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Crypto-News-Flash

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Belarus President: “We Have Excess Electricity”—Time for More Crypto Mining

  • Belarus is leveraging its surplus electricity to attract local and international crypto miners.
  • President Alexander Lukashenko has directed the energy minister to explore the development of the crypto mining sector.
  • Belarus has become a global leader in nuclear energy utilization, supplying around 40% of the country's electricity needs.
  • The country offers incentives and tax exemptions for crypto-related activities, making it an attractive destination for global mining operations.

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Cryptoticker

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Will Chainlink Price Drop Below $10 or Is a Reversal Coming?

  • Chainlink (LINK) has experienced a notable decline with concerns about a potential drop below $10 or a reversal.
  • The downtrend in LINK's price, forming lower highs and lower lows, suggests continued volatility and potential further downside.
  • Key support levels to watch are $12-$13, with a potential break below leading to a target of $10 or lower.
  • Early signs of stabilization include RSI nearing the oversold zone and the slowing down of the bearish trend, but a true reversal requires a break above $17-$18.

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Crypto-News-Flash

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Bifrost Expands BTCFi in Japan With FAJ Membership

  • Bifrost Network joins FAJ to expand BTCFi in Japan, collaborating with major fintech players like SBI, PayPal, and Sumitomo Mitsui.
  • The entrance of Bifrost into the FAJ strengthens ties with fintech leaders and opens doors for improved infrastructure and general acceptability of BTCFi in Japan.
  • Nansen joins as a validator node for Bifrost Network, enhancing the network's reliability, transparency, and security.
  • Japan holds potential for BTCFi innovation and is showing flexibility in supporting the growth of stablecoins and other cryptocurrencies, making it a promising market for Bifrost.

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Fintechnews

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Matrixport’s Fly Wing Obtains MAS License for Digital Payment Token Services

  • Fly Wing Technologies, a subsidiary of digital asset platform Matrixport, has obtained a Major Payment Institution (MPI) license from the Monetary Authority of Singapore (MAS).
  • The license allows Fly Wing to operate as an over-the-counter (OTC) desk for digital payment token services in Singapore.
  • Fly Wing handles over $100 million in monthly transactions and caters to crypto miners, trading firms, investment firms, and high-net-worth individuals.
  • Matrixport co-founder and CEO, John Ge, expressed excitement about the license and their expansion plans in the Asia-Pacific region.

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Financemagnates

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Bitcoin Price Dropped Below $80K, Along with the Performance of BTC Miners from Wall Street in February 2024

  • Major U.S. cryptocurrency mining companies listed on Wall Street reported lower Bitcoin production in February compared to January.
  • The decline in revenue was impacted by a sharp correction in BTC prices last month, with the oldest cryptocurrency losing 18% and briefly dropping below $80,000.
  • Cipher Mining Inc. produced approximately 180 bitcoins in February, down from 219 in January.
  • Mining companies experienced a decline in production, while Riot Platforms, Canaan Inc., and Bitfarms Ltd. reported decreases in Bitcoin output.

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TheNewsCrypto

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Arctic Pablo Poised To Hit $0.10 as Analysts Predict Major Price Jump, Plus Melania Meme and Snek – Top New Meme Coins for Massive Return Potential

  • The cryptocurrency world is excited about meme coins like Arctic Pablo Coin, Official Melania Meme Coin, and Snek, offering significant returns for investors.
  • Arctic Pablo Coin ($APC) stands out with a unique narrative, deflationary mechanism, high staking rewards, and a mythical adventure theme to attract investors.
  • The presale of Arctic Pablo Coin, currently at its 13th stage - ChillVille, has raised over $1.74 million with a potential ROI of 11,285.71% to reach $0.008.
  • Arctic Pablo Coin's token burn mechanism during the presale creates scarcity, potentially increasing the coin's value and offering significant returns.
  • Melania Meme Coin, priced at $0.7903 with a market cap of $424.65 million, aims to leverage a global appeal and strong community sentiment within the Solana ecosystem.
  • Snek, a Cardano-based meme coin, shows promise with a market cap of $280.08 million and significant community support despite recent price declines.
  • Arctic Pablo Coin, Melania Meme Coin, and Snek are all positioned for future growth and offer unique features for investors seeking high returns in the meme coin market.
  • Arctic Pablo Coin's staking program provides up to 66% APY for investors, incentivizing them to lock in their positions and earn generous rewards.
  • Crypto analysts predict Arctic Pablo Coin could reach $0.10 post-listing, presenting a substantial opportunity for investors to secure massive returns.
  • Investors are urged to act quickly, especially with Arctic Pablo Coin still in its presale phase, to capitalize on the potential for significant gains before the coin's official launch.

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TheNewsCrypto

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Top Crypto Executives and CEOs to Attend White House Crypto Summit

  • Coinbase, Strategy, and Chainlink executives have received invitations to attend the White House Crypto Summit.
  • The agenda for the summit is still unclear despite it being just two days away.
  • Trump's pro-crypto stance has led to initiatives such as signing an EO for crypto-friendly policies and scheduling the first White House Crypto Summit.
  • Industry leaders, including Michael Saylor, Brian Armstrong, and Sergey Nazarov, have confirmed their attendance at the summit.

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Coinpedia

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Pi Network News: Can Pi Coin Price Rally to $10? Experts Weigh in on the Next Big Move

  • Pi Network has experienced a growth of 6.2% in the last 24 hours, outperforming top cryptos.
  • Pi Network price has surged by 1,676.68% since its mainnet launch, defining the general trend in the cryptocurrency sector.
  • Factors fueling the growth include nearing the final deadline for users to migrate their holdings and the likelihood of listing on exchanges such as Binance.
  • Experts predict a potential rally towards $10 if the price breaks above the $1.90 level with strong volume.

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TronWeekly

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El Salvador’s Unstoppable Bitcoin Strategy Sparks IMF Concern

  • El Salvador defies IMF’s $1.4B deal by purchasing 5 more BTC, totaling 6,101.15 BTC worth $530M.
  • Despite IMF restrictions, the nation continues acquiring 1 BTC daily, reinforcing its Bitcoin-centric economic strategy.
  • Bukele dismisses speculation, reaffirming BTC accumulation won’t stop despite ongoing global financial scrutiny.
  • El Salvador's defiance of IMF restrictions highlights its dedication to BTC and its long-term vision for integrating the digital asset into its economy.

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Global Fintech Series

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Payments Veteran Tina Giorgio Joins BalancedTrust Executive Team

  • Payments veteran Tina Giorgio joins BalancedTrust executive team.
  • Giorgio's expertise includes payment systems, digital banking, risk and fraud, and vendor management.
  • BalancedTrust is excited to add Giorgio's expertise to their advisory and technology solutions.
  • BalancedTrust is a leading provider of technology, advisory, and managed services in the fintech industry.

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Crypto-News-Flash

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Riot Mined 470 Bitcoin in February, Up 12% from Last Year

  • Riot Platforms mined 470 Bitcoin in February, up 12% from last year.
  • Riot is strengthening its Bitcoin reserves and operational strategies.
  • Riot plans to publish a $500 million convertible bond with a 2030 maturity.
  • Riot is exploring the possibilities of artificial intelligence and high-performance computers.

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Coinjournal

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Bitwise CIO: Trump’s crypto reserve is good news for the market

  • US President Donald Trump's proposed crypto strategic reserve, which includes Bitcoin, Ethereum, XRP, Solana, and Cardano, is viewed as bullish for the market by Bitwise's CIO, Matt Hougan.
  • Hougan believes that the market is not reflecting the positive impact of the reserve due to it holding more than just Bitcoin.
  • He points out that the initial proposal may not be the final one, and the reserve is likely to be predominantly Bitcoin in the end.
  • Hougan also suggests that other countries may follow the US in buying crypto, and once purchased, the crypto is unlikely to be sold for a long time.

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Coinpedia

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Steady Growth for Litecoin and Sui, While Lightchain AI Quietly Gains Interest from Whales

  • Litecoin (LTC) and Sui (SUI) experience steady growth, attracting traders seeking consistency in the market.
  • Lightchain AI gains interest from crypto whales, positioning itself as a strong competitor in the blockchain space.
  • Litecoin and Sui show stability amid market fluctuations, demonstrating resilience and investor confidence.
  • Lightchain AI offers advanced governance, scalability solutions, and attracts attention as a promising blockchain opportunity.

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Crypto-News-Flash

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The 6 Top Crypto Coins to Buy Right Now – The Most Explosive Picks of the Month

  • Cryptocurrency market is thriving, offering opportunities for both seasoned traders and beginners to explore new assets beyond well-known ones like Bitcoin and Ethereum.
  • Qubetics ($TICS) is a standout coin with a growing presale that showcases significant potential for value appreciation.
  • Qubetics not only offers price upside but also provides real-world solutions, positioning itself as a game-changer in the crypto space.
  • Recent developments in Qubetics, like the success of its presale and strategic partnerships, are driving interest and adoption in the market.
  • ZIGnaly (ZIG) presents automated trading tools, simplifying crypto trading and increasing accessibility for traders navigating market volatility.
  • Internet Computer Protocol (ICP) aims to decentralize the internet, offering a scalable solution for running smart contracts on the web.
  • Mantra (OM) in the DeFi sector stands out with its staking, lending, and governance features, attracting a diverse user base and institutional support.
  • Story (IP) focuses on NFTs and intellectual property rights, providing creators with a fairer monetization platform in the evolving NFT landscape.
  • Maker (MKR) plays a crucial role in DeFi through its stablecoin DAI and governance system, positioning itself as a cornerstone project in decentralized finance.
  • The highlighted coins offer unique value propositions and potential for growth, making them top picks in the current crypto market landscape.

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TronWeekly

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VeChain’s 16.5% Predicted Surge Amid Market Optimism

  • VeChain has experienced a 15% daily decline, totaling over 40% in the past month.
  • Analysts predict a potential 16.5% price increase for VET by mid-March 2025.
  • The upcoming White House Crypto Summit and proposed U.S. cryptocurrency reserve could influence VeChain’s market performance.
  • Despite recent decline, positive factors like the White House Crypto Summit and U.S. cryptocurrency reserve offer potential growth for VeChain's price.

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