Blockchain-Powered Streaming Platform Wins Early Bulls as Users Herald Alternative to SolStake and Centralized Services

Blockchain-Powered Streaming Platform Wins Early Bulls as Users Herald Alternative to SolStake and Centralized Services

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A new decentralized streaming platform is entering the Web3 landscape, offering creators a blockchain-native alternative to existing centralized and Solana-based streaming services.  With a focus on token-gated access, real-time payouts, and support for diverse content categories, the anticipated platform aims to address longstanding challenges in monetization, moderation, and community engagement. Limitations Are Part of the…

EU Council Pushes For Digital Euro Holding Limits For Users

EU Council Pushes For Digital Euro Holding Limits For Users

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The Council of the European Union expressed support for the ECB’s digital euro initiative but recommended strict caps for holders. Industry experts viewed the move as a safeguard against self-custody, which could significantly lead to a decline in commercial bank deposits. The Council of the European Union, a group comprising of ministers from the European…

What Matters Ahead of the U.S. GDP Report

What Matters Ahead of the U.S. GDP Report

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Bitcoin is trading cautiously near the $88,000 level as investors prepare for the long-delayed U.S. GDP report, scheduled for release on Tuesday. The upcoming data, expected to show an annualized growth rate of 3.2% for Q3, could significantly influence risk sentiment across financial markets. Crypto traders are paying close attention—because when the macro narrative shifts,…

Crypto.com Builds Internal Market Maker for Prediction Markets

Crypto.com Builds Internal Market Maker for Prediction Markets

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Cryptocurrency exchange Crypto.com is building an internal market-making team as part of its expansion into prediction markets, a move the company says is fully aligned with federal regulations and intended to improve liquidity, even as market-making in outcome-based trading continues to draw scrutiny. Bloomberg reported Tuesday that the exchange is recruiting for a new role…

ECB gains backing from Council of EU for holding limits on digital euro

ECB gains backing from Council of EU for holding limits on digital euro

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The Council of the European Union, an EU body that amends legislation and commits national governments to adopting the bloc’s laws, said it backs the European Central Bank’s plan to explore an official digital currency, calling it an evolution of money and a tool for financial inclusion. In a Friday post on its website, the…

Alphabet expands data center capacity with $4.75 billion acquisition

Alphabet expands data center capacity with $4.75 billion acquisition

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Alphabet, the parent company of Google, has announced that it will purchase Intersect for $4.75 billion in cash. In addition, Alphabet mentioned that it will take on the company’s debt. According to the company, the deal will help Alphabet add more data center space and power capacity. Intersect is also expected to keep operating on…

Bitcoin Bottom Is Near Amid Declining Mining Hashrate

Bitcoin Bottom Is Near Amid Declining Mining Hashrate

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VanEck observed that the Bitcoin mining hashrate declined significantly in the first half of December. The firm’s analysts stated that the trend often indicates a bottom for BTC and a bullish reversal. The Bitcoin mining hashrate dropped significantly mid-month. VanEck sees the trend as a positive sign for Bitcoin (BTC), signaling its potential rebound from its bearish…