Crypto
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Paradigm raises $850M for third crypto fund
Paradigm has been discussing its new crypto fund for the past few months as markets rebounded. Source link
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Traders: Bitcoin price needs “fresh all-time highs” to end pump-and-dump cycles
Bitcoin price requires high demand side liquidity to push the price out of a long-lasting consolidation. Source link
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P2P.org partners with OKX to provide institutional staking services
The staking services company and validator reported that it reached $7.5 billion in total value locked in April. Source link
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$1M bet ChatGPT won’t lead to AGI, Apple’s intelligent AI use, AI millionaires surge: AI Eye
$1M prize to debunk hype over AGI, Apple Intelligence is modest but clever, Google is still stuck on that stupid ‘pizza glue’ answer. AI Eye. Source link
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Bitcoin is the only decentralized currency, Tether CEO says
The CEO of the company behind the world’s largest stablecoin, Tether (USDT), believes that Bitcoin is the only unstoppable cryptocurrency. Source link
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US Bitcoin miners silent in face of Kerrisdale ‘snake oil’ claims
U.S. Bitcoin miners have remained tight-lipped following a recently released Kerrisdale Capital report criticizing the industry. Source link
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European Commission selects Iota Web3 ID for blockchain sandbox
The European Commission’s selection of Iota’s Web3 ID solution highlights the solution’s potential to revolutionize KYC processes using distributed ledger technology and tokenization on a mass scale. Source link
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MicroStrategy plans $500M stock sale to buy more Bitcoin
MicroStrategy plans a $500 million stock sale to fund additional Bitcoin acquisitions, reinforcing its commitment to BTC as a treasury reserve asset. Source link
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Bitcoin gives back gains as 'hawkish' Fed costs bulls a trip to $70K
Bitcoin bulls run out of steam yet again as BTC price action returns to its pre-CPI position. Source link
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Self-custodial Bitcoin wallet Bitkit launches on app stores
Synonym’s Bitkit, a self-custodial Bitcoin wallet, launches on iOS and Android, promoting user control over BTC transactions without third-party intermediaries. Source link
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