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#BTCBreaks99K Bhutan, the South Asian country located in the Himalayan region, has partnered with Binance Pay and the country's fully digital DK Bank to launch a national-level crypto payment system for tourism. The partnership marks the first time a tourism product has accepted cryptocurrency at a national level.$TRX
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$USDC USDC (USD Coin) is a stablecoin designed to maintain a consistent 1:1 peg with the U.S. dollar. USDC helps to address a fundamental challenge in the cryptocurrency space — price volatility. While cryptocurrency price fluctuations can lead to significant gains, they also pose risks for those seeking stability in their transactions and investments. USDC solves this by offering a stable digital currency that combines the efficiency of blockchain technology with the reliability of dollar-backed reserves. The stablecoin serves multiple purposes, functioning as a medium for peer-to-peer transactions and cross-border remittance payments. It also aims to provide a safe haven for crypto investors looking to shield themselves from market volatility without leaving the digital asset ecosystem. By offering near-instant processing times and minimal transaction fees, USDC presents an efficient alternative to traditional banking services for global payments.#USDC
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$BTC What Triggered Bitcoin’s Bull Run and Could New Crypto Follow Suit? Hayes offers an explanation for what triggered Bitcoin’s speedy bull run. ‘[Today] We have a lot of fear, uncertainty, and doubt in the markets, and the monetary authorities, especially in America, cannot handle that, so they resort to money printing.’ Hayes believes the current bull run essentially started on April 9, with Trump’s 90-day tariff pause, which came soon after the president announced his tariff plan on April 2. This string of events destabilized the markets to such a degree that mere rumors about the possibility of a pause caused an upwards market swing of $2T in less than half an hour. The gains would be erased soon after, only for the market to rebound by 6% following the official announcement a day later. The ups and downs of the entire tariff debacle looks like something out of Hollywood’s playbook:#BTC
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#BTCBreaks99K Reaching a high of $99,222.22, Bitcoin has crossed the $99,000 barrier for the first time since March. Gaining 2.70% in the last 24 hours, the rise follows almost three months of consolidation. Increased trading activity is driving optimism; hence market attention now shifts to the psychological $100,000 milestone. Rising beyond the $99,000 threshold, Bitcoin has rekindled investor hope and indicated fresh positive attitude throughout the whole cryptocurrency market. The breakout follows weeks of trading in a tight range and is a notable move that fits with several long-term projections foreseeing a sustained increase in value for the world’s greatest digital asset.#BTC
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#StripeStablecoinAccounts The stablecoin accounts particularly target businesses in countries with volatile currencies to enable them to hold dollar stablecoins. These organizations can receive money in crypto or via bank transfers and pay globally using stablecoins. While it’s not emphasized, a key advantage is the businesses don’t have to worry about self custody or relying on a cryptocurrency exchange to hold their assets. However, the company did not elaborate on who is acting as stablecoin custodian on behalf of Stripe. The list of countries where the accounts are offered mainly includes emerging market regions but excludes those with cryptocurrency laws. For example, it includes most African countries, but not major jurisdictions such as Ghana, Nigeria and South Africa. Functionally, the Stablecoin Financial Accounts will initially support USDC and Bridge’s own USDB stablecoin, which was also unveiled yesterday (not to be confused with the existing token of the same name from Blast).#USDC
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