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Cryptography News
Bitcoinmagazine
1w
282
Image Credit: Bitcoinmagazine
Global Nonprofits Form Bitcoin Humanitarian Alliance to Advance Civil Liberties and Aid
- Today, twelve leading human rights and humanitarian organizations announced the formation of the Bitcoin Humanitarian Alliance.
- The alliance aims to utilize Bitcoin to deliver civil liberties, support dissidents, and provide aid where traditional financial systems fall short.
- Bitcoin's decentralized nature allows humanitarian organizations to raise funds, move money across borders, and bypass financial repression.
- The alliance hopes to inspire broader adoption of Bitcoin and decentralized technologies within the nonprofit sector.
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Coindoo
1w
75
Image Credit: Coindoo
European Union and UAE to Start Talks for Free Trade Deal
- The European Union (EU) and the United Arab Emirates (UAE) will start talks for a free trade deal.
- Negotiations between the EU and the Gulf Cooperation Council (GCC) were initiated in 1990 but suspended in 2008.
- The UAE has expressed interest in reactivating trade discussions, both within the GCC framework and bilaterally.
- The EU aims to strengthen its global economic partnerships, and the UAE aims to enhance its position as a global trade hub.
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Coindoo
1w
151
Image Credit: Coindoo
SafeMoon CEO Seeks Dismissal of Charges Amid DOJ Directive Shift
- SafeMoon CEO seeks dismissal of charges in light of DOJ's new directive on crypto enforcement.
- The DOJ's April 7 memo disbands its crypto unit and shifts its approach to crypto-related cases.
- DOJ emphasizes it will not pursue regulatory frameworks on digital assets and will not focus on determining the classification of a digital asset.
- Karony's defense aims to leverage the new directive to secure a dismissal and position SafeMoon as compliant with evolving regulatory standards.
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Coindoo
1w
176
Image Credit: Coindoo
China and Russia Turn to Bitcoin as US Tariffs Drive Shift in Global Finance
- The US's use of financial power is driving nations to seek alternative settlement systems.
- China and Russia are exploring neutral payment systems such as settling energy trades using Bitcoin and other digital assets.
- The erosion of trust in the US financial system, accelerated by actions like freezing Russian assets, has contributed to the global shift toward Bitcoin.
- Bitcoin's growing role in global finance is evident as countries seek ways to navigate US-led financial frameworks and minimize exposure to the dollar.
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Cryptoticker
1w
336
Image Credit: Cryptoticker
Spot Bitcoin ETFs Shed $127M Despite Market Rally
- U.S. spot Bitcoin ETFs experienced net outflows of $127.12 million despite a market rally.
- BlackRock's IBIT had the largest outflows at $89.71 million, followed by Grayscale's GBTC at $33.8 million.
- Bitwise's BITB was the only fund with positive inflows of $6.71 million.
- Investor sentiment and concerns about regulatory overhangs may be driving the outflows.
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Cryptopotato
1w
336
Image Credit: Cryptopotato
Synthetix Stablecoin (sUSD) Depegs, Drops to $0.83
- The synthetic USD (sUSD) stablecoin, issued by Synthetix, has depegged and dropped to $0.83 before partially recovering.
- Excess supply flooding the market has been cited as a reason for the drop, with traders offloading the asset in large volumes.
- The transition of the peg restoration mechanism is adding to the pressure, leading to volatility.
- Despite the depeg, Synthetix founder Kain Warwick remains confident about Synthetix.
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Bitcoinmagazine
1w
315
Image Credit: Bitcoinmagazine
India’s Leading Bitcoin And Crypto Exchange Unocoin Integrates Lightning
- Unocoin, one of India’s leading bitcoin and crypto exchanges, has integrated the Lightning Network, a second-layer protocol for fast and low-cost bitcoin transactions.
- The integration is powered by Voltage, a U.S.-based infrastructure provider known for its enterprise-grade Lightning solutions.
- The move reinforces Unocoin's position as an innovative leader in India's bitcoin and crypto sector, despite regulatory challenges.
- By adopting the Lightning Network, Unocoin aims to offer instant bitcoin settlements and future transfers of Tether (USDT) via the same network.
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Coindoo
1w
332
Image Credit: Coindoo
Binance Launchpool Introduces Its 67th Project
- Binance Launchpool introduces its 67th project, WalletConnect (WCT), an open-source protocol enabling users to securely connect with decentralized apps (dApps).
- From April 11, 2025, Binance users can farm WCT tokens by locking in BNB, FDUSD, or USDC, during a three-day farming period for early access.
- On April 15, 2025, Binance will officially list WCT and enable trading with pairs including USDT, USDC, BNB, FDUSD, and TRY.
- Binance issues a warning about fake WCT tokens, urging users to do their own research and verify official sources to protect their funds.
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Changelly
1w
67
Image Credit: Changelly
Changelly and Unlimit Launch an Exclusive 0% Fee Campaign for Crypto Purchases and Swaps in Mexico
- Changelly and Unlimit are launching a 0% fee campaign for crypto purchases and swaps in Mexico.
- The campaign will run from April 10 to May 1, 2025.
- Mexican users can buy and exchange over 1,000 cryptocurrencies with zero fees.
- The campaign offers exclusive mobile-only promotions, including zero fees for purchases and service fees for exchanges.
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4 Likes
Coinjournal
1w
341
Berachain price recovery cut short as bears overpower bulls
- Berachain price rallied 12% to $4.71 before falling to $3.85 as bears took control.
- Technical indicators signal bearish momentum, with RSI in oversold conditions and ADX indicating a strong bearish trend.
- Berachain Network revenue increased by 180% in the past month despite a 33% drop in price.
- Immediate support is at $3.06, with resistance at $4.44 and $4.78.
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Cryptoticker
1w
349
Image Credit: Cryptoticker
Cardano Price Prediction: ADA Price Rebounds as Crypto Market Rallies
- Cardano (ADA) is one of the biggest winners in the crypto market as it gained momentum after the announcement of a 90-day pause on global tariffs by U.S. President Donald Trump.
- ADA price increased by 10% in the past 24 hours, reaching around $0.62.
- The pause in the U.S.-EU trade war and successful breakout above $0.60 resistance level are boosting confidence in ADA's price.
- With continued market rebound, ADA could easily push above $0.70, but if $0.60 fails to hold as support, a pullback towards $0.54 or $0.50 may occur.
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21 Likes
Coindoo
1w
231
Image Credit: Coindoo
White House: Golden Age of America is Well on its Way
- The White House declares the "Golden Age of America" is well on its way.
- Robust jobs report for March 2025 reveals the addition of 228,000 jobs, exceeding economists' predictions.
- The surge in employment is attributed to onshoring jobs and revitalizing the manufacturing sector.
- President Trump's rhetoric focuses on America's economic resurgence and sustaining momentum.
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Coindoo
1w
282
Image Credit: Coindoo
EU Suspends Retaliatory Tariffs on U.S. Goods for 90 Days
- EU has suspended retaliatory tariffs on U.S. goods for 90 days, following President Donald Trump's pause on global tariffs.
- EU Commission President emphasizes commitment to diplomacy and willingness to engage in negotiations for resolving trade disputes.
- Initial retaliatory measures targeting $23 billion worth of U.S. goods to be suspended, pending satisfactory results from negotiations.
- EU remains prepared for additional countermeasures if negotiations fail, aiming to protect economic interests.
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Cryptopotato
1w
96
Image Credit: Cryptopotato
Bitcoin Price Reacts as US CPI for March Comes Lower Than Expected
- The US Consumer Price Index (CPI) for March came in lower than expected, with lower inflation rates compared to estimates.
- BTC initially experienced a surge to $82,500 following the release of the CPI report but quickly dropped to $81,500.
- The Core CPI, which excludes volatile sectors like energy and food, reached the lowest level in four years at 2.8%.
- Lower inflation rates are typically considered bullish for crypto due to the possibility of reduced key interest rates by the US Federal Reserve.
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5 Likes
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