Iraq Bulletin

Tag : cryptowire

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Kiyosaki sees Bitcoin as protection against inflation, fiat decline

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Rich Dad Poor Dad author Robert Kiyosaki has once again shared his views on Bitcoin and the global financial landscape, emphasizing his preference for alternative assets amid economic uncertainty. In a series of posts on X, Kiyosaki reiterated his belief that Bitcoin’s recent price decline presents...
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Bitcoin drops below key $87,000 level as liquidations surge past $600M

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The cryptocurrency market suffered a significant downturn on Tuesday, with Bitcoin plunging nearly 10% amid mounting concerns over security breaches, regulatory uncertainty, and broader financial market instability. The price of Bitcoin dropped below $87,000, marking its lowest level since November,...
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Central Asia to engage with new EU envoy Eduards Stiprais in March

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The Council of the European Union has appointed Eduards Stiprais as the new EU Special Representative (EUSR) for Central Asia. He will assume his duties on 1st March 2025, with an initial two-year mandate, succeeding Terhi Hakala in the role....
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Kanye West’s memecoin $YZY faces uncertainty amid backlash

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Rapper and entrepreneur Kanye West is reportedly preparing to launch a new cryptocurrency token named $YZY, intended to serve as the official currency for his Yeezy brand. This move comes after West’s previous public skepticism toward meme coins and follows a series...
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Bitcoin remains volatile near $94K as traders eye resistance levels

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Bitcoin is facing renewed selling pressure, dropping below the critical $94,000 support level during early U.S. trading hours on February 24, 2025. The cryptocurrency, which recently peaked at $109,356, has been struggling to regain bullish momentum, with market uncertainty keeping...
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Bitcoin gains momentum as investors bet on 2025 Fed rate cuts

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Bitcoin (BTC) has surged past $96,000, edging closer to the psychologically significant $100,000 threshold following dovish comments from Atlanta Federal Reserve Bank President Raphael Bostic. His remarks signaled a potential shift in U.S. monetary policy, prompting renewed optimism among investors...
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MicroStrategy’s bitcoin holdings top $45 billion in market value

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MicroStrategy, now operating under the name Strategy, has significantly reduced its workforce while aggressively expanding its bitcoin holdings. The company disclosed in its audited 2024 annual report, filed Tuesday, that it cut 20.7% of its workforce as it more than...
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Franklin Templeton’s Solana ETF filing highlights blockchain growth

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Franklin Templeton has filed for an exchange-traded fund (ETF) that will track the spot price of Solana, marking a significant move by asset managers to expand beyond Bitcoin in the cryptocurrency market. The filing, submitted on Friday, underscores the growing...
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SEC lawsuit against Coinbase faces dismissal, signaling policy shift

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Coinbase announced that the U.S. Securities and Exchange Commission (SEC) has agreed to drop its enforcement case against the cryptocurrency exchange, pending final approval by the commission’s leadership. The move signals a potential shift in regulatory attitudes toward digital assets...
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Bybit loses over $1.4 billion in Ethereum as hackers strike

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Bybit, the Singapore-based cryptocurrency exchange, has confirmed a security breach that resulted in the theft of over $1.4 billion worth of Ethereum (ETH) from one of its cold wallets. The attack, which appears to have exploited vulnerabilities in the exchange’s...