Ripple’s CEO Brad Garlinghouse and Chief Legal Officer Stuart Alderoty attended a private dinner with US President-elect Donald Trump at the Mar-a-Lago Resort in Florida. While details of their discussion remain under wraps, Garlinghouse described the meeting as a “strong start to 2025” in a Jan. 8 post on X. This high-profile engagement highlights Ripple’s …
Monthly archives: January 2025
Crypto liquidations break $700 million as Bitcoin falls to $95k
Over the past 24 hours, the crypto market experienced heightened volatility, leading to liquidations totaling $712 million across 237,375 traders, according to Coinglass data. Long positions bore the brunt of the liquidations, accounting for 88.83% of the total, with $631.21 million cleared compared to $79.35 million in short positions. Bitcoin saw $130 million in liquidations, …
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Beyond Bitcoin Mining: Hut 8 Targets the Intersection of Energy and Technology, Says CEO Asher Genoot
Asher Genoot, CEO of Hut 8, one of North America’s largest bitcoin miners, emphasized the company’s commitment to empowering next-generation technologies with its dual focus on bitcoin and AI. Sustainable and Scalable Energy Solutions Are Vital for Transformative Technologies As bitcoin trades above $100,000 again amidst surging institutional interest, Asher Genoot, CEO of Hut 8 …
Lightchain AI Rockets Into Stage 12 With Testnet Launch This Month
PRESS RELEASE The future is here, and Lightchain AI is leading the charge! 🚀 With Stage 12 of its presale now live and only three stages left to go, excitement is peaking. Add to that the imminent launch of the TestNet, and all signs point to one thing—Lightchain AI is pushing the boundaries of blockchain …
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BRICS Expands Again – Indonesia Gains Full Membership in Historic Move
BRICS has expanded its influence with Indonesia’s entry, marking the bloc’s growing dominance in emerging markets and securing its first full membership from Southeast Asia. Indonesia Joins BRICS: Southeast Asia’s First Seat at the Global Power Table Indonesia’s accession to BRICS as a full member has been officially confirmed by Brazil’s government, with the announcement …
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Inside Bitcoin Mining’s 2024 Revolution: Report Reveals Triumphs and Trials
The 2024 bitcoin mining industry reached historic milestones while grappling with significant obstacles, according to an extensive report sponsored by Nicehash and authored by Digital Mining Solutions and Bitcoinminingstock.io. The comprehensive study sheds light on unprecedented network expansion, advancements in hardware efficiency, and major economic transitions. Nicehash and Digital Mining Solutions Showcase the Bitcoin Mining …
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Most Bullish Part of Altcoin Cycle Hasn’t Even Begun Yet, According to Analyst Kevin Svenson
Analyst and trader Kevin Svenson believes that the most explosive phase of the cycle for altcoins is still to come. In a new strategy session, Svenson tells his 81,300 YouTube subscribers that based on historic precedence the TOTAL3 chart may soon have an astronomical breakout. The TOTAL3 chart tracks the market capitalization of all crypto …
Web 4.0 – Blockchain and AI Will Usher In a More Humane and User-Friendly Web
HodlX Guest Post Submit Your Post Web 2.0, as it’s known, introduced us to social media networks like Facebook and MySpace and platforms like YouTube that empowered everyday internet users to easily publish their content. However, behind these exciting smartphone apps, embedded videos, and user-centric platforms, carefully constructed corporate frameworks tracked, analyzed, and monetized every …
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Vitalik Buterin champions decentralized defense against AI risks
Ethereum co-founder Vitalik Buterin’s latest blog post reflects on the progress of decentralized and democratic differential defensive acceleration, or d/acc — one year after its introduction. Buterin emphasized the need for caution in AI development, advocating for defensive technologies that empower individuals and communities without relying on centralized authorities. One year after introducing the concept …
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Czech National Bank considers Bitcoin for reserve diversification
The Governor of the Czech National Bank (ČNB), Aleš Michl, said the central bank is considering allocating Bitcoin (BTC) to diversify its reserves during a Jan. 6 interview with CNN Prima News. Michl revealed this consideration by the ČNB while discussing the importance of diversifying the bank’s holdings among stocks, bonds, gold, and cash deposits. He …
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Ripple partners with Chainlink to enhance RLUSD stablecoin with secure data feeds
Ripple has partnered with Chainlink to provide robust pricing data for its RLUSD stablecoin, according to a Jan. 7 statement. The integration introduces Chainlink’s blockchain technology to Ripple’s ecosystem, delivering secure and verifiable price feeds directly on Ethereum’s network. RLUSD, a stablecoin pegged to the US dollar, was launched in December after securing approval from …
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UBS Stays Bullish on Gold for 2025 as Central Banks Fuel Demand Surge
UBS predicts gold’s 2025 rally could defy rate cuts and a strong dollar, fueled by central bank demand and economic uncertainty. Why UBS Is Still Bullish on Gold for 2025—Even With Rate Cuts in Limbo UBS, the Swiss multinational investment bank and financial services giant, has offered an optimistic outlook on gold for 2025, despite …
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US Bitcoin Reserve Could Trigger Bull Run of Epic Proportions
The U.S. could accumulate up to 400,000 bitcoins in 2025, a move Devere Group predicts could trigger a massive bull run and reshape global markets. Bitcoin Bull Run of Epic Size Incoming? How US Accumulation Could Spark It Nigel Green, CEO of Devere Group, an independent financial advisory firm, is forecasting that the U.S. could …
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Ripple’s Survey Signals Massive Blockchain Payment Adoption Across Middle East and Africa
Crypto is transforming finance across the Middle East and Africa, with payments, digital assets, and cross-border transactions leading the charge, Ripple’s survey reveals. Ripple Reveals How Blockchain Will Dominate Finance Across the Middle East and Africa Ripple’s Managing Director for the Middle East and Africa, Reece Merrick, highlighted the increasing role of cryptocurrency in payments, …
Microstrategy Acquired 258,320 BTC in 2024, Adding $14B in Shareholder Value
Microstrategy’s bold bitcoin strategy added $14 billion in shareholder value in 2024, with BTC holdings soaring to 447,470 as corporate adoption accelerates. Microstrategy’s Bitcoin Empire Surges – $22B in BTC for 2024 Michael Saylor, executive chairman of software intelligence firm Microstrategy (Nasdaq: MSTR), has shared details on the company’s bitcoin acquisitions for 2024, highlighting significant …
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