Bitcoin News / Bitcoin.com - 7 months ago
Welcome to Latam Insights Encore, a deep dive into Latin America’s most relevant economic and cryptocurrency news from last week. In this edition, we examine how the Central Bank of Brazil has proposed a tax on the use of stablecoins for making remit...
Bitcoin News / Bitcoin.com - 7 months ago
The Pakistani government has proposed amendments to the State Bank of Pakistan (SBP) Act to recognize central bank digital currencies (CBDCs) as legal tender. These changes would authorize the central bank to issue, regulate, and manage digital curre...
Bitcoin News / Bitcoin.com - 7 months ago
A UK pension scheme has allocated 3% of its portfolio to bitcoin, marking a groundbreaking move aimed at diversification and potential long-term growth amid economic challenges. Rethinking Retirement: Bitcoin’s Intriguing New Role in UK Pension...
Bitcoin News / Bitcoin.com - 7 months ago
The U.S. dollar has been wielded as a “weapon of oppression,” a Russian official argues, accelerating its decline as the world’s reserve currency as BRICS nations pursue currency alternatives. The US Dollar’s New Fate: Lavrov...
Bitcoin News / Bitcoin.com - 7 months ago
A U.S. dollar collapse would trigger catastrophic global upheaval, warns Dmitry Medvedev, describing a looming “explosion” with grave consequences for the entire world economy. Medvedev Warns of Grave Global Havoc if US Dollar Bubble Bursts Dmitry Me...
Bitcoin News / Bitcoin.com - 7 months ago
Bitcoin could reach $3 million, according to asset manager Vaneck, with a model showing its potential as a reserve asset held by global central banks. Bitcoin as Central Bank Asset? The $3M Target Driving Big Conversations Matthew Sigel, head of digi...
Bitcoin News / Bitcoin.com - 7 months ago
Bitcoin’s rise appears unstoppable, with Bernstein projecting a $200,000 target for 2025, undeterred by potential market volatility from the upcoming U.S. election. Bernstein’s $200K Bitcoin Target Faces a Trump-Harris Showdown Analysts a...
Bitcoin News / Bitcoin.com - 7 months ago
Newly surfaced documents reveal over 20 cases where regulators allegedly pressured banks to halt crypto services, raising concerns of a covert crackdown on U.S. crypto firms. 20 Secretive Regulator Moves Targeting Crypto in Operation Chokepoint 2.0 C...
Bitcoin News / Bitcoin.com - 7 months ago
Bitcoin’s price is set to rise regardless of the 2024 election outcome, says Anthony Scaramucci, though Trump’s deregulation could provide a short-term boost. US Elections, Bitcoin, and Power Moves: Scaramucci’s Predictions Unveiled Anthony Sca...
Bitcoin News / Bitcoin.com - 7 months ago
As the 2024 U.S. election draws near, the crypto community is abuzz, eagerly watching to see how bitcoin will respond. Many industry insiders are keen to share their perspectives on what might unfold in this dynamic landscape. Crypto Market Braces fo...
Bitcoin News / Bitcoin.com - 7 months ago
Standard Chartered’s Zodia Custody is raising $50 million to expand its crypto custody services amidst increasing competition from both traditional finance and crypto-native firms. Institutional Investors Drive Demand for Crypto Custody Standar...
Bitcoin News / Bitcoin.com - 7 months ago
The Bitcoin Policy Institute (BPI) has released a report advocating for a strategic bitcoin reserve (SBR) to strengthen U.S. economic stability and global influence. Titled “Digital Gold: Evaluating a Strategic Bitcoin Reserve for the Unit...
Bitcoin News / Bitcoin.com - 7 months ago
Gemini launched a new campaign, “Go Where Dollars Won’t,” on Nov. 4, aiming to showcase cryptocurrency’s potential beyond traditional currency constraints. Exploring New Frontiers: Meet Gemini’s ‘Go W...
Bitcoin News / Bitcoin.com - 7 months ago
Reports indicate that the State of Michigan Retirement System recently invested over $10 million in ethereum exchange-traded funds (ETFs), specifically in Grayscale’s Ethereum Trust and its Ethereum Mini Trust. The Rise of Crypto in Retirement...
Bitcoin News / Bitcoin.com - 7 months ago
In a market flooded with useless meme coins, one new project is taking a different approach – and investors are noticing. The Crypto All-Stars (STARS) presale has just passed the $3 million mark, hinting that it might have more staying power than the...
Bitcoin News / Bitcoin.com - 7 months ago
The year-to-date inflows for digital assets hit a new high of $29.2 billion with inflows of $2.2 billion last week. This was according to Coinshares’ latest digital assets inflow report by head of research, James Butterfill. Coinshares: Record...
Bitcoin News / Bitcoin.com - 7 months ago
Bitcoin’s price is set for major volatility as the U.S. election approaches, with traders anticipating sharp moves based on whether Donald Trump or Kamala Harris wins the presidency. Market Watch: Bitcoin’s Volatile Path Amid Trump-Harr...
Bitcoin News / Bitcoin.com - 7 months ago
Deep Chainsaw, the name given to President Milei’s plan to trim the bureaucratic excesses in state institutions, recently reached a milestone in savings for the country. Milei celebrated that the program eliminated over 33,000 job positions. A...
Bitcoin News / Bitcoin.com - 7 months ago
Ethereum (ETH) is currently hovering around critical support and resistance levels, with recent trading activity suggesting that a breakout or breakdown might be on the horizon. Ethereum Looking at the daily chart, ethereum (ETH) has trended downward...
Bitcoin News / Bitcoin.com - 7 months ago
Bitcoin’s movement held steady over the past hour, trading between $68,856 and $69,156 in a tight range. Bitcoin On the 1-hour chart, bitcoin is facing resistance at $69,444, with support near recent lows of $67,459. This range, paired with lo...
Bitcoin News / Bitcoin.com - 7 months ago
Binance CEO Richard Teng has revealed the strategy the exchange will follow to regain its growth trajectory. Teng stated that the real objective is to attract outsiders to crypto, downplaying the recent decline of Binance in the exchange market. Bina...
Bitcoin News / Bitcoin.com - 7 months ago
It’s been a rough week for bitcoin mining stocks, as nine out of the top ten publicly listed miners have seen declines ranging from 2.07% to 19.65%. This Week Applied Digital Leads Declines in Bitcoin Mining Sector, Hut 8 Only Gainer With just...
Bitcoin News / Bitcoin.com - 7 months ago
The latest Certik Web3 Security Quarterly Report reveals alarming statistics for the second quarter of 2024, with a staggering $688 million lost across 184 on-chain security incidents, marking a 37% increase in value lost compared to the previous qua...
Bitcoin News / Bitcoin.com - 7 months ago
The Central Bank of Argentina has opened its doors to host a cryptocurrency-themed art exhibition for the first time. The show, titled “Art, Artificial Intelligence and the Future of the Economy,” includes a series of bitcoin mi...
Bitcoin News / Bitcoin.com - 7 months ago
Kraken has announced the launch of a licensed broker offering specifically designed for Australian wholesale clients, providing access to a range of crypto-based derivatives products. This new service allows eligible clients to manage risk and gain e...
