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Latest coverage curated from CoinOtag

Cryptocurrency news platform covering market trends, blockchain technology, and digital asset analysis.

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Amazon Launches Help Me Decide AI Tool to Guide Indecisive Shoppers

Amazon Launches Help Me Decide AI Tool to Guide Indecisive Shoppers

Amazon’s Help Me Decide is a new AI tool that recommends a single product when shoppers hesitate after browsing similar items, using browsing history and large language models to explain...

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1 min
Bitcoin Whale Allegedly Tied to Trump Family Closes $200M Short Ahead of BTC Rally

Bitcoin Whale Allegedly Tied to Trump Family Closes $200M Short Ahead of BTC Rally

A Bitcoin whale wallet, alleged to connect to President Trump’s family, closed a $227 million short position on Bitcoin, securing $6.4 million in profits just before a 2% price surge...

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1 min
European Aerospace Firms Airbus, Leonardo, Thales Plan Satellite Merger to Rival SpaceX

European Aerospace Firms Airbus, Leonardo, Thales Plan Satellite Merger to Rival SpaceX

Three leading European aerospace firms—Leonardo, Airbus, and Thales—have agreed to merge their satellite businesses, creating a €6.5 billion entity to challenge SpaceX’s dominance in the global space ...

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1 min
Singapore’s Pave Bank Raises $39M to Potentially Expand Crypto Offerings for Institutions

Singapore’s Pave Bank Raises $39M to Potentially Expand Crypto Offerings for Institutions

Pave Bank, a Singapore-based digital bank, secured $39 million in Series A funding led by Accel to expand its programmable crypto and fiat services for institutional clients. This funding addresses...

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1 min
Nokia CEO Sees AI Boom as Front End of Supercycle Amid Bubble Fears

Nokia CEO Sees AI Boom as Front End of Supercycle Amid Bubble Fears

Nokia’s CEO Justin Hotard views the current AI boom as the front end of an AI supercycle, similar to the 1990s internet revolution, dismissing bubble fears amid strong quarterly profits...

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1 min
Fireblocks Acquires Dynamic to Enhance Institutional Crypto Services Amid Stablecoin Boom

Fireblocks Acquires Dynamic to Enhance Institutional Crypto Services Amid Stablecoin Boom

Fireblocks acquires Dynamic, bolstering its digital asset infrastructure with advanced wallet technology for institutional clients. This move completes Fireblocks’ full-stack offerings, enabling secur...

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1 min
Canada Fines Cryptomus $126 Million Over Unreported Suspicious Crypto Transactions

Canada Fines Cryptomus $126 Million Over Unreported Suspicious Crypto Transactions

Cryptomus, a Vancouver-based cryptocurrency platform, has been fined $126 million by Canada’s FINTRAC for anti-money laundering violations, including unreported suspicious transactions linked to child...

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1 min
Fidelity Adds Solana Trading Amid Growing Interest in Network as Internet Capital Hub

Fidelity Adds Solana Trading Amid Growing Interest in Network as Internet Capital Hub

Fidelity has integrated Solana (SOL) trading into its platforms, enabling institutional and retail clients to buy, sell, and trade the token. This move highlights growing institutional adoption of Sol...

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1 min
PYUSD Surge Fuels Debate on Stablecoin Rewards After Waller’s Remarks

PYUSD Surge Fuels Debate on Stablecoin Rewards After Waller’s Remarks

Fed Governor Christopher Waller has expressed concerns over stablecoin rewards, viewing payment stablecoins as non-interest-bearing currency similar to cash, not bank deposits. He argues against issue...

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1 min
Rivian Cuts 600 Jobs Amid EV Challenges and AI-Driven Tech Layoffs

Rivian Cuts 600 Jobs Amid EV Challenges and AI-Driven Tech Layoffs

Rivian Automotive is laying off approximately 600 employees, representing 4% of its workforce, to cut costs amid challenges in the electric vehicle sector. This follows a previous 15% reduction and...

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1 min
Spark Allocates $100M to Superstate’s Crypto Carry Fund Amid Sinking Treasury Yields

Spark Allocates $100M to Superstate’s Crypto Carry Fund Amid Sinking Treasury Yields

Spark has invested $100 million from its stablecoin reserves into Superstate’s Crypto Carry Fund, a regulated vehicle offering 9.26% yield through basis trading in digital assets. This move highlights...

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1 min
Bitcoin Enthusiasts Propose Shark Sculpture as Potential Mascot in Santa Monica

Bitcoin Enthusiasts Propose Shark Sculpture as Potential Mascot in Santa Monica

Bitcoinius Maximus is a striking Bitcoin shark sculpture unveiled at the Bitcoin Alpha unconference in Santa Monica, California, symbolizing Bitcoin’s dominance as the apex predator of money. This art...

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1 min