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news.bitcoin.com Motorsports Racing Champion: My Crypto Role is About Curiosity, Not Advice

Celebrity involvement in cryptocurrency and blockchain has evolved significantly, particularly with the rise of non-fungible tokens. Racing car driver Aliyyah Koloc says the role of celebrities is not to encourage people to invest but to spark their curiosity about the technology. Reputational, Legal Risks for Celebrities While some celebrities, like Mike Tyson, promoted cryptocurrency wallets […]

bitcoinist.com New Crypto Projects to Watch After Trump’s Iran Airstrikes

Markets just got rattled. After Trump ordered airstrikes on Iran’s nuclear sites, crypto took a tumble. XRP slid nearly 16% in the last month, dipping from around $2.47 to $2.04 amid panic across the market. Meanwhile, $595M in bullish bets were wiped out during the crash, as U.S. military action triggered massive liquidations across Bitcoin, […]

news.bitcoin.com Analysts: China Should Introduce Yuan Alternatives to Combat Dollarization Driven by Stablecoins

According to analysts, one alternative for China to combat the impending stablecoin-based dollarization and its unintended consequences is the issuance of a yuan stablecoin. This token could originate in Hong Kong, which has already enacted regulations for such instruments. Analysts: China Has the Option to Fight Dollarization With Yuan Stablecoin The U.S. government’s push for […]

bitcoinist.com Bitcoin Dominance Breaks Previous High As MidEast Conflict Escalates – Altcoins Under Pressure

Bitcoin has officially lost the $103,600 support level following shocking geopolitical developments. The US military reportedly launched attacks on Iran’s nuclear facilities, triggering widespread panic and risk-off behavior across financial markets. The crypto space was no exception. Bitcoin, which had been holding above key support for weeks, rapidly sold off as fear gripped traders and […]

news.bitcoin.com Russia Predicted to Emerge as the Second Global Bitcoin Mining Power

The bitcoin mining industry in Russia has the opportunity to rise and secure the second spot in bitcoin hashrate, according to GIS Mining’s Vasily Girya. Even with the recent restrictions, Girya states that the entrance of new, larger economic groups will invigorate the Russian mining ecosystem. Despite Current Headwinds, Russia May Rise as Second Bitcoin […]