Bitcoin News / Bitcoin.com - 8 months ago
Chris Larsen, a well-known figure in the world of American business and angel investing, is making headlines once again. This time, the co-founder of multiple Silicon Valley tech ventures, including Ripple, has pledged a whopping $10 million to suppo...
Bitcoin News / Bitcoin.com - 8 months ago
Bitcoin’s network hashrate has hit a groundbreaking peak of 725.88 exahash per second (EH/s) for the very first time in its history. Imagine this: 725 quintillion hashes are being crunched every second to secure the network. That’s an astronomical nu...
Bitcoin News / Bitcoin.com - 8 months ago
Former President Donald Trump reached a new high on the predictions market Polymarket on Monday rising to 62.6% while his competitor Vice President Kamala Harris now stands with a 37.5% lead. The news follows Trump joining the team at a McDonald’s in...
Bitcoin News / Bitcoin.com - 8 months ago
Gold prices surged to a new record high of $2,729.30 per ounce on October 21, bringing their gains for 2024 to over 30%. The commodity’s latest increase is attributed to increased safe-haven demand amid escalating tensions in the Middle East an...
Bitcoin News / Bitcoin.com - 8 months ago
On Oct. 20, 2024, bitcoin’s price broke past the $69,000 mark, leaving many in the market eager to see what’s next. With the 2024 U.S. elections approaching, bitcoin (BTC) prices could swing unpredictably, given the speculation surround...
Bitcoin News / Bitcoin.com - 8 months ago
Pepe Unchained (PEPU), the latest meme coin sensation, has smashed through the $21 million mark in its ICO. Now, with a well-known analyst claiming PEPU is “ready to rocket,” excitement is building in the crypto community. Pepe...
Bitcoin News / Bitcoin.com - 8 months ago
While bitcoin is up 4.6% this past week and ethereum gained 5.2% over the seven day run, a large number of crypto assets saw double-digit weekly gains and some managed to capture triple-digit rises. The leaders of the pack this week included GOAT and...
Bitcoin News / Bitcoin.com - 8 months ago
In a working paper, Amol Amol and Erzo G.J. Luttmer from the Federal Reserve Bank of Minneapolis argue that prohibiting bitcoin or imposing specific taxes could help governments implement permanent primary deficits effectively. Their research explore...
Bitcoin News / Bitcoin.com - 8 months ago
On Oct. 21, 2024, ethereum holds steady at $2,706, sticking within a key trading zone after recently hitting a high of $2,769. Technical indicators across various timeframes paint a mixed picture, as oscillators suggest caution while moving averages...
Bitcoin News / Bitcoin.com - 8 months ago
On Oct. 21, 2024, bitcoin is trading at $68,322, supported by a market cap of $1.35 trillion. The cryptocurrency saw a 24-hour trading range between $68,145 and $69,431, with a trading volume reaching $28.79 billion. Technical indicators from multipl...
Bitcoin News / Bitcoin.com - 8 months ago
South African bank Capitec has blocked electronic funds transfers and real-time payments to cryptocurrency exchanges as a security measure. While Capitec acknowledges growing interest in cryptocurrencies, the bank maintains that the measure is necess...
Bitcoin News / Bitcoin.com - 8 months ago
PRESS RELEASE. Geneva, Switzerland, October 21, 2024 – TRON DAO participated as a Ruby Sponsor at Princeton Blockchain Club’s 3rd Annual Crypto TigerTrek, a novel Princeton experience that brought together students and industry professi...
Bitcoin News / Bitcoin.com - 8 months ago
Mercado Libre, the Latin American e-commerce and financial services giant, has reached a milestone with meli dolar, an in-house distributed dollar-pegged stablecoin. The token, launched in August, is now in millions of wallets, according to Ignacio E...
Bitcoin News / Bitcoin.com - 8 months ago
It might sound like a conspiracy, but central banks are almost certainly already buying Bitcoin. Here’s why: Hedging Against Their Own Policies Nearly all countries are up to their ears in debt. Since austerity measures are not politically acceptable...
Bitcoin News / Bitcoin.com - 8 months ago
New Hampshire Attorney General John M. Formella and 17 other state attorneys general are urging the Biden Administration to designate Tigran Gambaryan, a detained U.S. citizen, as a hostage. The AGs express deep concern for his well-being and safety,...
Bitcoin News / Bitcoin.com - 8 months ago
Welcome to Latam Insights, a compendium of Latin America’s most relevant crypto and economic news from the past week. In this issue, Brazil pushes BRICS to use national currencies instead of the dollar, bitcoin adoption reaches critical levels...
Bitcoin News / Bitcoin.com - 8 months ago
Before bitcoin’s fourth halving, the crypto asset soared to a peak of $73,794 on March 14, as recorded on Bitstamp. During the period from March 10 to April 10, bitcoin’s hashprice—representing the estimated daily earnings for 1...
Bitcoin News / Bitcoin.com - 8 months ago
Russian President Vladimir Putin has emphasized the need for independent financial systems within BRICS, focusing on developing an alternative to Swift. He addressed the idea of a shared BRICS currency but urged caution, noting that it’s not yet full...
Bitcoin News / Bitcoin.com - 8 months ago
Bitcoin’s rise is enriching early adopters at the expense of society, according to a paper by European Central Bank (ECB) economists. They argued that bitcoin’s speculative growth leads to wealth redistribution, where early investors ga...
Bitcoin News / Bitcoin.com - 8 months ago
Russian President Vladimir Putin has unveiled a plan to introduce digital currencies as a key tool for investment for the BRICS alliance. This proposal aims to boost economic growth in developing nations, with a focus on minimizing inflationary risks...
Bitcoin News / Bitcoin.com - 8 months ago
Global investment bank UBS is forecasting a “no landing” scenario for the U.S. economy, where growth continues and inflation remains stable, defying predictions of recession. With stronger-than-expected jobs data and GDP growth, UBS expec...
Bitcoin News / Bitcoin.com - 8 months ago
Russia is determined to create a domestic payment system to conduct trade and international transactions free from current disruptions. Mikhail Mishustin, Prime Minister of Russia, stated that this will be a joint effort by many institutions to achie...
Bitcoin News / Bitcoin.com - 8 months ago
Payments company Stripe has acquired stablecoin platform Bridge in a $1.1 billion transaction, marking the largest acquisition in the crypto industry to date. Techcrunch founder Michael Arrington confirmed the news through a post on X, emphasizing th...
Bitcoin News / Bitcoin.com - 8 months ago
Follow Regina in her journey down the rabbit hole that is My Neighbor Alice. Will she find a wonderful land, or will it be a bore? Read on to find out. Last episode’s quick recap I’m still riding the hype—Spider Tanks is an epic...