Month: July 2024

BDAG’s $56.8M, X1 App Stirs Excitement Against ADA & ALGO

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BlockDAG’s Mining Boom: $56.8M Presale Explosion Overshadows ADA’s Surge and ALGO’s New Strategy Recent developments in the crypto world include Cardano’s (ADA) optimistic outlook following a robust defense against a DDoS attack and the launch of Algorand’s (ALGO) new Liquid Staking Protocol by Folks Finance, boosting staking flexibility. Amid these updates, BlockDAG’s X-series miners are … Read more

South Korea Launches Continuous Monitoring for Crypto Transactions

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South Korea’s Financial Supervisory Service (FSS) will introduce a continuous monitoring system on July 19 to track suspicious cryptocurrency transactions. Developed with local digital asset exchanges, this system aligns with the country’s Virtual Asset User Protection Act, which aims to regulate trade practices and protect investors. Major Korean crypto exchanges, including Upbit, Bithumb, Coinone, Korbit, … Read more

Putin on Dedollarization: 80% of Russia-China Trade in Rubles and Yuan

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Russian President Vladimir Putin highlights economic integration and dedollarization at the Shanghai Cooperation Organisation (SCO) Heads of State Council meeting, chaired by Indian Prime Minister Narendra Modi. “We are making wider use of national currencies for mutual settlements,” Putin stated, adding that over 80% of commercial transactions between Russia and the People’s Republic of China … Read more

BlockDAG X Mining Series | Shiba Inu Investors | AVAX Price Surge

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BlockDAG’s Mining Excellence and $3.6M in Miner Sales Draw Shiba Inu Holders Amid Promising AVAX Price Trends Shiba Inu investors have been disheartened by recent declines in price, while the AVAX price surge exhibits encouraging growth and attracts investor interest. Nonetheless, BlockDAG (BDAG) shines as the current top cryptocurrency. Having amassed $56.8 million in presales … Read more

Jack Dorsey Envisions Bitcoin Replacing US Dollar — Foresees BTC Reaching $1 Million

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Billionaire Jack Dorsey foresees a future where bitcoin could supplant the U.S. dollar as the dominant global currency. He envisions a scenario where bitcoin’s value could soar to $1 million by 2030. Highlighting the cryptocurrency’s decentralized nature, Dorsey underscores its potential to democratize financial systems and reduce reliance on traditional banking institutions. Jack Dorsey Anticipates … Read more

Economist Jim Rickards Discusses US Dollar Decline and Potential $27,000 Gold

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Economist Jim Rickards has shared insights on the U.S. dollar’s decline, driven by sanctions and mounting debt, and the potential rise in gold’s value as nations seek alternatives like the BRICS currency. He warns that internal mismanagement is the greatest threat to the dollar’s stability, stating to the U.S. government: “You’re taking confidence for granted. … Read more

BlockDAG Unveils Dev Release 65 with Major Blockchain Enhancements

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BlockDAG’s Dev Release 65 Introduces Major Blockchain Enhancements and Propels Presale Value by 1300% BlockDAG‘s latest Dev Release 65 brings forward a wave of new advancements in the blockchain domain. With notable improvements in the blockchain explorer and infrastructure deployment on the Devnet, BlockDAG is steadfast in its commitment to innovation and providing a better … Read more

Latam Insights: Paraguay Raises Bitcoin Mining Power Fees, Bolivia Praises Stablecoins as Dollar Proxy

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Welcome to Latam Insights, a compendium of Latin America’s most relevant crypto and economic news during the last week. In this issue: Paraguay raises bitcoin mining power fees, Bolivia talks about the utility of stablecoins as dollar alternatives, and Kavak tokenizes debt in Brazil. Paraguay Raises Bitcoin Mining Power Fees by 14%, Companies Mull Stopping … Read more