Day: December 9, 2024

Strategic Bitcoin Reserve Speculation Grows: Initiatives Allegedly Greenlit by Four Nations

David Bailey, CEO of BTC Inc. and advisor to President-elect Trump’s campaign, has revealed that four undisclosed nations have agreed to establish strategic bitcoin reserve initiatives, hinting at the future organization of a Bitcoin G7. Strategic Bitcoin Reserve Initiatives Allegedly Approved by Four Nations The rise of bitcoin’s concept as a strategic international reserve asset […] Source CryptoX Portal

PEPE Price Hits $0.000027 ATH, On-Chain Data Says These Are The People Driving It

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Este artículo también está disponible en español. The PEPE price recently reached a new all-time high (ATH) of $0.00002716, becoming the first major meme cryptocurrency to do so in the ongoing bull cycle. This rally to a new PEPE all-time high was driven by increased whale activity and accumulation. Whale Accumulation Fuels PEPE’s Bullish Momentum Data shared by crypto analyst Ali Martinez on social media platform X highlights that PEPE whales recently added $1.14 billion in PEPE to their holdings, pushing the total whale-controlled amount to $7.56 billion. This plays…

HTX DAO Drives Innovation in Exchange Ecosystem With Proposals on “Multiple Farming” and Liquidity Burning

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PRESS RELEASE. In the competitive cryptocurrency market, innovation has emerged as a critical driver for the evolution of exchange ecosystems. Leading exchange HTX, through its decentralized governance framework, HTX DAO, has introduced groundbreaking proposals: the launch of a “Multiple Farming” model and the pivot from liquidity pledge to burning. These initiatives seek to enhance user […] Source

Bitcoin (BTC) Price Hits Mid-Cycle Peak as Retail Interest in Altcoins Soars

By Omkar Godbole (All times ET unless indicated otherwise) The crypto market has begun the week on a negative note, with bitcoin (BTC) lower after a weekend spent wrestling with the $100,000 mark amid reports that Amazon shareholders are pushing for an allocation to the cryptocurrency. The persistent indecisiveness since Dec. 5 amid increased retail participation has some indicators pointing to a mid-bull cycle top. For example, BTC’s value days destroyed (VDD) indicator, a velocity gauge, has jumped to 2.0 from 0.5, signaling that older coins are being sold. As…

Dogecoin Pressing Range Highs – Can Bulls Push DOGE To ATH?

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Este artículo también está disponible en español. Dogecoin experienced a modest rally yesterday, breaking past its local highs and reaching $0.484. The move excited the DOGE community, as the meme coin seemed ready for further gains. However, the price has since retraced slightly, failing to confirm a breakout above this critical resistance. Top analyst and trader Cheds shared his insights on X, revealing that Dogecoin is pressing against its range highs. According to his technical analysis, a confirmed breakout above these levels could set the stage for a significant rally,…

Bitcoin Exceeds $100K in Daily and Weekly Close; A Milestone

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For the first time in history, Bitcoin closed above the $100,000 mark on Dec. 8. The value achieved a weekly close at $103,900.47 and daily close at $101,236.01. This record achievement portrays a new era of confidence among investors, with several factors influencing the significant increase in digital assets.  Bitcoin (BTC) reached its all-time high on Dec. 5 at $103,679 but soon corrected itself to $97,074.22, its opening price on Dec. 6. However, on Sunday, Dec. 8, the market closed at $101,236.01, as per CoinMarketCap. The weekly close came in at…

Immoral and Unconstitutional: D.O.G.E. Advisor Ron Paul Calls for the Elimination of Foreign Aid

.Ron Paul, former presidential candidate and soon-to-be-appointed advisor to Elon Musk’s D.O.G.E., has called for the elimination of foreign aid, labeling it as immoral and unconstitutional. Vivek Ramaswamy, co-head of the department, agreed with Ron’s ideas, stating that it represents “a waste of taxpayer dollars.” D.O.G.E Advisor Ron Paul Rails Against Foreign Aid Initiatives, Calls […] Source CryptoX Portal

Statement on the public sector approach

Two years ago, I set out my vision of working more effectively with public authorities across the UK so they could better protect people’s information, while transforming public services and improving outcomes for their communities. I introduced a two-year trial of an approach where we would work proactively with senior leaders across the public sector to encourage data protection compliance, prevent harms before they occur and learn lessons when things have gone wrong. I wanted my office to be part of the conversations early on, instead of being on the…

CZ encourages Amazon to accept Bitcoin payments

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Former Binance CEO, Changpeng ‘CZ’ Zhao, suggests Amazon start accepting Bitcoin as a form of payment in the wake of shareholders requesting the tech giant to consider adding BTC to its treasury. In a recent post, CZ responded to the news about Amazon shareholders requesting board members to conduct an assessment to decide on whether the tech giant should consider adding Bitcoin (BTC) its strategic reserve. The former Binance head suggested that the company should start accepting Bitcoin as a form of payment for their online marketplace as a gateway…

Statement on the public sector approach from the Permanent Secretary of DSIT

Statement on the ICO public sector approach from the Permanent Secretary of the Department for Science, Innovation and Technology (DSIT) on behalf of Whitehall leaders: The Information Commissioner has set out the outcome of his two-year trial of a new approach to regulating public sector organisations. His review notes the positive impact this has had in protecting personal data and highlighting some key challenges going forward. Considering the evidence, he has decided to continue with the public sector approach and keep it under review for the foreseeable future. I welcome…