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Report: Central Bank Gold Demand Surges in July Amid Rising Prices

Central banks globally continued to bolster their gold reserves in July, despite an increase in gold prices, according to a report by Krishan Gopaul, senior analyst, EMEA at the World…

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Crypto Hedge Fund Galois Capital Fined $225,000 by SEC for Custody Rule Violations

The U.S. Securities and Exchange Commission (SEC) has slapped Galois Capital Management LLC with a $225,000 fine for falling short of the Custody Rule laid out in the Investment Advisers…

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Academic Paper Demonstrates Bitcoin Mining’s Potential to Mitigate Methane Emissions

Researchers Murray A. Rudd, Matthew Jones, Daniel Sechrest, Daniel Batten, and Dennis Porter have unveiled a new study showcasing a cutting-edge framework that fuses landfill gas-to-energy (LFGTE) systems with bitcoin…

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Venezuelan President Nicolas Maduro Proposes Retaking the ‘Crypto Path’

Venezuelan President Nicolas Maduro discussed the possible future of the national cryptocurrency system following the so-called PDVSA-Crypto scheme, which resulted in the loss of $20 billion in unaccounted oil sales…

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Google Trends Data Reveals Cooling Interest in Bitcoin Amid Market Uncertainty 

As bitcoin prices slipped under $60,000 in early September, the once-electric excitement around bitcoin seems to have dimmed, as reflected in Google Trends data. Back on Jan. 1, 2024, the…

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Bitcoin’s August Slump: Dormant Wallets Stirred, But Vintage BTC Spending Slowed

Bitcoin faced a challenging August, with its price dipping by 8.6%. Data shows that although 84 previously inactive bitcoin wallets became active last month, the total amount of vintage BTC…

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Latam Insights: Bukele Used Bitcoin as a Rebranding Tool; Bitcoin Mining Companies Stop Operating in Paraguay After Power Fee Hikes

Welcome to Latam Insights, a compendium of Latin America’s most relevant crypto and economic news from the past week. In this issue: Salvadoran President Nayib Bukele acknowledges that bitcoin rebranded…

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Polymarket Hits Record $472.87M in August Volume Amid Election Betting Frenzy

The blockchain-powered prediction market Polymarket saw an additional $85.84 million in trading volume during August, marking a notable uptick from July. August’s volume of $472.87 million set a new high,…

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Ethereum’s Gas Fees Remain Low While Network Turns Inflationary

According to recent metrics, Ethereum’s onchain fees continue to stay impressively low, with the average transaction cost this weekend at just 0.00029 ETH or $0.743. Etherscan reports that even high-priority…

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