Cryptocurrency Updates

RUSSIA CENTRAL BANK SAYS BUSINESSES ARE USING BITCOIN AND CRYPTO FOR TRANSACTIONS

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Recent statements from Russia’s Central Bank indicate that businesses in the country are increasingly utilizing Bitcoin and other cryptocurrencies for international transactions. This shift comes as a response to Western sanctions imposed due to the ongoing conflict in Ukraine, which have disrupted traditional financial channels. Elvira Nabiullina, the governor of the Central Bank of Russia, […]

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Mastercard announces partnership with bitcoin exchange Kraken to enable millions of users in Europe and the UK to spend their Bitcoin at over 150 million merchants worldwide

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That’s a significant move for crypto adoption! Mastercard teaming up with Kraken to let millions of users in Europe and the UK spend Bitcoin at over 150 million merchants could really bridge the gap between digital assets and everyday purchases. It’s a practical step toward making Bitcoin less of a speculative investment and more of

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Avalanche Octane is live on mainnet

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Avalanche Octane is live on mainnet, the first in a series of updates focused on performance improvements and optimizations to the C-Chain. Driven by ACP-176, this update adopts a dynamic fee mechanism on the C-Chain, leading to lower transaction costs and improved efficiency during high transaction volume.The new system is designed to reduce gas fees

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BINANCE ALLOWS USERS TO PURCHASE BITCOIN AND CRYPTO WITH APPLE AND GOOGLE PAY

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Binance allows users to purchase Bitcoin and other cryptocurrencies using Apple Pay and Google Pay. This feature enhances accessibility by integrating popular mobile payment options, enabling users to buy crypto directly with fiat currency through the Binance platform. You can log in to your Binance account, select “Buy Crypto,” choose Apple Pay or Google Pay

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Hedera Adopts Chainlink Standard for Cross-Chain Interoperability To Accelerate Ecosystem Adoption

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Hedera just announced that the Chainlink standard for cross-chain interoperability is live on mainnet. Developers can now leverage the Chainlink Cross-Chain Interoperability Protocol (CCIP) to build highly secure apps that can transfer tokens, send messages, and initiate actions across the multi-chain economy. Chainlink CCIP supports 46+ other blockchains, with more blockchain ecosystems regularly integrated. Secure blockchain interoperability

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Ripple announced it is acquiring Hidden Road for $1.25B

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Today, Ripple announced it is acquiring Hidden Road for $1.25B– becoming the first crypto company to own and operate a global, multi-asset prime broker. Together, Ripple and Hidden Road are bringing the promise of digital assets to institutional customers at scale, bridging traditional finance and decentralized finance in ways never seen before. https://ripple.com/ripple-press/ripple-acquires-prime-broker-hidden-road

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Standard Chartered says, “Bitcoin will become a hedge against tariff risks this time.”

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Standard Chartered, a major financial institution, has suggested that Bitcoin could serve as a hedge against tariff risks in the current economic climate. This perspective, articulated by Geoffrey Kendrick, the bank’s global head of digital assets research, ties Bitcoin’s potential role to growing uncertainties, such as those stemming from U.S. isolationist policies and escalating trade

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U.S. DEPARTMENT OF JUSTICE SHUTS DOWN “CRYPTO ENFORCEMENT UNIT” TO COMPLY WITH TRUMP ORDER

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U.S. Department of Justice has reportedly disbanded its cryptocurrency enforcement unit “effective immediately” in response to an order from President Donald Trump. This move signals a significant shift in the federal approach to digital assets, aligning with Trump’s broader policy to reduce regulatory oversight of the cryptocurrency industry. The decision redirects the DOJ’s focus away

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Teucrium Investment Advisors launches the first-ever $XRP ETF in the U.S. today on the NYSE Arca exchange, offering 2x leveraged exposure

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Teucrium Investment Advisors is launching the first-ever XRP ETF in the U.S. today, April 8, 2025, on the NYSE Arca exchange. The ETF, ticker XXRP, offers 2x leveraged exposure, meaning it aims to deliver twice the daily price performance of XRP through the use of swap agreements. This marks a significant milestone as it’s the

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HONG KONG NOW ALLOWS CRYPTO STAKING FOR LICENSED PLATFORMS

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Hong Kong’s Securities and Futures Commission (SFC) has introduced new guidelines permitting licensed virtual asset trading platforms and authorized funds to offer crypto staking services. This move is part of Hong Kong’s ongoing efforts to bolster its position as a leading digital asset hub in Asia. However, the SFC has imposed strict conditions to ensure

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