Category: Bitcoin News

India To Launch RBI-Backed Digital Currency, Official Says

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The Indian government expressed renewed skepticism toward cryptocurrencies like Bitcoin as it prepared to launch new digital currency initiatives backed by the Reserve Bank of India (RBI). India will soon launch an RBI-backed digital currency, India’s Commerce Minister Piyush Goyal said in a roundtable during his visit to Qatar, local news agency The Hindu reported on Tuesday. In a separate development, the RBI plans to launch a pilot on deposit tokenization on Wednesday, RBI’s chief general manager of the fintech department, Suvendu Pati, reportedly said. According to Reuters, the RBI…

SharpLink’s ETH Treasury Nears $1B in Unrealized Gains

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SharpLink Gaming’s Ether holdings surged in value as the cryptocurrency climbed nearly 4.5% in the past 24 hours, pushing the company’s unrealized gains close to $1 billion. On Tuesday, the company said its unrealized profit from its Ether (ETH) purchases has surpassed $900 million since it initiated its accumulation strategy on June 2.  Strategic ETH Reserve data shows that SharpLink holds 838,730 ETH on its balance sheet, worth around $3.93 billion at current prices. This makes the company one of the largest holders of ETH, with 0.69% of the asset’s…

Vaneck-Backed AI Raises $5M, After Harvard, MIT Cancer Breakthrough

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Crunch Lab, the core contributor behind CrunchDAO, raised $5 million in a strategic funding round to advance its decentralized artificial intelligence predictions network, a system credited with contributing to cancer research breakthroughs at Harvard University and Massachusetts Institute of Technology (MIT). The new round of capital brings the protocol’s total funding to $10 million, which will be used to build an institutional “intelligence layer” for decentralized AI, the company said in a Tuesday announcement shared with Cointelegraph. The round was co-led by Galaxy Ventures and Road Capital, with participation from…

The truth about trading with leverage

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Who is James Wynn? Before his headline-making trades, James Wynn was already experimenting with high-leverage strategies on memecoins, an approach that later pushed him into the spotlight. James Wynn is a pseudonymous crypto trader who came to prominence in 2022-2023 via memecoins. One of his earliest public breakout moves was turning a modest investment into a multimillion-dollar return via Pepe (PEPE) when its market capitalization was tiny. That PEPE trade established several hallmarks of his style: high leverage, aggressive risk-taking and a strong “narrative” component with calls on social media…

How 5 solo Bitcoin miners cashed in over $350K each in 2025

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Five unlikely solo wins of Bitcoin miners in 2025 At a time when Bitcoin (BTC) mining is dominated by large-scale mining farms with advanced, specialized hardware, the odds of a solo miner striking the so-called digital gold are astronomically low. Yet 2025 has delivered a remarkable surprise. Five solo miners, operating outside massive mining pools, have each successfully mined a block and earned rewards exceeding $350,000 each. While these wins may be anomalies, they highlight the unpredictable yet democratic nature of Bitcoin, where even small-scale participants can occasionally outshine corporate…

Not Too Late to Invest in Crypto Despite New ATH

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Pantera Capital general partner Cosmo Jiang said investors who have missed out on the cryptocurrency wave still have a chance to get in, as most people don’t own any.  Bitcoin recently crossed over $126,000 for the first time, hitting its new all-time high, but Jiang said in a Monday episode of CNBC’s Fast Money that most investors are still on the fence with zero exposure to digital assets. “There’s a Bank of America survey from a few weeks ago that showed more than 60% of investors still own 0% exposure…

Gold Nears $4,000 Record High, Bitcoin Rally Expected To Follow

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Gold prices have come within a few dollars of a milestone all-time high of $4,000 as investors escape to safe-haven assets — a trend that also looks bullish for Bitcoin.  Prices for futures for gold tapped $4,000 per ounce for the first time early on Tuesday morning, while spot prices reached an all-time high of $3,976, according to TradingView. “Gold is at a new record high,” observed goldbug and Bitcoin critic Peter Schiff on Tuesday. “This is a clear warning that current Fed policy is wrong,” he added as he…

Bitcoin’s New All-Time High Boosts Crypto Mining Stocks

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Bitcoin’s new all-time high helped lift shares of Bitcoin miners and some crypto treasury companies on Monday, with most ending the trading day with double-digit percentage gains. Argo Blockchain was the biggest global gainer among crypto miners on Monday, rallying over 96% on the London Stock Exchange to 5.3 British pence ($0.07), with its US rivals also posting gains of over 20% in some cases. Crypto treasury companies were also boosted, with Worldcoin (WLD) buying firm, Eightco Holdings (ORBS), rallying over 34% to close trading at $11. It is, however,…

AI Bitcoin Price Model Says BTC Will Stay Rangebound in October

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Bitcoin (BTC) starts its first full week of “Uptober” fresh from a new all-time high. What lies in store for BTC price action next? Bitcoin snags a new record over the weekend, but traders expect some consolidation before heading toward $150,000. BTC price support retest targets focus on $118,000 and above. Classic bull-market gains may take longer to become reality, says an AI-based BTC price prediction tool. Macroeconomic cues are expected to come from Federal Reserve officials this week amid the ongoing US government shutdown. Crypto market sentiment just avoids…

GalaxyOne Brings Crypto, Stocks and Yields On Cash

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Galaxy Digital, a crypto investment firm founded by former Fortress Investment Group president Michael Novogratz, is launching the GalaxyOne platform, offering exposure to both crypto and traditional finance (TradFi) markets. Galaxy Digital has launched GalaxyOne, a platform combining exposure to yields on fiat cash with trading cryptocurrencies and equities, the company announced on Monday. Targeting individual investors in the United States, GalaxyOne offers a 4% annual percentage yield (APY) on cash deposits, in addition to an 8% APY through Galaxy Premium Yield, which is offered exclusively to accredited investors. “We’ve…