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MARKETS

Luna Foundation Sold 80,000 Bitcoin Amid UST Crash

Namcios -
The non-profit organization said only 313 BTC are now left on the bitcoin reserves for Terra’s UST stablecoin.
MARKETS

President Nayib Bukele Announces 44 Countries To Meet In El Salvador To Discuss Bitcoin

Nik -
El Salvador President Nayib Bukele announced that 32 central banks and 12 financial authorities are meeting in the country to discuss Bitcoin.
MARKETS

Norwegian Bitcoin Mining Ban Was Struck Down

Shawn Amick -
A bill banning bitcoin mining, authored by the communist party in Norway, was struck down by a majority vote in the Norwegian parliament.
MARKETS

What Terra’s Collapse Teaches About ‘Crypto’ and Bitcoin

Namcios -
As yet another altcoin nears zero, the event reminds the community why Bitcoin is the only authentic cryptocurrency.
BUSINESS

Former Meta Lead Launches Bitcoin Lightning Company, Lightspark

Shawn Amick -
David Marcus, former lead of Facebook Messenger, announced the creation of Lightspark, a Lightning Network infrastructure company.
BUSINESS

Swiss Exchange Relai To Release A Bitcoin Debit Card

Shawn Amick -
Relai, a savings app focused on bitcoin, is crowdfunding through Crowdcube to launch a bitcoin debit card.
BUSINESS

Warren Buffett-Backed Digital Bank Nubank Buys Bitcoin, Adds Trading In App

Shawn Amick -
Brazil’s largest digital bank added bitcoin to its treasury and now allows customers to buy, sell and hold the currency in its mobile app.
BUSINESS

Grayscale Met With SEC On Approval Of Spot-Bitcoin ETF

Shawn Amick -
Grayscale met with the SEC behind closed doors to persuade regulators to approve the fund’s application to convert into a spot-bitcoin ETF.
MARKETS

Coinbase-backed MARA To Advise Central African Republic On Bitcoin Adoption

Shawn Amick -
MARA, a cryptocurrency infrastructure company backed by Coinbase, will advise the Central African Republic on bitcoin adoption after making it legal tender.
MARKETS

Bitcoin Price Falls Below $30,000 With Unexpected 8.3% Inflation Report

Shawn Amick -
CPI inflation data exceeded market expectations, maintaining a near 40-year high of 8.3% as bitcoin falls below its $30,000 line of support.
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