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If you are a cryptocurrency investor, staying informed by following the news is crucial for making sound investment decisions. Here, you can find the latest Bitcoin news and cryptocurrency and blockchain news, analyses, and up-to-date information.

Since 2017, Uzmancoin has been dedicated to providing the most current Bitcoin news and commentary, last-minute developments, and comprehensive content related to cryptocurrency. Additionally, it aims to assist investors in making informed decisions by offering detailed information about markets and technological innovations.

The world is changing at an unprecedented pace, and keeping up with this change is more important than ever. Technology has profoundly impacted every aspect of life, and now it’s the financial system’s turn. In today’s world, with technology causing such disruptive change, it is impossible to continue with the legacy financial system. Cryptocurrencies, the underlying Blockchain technology, and of course Bitcoin are leading a major transformation here, promising to shape the financial system for the better.

Cryptocurrencies and Blockchain technology are poised to play a significant role in the future of the financial world. Therefore, news, developments, and innovations in this field must be closely monitored, and investments should be shaped accordingly. In this process, Uzmancoin guides investors, providing current information and analyses to help them capture the changes and opportunities in the world of cryptocurrency.

For beginners and experienced investors alike, Uzmancoin aims to contribute to informed and correct decision-making by offering the most up-to-date and essential news in the cryptocurrency and blockchain world. Remember, knowledge is power, and having the right information is the key to becoming a successful cryptocurrency investor.

Venezuela’s oil giant PDVSA turns to crypto

The US decision to reimpose sanctions on Venezuela’s oil trade has prompted officials in the South American country to take action. According to Reuters, state-owned oil company PDVSA will increase the use of cryptocurrency in crude oil and other fuel products due to sanctions.

Crypto funds see $206 million in weekly outflows

Crypto funds closed another week in the minus. A net $206 million came out of funds last week. Bitcoin funds sold $192 million and Ether funds sold $34 million. Experts say that investor appetite in ETFs continues to decline and the main reason for this is the view that the Fed will support the high interest rate environment for longer than expected.

Shiba Inu raises $12 million in token round for its new blockchain

Shiba Inu has raised $12 million through a token sale for its new privacy-focused layer 3 blockchain. Animoca Brands and Polygon Ventures are among the investors. It is stated that the fund raised in investment rounds that do not include token sales is close to $400 million.

FTX will auction off the rest of its locked Solana tokens

It is stated that the bankruptcy management of FTX, which recently gave the Solanas it held in private sales to companies such as Pantera and Galaxy Digital, decided to sell the last remaining part by auction. It is also certain that SOL tokens will remain locked for a certain period of time.

Bitcoin transaction fees come crashing down post halving

Bitcoin transaction fees, which broke a historic record with the launch of the Runes protocol after the reward halving that took place on the night between Friday and Saturday, almost crashed yesterday and this morning and started to return to normal. Medium priority transactions are hovering around $10. Bitcoin price has been increasing since the morning hours.

Surge in transaction fees after the halving: Record in Bitcoin history

The 840,000th block in which the Halving took place paid much more in transaction fees than usual. The fees paid in the blocks following the Halving block also reached millions of dollars. In total, $54 million has been spent on transaction fees in less than 24 hours. The previous daily record was $24 million. How did this occur?