Bitcoin News / Bitcoin.com - 11 months ago
Welcome to Latam Insights, a compendium of Latin America’s most relevant crypto and economic news during the last week. In this issue: The U.S. Department of State states bitcoin helped drive tourists to El Salvador, Paraguay dismisses concerns...
Bitcoin News / Bitcoin.com - 11 months ago
Vivek Ramaswamy, a former presidential candidate, has predicted that former U.S. President Donald Trump will gain support from pro-bitcoin and pro-crypto voters while Vice President Kamala Harris will “scramble to come up with some phony ‘digit...
Bitcoin News / Bitcoin.com - 11 months ago
Asset management firm Vaneck released a report projecting bitcoin could reach $2.9 million per coin by 2050, becoming a global medium of exchange and reserve currency. The report suggests bitcoin could settle 10% of global international trade and 5%...
Bitcoin News / Bitcoin.com - 11 months ago
Ripple CEO Brad Garlinghouse has criticized Congressman Brad Sherman’s anti-crypto comments, urging Vice President Kamala Harris to distance herself from such views. The Ripple executive warned that opposing cryptocurrencies is equivalent to op...
Bitcoin News / Bitcoin.com - 11 months ago
Gemini co-founder Tyler Winklevoss has urged the crypto industry to demand to know who the next U.S. Securities and Exchange Commission (SEC) chair will be before the election. He also urged crypto supporters to “demand that both parties embrac...
Bitcoin News / Bitcoin.com - 11 months ago
The SEC has approved NYSE Arca’s proposal to list and trade shares of the Grayscale Bitcoin Mini Trust. Grayscale’s new trust will feature competitive fees. “This approval order is based on all of the exchanges’ repres...
Bitcoin News / Bitcoin.com - 11 months ago
Ron Paul, former U.S. congressman and well-known advocate for liberty, shared his thoughts on bitcoin and monetary policy during an interview with Bitcoin Magazine editor Pete Rizzo. Paul emphasized the importance of liberty and sound money principle...
Bitcoin News / Bitcoin.com - 11 months ago
On July 28, 2024, bitcoin was trading at $67,872 per coin when a dormant bitcoin address created in 2017 transferred 121.63 BTC, now valued at $8.25 million, after more than seven years. Dormant Bitcoin Address Transfers $8.25M This Sunday, at block...
Bitcoin News / Bitcoin.com - 11 months ago
At the Bitcoin 2024 conference in Nashville, the Chinese bitcoin application-specific integrated circuit (ASIC) manufacturer Microbt introduced its new line of M6XS+ miners. These miners offer a hashrate ranging from 190 terahash per second (TH/s) to...
Bitcoin News / Bitcoin.com - 11 months ago
Indian cryptocurrency exchange Wazirx has answered important questions from its users about the recent cyberattack. The platform explained its socialized loss strategy and the options users have to recover their assets. Additionally, users inquired a...
Bitcoin News / Bitcoin.com - 11 months ago
At the Bitcoin 2024 conference, Republican U.S. Senator for Wyoming, Cynthia Lummis, introduced the “Bitcoin Strategic Reserve Bill” aimed at establishing a strong bitcoin reserve to mitigate the national debt and strengthen the...
Bitcoin News / Bitcoin.com - 11 months ago
According to recent data, bitcoin’s total hashrate achieved a record high this week, based on the seven-day simple moving average (SMA). On July 25, the hashrate, measured by the seven-day SMA, reached 677 exahash per second (EH/s), surpassing the 65...
Bitcoin News / Bitcoin.com - 11 months ago
Bitcoin prices have rebounded strongly, providing relief to short-term holders and leading to increased activity in perpetual futures markets, according to a report by onchain analytics firm Glassnode. The report highlights significant developments i...
Bitcoin News / Bitcoin.com - 11 months ago
Robert Kiyosaki forecasts significant rises in asset prices, including gold, silver, and bitcoin by August 2025 if Donald Trump is re-elected. The U.S. SEC has approved spot ethereum ETFs, with Blackrock’s Ishares ethereum Trust ETF launching...
Bitcoin News / Bitcoin.com - 11 months ago
Mythical Games’ VP of Blockchain Tech, Cameron Thacker, said he believes the current interest in blockchain gaming is more sustainable than the last cycle. He attributes this to a shift in focus, with projects now prioritizing “engaging e...
Bitcoin News / Bitcoin.com - 11 months ago
Scottie Pippen, a former Chicago Bulls’ small forward, 6-time NBA champion, and 2-time Olympic Gold medalist, has announced the tokenization initiative for a historic ball. Pippen alleges that he had saved the ball that started the Chicago Bull...
Bitcoin News / Bitcoin.com - 11 months ago
A federal court has ordered Abner Alejandro Tinoco and his company, Kikit & Mess Investments LLC, to pay over $31 million for forex and cryptocurrency fraud. The order includes $6.2 million in restitution, $6.3 million in disgorgement, and an $18...
Bitcoin News / Bitcoin.com - 11 months ago
According to Josh Neuroth, the Vice President of Product at Quicknode, Layer-2 (L2) scaling solutions known as zero-knowledge (ZK) rollups can potentially solve the most pressing issues in blockchain technology. Hence, the buzz around them is “...
Bitcoin News / Bitcoin.com - 11 months ago
The Swiss regulator, the Financial Market Supervisory Authority (FINMA), recently published guidance on the issuance of stablecoins. The regulator says stablecoins are not only associated with money laundering risks but pose reputational risks for th...
Bitcoin News / Bitcoin.com - 11 months ago
Worldcoin, the biometric, iris-based ID and universal basic income (UBI) project, has been sanctioned with fines for over $200,000 in the Buenos Aires province. The fines answer to several violations of the National Consumer Defense Law, such as the...
Bitcoin News / Bitcoin.com - 11 months ago
Alexander Babakov, Deputy Chairman of the Russian State Duma, highlighted the need to create a BRICS equivalent to the SWIFT messaging system, which routes payments alongside the current banking infrastructure. Babakov emphasized that this new system...
Bitcoin News / Bitcoin.com - 11 months ago
Senator Tim Scott highlighted bitcoin’s potential to democratize finance and improve financial inclusion at the Bitcoin 2024 Conference. He criticized the Biden administration’s approach to digital assets and endorsed efforts to overturn...
Bitcoin News / Bitcoin.com - 11 months ago
U.S. Treasury Secretary Janet Yellen has denied claims by economist Nouriel Roubini and former Trump administration official Stephen Miran that the Treasury manipulated the issuance of securities to lower real borrowing costs. Yellen assured in a Blo...
Bitcoin News / Bitcoin.com - 11 months ago
The last 12 months have been a game-changer for digital assets. In January, more than a decade after Gemini co-founders Cameron and Tyler Winklevoss filed their initial application, the first spot Bitcoin was approved for trading in the United States...
Bitcoin News / Bitcoin.com - 11 months ago
On Saturday, July 27, 2024, the 45th president of the United States spoke to a massive crowd at the Bitcoin 2024 conference in Nashville. The event began with David Bailey, CEO of Bitcoin Magazine, presenting Trump with a 2013 Casascius physical bitc...
