COINTURK NEWS – Bitcoin, Blockchain and Cryptocurrency News and Analysis

Economist Peter Schiff has reiterated his strong criticisms of Bitcoin $86,421 being labeled as digital gold. In a social media post, Schiff pointed to Bitcoin’s high price volatility and market uncertainties, claiming that comparing it to digital gold is misleading. His remarks have reignited discussions regarding Bitcoin’s acceptance as a safe investment vehicle or a…

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Tron (TRX) Founder Justin Sun May Have Averted Crypto Market Disaster – Saved a Near-Sinking Stablecoin

Tron founder Justin Sun has provided a financial lifeline to TrueUSD (TUSD) after nearly half a billion dollars in its reserves became inaccessible, according to Hong Kong court documents and sources familiar with the matter. TUSD’s parent company, Techteryx, acquired the stablecoin from TrueCoin in December 2020 and appointed a Hong Kong-based trustee, First Digital…

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Analysts Say Cardano (ADA) Is a False Economy & XRP Is Falling by the Wayside – Why Are People Choosing Remittix Instead?

In a market still reeling from volatility, coins such as Cardano (ADA) and XRP struggle to command attention from investors—though fault lines in the relationship are beginning to appear. Although both have experienced moments in the limelight, increasing doubts about their long-term appeal have investors seeking better options. One such project that is gathering serious…

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Crypto-Backed Candidates Win Florida House Seats, Strengthening Industry Support

The cryptocurrency industry’s political footprint grew stronger as two Republicans backed by the crypto-funded PAC Fairshake secured victories in Florida’s special elections.  Jimmy Patronis and Randy Fine, who collectively received $1.5 million in campaign support from the PAC, won their respective races in Florida’s 1st and 6th Congressional Districts. Patronis, Florida’s Chief Financial Officer, claimed…

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‘Liberation Day’ will be an ‘atomic bomb’ for crypto: pro

Zach Burks, CEO of Mintology, shared with crypto.news some sentiment on current market conditions. Burks shared, in a note to crypto.news, that gold remains the preferred safe-haven asset for institutions, while Bitcoin (BTC) is increasingly the retail investor’s hedge against economic instability. Burks touched on the surge in gold prices, attributing it to institutional investors…

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DePIN Summit Africa 2025 Announced for July 2nd in Mombasa and July 4-5th in Zanzibar

Mombasa, Kenya, April 2nd, 2025, Chainwire DePIN Summit Africa, the premier global event for Decentralized Physical Infrastructure Networks (DePIN), is set to return in 2025, taking place on July 2nd in Mombasa, Kenya, and July 4th-5th in Zanzibar, Tanzania. The summit, organized by EV3, Share, and ThreeFold, will gather industry leaders, innovators, and policymakers to…

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Can Bitcoin Bring Down Banks?

17h05 ▪ 4 min read ▪ by Evans S. Finance is undergoing a silent yet brutal metamorphosis. Bitcoin, born in the shadow of the 2008 crisis, today embodies a revolution that shakes the foundations of banks. Between promises of emancipation and technical challenges, its ascent raises questions: can it truly dethrone the giants of traditional…

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Sony Partners with Crypto.com for Crypto Payments in Singapore

Thanks to a new partnership between Sony Electronics (Singapore) Pte. Ltd. (SES) and Crypto.com, shoppers can pay with USDC. This move makes direct crypto payments more accessible and pushes Sony further into the future of digital transactions. Sony Electronics Singapore Embraces Crypto Payments Crypto payments are becoming more common as companies look to attract tech-savvy…

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Grayscale Launches Bitcoin Covered Call & Bitcoin Premium Income ETFs

Grayscale has announced the launch of its Bitcoin Covered Call and Bitcoin Premium Income ETFs. The asset manager stated that these funds seek to allow investors to access Bitcoin’s volatility characteristics as a “differentiated source of income.” Grayscale Launches Two Bitcoin ETFs In a press release, Grayscale announced that it has launched its Bitcoin Covered…

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China explores blockchain to safeguard citizen data and enhance credit system integrity

The Chinese government is considering integrating blockchain to enhance the security of its credit information systems, according to a report from STCN. The move is part of a broader effort by the National Development and Reform Commission (NDRC) to apply emerging technologies in improving data-sharing practices and safeguarding sensitive information. Li Chunlin, Deputy Director of…

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Trump’s tariffs are affecting unlikely industries, targeting America’s cosmetic and weight loss markets

Later today, President Donald Trump is expected to announce sweeping tariffs on “all countries” intended to re-balance global trade and boost US manufacturing. Industries are bracing for impact and so are wrinkle-haters. This is because the cosmetic industry is in trouble if the EU is slapped with tariffs. According to data from the US Trade…

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