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Bitcoin investment fund opens doors to EU citizenship

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Portugal has expanded its Golden Visa program to include Bitcoin (BTC) investments as a pathway to European Union (EU) citizenship, offering a new avenue for global investors seeking residency in the EU.

The update to the Golden Visa program, effective immediately, allows eligible investors to contribute Bitcoin towards qualifying investments, alongside traditional options like real estate and business ventures. This move underscores Portugal’s progressive stance towards digital assets and its commitment to attracting global talent and investment.

The Golden Visa program, renowned for its flexibility and benefits, now extends its appeal to cryptocurrency investors looking to secure EU residency. By embracing Bitcoin as a valid investment asset, Portugal aims to capitalize on the growing interest in digital currencies while bolstering its economic growth and international competitiveness.

Under the revised program, applicants can leverage Bitcoin investments to meet the required financial thresholds, facilitating a streamlined pathway to Portuguese residency and eventual EU citizenship. This initiative aligns with Portugal’s strategic objectives to foster innovation, entrepreneurship, and economic diversification through forward-thinking policies.

As Portugal emerges as a preferred destination for global investors seeking EU residency, the inclusion of Bitcoin investments in the Golden Visa program underscores the country’s proactive approach to adapting to digital finance trends. The move is expected to attract a new wave of cryptocurrency investors and further enhance Portugal’s standing as a leading hub for innovation and investment in Europe.

By offering a progressive framework that embraces digital assets, Portugal aims to position itself at the forefront of global efforts to integrate blockchain technology and digital currencies into mainstream financial systems. The expansion of the Golden Visa program to include Bitcoin investments reflects Portugal’s commitment to embracing digital transformation and providing unparalleled opportunities for international investors.

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Bitcoin price risks drop to $71K as Trump tariffs hurt US business outlook

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Bitcoin is setting its sights on the $71,000 mark as market conditions shift in response to geopolitical and economic developments, including a new tariff agreement and weakening U.S. business sentiment.

Recent market activity suggests that Bitcoin is benefiting from concerns over traditional economic indicators, with investors turning to digital assets as a hedge against economic uncertainty. A rare slump in U.S. business outlook has fueled speculation that risk assets, including Bitcoin, could see increased inflows.

Additionally, ongoing global trade negotiations and tariff adjustments have contributed to market volatility, prompting investors to seek alternative stores of value. Analysts suggest that if macroeconomic pressures persist, Bitcoin could continue its upward trajectory, potentially testing the $71,000 resistance level.

Despite short-term fluctuations, Bitcoin remains a focal point for investors navigating inflation concerns, regulatory shifts, and global economic trends. The coming weeks will be critical in determining whether Bitcoin can sustain its momentum and break through key price barriers.

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Crypto donations top $1B in 2024, gain traction after Myanmar, Thailand quake

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Changpeng “CZ” Zhao, the former CEO of Binance, has donated 1,000 BNB to aid relief efforts following a powerful earthquake that struck the Thailand-Myanmar border region. The donation, valued at approximately $600,000, aims to support those affected by the disaster and assist in recovery operations.

The earthquake caused significant damage in several areas, displacing residents and impacting local infrastructure. CZ’s contribution highlights the growing role of cryptocurrency in humanitarian aid, providing fast and transparent relief funding.

The donation will be distributed to organizations working on the ground to deliver emergency assistance, including shelter, food, and medical supplies. Crypto-based aid is increasingly being utilized in disaster response efforts due to its efficiency in reaching affected communities without the delays of traditional banking systems.

As the affected regions begin the recovery process, the crypto community continues to demonstrate how blockchain technology can play a meaningful role in global humanitarian initiatives.

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Hackers are selling counterfeit phones with crypto-stealing malware

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Security researchers have uncovered a wave of counterfeit Android devices preloaded with malware designed to steal cryptocurrency, posing a significant threat to users worldwide. The infected devices, which mimic popular smartphone brands, contain malicious software capable of hijacking digital wallets and siphoning funds.

The malware, embedded at the firmware level, allows attackers to gain remote access, intercept sensitive data, and execute unauthorized transactions. Because the malicious code is deeply integrated into the device’s operating system, it is difficult to detect and remove, making it a persistent threat.

Cybersecurity experts warn that unsuspecting buyers may unknowingly expose their crypto holdings to risk by purchasing these compromised devices from unverified sellers. Users are urged to exercise caution by only purchasing smartphones from trusted retailers and manufacturers.

The discovery highlights the growing sophistication of cybercriminals targeting the cryptocurrency sector. As mobile-based crypto transactions become more common, security measures such as hardware wallet usage and multi-factor authentication are increasingly essential to safeguard digital assets from emerging threats.

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