Render ($RENDER) Crashes 26% to Downside but Altura ($ALU) Remains Bullish

Bitcoin’s Sudden Drop Shakes the Market Bitcoin’s sudden drop from $108,000 to $96,000 has shaken the market of digital assets. This surprise move lit a fire under selling across all altcoins, with Render ($RENDER)being hit hardest and crashing -26%, breaking its 40-day trendline too. Conversely,Altura ($ALU) displayed outstanding strength, remaining locked into a bullish falling…

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BIS proposes hybrid retail CBDC model blending central bank oversight with private sector roles

The Bank for International Settlements (BIS) has unveiled a comprehensive framework for designing retail central bank digital currencies (CBDCs), emphasizing a hybrid model that integrates central bank control with private sector collaboration. Developed by the Consultative Group on Innovation and the Digital Economy (CGIDE), the report provides a roadmap for central banks in the Americas…

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Aptos Labs CEO Mo Shaikh Quits; Avery Ching to Take His Place

Mo Shaikh, co-founder of Aptos Labs, announced that he’s stepping down as CEO of the company. Aptos is a layer-1 blockchain that claims to offer enhanced scalability, security and transaction speeds. The platform leverages a unique blockchain programming language called Move, which was originally created for Facebook’s shuttered “Diem” project. In a lengthy post on…

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John Deaton Calls Out Elizabeth Warren Crypto Stance and Bank Lobbying Ties

Crypto advocate John Deaton has publicly criticized Senator Elizabeth Warren’s stance on cryptocurrencies and her perceived alignment with the banking industry. His remarks followed Warren’s appointment as the top Democrat on the Senate Banking Committee, intensifying the ongoing debate surrounding her approach to crypto regulation and financial policy. John Deaton Criticizes Senator Elizabeth Warren In…

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El Salvador to accelerate Bitcoin purchases despite IMF deal

El Salvador plans to continue and potentially accelerate its purchases of Bitcoin (BTC) despite its recent deal with the International Monetary Fund (IMF), according to Stacy Herbert, the director of the country’s Bitcoin Office. Moreover, Herbert confirmed that Bitcoin would remain legal tender alongside the US dollar and that the government would continue adding to its…

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