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Bitcoin Surges as BlackRock Unveils Its Potential to Outperform Gold 🚀 BlackRock, the world’s largest asset manager, has published a white paper emphasizing Bitcoin’s potential as a #hedge against macroeconomic and geopolitical risks. Following this, Bitcoin’s price surged by nearly 6%, reaching $62,600 for the first time in weeks. The report praises Bitcoin’s decentralized and #permissionless nature, which makes it a unique asset detached from traditional fiscal and political risks. BlackRock’s analysis shows Bitcoin outperforming the S&P 500 and #gold during major geopolitical events. Analysts predict Bitcoin could rally to $92,000 by year-end, driven by global monetary instability and geopolitical concerns. If you enjoy my content, feel free to tip me ❤️ #Binance #crypto2024
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#Donald Trump uses #Bitcoin to pay at a bar in New York. 🇺🇸 Do you think that crypto payment will be used in every where in the next few years? 🤩 #Binance #crypto2024
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Stacks Integrates Bitcoin with Aptos Network 🤩 #Stacks is integrating its Bitcoin Layer-2 protocol with the #Aptos Network, enabling Bitcoin to be used in decentralized applications (dApps) and real-world use cases on Aptos’ Layer 1 blockchain. Through this partnership, #sBTC , a 1:1 Bitcoin-backed token, will facilitate secure Bitcoin transfers on Aptos, unlocking new possibilities in DeFi, gaming, AI, and social platforms. This comes after Stacks resolved an SEC investigation with no enforcement actions. The integration builds on Stacks’ recent advancements, including the Nakamoto upgrade, which enhanced transaction speeds and interoperability with other blockchain ecosystems. If you enjoy my content, feel free to tip me ❤️ #Binance #crypto2024
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Ripple Co-Founder Chris Larsen Leads $10M Investment in Decentralized Clearing Network 🤝🏻 Chris Larsen, Ripple's co-founder, led a $10 million seed funding round for #Yellow Network, a decentralized clearing network aimed at resolving cryptocurrency inefficiencies like liquidity fragmentation, scalability, and capital inefficiency. Supported by major firms like #Consensys , GSR, and Gate Labs, the network is built on state channel technology to offer faster trade execution and improved capital efficiency. Decentralized clearing allows direct settlements on the blockchain without central intermediaries, though this raises concerns over balancing decentralization with consumer protections. In other news, Larsen joined corporate leaders in endorsing #Kamala Harris for the 2024 U.S. presidential race. If you enjoy my content, feel free to tip me ❤️ #Binance #crypto2024
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SUI x USDC 🚀 #Sui co-founder and CEO Evan Chen tweeted that Sui has partnered with Circle and will soon add support for USDC. According to on-site reports, Circle CEO #Jeremy shared related information at the Sui Builder House. If you enjoy my content, feel free to tip me ❤️ #Binance #crypto2024
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