Business

XRP plunges to the lowest since Trump’s election victory. What next

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Payments-focused cryptocurrency XRP is moving fast as bitcoin’s price drop leads to broad-based risk aversion in the crypto market. XRP has fallen to $1.44, the lowest since November 2024 – the same month President Donald Trump won the US election. Trump campaigned on pro-crypto policies to promote a favorable regulatory environment for digital assets. XRP […]

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Justin Sun says “go ahead” on Tron Inc’s TRX purchase

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Crypto billionaire Justin Sun backed Tron Inc.’s strategy to stack the TRX token, which has recently outperformed bitcoin BTC$70,853.46as a key treasury asset, spotlight their recent dip buying with a simple “continue” on X. Nasdaq-listed Tron Inc. announced that it acquired 175,507 TRX tokens on Wednesday at an average price of $0.28, for a new

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Bhutan changes hands after months of silence as BTC moves to $70,000

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The Royal Government of Bhutan has started moving bitcoin BTC$70,585.16 after months of wallet inactivity, shifting funds to trading firms, exchanges and new addresses as bitcoin slid below $71,000 and broader markets convulsed. Onchain data tracked by Arkham shows Bhutan-linked wallets transferring more than 184 BTC, worth around $14 million, over the past 24 hours.

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House probe targets World Liberty Financial after report of $500 million bet in UAE

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A US House investigation is looking into whether World Liberty Financial, a Trump-associated crypto venture, and its dollar-pegged token became entangled in foreign sovereign capital and US tech policy. The move follows a Wall Street Journal report that an Abu Dhabi-linked entity secretly agreed to buy a 49% stake in World Liberty Financial for $500

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Silver’s 17% drop amid bitcoin slump echoes Michael Burry’s ‘death spiral’ call

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Silver sank as much as 17% over the past 24 hours, wiping out a two-day rebound as the metal struggled to find a floor after last week’s historic rout. The move also dragged down gold and copper, extending a unwind that traders say has been magnified by thin liquidity and heavy speculative positioning. The renewed

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Vitalik Buterin’s sharp warning about the layer-2 roadmap

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Network news VITALIK BUTERIN SAYS LAYER-2 ROADMAP ‘NO LONGER MAKES SENSE’: Ethereum co-founder Vitalik Buterin said the role of layer-2 networks needs to be rethought as blockchain’s main network continues to scale and transaction costs remain low. In a post on X, Buterin said the original rollup-centric roadmap, which positioned layer-2s as the primary way

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