Business – Page 311

Former Binance communications manager joins stablecoin specialist KAST

Stablecoin firm KAST has hired Brad Jaffe as its chief communications officer, the company said Wednesday. Jaffe previously led global communications at cryptocurrency exchange Binance for more than three years. Jaffe handled strategic communications at Binance during a period at the exchange that experienced tumultuous regulatory challenges amid rapid growth. At KAST, he will oversee […]

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Billions in crypto move in Iran. Analysts disagree about what is really going on.

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Within minutes of missiles hitting Iranian soil on February 28, blockchain monitors detected the shock waves in the crypto markets. Withdrawals from the country’s crypto exchanges increased that Saturday, especially from the country’s largest, Nobitex. According to Chainalysis, outflows increased by 873%, well beyond what is considered normal volatility. The story seemed clear: in a

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The Protocol: New Ethereum Scaling Plans

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Network news NEW SCALING PLANS FOR ETHEREUM: Ethereum co-founder Vitalik Buterin published a blog post on X outlining his latest vision for blockchain scaling, arguing that the network can increase capacity in the short term while laying the groundwork for a longer-term shift to advanced cryptography and data-heavy “blobs” that would change how Ethereum is

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Ray Dalio believes bitcoin is not gold, and that’s exactly why bulls are buying

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Crypto experts retreat after billionaire hedge fund manager Ray Dalio renews his skepticism about bitcoin BTC$71,150.61and argues that the largest and oldest cryptocurrency lacks the qualities that make gold a reliable store of value. Speaking on the All-In Podcast, the Bridgewater Associates founder said bitcoin should not be compared to gold because it lacks central

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Eric Trump, World Liberty co-founder, calls banks ‘anti-American’ over stablecoin fight

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Eric Trump, one of the sons of US President Donald Trump and a co-founder of the crypto company World Liberty Financial, went after the banking industry on Tuesday over their opposition to allowing stablecoin dividends in the legislation on the structure of the crypto market. “Big Banks (think JPMorgan Chase, Bank of America, Wells Fargo,

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Why bitcoin’s quantum scare will pass like the climate panic

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Welcome to our institutional newsletter, Crypto Long & Short. This week: Martin Gaspar on how bitcoin looks to overcome quantum fears echoing past climate reactions Top headlines institutions should be aware of by Francisco Rodrigues Aave’s revenue multiples hit 2024 lows despite higher prices in Chart of the Week Thanks for joining us! -Alexandra Levis

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BTC gains over $73,000 as money flees South Korean stocks

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South Korea’s stock market suffered one of its fastest falls in history this week, with the Kospi down around 20% in two trading days, as geopolitical tensions have currently burst what can be called a speculative bubble in popular AI-related names. The rapid decline followed months of aggressive buying by retail investors that had sent

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BTC funds see $1.7 billion in recent inflows

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After weeks of steady pullbacks, investors are starting to allocate fresh capital to US spot bitcoin exchange-traded funds (ETFs). The change follows a difficult start to the year for the products. From mid-October, when bitcoin’s price began to fall, to the end of February, spot bitcoin ETFs recorded cumulative outflows of about $9 billion, according

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New bull market may be about to begin, says Owen Lau

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Crypto prices may be approaching a turning point after months of losses, as several recent developments could mark the start of a new bull phase. In a note on Wednesday, Clear Street analyst Owen Lau said the roughly 44% decline in crypto markets between October 10 and February 28 may now represent the end of

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Crypto election PAC Fairshake marks first wins in 2026 US congressional primaries

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The crypto industry’s campaign finance arm, Fairshake Political Action Committee, is already racking up victories in the initial primaries of the 2026 US congressional midterm elections, having endorsed several lower-profile candidates while opposing prominent, longtime Texas congressman Al Green. A former Justice Department attorney backed by President Donald Trump, Jessica Steinmann, secured a commanding victory

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