypto

Detroiters Will Be Able to Pay Their Taxes in Crypto Next Year Using PayPal

cryptovert November 8, 2024
Detroiters will soon be able to pay their taxes and other city fees with crypto through PayPal,...
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Coinbase Brings Bitcoin to Solana, Spurring High Hopes for DeFi Surge
3 min read
  • Crypto

Coinbase Brings Bitcoin to Solana, Spurring High Hopes for DeFi Surge

cryptovert November 8, 2024
Coinbase introduced cbBTC, which brings bitcoin to the Solana blockchain. Bitcoin helps power trading, lending and borrowing...
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Intense Competition — Not Technology — Will Fuel Blockchain’s Rise to Dominance
1 min read
  • Crypto

Intense Competition — Not Technology — Will Fuel Blockchain’s Rise to Dominance

cryptovert November 8, 2024
So why aren’t companies and individuals moving their transactions on-chain, then? They are, but slowly. An entire...
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