Blockchain industry analysis and daily news, plus opinions, reports, and platform updates from Adbytes.
Bitcoin Dominance Soars to 4-Year High Amid US Job Market Shifts – Bitcoin dominance hits 64.94%, a 4-year high – US job market shows resilience, exceeding job growth expectations – Bitcoin seen as a hedge against economic uncertainty – Altcoins lose market share as Bitcoin’s dominance grows Bitcoin’s market dominance has surged to a four-year […]
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Fidelity’s Jurrien Timmer Predicts Bitcoin Will Soon Outshine Gold in Investor Preference Is Bitcoin set to dethrone gold as the ultimate investment choice? Fidelity’s Jurrien Timmer thinks so. In a bold prediction that’s stirring the investment world, Timmer suggests that Bitcoin might soon “take the lead” from gold. This forecast comes amidst shifting investor sentiments […]
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Criminal Groups Favor Crypto for Efficiency, Not Anonymity Organized crime groups are increasingly using cryptocurrencies for their efficiency and speed, rather than for the perceived anonymity they offer, according to a recent Chainalysis blog post. This trend is particularly evident among Mexican cartels using crypto to pay for fentanyl precursors, highlighting both the benefits and […]
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Thumzup Media Aims to Boost Bitcoin Holdings with $200M Fundraise Thumzup Media Corporation, a Los Angeles-based SaaS (Software as a Service) company, is making a bold move in the cryptocurrency space by filing to raise up to $200 million. The funds are primarily earmarked for purchasing more Bitcoin, signaling the company’s strong belief in the […]
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BITCOIN Act: A Bold Move to Slash U.S. Debt with Digital Assets Senator Cynthia Lummis (R-WY) has introduced the BITCOIN Act, a groundbreaking legislative proposal aimed at establishing a federal Bitcoin reserve to tackle the U.S.’s $36 trillion national debt and position the country as a leader in digital asset technology. Senator Lummis and Congressman […]
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Tether Plans New US Dollar-Pegged Stablecoin Amid Rebranding Efforts Tether, once a shadowy player in the crypto world, is boldly stepping into the US market with a new dollar-pegged stablecoin. This move is part of a broader strategy to reshape its image, distancing itself from past associations with criminal activities and towards a cooperative stance […]
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Brown University’s $5M Bitcoin Bet: A Sign of Institutional Confidence Amid Market Volatility Brown University has boldly stepped into the future of finance by disclosing a $4.915 million investment in BlackRock’s iShares Bitcoin Trust (IBIT), marking it as the third U.S. university to publicly hold Bitcoin. This move comes at a time when both the […]
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Deputy CIA Director Highlights Bitcoin’s Role in National Security Michael Ellis, the deputy director of the CIA, has emphasized Bitcoin’s critical role in national security, viewing it as a tool for tracking and disrupting U.S. adversaries. In a discussion with Anthony Pompliano, Ellis highlighted the necessity for the U.S. to maintain leadership in this technological […]
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Fold Rings Nasdaq Bell: Bitcoin Firm’s Stock Soars 18% on IPO Day In a landmark moment for Bitcoin’s mainstream acceptance, Fold, a company dedicated to making Bitcoin accessible, rang the Nasdaq bell on May 2, 2025. Fold’s stock, trading under the ticker “FLD,” surged 18% to close at $4.67 on its debut, marking a significant […]
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Cardano’s Ouroboros Leios: Aiming for 11,000 TPS to Redefine Blockchain Speed Charles Hoskinson, the visionary behind Cardano, has unveiled the ambitious Ouroboros Leios protocol, promising to catapult the blockchain’s transaction speed to an astounding 11,000 transactions per second (TPS). This upgrade aims to pave the way for a future where Cardano can handle high-speed operations […]
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