Category: News
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Italy’s Largest Bank Intesa Sanpaolo Enters Bitcoin Market with Initial €1 Million Investment
Italy’s Intesa Sanpaolo has reportedly joined the growing ranks of financial institutions embracing Bitcoin amidst rising corporate demand. The bank, recognized as Italy’s largest, is said to have acquired €1 million worth of the leading digital asset. This acquisition, equivalent to approximately 11 BTC, was detailed in an internal email allegedly signed by Niccolo Bardoscia,…
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Gemini Settles CFTC Bitcoin Futures Case for $5 Million
Gemini has reached a settlement with the Commodity Futures Trading Commission (CFTC), agreeing to pay a $5 million fine. As part of the agreement, the company did not admit or deny any wrongdoing. The settlement resolves allegations that Gemini, led by co-founders Tyler and Cameron Winklevoss, misled regulators during its attempt to launch the first…
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Bitcoin and Beyond: Key Drivers Behind the $220 Billion Crypto Market Surge
In the past 24 hours, the cryptocurrency market has witnessed liquidations exceeding $525 million, fueled by increased volatility in Bitcoin and Ether prices. According to data from Coinglass, nearly 186,000 traders were liquidated over this period, with total liquidations across centralized exchanges reaching $524.8 million. Bitcoin (BTC -2.83%) led the liquidations, accounting for $142.5 million,…
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China Places Blockchain at the Core of National Data Strategy in New Guidelines
China’s recently unveiled “National Data Infrastructure Construction Guidelines” positions blockchain at the center of the nation’s strategy to enhance data security, transparency, and scalability, marking a key step in its broader digital transformation efforts. The guidelines, released by the National Development and Reform Commission alongside other agencies, highlight blockchain technology as a critical element for…
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Fidelity: Bitcoin Nears Mass Adoption, Investors Are Not ‘Too Late’
Bitcoin (BTC) and the broader crypto market appear to be on the verge of widespread adoption, but Fidelity Digital Assets assures investors that it is far from being “too late” to get involved. This insight comes from Fidelity’s 2025 Look Ahead report, authored by the firm’s research team and led by Chris Kuiper. The report…