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Crypto

Trump Advocates for All Bitcoin Mining to Be U.S.-Based

Presumptive 2024 Republican nominee Donald Trump, in a surprising move, announced on Wednesday his vision for all remaining Bitcoin to be mined within the United States. This strategic positioning of cryptocurrency as a new battleground against President Joe Biden marks a significant shift for Trump, who was previously sceptical of the digital sector. This shift…

3 days ago0Comments

Byrwandatechnews

Crypto

Bitcoin drops below $70K

In a dramatic turn of events on Friday, Bitcoin's value plummeted below $70,000, triggering a wave of uncertainty across the broader cryptocurrency market. The sudden change in sentiment, with hopes for lower U.S. interest rates dashed and a significant drop in GameStop shares adding to the gloom, vividly illustrates the volatile nature of the cryptocurrency…

June 8, 20240Comments

Byrwandatechnews

Crypto

PayPal Launches Stablecoin on Solana in $2.6 Trillion Market

In its ongoing rivalry with Ethereum, Solana has secured a significant partnership with an unexpected ally—PayPal. On Wednesday, the online payments giant announced that its stablecoin, PayPal USD (PYUSD), is now available on the Solana blockchain network. This move not only enhances Solana’s credibility in the massive $2.6 trillion payments processing market but also sets…

May 29, 20240Comments

Byrwandatechnews

Crypto

HTX Surpasses Coinbase in Daily Spot Trading Volumes

The cryptocurrency trading platform HTX, formerly known as Huobi, has achieved a significant milestone in the global cryptocurrency market. It has now surpassed the United States-based exchange Coinbase in daily spot trading volumes, marking a notable shift in the industry's landscape. Justin Sun, the visionary founder of Tron and an esteemed advisor to HTX, shared…

May 28, 20240Comments

Byrwandatechnews

Crypto

SEC Nears Approval for Ether ETFs: What It Means for Crypto Investors

The US Securities and Exchange Commission (SEC) is getting closer to allowing eight new exchange-traded funds (ETFs) tied to ether, the world's second-biggest cryptocurrency after Bitcoin. This follows their approval of the first bitcoin ETFs earlier this year. On Thursday, the SEC approved some rule changes supporting these ether ETFs for big companies like BlackRock,…

May 25, 20240Comments

Byrwandatechnews

Crypto

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