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Solana's Co-Founder Highlights Network Benefits from Meme Coins

Solana’s Co-Founder Highlights Network Benefits from Meme Coins

The surge in popularity of meme tokens on Solana has resulted in a stress test of the network aimed at enhancing its resilience. This was stated by the project’s co-founder Anatoly Yakovenko, reports The Block. During a discussion on stage at the Emergence conference in Prague, the entrepreneur joked: “Blessed are the meme coin traders, […]

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BlackRock and MARA Acquire 9173 BTC Amid Bitcoin's Dip Below $100,000

BlackRock and MARA Acquire 9173 BTC Amid Bitcoin’s Dip Below $100,000

On December 5, BlackRock and MARA Holdings purchased 7750 BTC and 1423 BTC respectively, while an unknown whale acquired 600 BTC as the leading cryptocurrency’s price fell to $90,500. That day, Bitcoin’s decline exceeded 13% at its lowest point, with the price plummeting from an all-time high above $104,000 to $90,500, before rebounding to $98,000. […]

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Elon Musk's xAI Secures $6 Billion in Funding

Elon Musk’s xAI Secures $6 Billion in Funding

Elon Musk’s AI startup xAI has secured $6 billion, according to a filing with the SEC. The identities of the investors and the company’s valuation remain undisclosed. In May, xAI raised $6 billion, bringing the total amount of funds raised to $12 billion. According to the Financial Times, investors from the previous round gained access […]

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Financial Times Columnists Issue 'Apology' Following Bitcoin's Record High

Financial Times Columnists Issue ‘Apology’ Following Bitcoin’s Record High

Readers accused the authors of the Financial Times Alphaville column, which focuses on markets and finance, of cynicism and denial of facts following the publication of their controversial apology to the crypto community. Hodlers: an apology https://t.co/aDJdYXuCQD — FT Alphaville (@FTAlphaville) December 5, 2024 From the first paragraph, the journalists revealed their stance on Bitcoin: […]

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Trump Nominates David Sacks as 'Crypto Czar'

Trump Nominates David Sacks as ‘Crypto Czar’

US President-elect Donald Trump has nominated David Sacks for the role of so-called ‘czar’ in the fields of AI and digital assets. Source: Truth Social. “In this important role, David will lead the administration’s policy on artificial intelligence and cryptocurrencies, two areas crucial for America’s future competitiveness,” the politician stated. One of Sacks’s tasks will […]

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Bitcoin Dips Below $100,000 Amidst Extreme Volatility

Bitcoin Dips Below $100,000 Amidst Extreme Volatility

Between December 5 and 6, Bitcoin’s decline exceeded 13% at its lowest points, with the price plummeting from an ATH above $104,000 to $90,500, before rebounding to $98,000. Hourly BTC/USDT chart on Binance. Data: TradingView. At the time of writing, the daily rate of decline had reduced to 3.8%. Rachel Lucas from BTC Markets explained […]

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Phantom Wallet Expands to Include Sui Support

Phantom Wallet Expands to Include Sui Support

The developers of the popular Phantom wallet have announced the integration of Sui, adding to its existing support for Solana, Ethereum, Base, Polygon, and Bitcoin.

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Donald Trump Congratulates Crypto Community on Bitcoin Reaching $100,000

Donald Trump Congratulates Crypto Community on Bitcoin Reaching $100,000

Newly elected U.S. President Donald Trump congratulated the crypto community as Bitcoin hit $100,000. “Congratulations to the Bitcoiners! $100,000! Cheers! Together we will make America great again,” he wrote on the social network Truth. Trump has reasons to consider this milestone partly his achievement. He is expected to deregulate and adopt a friendly stance towards […]

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Tether CEO Labels USDT as Catalyst for Bitcoin Price Surge

Tether CEO Labels USDT as Catalyst for Bitcoin Price Surge

A strong correlation exists between bitcoin’s rise above $100,000 and the increased supply of Tether’s USDT stablecoin, according to the company’s CEO, Paolo Ardoino, in an interview with The Block. In the last 20 days alone, the market capitalization of the stablecoin has grown by approximately $16 billion, he noted. This is partly due to […]

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Xion Team Launches Mainnet and Gamified Airdrop Mechanism

Xion Team Launches Mainnet and Gamified Airdrop Mechanism

The developers of the Xion platform have launched the mainnet alongside the Double or Nothing mechanism, which gamifies the initial token release. This was reported by The Block. Double or Nothing allows participants to choose between potentially doubling their rewards or losing them through a spinning wheel. Eligibility for the initial Believe in Something distribution […]

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Michael Saylor Predicts Bitcoin to Reach $13 Million

Michael Saylor, the founder of MicroStrategy, has forecasted that Bitcoin will rise to $13 million with a market capitalization of $280 trillion by 2045. Saylor believes that the world’s total wealth is increasing due to innovation and inflation. Money will flow into Bitcoin from other assets, causing it to grow faster than the rest of […]

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Bitcoin's Path Beyond $100,000: Experts Weigh In

Bitcoin’s Path Beyond $100,000: Experts Weigh In

On December 5th, after the US trading session had closed, Bitcoin surged past $100,000, driven by a strong bullish momentum, and is trading at $102,818 at the time of writing, according to CoinGecko. ForkLog consulted experts on the potential ceiling for the digital gold’s price in the current market phase. Thanks to Powell Trader Vladimir […]

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