Bitcoin Approaches $68,000 Amid Rising Geopolitical Uncertainty
Bitcoin's price has surged near $68,000, coinciding with an increase in gold prices, as heightened geopolitical tensions impact traditional markets and investor sentiment.
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Latest news from the Web3 ecosystem
Bitcoin Experiences Worst Start to the Year on Record
The cryptocurrency market is witnessing a significant downturn as Bitcoin heads towards its worst-ever performance in the first two months of the year, marking consecutive declines in January and February.
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White House Explores Limited Stablecoin Rewards in Latest Crypto Discussions
The White House is considering a proposal for limited stablecoin rewards linked to transaction activity, emerging from recent discussions between crypto and banking stakeholders.
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Metaplanet CEO Defends Bitcoin Strategy Amidst Scrutiny
Metaplanet CEO Simon Gerovich has addressed criticisms regarding the company's Bitcoin treasury strategy and operational transparency, clarifying key aspects of its business model.
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Bitdeer Shares Drop Following $300M Debt Offering Announcement
Cryptocurrency mining firm Bitdeer announced a $300 million convertible senior note offering, leading to a significant decline in its stock price.
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Fed President Kashkari Slams Crypto, Favors AI's Utility
Minneapolis Fed President Neel Kashkari has expressed strong skepticism towards cryptocurrencies, deeming them "utterly useless." He contrasted this with the significant potential he sees in Artificial Intelligence.
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Illicit Stablecoin Volume Reaches 5-Year Peak at $141 Billion
TRM Labs reports a significant surge in illicit stablecoin transactions, reaching $141 billion in 2025. Sanctions evasion and money laundering schemes were primary drivers of this activity.
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Quantum Fears Unlikely Cause for Bitcoin Selloff, Developer Argues
A Bitcoin developer suggests that fears of quantum computing impacting Bitcoin's security are not the primary driver behind recent price declines, pointing to Ethereum's stability as evidence.
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AI Agents Costly, Human Labor Remains Economical, Say Tech Leaders
High operational expenses for advanced AI agents are prompting tech executives to reassess their cost-effectiveness compared to human employees, suggesting that human labor remains the more economical choice for many tasks.
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Kraken Acquires Magna to Enhance Early Token Support
Kraken has acquired Magna, a move aimed at bolstering its capabilities to engage with token teams during the nascent stages of their development. This acquisition is set to enhance Kraken's support for new projects entering the Web3 space.
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Bitcoin Options Market Hints at February $60K Retest
Bearish options strategies and consistent spot Bitcoin ETF outflows suggest BTC may face downward pressure, potentially targeting the $60,000 mark in February.
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White House Pushes Banks on Stablecoin Framework, Signals Support for Yields
The White House is encouraging financial institutions to support a stablecoin market structure bill, indicating a preference for incorporating stablecoin yield opportunities.
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