Author: CryptoExpert
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Trump-backed World Liberty in talks to launch $1.5 billion WLFI treasury firm
[ad_1] Key Takeaways World Liberty Financial, backed by the Trump family, aims to raise $1.5 billion and establish a public company to hold WLFI tokens. The WLFI token, initially non-transferable, is planned to become publicly tradable. Share this article World Liberty Financial, the DeFi project backed by the Trump family, is exploring plans to establish…
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Stellar (XLM) eyes 35% rally as Ripple and SEC end 5-year legal battle
[ad_1] Ripple Labs and the regulator jointly withdrew their respective appeals. The resolution has bolstered sentiments across the industry. XLM has breached a crucial resistance, hinting at continued rallies. Digital tokens recorded significant rallies in the past day as the global crypto market cap increased by over 3.50% to $3.87 trillion. Meanwhile, XRP and XLM…
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From terabytes to insights: Real-world AI obervability architecture
[ad_1] Want smarter insights in your inbox? Sign up for our weekly newsletters to get only what matters to enterprise AI, data, and security leaders. Subscribe Now Consider maintaining and developing an e-commerce platform that processes millions of transactions every minute, generating large amounts of telemetry data, including metrics, logs and traces across multiple microservices.…
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MicroStrategy’s Saylor Says Altcoin Corporate Treasuries Will Help Bitcoin
[ad_1] Amid the rise of altcoin-focused treasury companies, Strategy (formerly MicroStrategy) co-founder Michael Saylor reaffirmed that he remains committed to Bitcoin. Far from being concerned, Saylor views the growing adoption of altcoins as part of a broader ‘explosion of innovation’ in the digital asset space—one that he believes ultimately strengthens the entire sector, including Bitcoin.…
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Fear & Greed Index hits 63 as Bitcoin, ETH, and SOL rebound
[ad_1] Fear & Greed Index hits 63, up from “Neutral” the day before. Profit-taking among short-term BTC holders has eased. Analysts see potential for BTC breakout toward $125,000. Bitcoin regained ground above $114,000 on Thursday, marking a return in investor confidence after a volatile weekend triggered short-term jitters across the cryptocurrency market. As sentiment improved,…
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Crypto attracts $2.67B in funding during July, bolstered by Pumpfun and stablecoin interest
[ad_1] Crypto projects captured $2.67 billion in investments last month and is equivalent to 85% of money raised during the entire second quarter. DefiLlama data shows that the funding amount in July is 6% larger than June, when crypto startups surpassed $2.5 billion by a small margin. Additionally, July was the second-largest month in funding,…
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MyLugano Crypto Payment App Adds Support for Internet Computer’s Multi-Chain Bitcoin ‘Twin’
[ad_1] The DFINITY Foundation’s new partnership with the municipality of Lugano will see the Swiss city’s MyLugano crypto payment app add support for Chain-Key Bitcoin (ckBTC), a multi-chain Bitcoin “twin” running on the Internet Computer (ICP) blockchain. With the addition of ckBTC, MyLugano app introduces a multi-chain, multi-wallet solution, expanding the already existing possibilities of…
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Grayscale Bitcoin Trust Holdings Are Spread Over 1,750 Wallet Addresses, Arkham Finds
[ad_1] Crypto analytics platform Arkham Intelligence claims to have found on-chain addresses associated with the Grayscale Bitcoin Trust. This revelation comes amidst the ongoing battle between asset management firm Grayscale and the United States Securities and Exchange Commission (SEC) over converting the Bitcoin Trust into a spot exchange-traded fund (ETF). The Grayscale Bitcoin Trust, with…
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Short-term holders bear the brunt of Bitcoin’s volatility
[ad_1] Bitcoin’s drop from $29,000 in mid-August has significantly changed market dynamics. Despite the short-lived jump to $27,000 following the news about Grayscale’s win against the SEC, Bitcoin is still hovering around $25,700. Graph showing Bitcoin’s price from Aug. 1 to Sep. 7, 2023 (Source: CryptoSlate BTC) A deeper dive into on-chain metrics reveals that…