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Livebitcoinnews
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Tether Approaches Bitcoin Mining Initiatives In Brazil
- Tether partners with Adecoagro to launch a Bitcoin mining project in Brazil utilizing renewable energy sources.
- The initiative aims to convert Adecoagro's excess renewable energy directly into Bitcoin, providing a sustainable approach to mining.
- Tether is moving forward with the project amidst a $4 billion lawsuit from Celsius Network, showcasing commitment to mining expansion.
- Adecoagro plans to incorporate Bitcoin mining as a strategic asset, reducing reliance on unstable energy markets and exploring new revenue streams.
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Livebitcoinnews
2w
426
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Pakistan’s Bitcoin Mining Plan Hits Roadblock as IMF Blocks Power Subsidies
- The IMF has rejected Pakistan’s proposal to offer subsidized electricity for Bitcoin mining.
- Pakistan planned to allocate 2,000 megawatts of surplus winter electricity for Bitcoin mining to attract foreign investment.
- Despite the IMF's rejection, Pakistan is reviewing the plan with the World Bank and other international partners.
- IMF concerns include market distortion, legal ambiguity, and infrastructure risks associated with offering power subsidies.
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The Robot Report
2w
161
SEW-EURODRIVE now assembles planetary gear units in the U.S.
- SEW-EURODRIVE has expanded its U.S. manufacturing capabilities by introducing local assembly of P2.e planetary gear units in Wellford, S.C., reducing lead times significantly.
- The P2.e series offers compact and powerful gear performance, designed for integration into high-demand systems, with a torque range of 24.8 kNm to 124 kNm.
- Key features of the series include high thermal energy, durability with a direct bearing design, flexibility in motor mounting, and a wide gear ratio and torque range.
- SEW-EURODRIVE's new assembly capability aims to enhance efficiency and sustainability in heavy-duty industries like steel, oil and gas, and power generation, serving the North American market with faster project turnaround.
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Blockonomi
2w
91
Image Credit: Blockonomi
Looking into Why technical chart patterns suggest $FUN could hit $0.10 before December
- FUNToken (FUN) shows bullish signs, aiming to surge to $0.10 by year-end.
- Market data and sentiment indicate potential for a 10x FUNToken rally.
- Technical chart patterns and strong fundamentals support the optimistic outlook.
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TronWeekly
2w
248
Image Credit: TronWeekly
XRP Symmetrical Triangle Breakout Eyes Explosive $3.81 Rally This July
- XRP is currently trading at $2.24 with a rising volume of $3.55B, indicating early breakout momentum.
- A breakout above $2.25 could lead to a rally towards $3.81, approximately 75% higher from the current level.
- Whale accumulation since May and the 200-day EMA support near $2.06 are enhancing the bullish outlook for XRP.
- Analysts suggest a potential breakout for XRP as it approaches the upper boundary of a symmetrical triangle, with key resistance at $2.34-$2.40 targeting a significant rally to $3.81.
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TechBullion
2w
339
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Avalanche (AVAX) Hits $16.86 After Heavy Selling, Top Wallets Move Into This DeFi Crypto Instead
- Avalanche (AVAX) dropped to $16.86 with heavy selling pressure.
- Large holders shifting focus to Mutuum Finance (MUTM), eyeing substantial gains.
- Mutuum Finance offers lending models, mtTokens, collateral use, and diversified token support.
- Investors anticipate Mutuum Finance's shift to multi-chain support and roadmap milestones.
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Blockonomi
2w
104
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Nano Labs Boosts Digital Reserves with $50M BNB Acquisition, Eyes Bigger Stake
- Nano Labs acquires $50 million worth of Binance Coin (BNB) in an OTC deal to expand its crypto reserves, bringing its total holdings to nearly $160 million.
- The company aims to increase its BNB exposure to up to $1 billion, targeting 5-10% of the coin's circulating supply.
- BNB price remains stable post-acquisition, with analysts predicting a potential rise to $816.
- Nano Labs joins the trend of tech firms bolstering their balance sheets with crypto assets, signaling confidence in the future of digital currencies.
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99Bitcoins
2w
148
BoE Governor Andrew Bailey Warns Adoption of Stablecoins Threatens Central Bank
- Bank of England (BOE) Governor Andrew Bailey warns that the adoption of digital currencies, including stablecoins, could disrupt the economy without proper regulation.
- Bailey highlights the evolving nature of reserve currencies and the need for central banks to examine payment innovations related to stablecoins to maintain financial stability.
- He expresses concerns about stablecoins potentially eroding trust in traditional currencies and the importance of regulating stablecoins to avoid fragmentation in the financial system.
- Authorities are urged to clarify the role of reserve currencies and implement proper regulations to ensure the reliability and legality of stablecoins in the financial system.
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Coindoo
2w
108
Image Credit: Coindoo
4 Best Cryptos to Buy Today: Why BlockDAG, XRP, SEI, & SUI Could Be Early Game-Changers!
- BlockDAG, XRP, SEI, and SUI show promising momentum for early investors.
- BlockDAG offers active user rewards and a hybrid DAG-blockchain model for scalability.
- SEI gains credibility, XRP hints at breakout, and SUI builds trust steadily.
- These cryptos offer unique opportunities and potential for gains in the near future.
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Crypto-News-Flash
2w
357
Image Credit: Crypto-News-Flash
Berachain Adds BTC Vaults and Burn Strategy in RFRV Batch 14
- Berachain approved RFRV Batch 14 introducing BTC-wrapped assets and token burn strategy for ecosystem growth.
- Henlo Incinerator, a non-DEX vault, implements a utility-driven model by burning HENLO tokens to reward validators.
- Batch 14 showcases diverse Proof of Liquidity strategies including BTC-backed vaults and sustainable incentive design.
- Berachain's ecosystem expands with initiatives like Burve, McBera, and NFT innovations, aiming to enhance user experience and creativity.
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Coinpedia
2w
39
Image Credit: Coinpedia
Chainlink Investors Diversify: Bitcoin Solaris Presale Promises Bitcoin-Level Returns with 10,000 TPS Technology
- Chainlink holders are diversifying into Bitcoin Solaris for potential high returns.
- Bitcoin Solaris offers a hybrid consensus model for fast transaction speeds.
- Presale phase shows rapid growth, with potential for 150% gain.
- The network allows mobile mining, making it accessible for users.
- Bitcoin Solaris focuses on ecosystem readiness for various applications and wealth-building mechanisms.
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99Bitcoins
2w
39
The Ronin is Back: RON Crypto Jumps 35%, Here’s What’s Driving the Mega Pump
- RON crypto surged 35% before cooling off, hinting at a potential rally.
- P2E games like Lumiterra, Pixels, and Axie Infinity on Ronin Network boost demand.
- Network developers innovating and adapting, with upcoming games generating excitement.
- RON price action targets $0.80 and $1, showing signs of bear run ending.
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Bitcoinist
2w
13
Image Credit: Bitcoinist
Analyst Says Sell XRP Now Before 72% Price Crash To $0.6
- XRP remains a popular topic on social media with expectations of new all-time highs, linked to the Ripple-SEC battle and Bitcoin's uptrend.
- Crypto analyst Xanrox predicts a major crash for XRP, citing reasons like a lasting price range, creating a Fair Value Gap towards lower levels, and historical downward trends.
- Xanrox suggests XRP has peaked, advising investors to consider exiting positions, with a forecasted crash back to $0.6, indicating a potential 72% price drop.
- The analyst advises profit-taking for pre-rally investors and exiting breakeven for post-pump buyers, and recommends futures traders switch to short positions to capitalize on the expected price decline.
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TheNewsCrypto
2w
135
Ozak AI Presale: Early Investors Eye 300x ROI as Utility Drives Demand
- Ozak AI is currently in its fourth stage of presale, offering OZ tokens at $0.005 per token with potential for high returns.
- Investors are eyeing a possible 300x return, driven by the project's strong fundamentals and the growing market demand for AI-driven solutions.
- The project's utility-driven demand stems from its focus on AI technology to develop real-world solutions, with 70% of the total token supply allocated to presale and community distribution.
- Ozak AI has been recognized in the Google Cloud Ecosystem Startup Program, showcasing its potential through access to $200,000 in cloud credits and successful participation in various industry events.
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Bitcoinist
2w
148
Image Credit: Bitcoinist
Galaxy’s EURAU to Set Alight EU Stablecoin Crypto Market – Spotlight on Best Wallet Token
- AllUnity secures BaFin license for EURAU, a fully regulated euro stablecoin under MiCA.
- EURAU aims for widespread adoption, targeting fintechs, banks, and government treasuries in Europe.
- Arthur Hayes predicts stablecoins could unlock $6.8T in Treasury Demand, transforming financial infrastructure.
- Best Wallet Token ($BEST) offers secure storage and utility in regulated Web3 stack.
- $BEST token holders gain access to pre-sales, in-app staking rewards, and seamless asset swapping.
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