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Brazil’s Central Bank has accelerated plans for its digital currency, Drex, aiming for a 2026 launch, but has abandoned blockchain technology for a centralized platform, as announced on August 6, 2025, during Blockchain Rio. The shift prioritizes scalability, control, and integration with Brazil’s Pix instant payment system, which processed over 4 billion transactions in 2024. The decision, detailed by President …

Harvard University’s endowment, the largest academic fund globally at $53.2 billion, disclosed a $116.7 million stake in BlackRock’s iShares Bitcoin Trust (IBIT) in its Q2 2025 SEC filing, marking a bold entry into cryptocurrency. Managed by Harvard Management Company, the investment in roughly 1.9 million IBIT shares ranks as the fund’s fifth-largest holding, surpassing its $114 million Alphabet stake. This …

In Bitcoin’s volatile market, consistent profits stem from a strategic blend of discipline, well-timed opportunities, and understanding market cycles, according to veteran traders. As of August 9, 2025, with Bitcoin trading around $60,000 after a 10% weekly dip, these principles are critical for navigating the crypto landscape. Discipline forms the foundation of successful Bitcoin trading. Experts emphasize setting precise entry …

In the evolving landscape of cryptocurrency exchange-traded funds (ETFs), Bloomberg ETF analyst James Seyffart has voiced strong opposition to the idea of asset management giant BlackRock launching a Solana (SOL) ETF alongside early filers, labeling it “messed up” in a recent discussion. This critique highlights concerns over market fairness, as smaller issuers like VanEck and Bitwise have already submitted applications …

In a pivotal moment for cryptocurrency regulation, Ripple Labs and the U.S. Securities and Exchange Commission (SEC) have mutually dismissed their appeals, concluding a high-profile legal battle that began in December 2020. The SEC alleged Ripple’s XRP token sales were an unregistered securities offering, while Ripple argued XRP was a digital currency, not a security. This resolution, finalized on August …