Bitcoin News / Bitcoin.com - 8 months ago
Russian President Vladimir Putin criticized U.S. sanctions, noting that they are driving global economies away from the U.S. dollar and leading to a gradual decline in its use for international trade and reserves. He highlighted that Russia now condu...
Bitcoin News / Bitcoin.com - 8 months ago
Tesla and Spacex CEO Elon Musk addressed XRP and cryptocurrency during a town hall in Pittsburgh, acknowledging crypto’s potential amid regulatory scrutiny. Musk emphasized that cryptocurrency plays a crucial role in promoting individual freed...
Bitcoin News / Bitcoin.com - 8 months ago
Nearly 40 countries will participate in the BRICS Plus/Outreach session, expanding the reach of the 2024 BRICS Summit hosted by Russia. The summit will address cooperation in politics, security, and economics. A central focus will be the expansion of...
Bitcoin News / Bitcoin.com - 8 months ago
Ripple’s chief legal officer has highlighted two potential outcomes for the U.S. Securities and Exchange Commission (SEC)’s appeal in the Ripple lawsuit over XRP. He explained the SEC’s best-case scenario and noted that Ripple&#x...
Bitcoin News / Bitcoin.com - 8 months ago
A new JPMorgan report warns that carry trades are losing effectiveness as global interest rates decline, urging investors to be more selective with currency risks. The Japanese yen has lost appeal after unexpected rate hikes, while the Swiss franc ca...
Bitcoin News / Bitcoin.com - 8 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 the recent movements by Brazil to further push de-dollarization within BRICS and how this mi...
Bitcoin News / Bitcoin.com - 8 months ago
Bitriver, a Russian data mining company, has partnered with the Russian Direct Investment Fund (RDIF) to expand data center infrastructure and AI projects across BRICS countries. The goal is to boost Russia’s presence in AI and cryptocurrency m...
Bitcoin News / Bitcoin.com - 8 months ago
Porter Stansberry, financial editor and founder of Marketwise, believes that the rise of silver, which is experiencing a bull market, has deeper causes than just the increase in tech-related demand. He links the increase in the prices of this commodi...
Bitcoin News / Bitcoin.com - 8 months ago
Ionic Digital has revived its plans for an initial public offering (IPO) following the appointment of BDO USA as its new auditor. The company, which is primarily involved in bitcoin (BTC) mining, also revealed that it holds 2,102.29 BTC, valued at $1...
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...
