Bitcoin News / Bitcoin.com - 10 months ago
Climate scientists in East Africa are integrating artificial intelligence (AI) into traditional weather forecasting methods to enhance the accuracy of extreme weather predictions. The region faces increasing frequency and severity of extreme weather...
Bitcoin News / Bitcoin.com - 10 months ago
A recent report by Coinwire, a cryptocurrency research portal, predicts that cryptocurrency adoption levels in Latam will more than double in 2024. The report, which examined trading movements on trusted centralized exchanges according to Coingecko,...
Bitcoin News / Bitcoin.com - 10 months ago
Following the recent volatility in global equity markets, some analysts suggest that the U.S. Federal Reserve might implement an emergency rate cut before September. In addition, market predictions are leaning toward a rate cut at the September Feder...
Bitcoin News / Bitcoin.com - 10 months ago
Google Pay, Amazon Pay, and Walmart-backed Phonepe are reportedly seeking to join India’s central bank digital currency (CBDC) initiative led by the Reserve Bank of India (RBI). Other fintech firms like Cred and Mobikwik are also seeking partic...
Bitcoin News / Bitcoin.com - 10 months ago
The French financial regulatory authority has begun accepting applications for authorization as a crypto asset service provider under the European Markets in Crypto-Assets (MiCA) Regulation, ahead of its implementation in December 2024. This regulati...
Bitcoin News / Bitcoin.com - 10 months ago
Jeremy Siegel, a finance professor and chief economist, has called for an emergency 75 basis point cut in the fed funds rate following a market downturn. He emphasized the necessity of this cut and suggested another rate cut next month to align with...
Bitcoin News / Bitcoin.com - 10 months ago
The chief investment officer at asset management firm Bitwise has addressed the current market downturn, drawing parallels with the market crash on March 12, 2020, when the Covid-19 pandemic caused global panic. “People smash the sell butt...
Bitcoin News / Bitcoin.com - 10 months ago
Welcome to Latam Insights Encore, a deep dive into Latin America’s most relevant economic and cryptocurrency-based news from last week. In this edition, we discuss the recent proposal from El Salvador to settle their trade transactions with Ru...
Bitcoin News / Bitcoin.com - 10 months ago
Saudi Arabia’s emergence as a top venture capital investment destination in the Middle East and North Africa offers an opportunity for Web3 startups seeking funding. However, the latest Adaverse report acknowledges that the Saudi Web3 industry faces...
Bitcoin News / Bitcoin.com - 10 months ago
The trillion-dollar coin, an idea that surged as a solution to raising the U.S. debt ceiling on more than one occasion, was recently revealed to have been considered by the government several times. Memos obtained via FOIA requests by journalist Jaso...
Bitcoin News / Bitcoin.com - 10 months ago
PRESS RELEASE. SINGAPORE — 5th August, 2024 — TOKEN2049, the world’s largest crypto event, announced its first batch of headline speakers and prominent title sponsors ahead of its eagerly anticipated return to Singapore. TOKEN2049 will take place fro...
Bitcoin News / Bitcoin.com - 10 months ago
Global investment bank Goldman Sachs has increased the likelihood of a U.S. recession within the next year to 25% from the previous 15%, although they maintain that the risk remains limited. Despite the recent rise in unemployment to its highest in n...
Bitcoin News / Bitcoin.com - 10 months ago
Over the past 24 hours, as market values have declined significantly, many observers have begun discussing the current crypto market cycle and the potential for digital currency prices to recover. Data indicates that hundreds of billions of dollars h...
Bitcoin News / Bitcoin.com - 10 months ago
Xapo Bank has entered the UK market, becoming the only licensed banking group to offer a combined interest-bearing USD and bitcoin account. “We’re proud to announce we have successfully passported our banking license into the UK. This means we...
Bitcoin News / Bitcoin.com - 10 months ago
99Bitcoins is making its move into tokens – but time is running out. They’ve already pulled in over $2.6 million through the presale for their new 99Bitcoins Token (99BTC). And with a Learn-to-Earn model set to debut, things could be ab...
Bitcoin News / Bitcoin.com - 10 months ago
The narrowing Japanese “yen carry trade” has been blamed for the Aug. 5 global market downturn that sent stock markets and top cryptocurrencies like bitcoin and ethereum plunging by double-digit figures. Some experts cite the di...
Bitcoin News / Bitcoin.com - 10 months ago
U.S. equities have joined the global downturn, following sharp declines across Asia and Europe, with Japan’s Nikkei suffering significant losses. By 11:15 a.m. EDT on Monday, the five major U.S. stock indices had fallen between 2.5% and 4.5%....
Bitcoin News / Bitcoin.com - 10 months ago
Presently, the cryptocurrency market is experiencing a significant downturn, with bitcoin dropping 24% this week and ethereum shedding 30% against the U.S. dollar. While these losses are notable, some digital currencies have fared even worse, with on...
Bitcoin News / Bitcoin.com - 10 months ago
Enter the world of Gamdom Casino, where exceptional gaming meets cutting-edge cryptocurrency transactions. As a renowned online gaming platform, Gamdom offers an unparalleled experience, combining a vast game selection with innovative payment options...
Bitcoin News / Bitcoin.com - 10 months ago
More than 2,000 compromised cryptocurrency wallets belonging to Australians were recently uncovered during a global operation targeting cryptocurrency scammers. The Australian Federal Police is reportedly investigating Australian losses identified in...
Bitcoin News / Bitcoin.com - 10 months ago
As of 9 a.m. EDT on Monday, the crypto market experienced a $1.15 billion loss in derivatives positions, with $975.93 million of these being long positions. Of that total, approximately $403.82 million came from BTC positions, while $364.98 million r...
Bitcoin News / Bitcoin.com - 10 months ago
On August 5, 2024, ethereum’s price action has been dominated by strong bearish sentiment across multiple timeframes. While short-term consolidation suggests some indecision, the overall market indicators point towards continued downward press...
Bitcoin News / Bitcoin.com - 10 months ago
Bitcoin’s price reached a five-month low, dipping to $49,647 at 2:25 a.m. EDT on Monday, Aug. 5. This decline is fueled by growing concerns about an impending recession, with Japan’s Nikkei experiencing its steepest daily drop since ‘Blac...
Bitcoin News / Bitcoin.com - 10 months ago
Argo Blockchain PLC has today released its July 2024 operational update, reporting the mining of 48 BTC, maintaining an average of 1.5 BTC per day, consistent with June 2024. The company generated $3 million in mining revenue, with a mining margin in...
Bitcoin News / Bitcoin.com - 10 months ago
In his latest social media posts, Tron Founder Justin Sun addressed rumors about the liquidation of their positions, firmly denying any truth to these claims. Sun emphasized that they rarely engage in leveraged trading strategies, as they do not see...