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JPMorgan Predicts Bitcoin's Market Dominance Will Extend Through 2025
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JPMorgan analysts forecast Bitcoin to maintain its cryptocurrency market leadership position through 2025, citing institutional adoption and its role as digital gold. The analysis points to MicroStrategy's massive acquisition plans and Bitcoin ETFs as key drivers supporting continued dominance.
Government's Bitcoin Sales Cost Taxpayers $18.5 Billion in Lost Value
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Senator Cynthia Lummis investigates U.S. Marshals Service's controversial practice of selling seized Bitcoin assets, revealing $18.5 billion in unrealized losses. The investigation focuses on the Silk Road case and questions federal cryptocurrency management policies that may have disadvantaged American taxpayers.
Trump Plans Executive Order to Make Cryptocurrency a National Priority
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Former President Trump is preparing an executive order that would establish digital assets as a key national priority, marking a significant shift from Biden's regulatory approach. The order includes creating a crypto advisory council, reviewing regulations, and potentially establishing a national Bitcoin reserve using $20 billion in government-held Bitcoin.
XRP Surges to Historic $3.39 as Trump's Election Victory Reshapes Crypto Landscape
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Ripple's XRP cryptocurrency has shattered its previous record, reaching $3.39 amid growing institutional interest and anticipated regulatory changes. The surge follows years of SEC-induced suppression and coincides with Trump's election victory, promising a more crypto-friendly regulatory environment.
Swiss State Bank PostFinance Launches Ethereum Staking Services
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PostFinance AG, Switzerland's government-owned bank, introduces Ethereum staking services for customers through its e-finance platform, becoming the first systemically important financial institution to offer crypto staking. The implementation uses native staking directly on the Ethereum blockchain for maximum security and transparency.
SEC Chair Gensler's Final Stance: Bitcoin Stands Apart from 'Non-Compliant' Crypto Industry
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In his final days as SEC Chairman, Gary Gensler maintains his hardline position on cryptocurrency regulation while specifically exempting Bitcoin from criticism. His departure marks a potential shift in SEC's regulatory approach, though industry challenges remain.
Jio Partners with Polygon Labs to Bring Web3 Services to 450 Million Users in India
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Jio Platforms Limited teams up with Polygon Labs to integrate blockchain solutions across its digital services, potentially transforming experiences for over 450 million customers. The strategic partnership aims to enhance data privacy and enable secure transactions through Polygon's high-performance network.
Vitalik Buterin Defends Sony's L2 Strategy as Validation of Ethereum's Business Value
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Ethereum co-founder Vitalik Buterin weighs in on Sony's controversial Layer-2 blockchain platform Soneium, highlighting how it demonstrates Ethereum's flexibility for enterprise adoption. Buterin emphasizes the platform's ability to balance corporate control with transparency through customizable smart contracts.
XRP Soars 20% as Market Recovery Gains Momentum
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Ripple's XRP cryptocurrency has surged 20% in the past week, reaching $2.78 amid broader market recovery signs. Technical analysts project ambitious price targets beyond $10 as the token displays remarkable resilience and growing investor confidence.