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Tether, the issuer of the world’s largest stablecoin by market capitalization, continues its buying spree with its 32% stake acquisition in Canada’s public gold royalty firm Elemental Altus Royalties.
the acquisition of 78,421,780 common shares of Elemental (ELE) from La Mancha Investments, representing 31.9% of Elemental’s issued and outstanding shares.
to an announcement by Elemental, costing Tether approximately $89.4 million. ....
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- Category: CryptoCurrency
Read more: USDT issuer Tether buys 32% stake in Canadian gold royalty firm
Write comment (95 Comments)Many people still don’t see the point of using blockchain in games. It’s a powerful tool that drives ownership and trading but is not vital for most gameplay types.
The rise of AI shifts the equation....
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Read more: AI can’t do it alone: Blockchain is the missing piece in next-gen gaming
Write comment (97 Comments)Bitcoin hits its anticipated $107,000 low before heading higher as US inflation data boosts bulls. ....
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Read more: Bitcoin bulls halt $4K BTC price dip as US dollar hits new 3-year lows
Write comment (96 Comments)Crypto is getting more normal, from the number of people who use it to the type of people who use it, according to a new report. ....
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Read more: Crypto ownership isn't just lambos and bros any longer
Write comment (96 Comments)Crypto markets sold off sharply in August 2024 in response to global macro dislocation caused by Japan’s fiscal crisis, underscoring their sensitivity to liquidity shocks and systemic risk.
) plummeted nearly 17% from its all-time high of $82,000, reversing a month-long rally fueled by ETF inflows and institutional optimism. ....
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Read more: What Japan’s fiscal debt crisis means for global crypto markets
Write comment (90 Comments)Bitcoin’s institutional adoption is seeing a new wave of corporate investments, which stand to benefit from more global uncertainty before a trade agreement is finalized or a controversial US spending bill is passed.
US President Donald Trump is pushing forward the “One Big Beautiful Bill Act,” which he says would cut as much as $1.6 trillion in federal spending.
“The great, big, beautiful bill will grow the economy like it has never grown before,” Trump wrote in a Truth Social post on Thursday.
between the United States and China, which Trump on Wednesday said was “subject to final approval” by both governments.
Source: Donald J....- Details
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Read more: Bitcoin adoption fueled by ‘deglobalization,’ Trump’s ‘big, beautiful bill’
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