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#FOMCMeeting Fed Signals Strength: Powell Compares Bitcoin to Gold Amid Rising Confidence” Federal Reserve Chair Jerome Powell likened Bitcoin to gold, reinforcing its legitimacy as a digital store-of-value just ahead of Trump’s SEC nominee—sparking optimism
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$BTC network’s hashrate soared to an all-time high of 943 EH/s on June 14, even as mining difficulty dipped slightly. This highlights a robust mining sector where top players are rapidly upgrading hardware to stay profitable post-halving. 🛠️Key Takeaway: The minor difficulty dip isn't a sign of weakness but a reflection of aggressive scaling by major miners. Smaller operators face pressure as hashrate outpaces block-time targets, pushing consolidation. 😬 📊 48 hours later, hashrate eased to 926 EH/s, hinting at struggles for smaller miners. 🌍 Hashrate Leaders: 🇺🇸 USA: 36% 🇷🇺 Russia: 15% 🇨🇳 China: 13.7% Difficulty is set to climb again, keeping the heat on miners. 🔥
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#VietnamCryptoPolicy **Metaplanet Announces Bitcoin Purchase as Strategic Reserve Asset** Tokyo-based investment firm Metaplanet has announced the purchase of Bitcoin (BTC) as part of its treasury strategy, joining a growing list of companies adopting BTC as a hedge against economic uncertainty. The move follows similar decisions by firms like MicroStrategy, signaling confidence in Bitcoin’s long-term value. Metaplanet cited Japan’s weak yen and inflationary pressures as key reasons for diversifying into Bitcoin. The company plans to hold BTC as a reserve asset, reducing exposure to traditional currency risks. This strategic shift highlights the increasing corporate adoption of Bitcoin as a store of value.
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#MetaplanetBTCPurchase **Metaplanet Announces Bitcoin Purchase as Strategic Reserve Asset** Tokyo-based investment firm Metaplanet has announced the purchase of Bitcoin (BTC) as part of its treasury strategy, joining a growing list of companies adopting BTC as a hedge against economic uncertainty. The move follows similar decisions by firms like MicroStrategy, signaling confidence in Bitcoin’s long-term value. Metaplanet cited Japan’s weak yen and inflationary pressures as key reasons for diversifying into Bitcoin. The company plans to hold BTC as a reserve asset, reducing exposure to traditional currency risks. This strategic shift highlights the increasing corporate adoption of Bitcoin as a store of value.
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$BTC Bitcoin has been chilling over $100,000 for 25 days Institutions & public companies are stacking up Bitcoin faster than ever Bitcoin is all over the news these days
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Latest News
Bitcoin's Risk Asset Behavior Challenges Its 'Digital Gold' Narrative
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Ethereum(ETH) Drops Below 2,400 USDT with a 4.00% Decrease in 24 Hours
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BNB Drops Below 640 USDT with a 0.12% Decrease in 24 Hours
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Bitcoin(BTC) Drops Below 103,000 USDT with a 1.03% Decrease in 24 Hours
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Federal Reserve's Barkin Cautious on Rate Cuts Amid Inflation Concerns
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