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Digital Currency Group Spins Off Crypto Mining Subsidiary Fortitude From Foundry

Digital Currency Group (DCG) is spinning off the self-mining unit of its Foundry subsidiary into a separate business called Fortitude Mining that will mine crypto across a range of digital assets, the company said Wednesday. What makes Fortitude Mining different is that it will not only mine bitcoin (BTC), but other proof-of-work protocols as well, […]

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Cardano Will Transition to Full Decentralized Governance After Wednesday’s Hard Fork, Cardano Foundation Says

Proof-of-stake blockchain Cardano will switch to decentralized governance later Wednesday after the Plomin hard fork takes effect, Cardano Foundation, a non-profit organization backing the project, said on X. “The Plomin hard fork takes effect, marking the transition to full decentralized governance. ADA holders gain real voting power – on parameter changes, treasury withdrawals, hard forks,

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Crypto Daybook Americas: Trump Exports Bitcoin Enthusiasm as Price Rebounds, Investors Eye FOMC

By James Van Straten (All times ET unless indicated otherwise) Each new day under the Trump administration is as intriguing as the next, and Wednesday is shaping up to be no different. For one, the president’s enthusiasm for bitcoin is spurring other countries to take a look at the asset. Most recently, Czech National Bank

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Crypto.com Will Suspend Tether, PayPal Stablecoin Services in Europe Due to MiCA

Digital asset exchange Crypto.com said it will suspend certain token services deemed to be unauthorized in terms of the European Union’s Markets in Crypto Assets legislation (MiCA) in a statement to its clients on Tuesday. The statement said that from Jan. 31, it will no longer offer certain services from stablecoins, like Tether USDT, Paypal

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M2 Money Supply Approaches All-Time High, Bullish Signal for Crypto: Van Straten

The M2 money supply increased in December to $21.5 trillion, just shy of its all-time high. The M2 money supply measures the total amount of money in circulation within an economy, including both liquid and less liquid assets. Meanwhile, the CPI index tracks the average price change of goods and services over time, which indicates

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Former Binance Labs Makes First Investment Following Zhao’s Return: Report

YZi Labs, the rebranded venture capital arm of crypto exchange Binance, made its first investment following founder Changpeng “CZ” Zhao’s release from prison, Fortune reported on Wednesday. The company formerly known as Binance Labs led a $16 million funding round into Sign, a startup that seeks to simplify token distribution and bring verification of credentials

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DOGE Drops Below Uptrend Line, Signaling Possible End to Five-Month Rally

Dogecoin (DOGE), the largest memecoin by market cap, dropped below a short-term uptrend line on Monday, signaling an end to the recovery from December lows and potentially the conclusion of a five-month rally. Since then, prices have dropped below the 38.2% Fibonacci retracement level of the run that started in August and touching highs about

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Berachain App Boyco Goes Live With $2.2B in ‘Pre-Deposits’

Berachain-based liquidity platform Boyco went live on Tuesday with over $2.2 billion in pre-deposits. The pre-launch liquidity platform is built in collaboration with Enso, Berachain and LayerZero. It aims to solve the the cold start problem for new decentralized applications (dApps) by ensuring they have sufficient liquidity from day one. This approach theoretically helps dApps

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Czech Central Bank Governor to Present Plan to Add Bitcoin to Its Reserve: FT

Czech National Bank Governor Ales Michl said in an interview with Financial Times (FT) that he will present a bitcoin investment plan to the board on Thursday, which, if approved, could see the apex bank diversify 5% of its $146.13 billion reserves into the leading cryptocurrency by market value. “For the diversification of our assets,

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