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A person familiar with the project reportedly said the stablecoin under preliminary discussion by the board would be established as “a means to allow Gazans to transact digitally.”

Bitcoin holds its range trend even as the funding rate turns negative and BTC open interest flatlines. Is the data leaning toward a short-squeeze back to $70,000?

After a yearlong share slump, PayPal is fielding buyout approaches as rivals weigh asset sales and a possible full acquisition, according to Bloomberg.

Bitcoin Magazine

French Energy Giant Engie Eyes Bitcoin Mining at Brazil Mega Solar Project
Engie is considering adding battery storage or bitcoin mining data centers to its 895-MW Assu Sol solar plant in Brazil.
This post French Energy Giant Engie Eyes Bitcoin Mining at Brazil Mega Solar Project first appeared on Bitcoin Magazine and is written by Micah Zimmerman.

On Monday, Crypto.com disclosed that it has secured conditional approval from the Office of the Comptroller of the Currency to charter a national trust bank, marking another crypto firm inching deeper into the U.S. banking system. Digital Asset Firm Crypto.com Wins Conditional OCC Approval for National Trust Bank Charter Crypto.com announced Monday it received conditional […]

A Houston resident directed a major bank fraud scheme that laundered at least $40 million, according to the U.S. Department of Justice. The agency says 44-year-old Bun Khath and his co-conspirators submitted loan applications that contained fraudulent information and documents, including fake equipment sales invoices, income tax returns and bank statements. Khath, who admitted to […]
The post Houston Man Orchestrates $40,000,000 Bank Fraud Scheme, Fooling Lenders Into Backing Big Loans for Bogus Companies: DOJ appeared first on The Daily Hodl.

Bitcoin’s long-term price outlook is a major talking point, with veteran trader Peter Brandt recently floating a bold timeline for when the leading cryptocurrency could hit $250,000. The comment came in response to a chart shared on X by NBA legend Scottie Pippen, who showed how Bitcoin’s current structure looks familiar. Brandt not only agreed with Pippen, he also attached a projection that points to a specific year for a when the Bitcoin price will eventually trade above $250,000. Power Law Projection Points To 2029 Breakout According to veteran financial analyst Peter Brandt, Bitcoin is on track to setting off to $250,000-plus by late 2029. He only noted this with a simple sentence, but the projection to $250,000 is visible in the weekly candlestick price chart he...