Author: Cointelegraph by Zoltan Vardai

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China still controls 55% of Bitcoin hashrate despite crypto ban

China remains a major player in the Bitcoin mining industry despite imposing a blanket ban on cryptocurrencies in 2021 Source link

BlackRock Bitcoin ETF demands 12-hour BTC withdrawals from Coinbase

BlackRock and ETFs have saved “BTC’s price from the abyss repeatedly,” according to Bloomberg’s senior ETF analyst. Source link

Stablecoins and crypto are threatening fiat money dominance in Eastern Asia

Hong Kong emerged as the fastest-growing Eastern Asian country in terms of global crypto adoption, with 40% of the region’s value received in stablecoins. Source link

Ethereum is a 'contrarian bet' into 2025, says Bitwise exec 

Ether price could be on track for another correction into a triple-bottom, marking the beginning of a big rally into 2025. Source link

BTC rallies past $62.6K after BlackRock issues Bitcoin white paper 

Bitcoin’s adoption trajectory will largely depend on future macroeconomic and geopolitical concerns, according to BlackRock. Source link

Bitcoin poised for volatility ahead of US interest rate decision: Analysts

The Fed is expected to deliver its first interest rate cut since the pandemic, which could introduce more volatility before the next Bitcoin leg up. Source link

Velar’s new Bitcoin DEX offers yield and liquidity for BTC holders

The Bitcoin trading protocol aims to unlock more Bitcoin liquidity and yield-generating capabilities for BTC holders. Source link

Bybit bags provisional crypto license from Dubai regulator

The Virtual Asset Regulatory Authority (VARA) has granted Bybit a non-operational license to serve retail and institutional crypto investors in Dubai. Source link

Crypto and commodities poised for massive rally, says market analyst

According to Michael van de Poppe, an upcoming surge in global liquidity, fueled by debt refinancing, could trigger the next Bitcoin bull run. Source link

Bitcoin set for 3-month historic rally as analysts eye $92K BTC

According to market analysts, this could be the last dip buying opportunity for Bitcoin before the next leg up. Source link