Author: Bpay News
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Recent Stake
BitMine has staked an additional 86,848 ETH, valued at $279.4 million.Total Staked ETH
The total staked amount now stands at 1,771,936 ETH.
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Partnership with Coinbase and Circle
Bermuda government collaborates with Coinbase and Circle to create a fully onchain economy.USDC Stablecoin Adoption
Utilization of USDC for stablecoin-based payments and tokenization tools.
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Current Price Situation
Stellar’s price dropped, approaching the $0.20 support level as the market mimics Bitcoin’s trend.Technical Levels
Breaking below $0.22 could lead to further declines, while $0.20 acts as a key support level.
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New Banking License Application
Revolut has applied for a full banking license in Peru as part of its Latin American expansion plans.Focus on Remittances
Approximately 1 million people in Peru depend on remittances from abroad, which are a key focus for Revolut.
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Current Price
$3,205 (after recovery from a dip below $3,200)
Recent Performance
ETH is down 3.4% in the last 24 hours.Market Influencer
U.S.-EU trade tensions impacting volatility.
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Bitcoin’s Unique Role
Bitcoin serves as an ‘escape valve’ during potential volatility caused by the ECB’s monetary policy.ECB’s Warning
Philip Lane warns that political strife could destabilize the dollar, affecting global markets.
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Recent Selloff
Bitcoin dropped below $93,000 amidst a broader market selloff triggered by geopolitical tensions.Comparison with Gold
While Bitcoin declined, gold and silver surged to all-time highs due to investor demand for safe havens.
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Current Performance
PUMP is up 1.1% in the last 24 hours, outperforming the broader crypto market.New Feature Launch
Pump.fun introduced a callout feature that allows creators to share trending coins, which could boost trading activity.
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Restoration of Order
The government has successfully restored order in various cities following recent protests.Role of Citizens
Citizen participation was crucial in restoring safety according to Radwan.
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Partnership Announcement
Bermuda partners with Coinbase and Circle for a fully on-chain economy.Stablecoin Payments Pilot
Government departments to pilot stablecoin payments.