Stripe and Paradigm’s joint blockchain project Tempo has launched its first public testnet, marking a major step forward in launching the official layer-1 blockchain. According to a Tuesday announcement from Tempo, the open source testnet is now live with anyone being able to “run a node or sync the chain” and test out a range …
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Tag:Altcoins
Lummis, Key U.S. Senator on Crypto Bill, Negotiating Dicey Points With White House
A Republican U.S. senator who has been at the center of talks over the crypto market structure bill that’s the industry’s top policy priority, Senator Cynthia Lummis, said that the White House has resisted ethics language she hashed out with Democrats. That’s left the Wyoming lawmaker as a go-between trying to satisfy Democratic colleagues in …
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US government holds Zcash
The US government appears to hold a significant amount of Zcash, a privacy-focused digital asset, according to a new analysis by Arkham Intelligence. The position, valued at approximately $1.5 million, reportedly stems from assets seized during the 2017 takedown of the AlphaBay darknet market. Arkham said it linked the funds to government-controlled wallets through transfers …
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Boutique Firm Nicholas Files for Fund Skipping U.S. Trading Hours
Weary U.S.-based bitcoin BTC$90,494.54 bulls might think it’s their imagination that they seem to wake up every morning to BTC doing pretty well only for prices to head lower during the U.S. trading session. They are, in fact, not imagining things. Data from crypto analytics platform Velo.xyz shows that over the past year, bitcoin is …
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Bitcoin Surge Ends up Liquidating $300M, But Ripple Lags
XRP posts respectable gains but continues to trail the wider digital asset surge, with below-average volume raising questions about the strength behind the move as bitcoin rocketed above $94,000 and broad-market liquidations reshuffle positioning. News Background Bitcoin’s sudden push above $94,000 triggered a broad rebound across major crypto assets, with nearly every large-cap token registering …
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Aptos (APT) Rises 8% After Breaking Through $1.80 Resistance
APT$1.9008 gained 7.8% to $1.91 over the last 24 hours, outpacing the broader cryptocurrency market as institutional flows drove price through key technical resistance. The rally advanced from $1.78 to $1.91, establishing clear upward momentum with support holding firm at the $1.74 level, according to CoinDesk Research’s technical analysis model. The broader market gauge, the …
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Bitwise’s BITW Wins SEC Approval, Expanding U.S. Crypto Index ETP Market
Bitwise’s crypto fund has just become the second crypto index to begin trading, letting individual traders and institutions access to multiple cryptocurrencies in a single investment vehicle. . The Bitwise 10 Crypto Index Fund (BITW), a $1.25 billion vehicle tracking the 10 largest digital assets, received the U.S. Securities and Exchange Commission (SEC)’s approval to …
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Michael Saylor Takes Bitcoin (BTC) Pitch to Middle East
The Middle East has a chance to become “the Switzerland of the 21st century” by embracing bitcoin-backed banking, credit, and digital money, said Strategy (MSTR) Executive Chairman Michael Saylor. In a wide-ranging presentation at Bitcoin MENA, Saylor urged the region to seize what he described as a $200 trillion opportunity by enabling banks to custody …
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Change of Pattern Sees Gains Early in U.S. Day
What started as a slow U.S. morning on crypto markets has taken a quick turn, with bitcoin BTC$94,261.14 re-taking the $94,000 level. Hovering just above $90,000 earlier in the day, the largest crypto surged back to $94,000 minutes after 16:00 UTC, gaining more than $3,000 in less than an hour and up 4% over the …
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Senator Lummis is Anticipating Crypto Market Structure Markup Next Week
Wyoming Senator Cynthia Lummis, a member of the US Senate Banking Committee and one of the most prominent proponents for addressing digital asset market structure in Congress, said she wants to take the next step in advancing the bill sometime next week. Speaking at the Blockchain Association Policy Summit on Tuesday, Lummis said she anticipated …
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