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US policy group proposes Bitcoin tax-free zone for digital economy growth
8.8.2024
The USABTC policy group proposes a groundbreaking tax-free Digital Economic Zone (DEZ) for Bitcoin to boost the US economy while securing the dollar's global dominance
US to establish Bitcoin tax-free zone for digital economy growth
8.8.2024
The USABTC policy group proposes a groundbreaking tax-free Digital Economic Zone (DEZ) for Bitcoin to boost the US economy while securing the dollar's global dominance
Japan's Top Regulator Says Crypto-ETF Approvals Need 'Cautious Consideration:' Report
8.8.2024
The boss of Japan's Financial Services Agency (FSA) has said “cautious consideration” needs to be given to the decision of approving crypto-related exchange-traded funds
Mutiny to Cease Operations Amid Technical Challenges in Bitcoin Lightning Wallet Development
8.8.2024
Mutiny Wallet has announced that it will be shutting down its operations by the end of 2024 due to significant technical challenges in Bitcoin Lightning wallet development. The company is exploring alternative products and has decided to wind down the wallet as it becomes increasingly complex...
Metaplanet Arranges Loan to Buy $6.8M of BTC
8.8.2024
The Japanese company announced its plan to adopt bitcoin as a reserve asset to hedge against the volatility of the yen in May
Bitgo Secures Major Payment Institution License in Singapore
8.8.2024
Bitgo, a provider of digital asset solutions, has obtained the Major Payment Institution License from the Monetary Authority of Singapore (MAS). This follows an in-principle approval received several months ago. With this license, Bitgo can now offer regulated digital payment token services...
Goldman Sachs CEO: Fed Unlikely to Cut Rates Before September
8.8.2024
Goldman Sachs CEO David Solomon expects the Federal Reserve to delay any emergency rate cuts until at least September despite weak job data, believing the U.S. economy will avoid a recession. Speaking on “The David Rubenstein Show,” Solomon indicated that while investors had anticipated...
Messari and CryptoRank Research Highlight TRON’s Surging Onchain Activity
8.8.2024
PRESS RELEASE. Geneva, Switzerland – August 8th, 2024 – Messari, a leading provider of digital asset markets intelligence products, and CryptoRank, a leading crypto industry research & analytics platform, have released research reports highlighting the TRON network’s...
Bitcoin speculators sit on 93% unrealized losses after $365M 'wipeout'
8.8.2024
Bitcoin futures liquidations leave market newcomers licking their wounds after a giant BTC price drawdown
Bitcoin speculators sit on 93% unrealized losses after $365M ‘wipeout’
8.8.2024
Bitcoin futures liquidations leave market newcomers licking their wounds after a giant BTC price drawdown
XRP Jumps 17%, Beating Bitcoin Gains, as Ripple-SEC Case Ends
8.8.2024
Trading volumes nearly tripled and open interest on XRP-tracked futures jumped $200 million in the past 24 hours
Bitcoin Faces Risk From 'Maxed Out' U.S. Consumers, Analyst Says
8.8.2024
U.S. consumers are accumulating debt at a slower rate, data released Wednesday showed
Bitstamp and Stripe Collaborate for EU Crypto Onramp
8.8.2024
Crypto exchange Bitstamp is collaborating with Stripe, a financial infrastructure platform, to support Stripe’s fiat-to-crypto onramp across the EU. This collaboration enables EU consumers to easily purchase cryptocurrencies through a customizable widget that developers can embed in apps...
Ethiopia Announces Launch of Forex Auction Sale Days After Birr Float
8.8.2024
The National Bank of Ethiopia (NBE) said it will conduct a special foreign exchange auction on Aug. 7. The Ethiopian central bank envisions similar auctions in the coming weeks, depending on market conditions. The NBE said banks keen on participating must submit their bids on the date of the sale....
Donbet Casino Launches Exciting Mini Games Promotion With up to €600 Bonus
8.8.2024
PRESS RELEASE. Donbet Casino is delighted to introduce its Mini Games Welcome Bonus, designed to enhance the gaming experience for all players. This exclusive promotion offers a 100% bonus up to €600/$600 on the first deposit, allowing players to maximize their enjoyment of Donbet’s diverse range...
Zimbabwe to Unveil De-Dollarization Roadmap, Says Government Official
8.8.2024
The Zimbabwean Cabinet has approved a de-dollarization roadmap outlining “modalities to operationalize the Zig currency as legal tender for use in the economy.” Zimbabwean officials have set early 2026 as the new deadline for making the Zig the country’s sole currency. The central bank...
Bitcoin possibly undervalued as Mayer Multiple hits lowest since FTX collapse
8.8.2024
The popular Bitcoin valuation metric hasn’t been at this level since the downfall of cryptocurrency exchange FTX in November 2022
El Salvador and IMF Advance Talks on Bitcoin Risk Mitigation and Economic Reforms
8.8.2024
The International Monetary Fund (IMF) has reported progress in negotiations with El Salvador on policies to strengthen public finances, boost bank reserves, improve governance, and address bitcoin risks. Although many BTC risks haven’t materialized for El Salvador, the IMF stated that both...
Metaplanet secures 1B yen loan to buy more Bitcoin
8.8.2024
Just two days after revealing plans to raise $70 million via a stock rights offering, ‘Asia’s MicroStrategy’ has taken a $6.8 million loan from one of its shareholders to buy more Bitcoin
Bitcoin whale txs hit highest levels in 4 months amid crypto dip
8.8.2024
Santiment found that wallets holding between 10 and 1,000 BTC “rapidly accumulated” as Bitcoin fell under $50,000 amid “Crypto Black Monday.”