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Category Archives: Cryptocurrency

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Honduras’ Próspera Zone recognizes Bitcoin as an official unit of account

Próspera Zone in Honduras officially recognizes Bitcoin as a unit of account, expanding financial freedom. Acting manager Jorge Colindres leads the initiative, emphasizing the right to financial flexibility. Despite temporary limitations, entities opting for Bitcoin can calculate tax obligations internally. In a significant development, the

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The explosive growth of cryptocurrencies over the past decade

Cryptocurrencies surged from 66 in 2013 to 8,886 in 2023. 2017 marked explosive growth, leading to 2,817 currencies. The market peaked at 7,557 in 2021, later consolidating to 8,886 in 2023. In the fast-paced world of finance and technology, the last decade has witnessed an

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Goldman Sachs joins major players in talks for Bitcoin ETFs amid SEC anticipation

Goldman Sachs eyes a pivotal role in collaboration with BlackRock and Grayscale. The regulatory landscape faces challenges, but SEC discussions with major exchanges signal a potential shift. The inclusion of reputable institutions like Goldman Sachs suggests increased confidence in addressing regulatory concerns. In a potential

2024 may be a year of memecoins as this presale cruises past $2M

Inflows to crypto funds are up big,  Crypto-adjacent stocks outperform all their TradFi counterparts as the Bitcoin ($BTC) Spot ETF is just days away.  Strap in because a bull market like no other could be on the way. The top 5 cryptos to buy now

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Bitzlato freezes Bitcoin withdrawals as Memeinator’s MMTR presale raises $2.57M

Bitzlato halts Bitcoin withdrawals amid co-founder’s guilty plea & legal turmoil. Bitzlato has experienced seizures to partial restoration amid DOJ allegations. Memeinator’s MMTR Presale has raised over $2.57 million as stage 10 nears its end. In a surprising turn of events, cryptocurrency exchange Bitzlato has

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MicroStrategy boosts Bitcoin holdings with $615M purchase, eyes 1% of supply

MicroStrategy acquires 14,620 BTC for $615.7M, pushing total holdings to 189,150 BTC at $5.9B. CEO Michael Saylor remains bullish on Bitcoin, considering it the world’s most valuable asset class. The company’s proactive crypto strategy aligns with growing institutional interest, eyes 1% of Bitcoin supply. MicroStrategy

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