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Bitcoin News
Bitcoinist
2w
427
Image Credit: Bitcoinist
California Lawmaker Adds Bitcoin and Crypto Rights To Digital Assets Bill
- A Californian lawmaker has added Bitcoin (BTC) and crypto rights to the amended Assembly Bill 1052 (AB1052) to recognize digital assets as a payment method, secure self-custody, and protect investors.
- California's Banking and Finance Committee chairman, Avelino Valencia, has added Bitcoin and crypto investors' protections to his digital assets bill.
- AB1052 aims to secure self-custody rights for California residents, recognize digital assets as a valid payment method, and prevent discrimination and taxation based on digital asset use.
- The bill also establishes a framework to handle unclaimed digital assets and expands the scope of the Political Reform Act of 1974 to prohibit public officials from promoting digital assets.
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25 Likes
Coin Telegraph
2w
170
Image Credit: Coin Telegraph
OpenAI to release its first ‘open’ language model since GPT-2 in 2019
- OpenAI is set to launch an “open” version of its language model this year, allowing developers to run the model on their own hardware.
- The model is the first “open-weight” language model since GPT-2 in 2019.
- To gather feedback, OpenAI will host developer events to gather feedback and play with early prototypes.
- OpenAI aims to see what developers build and how large companies and governments use the model.
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10 Likes
Tokenhell
2w
388
Image Credit: Tokenhell
March 2025 in Charts – US Trade Tariffs Hit Crypto as DeFi Users Lose $22 Million to Hackers
- US trade tariffs imposed by President Trump cause price volatility in crypto markets, leading to a drop in Bitcoin price and affecting Trump's own crypto investments.
- Two US states, Kentucky and Utah, pass crypto legislation to provide clear guidance for businesses accepting digital asset payments.
- Solana experiences a 99% drop in revenue and a significant decrease in trading volumes on decentralized exchanges.
- Hackers target decentralized finance protocols, resulting in the loss of $22 million worth of crypto across four hacking incidents.
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23 Likes
TheNewsCrypto
2w
283
Image Credit: TheNewsCrypto
Is Bitcoin Testing $70K Support the Key Needed for $90K Bulls To Resurface?
- Bitcoin tested the $81K support and recorded a mild price increase resulting in a progression to the $83K resistance.
- If Bitcoin falls below $80K, it has little to no support until $70,000, potentially leading to a bullish turn.
- The prolonged hold-up at the $80K level has caused frustration, but previous support testing could lead to a rebound to $90,000.
- Bitcoin's technical indicators suggest an oversold market situation, while other altcoins show modest bullish signs.
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17 Likes
Coindoo
2w
1.7k
Image Credit: Coindoo
BlackRock CEO Warns U.S. Dollar’s Future at Risk, Sees Bitcoin as Potential Alternative
- BlackRock CEO, Larry Fink, warns that unless the U.S. government manages its fiscal path, Bitcoin could become an alternative to the dollar.
- Fink highlights the risk of the U.S. debt burden, with projections suggesting a permanent deficit and all federal revenue going towards servicing the debt.
- The growing pressure on the economy could erode trust in the dollar, causing digital assets like Bitcoin to be viewed as less risky and offer a safer haven from volatility.
- Fink emphasizes the role of digital finance and tokenization in the future, calling for a significant overhaul of the existing financial system and the development of a robust regulatory framework.
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24 Likes
Crypto-News-Flash
2w
2k
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BlackRock CEO Warns: Bitcoin May Overtake U.S. Dollar as Reserve Currency
- BlackRock CEO, Larry Fink, warns that Bitcoin may challenge the U.S. dollar as the global reserve currency due to the escalating national debt.
- Fink suggests that if the U.S. fails to address its fiscal path, digital assets like Bitcoin could emerge as viable alternatives to the dollar.
- The U.S. national debt has exceeded 100% of GDP, and Fink highlights the potential future scenario where all federal revenue goes towards debt servicing by 2030.
- Fink emphasizes the role of digital finance and asset tokenization, and BlackRock has already launched the iShares Bitcoin Trust, positioning Bitcoin as a potential asset for diversified portfolios.
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29 Likes
Cryptonews
2w
4.6k
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Trump Family Backs Bitcoin Miner Merge to Establish World’s Largest Mining Firm
- Crypto mining and infrastructure firm Hut 8 has acquired a majority stake in American Bitcoin, a company founded by a group of investors that includes Donald Trump Jr. and Eric Trump.
- The consolidation will merge mining hardware under the American Bitcoin brand to create a focused, efficient pure-play miner and build a strategic Bitcoin reserve.
- Hut 8 aims to become the world's largest and most efficient pure-play Bitcoin miner.
- The move marks a pivotal evolution in Hut 8's platform strategy.
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Coin Telegraph
2w
305
Image Credit: Coin Telegraph
Bitcoin price gearing up for next leg of ‘acceleration phase’ — Fidelity research
- A recent Fidelity Digital Assets report questions if Bitcoin is entering another 'acceleration phase'.
- Analyst Zack Wainwright suggests Bitcoin is still in an acceleration phase approaching completion.
- Institutional investors continue to accumulate BTC, disregarding day-to-day price fluctuations.
- Bitcoin's number of all-time high days may indicate a new all-time high near $110,000 is possible.
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18 Likes
Crypto-News-Flash
2w
132
Image Credit: Crypto-News-Flash
Trump Family Accused of Profiting Most from WLFI in New Report
- Recent reports suggest that the Trump family controls 60% of WLFI, raising concerns over centralization and ethical issues in DeFi.
- Trump family is entitled to 75% of net revenues from token sales and 60% of operational revenue of WLFI.
- WLFI's non-tradable governance tokens and potential political influence have attracted regulatory scrutiny.
- The situation highlights the need for transparency, decentralization, and ethical governance in the DeFi space.
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7 Likes
Coindoo
2w
69
Cardano Sets Sights on Bitcoin DeFi with Layer 2 Expansion
- Cardano plans to integrate with Bitcoin's DeFi landscape.
- Cardano will merge its Hydra scaling solution with the Bitcoin Lightning Network.
- Aiken programming language will enable cross-chain scripting between Bitcoin and Cardano.
- Cardano aims to position itself as a major player in DeFi, surpassing Ethereum and Solana.
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4 Likes
Bitcoinist
2w
354
Image Credit: Bitcoinist
Bitcoin NVT Golden Cross Suggests Price Pullback Likely To Continue – Details
- Bitcoin's NVT Golden Cross suggests the price may be inflated.
- Bitcoin's recent price drop of 5.5% may continue based on the NVT indicator.
- The NVT indicator indicates potential pullbacks and suggests a buying opportunity when in the green zone.
- BTC traders are unlikely to sell at existing prices due to average unrealized loss of 14.57%.
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21 Likes
Cryptonews
2w
315
Image Credit: Cryptonews
BlackRock’s Larry Fink Warns: Bitcoin Could Challenge US Dollar’s Reserve Status
- Larry Fink, CEO of BlackRock, warns that Bitcoin could potentially challenge the US Dollar's reserve currency status.
- Fink points out the uncontrolled growth of US national debt and the risk it poses to economic stability.
- He suggests that if the US doesn't address its debt situation, investors may turn to Bitcoin as a safer alternative to the US Dollar.
- Fink remains optimistic and advocates for widespread wealth distribution through the tokenization of assets.
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18 Likes
Cryptonews
2w
262
Image Credit: Cryptonews
Bitcoin Suffers Weakest Q1 in Decade, More Crypto Pain Looms as East Asian Nations Consider United Tariff Response
- Bitcoin had its weakest Q1 performance in nearly a decade, declining by 25% since January 2025.
- Altcoins like Ethereum and Solana fared even worse, experiencing losses of up to 50% from their cycle highs.
- President Trump plans to impose additional tariffs on US imports worth $1.5 trillion, causing concerns about the impact on the economy.
- China, South Korea, and Japan held high-level talks in Tokyo, suggesting a potential joint effort to combat Trump's tariffs.
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15 Likes
Cryptopotato
2w
109
Image Credit: Cryptopotato
Crypto Investment Products See $226 Million in Inflows, Signaling Cautious Optimism
- Digital asset investment products attracted $226 million in inflows last week, signaling cautious optimism.
- Bitcoin led the inflows with $195 million, while short-Bitcoin investment products faced outflows.
- Altcoins saw inflows of $33 million, with Ethereum, Solana, XRP, and Sui being the major beneficiaries.
- CoinShares' Valkyrie Bitcoin Mining ETF (WGMI) has struggled and emerged as the worst-performing ETF of 2025.
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6 Likes
Cryptonews
2w
379
Image Credit: Cryptonews
Saylor Strikes Again: Strategy Scoops Up Largest Bitcoin Purchase of 2025 to Date
- Strategy, formerly known as MicroStrategy, acquired roughly 22,000 BTC for US$1.92B, marking its largest Bitcoin purchase of 2025.
- The acquisition lifts its total Bitcoin holdings to 528,185 BTC, valued at US$35.6B, with unrealized gains over US$7.7B.
- Despite criticism from Peter Schiff and market concerns over US trade policy shifts, Strategy’s aggressive buying spree continues.
- The company's aggressive buying spree began following the recent US elections, leading to a renewed interest in digital assets.
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22 Likes
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