Bitcoin price still in bargain zone as US jobs report sparks rate cut hopes
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" alt="Bitcoin price still in bargain zone as US jobs report sparks rate cut hopes">Key Takeaways:Fidelity Digital Assets says Bitcoin is undervalued and the firm holds an optimistic mid-term outlook.The JOLTS report shows a sharp drop in open US jobs, raising investors’ hope for Fed interest rate cuts. According to Fidelity Digital Assets, Bitcoin’s https://cointelegraph.com/bitcoin-price
This article does not contain investment advice or recommendations. Every investment and trading move involves risk, and readers should conduct their own research when making a decision.
Growth of crypto poses risks to investors, financial stability — Bank of Italy
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">The Bank of Italy identified Bitcoin and other digital assets as emerging risk factors in a recent report, https://www.bancaditalia.it/pubblicazioni/rapporto-stabilita/2025-1/en_FSR_1_2025.pdf?language_id=1
Bitget, Avalanche form crypto partnership in India
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" alt="Bitget, Avalanche form crypto partnership in India">Bitget, a cryptocurrency exchange with 100 million users, has https://www.prnewswire.com/news-releases/global-web3-giants-bitget-and-avalanche-join-forces-to-boost-web3-ecosystem-in-india-302439817.html
Bunq, Europe’s second-largest neobank, expands into crypto
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">Europe’s second-largest neobank, Bunq, is expanding into cryptocurrency, citing growing retail investor demand for digital assets worldwide.The Amsterdam-based neobank announced the launch of Bunq Crypto on April 29, a new offering enabling its users to invest in over 300 cryptocurrencies, including Bitcoin (https://cointelegraph.com/bitcoin-price
Ethereum’s ‘capitulation’ suggests ETH price is undervalued: Fidelity report
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">Key Takeaways: Fidelity Digital Assets’ report said that multiple Ethereum onchain metrics suggest ETH trades at a discount.The BTC/ETH market cap ratio is at mid-2020 levels. Ethereum's layer-2 active addresses hit new highs at 13.6 million. Fresh data from Fidelity Digital Assets hints at a cautiously optimistic outlook for Ethereum, suggesting its dismal Q1 performance could be an opportunity. According to their https://www.fidelitydigitalassets.com/research-and-insights/q1-2025-signals-report
This article does not contain investment advice or recommendations. Every investment and trading move involves risk, and readers should conduct their own research when making a decision.
UK gov't proposes crypto rules in response to scams
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" alt="UK gov't proposes crypto rules in response to scams">The United Kingdom’s Treasury and Chancellor of the Exchequer, Rachel Reeves, have proposed new crypto rules aimed at “support[ing] innovation while cracking down on fraudsters.”In an April 29 notice, the UK government https://www.gov.uk/government/news/new-cryptoasset-rules-to-drive-growth-and-protect-consumers
from the Securities and Exchange Commission’s Hester Peirce.“Today’s announcement sends a clear signal: Britain is open for business — but closed to fraud, abuse, and instability,” said the notice. “The government will bring forward final cryptoasset legislation at the earliest opportunity, following engagement on the draft provisions with industry.”This is a developing story, and further information will be added as it becomes available.
$649B stablecoin transfers linked to illicit activity in 2024: Report
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">Cryptocurrency compliance firm Bitrace found that $649 billion worth of stablecoins flowed through addresses classified as high-risk in 2024, according to an April 29 report.Bitrace https://www.linkedin.com/pulse/bitrace-releases-2025-crypto-crime-report-bitrace-tech-pzknc/
Ethereum price has several reasons to break $2,000 next
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">Key takeaways:Ether’s price was rejected at $1,860, but $1,800 must hold for a $2,000 breakout.Strong Ethereum ETF inflows signal high institutional demand.Ethereum’s $51.8B TVL and 30% DEX weekly volume rise show robust network strength.A bull flag pattern on the ETH’s four-hour chart targets $2,100.Ether’s (https://cointelegraph.com/ethereum-price
, increased demand from the $1,700 area (at the 20-day SMA) should serve as a solid foundation for ETH price to reach the $2,110 level, eventually topping out at $2,500.This article does not contain investment advice or recommendations. Every investment and trading move involves risk, and readers should conduct their own research when making a decision.
Here’s what happened in crypto today
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">Today in crypto, the US Department of Justice has requested a 20-year prison sentence for Alex Mashinsky, the co-founder and former CEO of defunct crypto lender Celsius, a crypto group petitioned the White House to drop charges against crypto devs, including Tornado Cash’s Roman Storm, and Arizona’s House passed two crypto reserve bills.US DOJ requests 20-year sentence for Celsius founder Alex MashinskyAlex Mashinsky, the founder and former CEO of the now-defunct cryptocurrency lending platform Celsius, https://cointelegraph.com/news/celsius-alex-mashinsky-20-year-sentence-doj
A16z leads $25M funding for Miden blockchain project
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">A16z Crypto led a $25 million investment round into Miden, an independent blockchain project spun out of Polygon Labs.Miden closed its $25 million seed rounds led by a16z Crypto, 1kx, and Hack VC, with participation from Finality Capital Partners, Symbolic Capital, P2 Ventures, Delta Fund, MH Ventures, as well as from angel investors, including MakerDAO’s Rune Christensen and EigenLayer’s Sreeram Kannan.Miden is a https://cointelegraph.com/explained/zero-knowledge-proofs-explained
Circle gets Abu Dhabi regulatory nod to expand in Middle East
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" alt="Circle gets Abu Dhabi regulatory nod to expand in Middle East">USDC stablecoin issuer Circle has received in-principle approval (IPA) from the Financial Services Regulatory Authority (FSRA) of the Abu Dhabi Global Market (ADGM), the company announced on April 29.The approval moves Circle closer to obtaining a full Financial Services Permission (FSP) license, allowing it to operate as a regulated money services provider in the United Arab Emirates, the firm https://www.businesswire.com/news/home/20250429414167/en/Circle-Secures-In-Principle-Regulatory-Approval-from-ADGMs-FSRA
Bitcoin miner Phoenix Group adds 52 MW of mining capacity in Ethiopia
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" alt="Bitcoin miner Phoenix Group adds 52 MW of mining capacity in Ethiopia">Bitcoin mining firm Phoenix Group announced the addition of 52 megawatts (MW) worth of mining capacity to its capabilities in Ethiopia.According to an April 29 announcement, with this latest addition, Phoenix’s https://cointelegraph.com/learn/articles/how-to-mine-bitcoin-a-beginners-guide-to-mine-btc
Your digital identity got stolen — Now what?
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"> What is digital identity? Your digital identity is the fingerprint you leave across the internet, a living map of who you are.Your digital identity is more than just your name or email; it stretches from your social media profiles and https://cointelegraph.com/explained/crypto-wallets-explained
— is what keeps you a step ahead. In today’s world, staying sharp about cybersecurity isn’t optional. It’s a basic survival skill, right up there with managing your money or protecting your home.The future will only become more digital and more decentralized. Defending your digital identity today means preserving your independence tomorrow.
BlackRock Bitcoin ETF buys $970M in BTC as inflows surge, boost market
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">BlackRock’s exchange-traded fund (ETF) bought nearly $1 billion worth of Bitcoin on behalf of its clients on April 28, with continued inflows providing “structural support” for Bitcoin’s price appreciation, according to market analysts.BlackRock’s iShares Bitcoin Trust (IBIT) ETF bought $970 million worth of Bitcoin (https://cointelegraph.com/bitcoin-price
Loopscale recovers $2.8M after weekend DeFi hack and bounty talks
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">DeFi protocol Loopscale has recovered nearly half of the funds stolen during a major exploit over the weekend, as white hat negotiations with the attacker show signs of progress.In an April 29 update https://x.com/LoopscaleLabs/status/1917035273860350408
US DOJ requests 20-year sentence for Celsius founder Alex Mashinsky
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" alt="US DOJ requests 20-year sentence for Celsius founder Alex Mashinsky">Alex Mashinsky, the founder and former CEO of the now-defunct cryptocurrency lending platform Celsius, faces a 20-year prison sentence as the US Department of Justice (DOJ) is seeking a severe penalty for his fraudulent activity.The US DOJ on April 28 https://storage.courtlistener.com/recap/gov.uscourts.nysd.601958/gov.uscourts.nysd.601958.144.0.pdf
Bitcoin in 'critical zone' as triple breakout meets $93.5K support battle
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">Key points:Bitcoin has beaten out three key resistance levels in a single weekly candle.The weekly close defended the 2025 yearly open, but a subsequent dip below it is making analysis question the strength of the BTC price breakout.BTC/USD remains in a “critical zone” pending fresh support confirmations.Bitcoin (https://cointelegraph.com/bitcoin-price
to X by monitoring resource CoinGlass on April 29.
1inch launches on Solana with crosschain swaps in the pipeline
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" alt="1inch launches on Solana with crosschain swaps in the pipeline">Decentralized exchange (DEX) aggregator 1inch has launched on Solana, marking a significant step toward its vision of a “unified multichain” decentralized finance (DeFi) ecosystem.According to a press release shared with Cointelegraph, the integration enables users to trade over 1 million Solana-based tokens directly through the 1inch decentralized application (DApp), benefiting from maximal extractable value-protected swaps, optimized rates and open-source smart contract infrastructure.The move brings 1inch’s Fusion protocol to Solana for the first time. Fusion enables users to define their ideal swap parameters, which are then executed by competing professional market makers, or “resolvers,” using Dutch auction mechanics.Combined with Solana’s ultra-fast block times, the setup promises more efficient and seamless trading execution than other networks.A 1inch representative told Cointelegraph that users could expect “minimal fees” when executing swaps on Solana. “Users may expect costs of less than one cent,” they said.Related: https://cointelegraph.com/news/solana-s-loop-scale-halts-lending-after-5-8-m-hack
Abu Dhabi institutional giants team up for dirham stablecoin
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" alt="Abu Dhabi institutional giants team up for dirham stablecoin">A trio of major Abu Dhabi institutions, including the Emirate’s sovereign wealth fund, have teamed up to launch a new dirham-pegged stablecoin.Abu Dhabi’s sovereign wealth fund ADQ, the United Arab Emirates' largest bank, First Abu Dhabi Bank (FAB), and the massive conglomerate the International Holding Company, have partnered to https://cointelegraph.com/learn/articles/stablecoins-101-what-are-crypto-stablecoins-and-how-do-they-work
Zurich Uni’s secret AI experiment manipulated Redditors’ opinions
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">Researchers at the University of Zurich have been accused of undertaking an unauthorized four-month-long experiment on a Reddit board using artificial intelligence-generated comments to test whether AI could alter people’s opinions. As part of the experiment, https://cointelegraph.com/news/a-brief-history-of-artificial-intelligence
Ray Dalio says global monetary order ‘on the brink’ of breakdown
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">Legendary investor Ray Dalio has said the world is “on the brink” of the global monetary order breaking down, which is being accelerated by the Trump administration’s tariff disruptions.The trade tensions are fracturing the monetary, political and international world orders by fueling deglobalization and unsustainable trade imbalances, Dalio, the former CEO of hedge fund Bridgewater Associates, https://x.com/RayDalio/status/1916967796065423688
Bitcoin price cools off amid worrying macroeconomic data — Will $95K hold this week?
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">Key Takeaways:Bitcoin price dropped alongside falling Treasury yields, signaling investors’ flight to safer assets.Strategy’s $4.28B Bitcoin purchases and stock market strength have supported BTC above $90,000.A true breakout toward $100,000 will require Bitcoin to decouple from equities and stronger liquidity signals.Bitcoin (https://cointelegraph.com/bitcoin-price
, which could end a period of monetary tightening that has lasted for more than two years.This article is for general information purposes and is not intended to be and should not be taken as legal or investment advice. The views, thoughts, and opinions expressed here are the author’s alone and do not necessarily reflect or represent the views and opinions of Cointelegraph.
Bitcoin acts like ‘store of value that it is’ amid Trump policy chaos: NYDIG
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">Bitcoin is starting to act as a store of value during times of “US-risk-off” sentiment, marking a potential shift in its relationship with traditional assets, according to the New York Digital Investment Group.Bitcoin (https://cointelegraph.com/bitcoin-price
Norway’s sovereign wealth fund lost $40B in Q1— Will it hedge risk by increasing Bitcoin exposure?
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">Key takeaways: Norges Bank lost $40 billion in Q1 2025 as US tech stocks fell, exposing the risk of concentrated positions.The bank’s indirect Bitcoin exposure via stocks reached $356 million, raising sell pressure risk amid a global trade war and recession concerns.Abu Dhabi’s $437 million spot Bitcoin ETF stake shows sovereign wealth funds see Bitcoin as a hedge.Norges Bank, Norway’s $1.7 trillion sovereign wealth fund, reported a $40 billion loss in the first quarter of 2025, with most of the decline caused by a drop in the value of US-listed technology companies. Norges Bank also https://cointelegraph.com/news/norway-sovereign-wealth-fund-indirect-bitcoin-exposure-k33
Investment Board held $321 million in spot Bitcoin ETFs, showing the growing use of cryptocurrency as a hedge.This article is for general information purposes and is not intended to be and should not be taken as legal or investment advice. The views, thoughts, and opinions expressed here are the author’s alone and do not necessarily reflect or represent the views and opinions of Cointelegraph.
Blockchain needs regulation, scalability to close AI hiring gap
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" alt="Blockchain needs regulation, scalability to close AI hiring gap">The emerging blockchain industry lags behind the artificial intelligence sector in terms of job creation, but this hiring gap may narrow by 2030.Blockchain remains one of the smallest sectors in the tech industry, with over 300,000 global jobs, compared to more than 1.5 million in AI and machine learning and 25 million in software development, according to a new Bitget Research report shared with Cointelegraph.The blockchain sector added around 20,000 new jobs in 2024, according to job listings aggregated from platforms like LinkedIn, Web3 Jobs and Crypto Job List.
5 Bitcoin charts predicting BTC price rally toward $100K by May
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">Key Takeaways:BTC liquidation levels, onchain data, and chart setups converge at the $100K target.Profitability has surged, suggesting a rebound in market confidence.BTC breakout patterns point to $100K as a short-squeeze and euphoria magnet.Bitcoin (https://cointelegraph.com/bitcoin-price
, reflecting a fresh wave of accumulation.
The sentiment engine of Bitcoin ETFs is rewiring market structure
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" alt="The sentiment engine of Bitcoin ETFs is rewiring market structure">The tide of capital once destined for raw spot Bitcoin has begun to flow through institutional canals, spot exchange-traded funds (ETFs), structured products and wrapped exposure, and while the water is rising fast, the waves aren’t quite the same. Bloomberg’s senior ETF analyst, Eric Balchunas, https://x.com/EricBalchunas/status/1915027291417047326
Polygon CEO: DeFi must ditch hype for sustainable liquidity
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">Polygon Labs CEO Marc Boiron called for a fundamental shift in how decentralized finance (DeFi) protocols manage liquidity, labeling the sector’s ongoing liquidity crisis as “self-inflicted.” In an exclusive interview, Boiron outlined Polygon’s vision for sustainable DeFi, emphasizing chain-owned liquidity and transparent economic models as the path forward.Boiron criticized DeFi protocols for fueling a cycle of “mercenary capital” by https://cointelegraph.com/news/crypto-lending-down-43-2021-highs-defi-borrowing-recovers-959
OpenSea regains NFT market lead as rivals fall behind in user activity
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" alt="OpenSea regains NFT market lead as rivals fall behind in user activity">Non-fungible token (NFT) marketplace OpenSea has regained its position as the leading platform for digital collectible trading, even as overall market activity declined.Data tracker NFTScan https://www.nftscan.com/marketplace
‘Vitalik: An Ethereum Story’ is less about crypto and more about being human
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">When Zach Ingrasci and Chris Temple had the idea to make the documentary film Vitalik: An Ethereum Story, they were actually filming another documentary, and over the course of their filmmaking journey, they ended up capturing both a deeper, human look at the world of crypto and an end product that serves as a use case for the future of crypto filmmaking.When crafting a documentary, filmmakers will typically start with a vision of what they’d like to explore, a vision often saddled with a set of assumptions, only to shatter that vision once filming begins, creating an entirely new direction for the project.It’s a creative evolution that filmmakers Zach Ingrasci and Chris Temple also experienced while making the documentary feature https://www.tinfafilm.com/
Arkansas city rejects crypto mining proposal after community pushback
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" alt="Arkansas city rejects crypto mining proposal after community pushback">The planning commission of Vilonia, Arkansas, unanimously rejected a proposal to establish a cryptocurrency mining facility within the city limits, following strong opposition from residents.According to local https://www.youtube.com/watch?v=_h5SeHWc9-8
RTFKT’s CloneX avatars reappear after issue blacks out NFTs
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">More than 19,800 CloneX digital avatars developed by non-fungible token firm RTFKT Studios have reappeared after Cloudflare blacked out the NFTs for apparently violating its terms of service.“This content has been restricted. Using Cloudflare’s basic service in this manner is a violation of the Terms of Service. Please visit cfl.re/tos to learn more,” the message read on April 24.RTFKT’s head of tech, Samuel Cardillo, has https://x.com/CardilloSamuel/status/1915505787104887019
How long will Bitcoin’s price consolidation last?
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">Key takeaways:Bitcoin trades within a narrowing range between $91,000 and $94,500 over the last three days.A rare divergence between rising open interest and negative funding rates could set up a short squeeze.BTC price must establish $95,000 as new support to continue the uptrend.Bitcoin (https://cointelegraph.com/bitcoin-price
The breakout could come in the next few days as April ends. QCP Capital said, "Call options at $95K strikes for end-April and end-May expiries have dominated flow, pointing to a tactical appetite for further upside.”In an April 25 Telegram note to investors, the investment firm said:“With macro risks temporarily subdued and trade tensions cooling, BTC is likely to consolidate in a narrow $90K–$94.5K range while awaiting a catalyst for a decisive push toward the elusive $100K mark.”This article does not contain investment advice or recommendations. Every investment and trading move involves risk, and readers should conduct their own research when making a decision.
North Korean hackers set up 3 shell companies to scam crypto devs
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" alt="North Korean hackers set up 3 shell companies to scam crypto devs">A subgroup of the North Korea-linked hacker organization Lazarus set up three shell companies, two in the US, to deliver malware to unsuspecting users.The three sham crypto consulting firms — BlockNovas, Angeloper Agency and SoftGlide — are being used by the https://cointelegraph.com/news/north-korean-hackers-crypto-theft-2024-chainalysis
Saylor holding 10M BTC won’t ‘threaten the protocol,’ says author
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">Key TakeawaysBitcoin Standard author Saifedean Ammous says that even if one entity owned a huge amount of Bitcoin, it wouldn’t hurt the protocolAmmous reiterated major companies like BlackRock and Strategy don’t own the Bitcoin they hold since it belongs to the investorsAmmous said if these companies ever abused their position, people would likely pull their money and invest somewhere else. Michael Saylor’s Strategy hypothetically hoarding nearly 48% of Bitcoin’s total supply wouldn’t pose any risk to the Bitcoin protocol or its price, says Bitcoin Standard author Saifedean Ammous.“If Michael Saylor ends up with 10 million Bitcoin, what is he going to do? He’s likely just going to leverage them to buy more Bitcoin,” Ammous https://x.com/APompliano/status/1915541828788437415
This article does not contain investment advice or recommendations. Every investment and trading move involves risk, and readers should conduct their own research when making a decision.
SEC bids to drop securities suit against Dragonchain over crypto ICO
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" alt="SEC bids to drop securities suit against Dragonchain over crypto ICO">The US Securities and Exchange Commission is looking to drop its unregistered securities lawsuit against blockchain firm Dragonchain in the agency’s latest crypto-related backdown. In a joint stipulation filed with Dragonchain on April 24 in a Seattle federal court, the SEC said it “believes the dismissal of this case is appropriate,” citing the work of the agency’s https://cointelegraph.com/learn/articles/sec-crypto-task-force
Ethereum devs test a 4x increase in gas limit for Fusaka hard fork
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" alt="Ethereum devs test a 4x increase in gas limit for Fusaka hard fork">Ethereum core developers are considering a four times increase in the layer 1 gas limit as one of the key features for the next hard fork after Pectra, known as Fusaka.The devs are proposing to test a raise in Ethereum’s gas limit to 150 million by the Fusaka hard fork, https://github.com/ethereum/EIPs/pull/9678
Blockchain could be headed for ‘ChatGPT moment’ in adoption: Citigroup
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">Regulatory changes could be the catalyst to spark significant adoption of stablecoins and blockchain tech in 2025, according to investment banking giant Citigroup.“2025 has the potential to be blockchain’s ‘ChatGPT’ moment for adoption in the financial and public sector, driven by regulatory change,” a team of Citigroup financial analysts https://www.citigroup.com/global/insights/digital-dollars
ARK Invest ups its 2030 Bitcoin bull case prediction to $2.4M
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">Billion-dollar asset manager ARK Invest has raised its “bull case” Bitcoin price target from $1.5 million to $2.4 million by the end of 2030, driven largely by institutional investors and Bitcoin’s increasing acceptance as “digital gold.”ARK’s “bear” and “base” case scenarios for the price of Bitcoin (https://cointelegraph.com/bitcoin-price
Slovenia’s capital of Ljubljana ranked as world’s most crypto-friendly city
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">The capital city of Slovenia — Ljubljana — has been named the world’s most crypto-friendly city by migration advisory firm Multipolitan.The city outranked runners-up Hong Kong and Switzerland’s economic powerhouse Züric, which scored the same in the Crypto-Friendly Cities Index, https://www.multipolitan.com/resource/the-future-is-onchain
