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Bitcoin News
Bitcoinsensus
2w
366
Image Credit: Bitcoinsensus
STABLE Act Advances Without Yield Option—Coinbase, Crypto Leaders Push Back
- The STABLE Act moves forward in Congress with amendments, but controversy grows over its ban on yield-bearing stablecoins, sparking debate between lawmakers and crypto industry leaders.
- Coinbase CEO Brian Armstrong argues that stablecoin issuers should be allowed to share interest with consumers, while Rep. French Hill states there is no consensus on the issue.
- The bill’s final structure could shape stablecoin adoption in the U.S., with industry leaders pushing for changes and policymakers weighing financial stability against innovation.
- The STABLE Act, a proposed U.S. legislation, seeks to oversee stablecoin issuance and establish oversight on Dollar-pegged digital assets.
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Livebitcoinnews
2w
383
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Australia Flags Crypto ATM Providers Over AML/CTF Concerns
- Australia has raised concerns about the growing number of cryptocurrency ATMs in the country.
- AUSTRAC (Australian financial services watchdog) forms a task force to investigate AML/CTF compliance of crypto ATM providers.
- Australia has experienced rapid expansion in the cryptocurrency ATM market, with over 1,600 machines currently in operation.
- AUSTRAC seeks reassurance from crypto ATM providers to reduce risks associated with money laundering and scam activities.
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23 Likes
Pymnts
2w
153
Image Credit: Pymnts
Trump Brothers’ Crypto Mining Venture American Bitcoin to Go Public
- American Bitcoin, a joint venture by Hut 8 and an investor group including Trump's sons, plans to go public.
- The crypto mining venture will seek additional private capital before going public.
- The venture will split into two sister companies - one focusing on energy, infrastructure, and data centers, while the other on bitcoin mining and reserves.
- American Bitcoin aims to become the leading bitcoin mining company in America.
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9 Likes
Livebitcoinnews
2w
122
Image Credit: Livebitcoinnews
Bybit to Shut Down NFT, Inscription, and IDO Services
- Bybit has announced the closure of its NFT Marketplace, Inscription Marketplace, and IDO product pages as part of its efforts to simplify services.
- Bybit supports asset management through alternative platforms for users to view NFTs with inscriptions.
- Bybit has demonstrated strong financial success despite a security attack in February, attracting $3.61 billion in capital in March 2023.
- The termination of NFT and IDO platforms by Bybit is influenced by declining trading volumes and regulatory factors in the cryptocurrency industry.
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Newsbtc
2w
341
Image Credit: Newsbtc
Why Buying Bitcoin Now Is Better Than Later As BTC Price Consolidates Within Falling Wedge
- Bitcoin is consolidating within a falling wedge pattern, suggesting a bullish breakout.
- Analyst predicts Bitcoin price to reach $109,000 by the end of April, surpassing its previous all-time high.
- Whales are accumulating Bitcoin, while retail investors are hesitant to enter the market.
- Bitcoin is currently trading at around $83,500, still 23.3% below its all-time high.
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20 Likes
Bitcoinsensus
2w
353
Image Credit: Bitcoinsensus
Metaplanet Bought 696 BTC for ~$73.5M
- Metaplanet bought 696 BTC for ~$97.6K purchase price.
- Metaplanet's total holdings are 4046 BTC with an average purchase price of ~$86.7K.
- The purchase cost Metaplanet 10.152 billion yen and is worth 52.368 billion yen at the time of writing.
- Japanese Strategy shows consistent Bitcoin accumulation and reflects good performance.
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21 Likes
Medium
2w
43
Decoding the Crypto Rebound: What 2025 Feels Like On-Chain
- Big players are now actively involved in blockchain, moving tokens and staking positions.
- DeFi is shifting towards long-term stability rather than rapid gains and crashes.
- AI is being used in blockchain analytics to identify hidden patterns and market shifts.
- More projects are embracing DAO models, prioritizing collaboration and trust in decision-making.
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Livebitcoinnews
2w
309
Image Credit: Livebitcoinnews
Coinbase CEO Pushes for Interest-Bearing Stablecoins in U.S.
- Coinbase CEO Brian Armstrong wants U.S. laws to change so that stablecoin holders can earn interest.
- Armstrong suggests that introducing interest on digital currency would benefit multiple users by allowing them to earn more substantial interest rates.
- The adoption of interest-bearing stablecoins would provide financial advantages to citizens in developing nations as well as the U.S. economy as a whole.
- President Donald Trump has asked Congress to establish stablecoin regulations to strengthen the global position of the U.S. dollar.
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Stackexchange
2w
222
Image Credit: Stackexchange
bad_cb_height in regtest in every block (even for very small heights)
- The user is having trouble generating blocks for Regtest and is encountering an "ERROR: AcceptBlock: bad-cb-height" message.
- The user is trying to mine a block with a height of 1, which is below the minimum block height of 500 for BIP34 to be enabled.
- The user is confused about why the height is causing an issue since it should be valid for a height below 500.
- The user provides the Coinbase transaction details and seeks help in understanding the problem.
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13 Likes
Livebitcoinnews
2w
283
Image Credit: Livebitcoinnews
Binance Stops USDT Spot Trading in EEA Amid MiCA Rules
- Binance has temporarily suspended USDT spot trading in the European Economic Area (EEA) to comply with the Markets in Crypto-Assets Regulation (MiCA).
- MiCA requires stablecoin issuers, including Binance, to prove fully collateralized reserves and adhere to disclosure rules.
- Binance has delisted USDT and other stablecoins from spot trading for its EEA-based customers and plans to comply with the regulations by March 31, 2025.
- While spot trading is no longer available, EEA users can still trade perpetual contracts for the impacted assets on Binance.
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17 Likes
Medium
2w
370
Image Credit: Medium
No Team, No Problem: How I’m Building a Bitcoin Wallet as a Solo Founder
- The article discusses the challenges of using Bitcoin for everyday transactions, such as high fees and slow transactions, and the limited merchant support.
- Despite over 106 million individuals owning Bitcoin globally, only about 400k use it for daily transactions, highlighting the gap between ownership and spending usage.
- The article emphasizes the need for a Bitcoin wallet designed to overcome barriers to spending, abstracting away technical complexity while maintaining self-custody.
- The solo founder is focused on creating a Bitcoin wallet that prioritizes spending and simplifies the payment experience while preserving Bitcoin's advantages.
- The founder aims to integrate Bitcoin with existing payment rails like Visa and Mastercard, treating them as complementary systems to accelerate adoption.
- The article delves into the founder's routine, emphasizing maximizing focus and productivity while maintaining sustainable energy levels as a solo developer.
- The founder's approach involves deep work sessions, livestreaming coding, creating technical and educational content, and optimizing for learning activities.
- The article details the founder's tech tools like Obsidian, Claude Desktop, Zen Browser, and Figma, as part of his refined workflow to enhance productivity.
- The solo founder outlines five main phases for the Bitcoin wallet project, starting with building an exceptional non-custodial wallet and eventually expanding to credit card services.
- The founder invites developers, Bitcoin enthusiasts, and interested individuals to join the project's journey, offering early access to beta releases and engagement through various platforms.
- The article concludes with the founder's vision to bridge the gap between Bitcoin's usability as everyday money and its current implementation through thoughtful evolution and community involvement.
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22 Likes
Newsbtc
2w
224
Image Credit: Newsbtc
XRP To $27 In 60 Days? Analyst Sees Deja Vu In Price Action
- Whispers of a potential big jump for XRP are circulating, with one analyst suggesting it could hit $27 by June.
- Crypto analyst Egrag Crypto sees similarities between the current market situation and what happened in 2017 and 2018, indicating a possible rise of around 718% for XRP.
- Key price levels to watch are $2.62, $3.0, and $3.4, with a potential profit-taking area at $9.7 before aiming for the ambitious $27 target.
- Positive market sentiment, increased buying, regulatory news, and overall crypto market performance could fuel the rise of XRP.
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13 Likes
Coindoo
2w
383
Image Credit: Coindoo
BlackRock Officially Launches Bitcoin ETP in the UK
- BlackRock, managing approximately $12 trillion in assets, has launched its iShares Bitcoin ETP in the UK.
- BlackRock's iShares Bitcoin ETP previously debuted in the US, becoming the largest Bitcoin ETF with over $47 billion in assets within the first year.
- BlackRock is the 51st firm officially registered as a crypto asset company with the FCA, allowing it to expand its cryptocurrency offerings in the UK.
- BlackRock's iShares Bitcoin ETP launched with a fee waiver of 10 basis points, making it attractive to investors, and is accessible to both institutional and retail investors.
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23 Likes
Cryptopotato
2w
431
Image Credit: Cryptopotato
Metaplanet Increases Bitcoin Holdings to 4,046 BTC with Latest Acquisition
- Tokyo-based firm Metaplanet has increased its Bitcoin holdings to 4,046 BTC with a recent acquisition.
- The company purchased an additional 696 BTC through its Bitcoin Income Generation business, using the strategy of selling cash-secured put options.
- The total value of this acquisition is approximately 10.15 billion yen ($73.5 million), with an average purchase price of 14,586,230 yen ($105,700) per Bitcoin.
- Metaplanet's Bitcoin acquisition strategy aims to expand its Bitcoin portfolio while improving shareholder value through cost-effective methods.
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25 Likes
Pymnts
2w
35
Image Credit: Pymnts
Ambient Raises $74 Million to Build Blockchain ‘Replacement for Bitcoin’
- Blockchain firm Ambient raises $74 million in funding to develop a blockchain as a replacement for Bitcoin.
- Ambient aims to address the potential obsolescence of Bitcoin's encryption mechanisms.
- The company plans to build a decentralized network with AI capabilities, positioning it as a competitor to OpenAI.
- Ambient offers a proof-of-work mechanism that will be familiar to bitcoin miners, facilitating an easy transition.
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2 Likes
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