European Central Bank Claims Trumpβs Crypto Push to Impact Europe Economy
Full News: https://coingape.com/european-central-bank-claims-trumps-crypto-push-to-impact-europe-economy/?utm_source=telegram&utm_medium=cryptohub
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Full News: https://coingape.com/european-central-bank-claims-trumps-crypto-push-to-impact-europe-economy/?utm_source=telegram&utm_medium=cryptohub
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European Central Bank Claims Trump's Crypto Push to Impact Europe Economy
The European Central Bank claims Trump's pro-crypto push is stifling Europe's economy, although the European Commission rebuffs it.
Bitcoin officially surpasses Google to become the 5th largest asset in the world by market cap.
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Dutch bank ING is collaborating with leading crypto firms to launch a euro-backed stablecoin, aiming to challenge U.S. dollar dominance and boost Europe's financial autonomy in digital assets.
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The BUIDL fund by BlackRock has surpassed $2.3B in supply, just a month after crossing the $1B mark.
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Currently, it takes over 32,000 $TRUMP token (~$400,000) to break into the top 220 holders and attend the Trump Dinner.
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BlackRock has purchased $240 million worth of Bitcoin and $54 million in Ethereum, signaling growing institutional confidence and adding momentum to the ongoing crypto market rally.
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US spot Bitcoin ETFs attracted over $3B in weekly inflows, the highest in 5 months and the second-largest ever.
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