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Bitcoin Is Digital Oil Well Fueling Rural Texas Economic Revival, Mayor Says
8.10.2024
Mayor Ward Roddam of Rockdale, Texas, sees bitcoin mining as the key to his town’s resurgence after the devastating closure of its largest employer, Alcoa. Comparing it to Texas’ oil boom, Roddam highlights how this modern technology is creating jobs, boosting revenue, and funding...
US Supreme Court knocks back case over $4.4B Silk Road Bitcoin
8.10.2024
The top court in the US won’t hear Battle Born Investments’ case claiming it purchased rights to 69,370 Bitcoin seized by the US from the online black market Silk Road
US Supreme Court knocks back case over $4.4B Silk Road Bitcoin
8.10.2024
The top court in the US won’t hear Battle Born Investments’ case claiming it purchased rights to 69,370 Bitcoin seized by the US from the online black market Silk Road
Latam Insights Encore: Bukele Might Orange-Pill Milei on Bitcoin
8.10.2024
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 President Nayib Bukele’s official visit to Argentina, and how this might translate to bitcoin being more prominently incorporated...
Texas town residents sue Marathon Digital over crypto mine noise
8.10.2024
A group of residents in Granbury, Texas, sued Marathon Digital, claiming noise from its nearby Bitcoin mine is a “nuisance” that caused health issues for some locals
Hong Kong’s Crypto Framework Near Completion — 11 Platforms Awaiting Approval
8.10.2024
Hong Kong’s Securities and Futures Commission (SFC) has confirmed that the full regulatory framework for digital assets is set to be completed by next year, according to CEO Liang Fengyi. She also noted that 11 more crypto platforms are in the process of applying for licenses, with the first...
BRICS Unified Currency Deemed Premature by Russian Official
8.10.2024
Russia’s Deputy Foreign Minister has stated that discussions on a single currency for the BRICS economic bloc are premature due to differences in financial regulation among member nations. Instead, the focus remains on enhancing financial sovereignty and exploring national currencies...
Nick Szabo overtakes Len Sassaman as HBO's Satoshi reveal on Polymarket
8.10.2024
Sassaman’s odds tanked after the HBO documentary’s producer said he confronted who he thinks is Satoshi Nakamoto, likely ruling out Sassaman, who passed in 2011
Peter Schiff Predicts Gold Could Soar to $100,000 as US Dollar Weakens
8.10.2024
Economist and gold advocate Peter Schiff noted that if gold could rise from $20 to $2,600 an ounce, it could potentially reach $26,000 or even $100,000. He shared his views on global economic issues, including U.S. dollar weakness, China’s economic resilience, and the impact of U.S. foreign...
JPMorgan Analysts Predict Bitcoin Gains in Q4 as ‘Uptober’ Trend Takes Hold
8.10.2024
JPMorgan analysts are showing optimism as bitcoin exhibits strong upward trends moving into the fourth quarter. They highlighted October’s historically positive returns for the cryptocurrency and suggested this trend could persist. “We continue to see the crypto ecosystem being...
SEC Flags Risks in Crypto and Emerging Tech Investment Scams
8.10.2024
The U.S. Securities and Exchange Commission (SEC) is raising alarms about the growing risks of cryptocurrency scams and other investment fraud during World Investor Week 2024. Amid the rising influence of AI, social media, and aggressive financial marketing, investors are struggling to find...
Revolut prevents $13.5M of ‘potential fraud transactions’ in crypto
8.10.2024
Revolut has been under fire as fraud complaints piled up in 2024, but the company has insisted it saved hundreds of millions in “potential fraudulent transfers.”
4 bold predictions for Bitcoin in the 2024 presidential election
8.10.2024
America is balancing a weakening dollar against an asset with the potential to address many of the financial issues that face a squeezed middle class
Jim Rickards: Gold Might Avoid Crypto Substituting the US Dollar
8.10.2024
Renowned economist Jim Rickards explained that buying gold to back the dollar would restore confidence in the currency, avoiding a long-term decline. He stated that the currency should not be taken for granted, as new forms of money like crypto will step in as old money fails. Jim Rickards:...
BItcoin price faltered at $64K again — Here is why
8.10.2024
Bitcoin struggles to overcome the $64,000 resistance as investors choose to invest in stocks and seek shelter in cash options amid socio-political uncertainty.
Silver Miners Unlikely to Meet Demand Even if Prices Keep Increasing
7.10.2024
The silver market is facing a multi-year deficit product of the extraction dynamics and the increase in the metal’s demand. Even with today’s high prices, silver production is unlikely to increase in the short or medium term given the high extraction costs and the time needed...
MicroStrategy Surges to 6-Month High as Bitcoin Wrestles With Key Moving Average
7.10.2024
NEAR, UNI and APT led crypto gains, while bitcoin (BTC) faded after pushing through $64,000 earlier in the day
AI Cryptos Spike as Broader Market Stays Flat, Sector Nears $30B Milestone
7.10.2024
While the crypto market’s overall capitalization has only ticked up by 0.28% over the past day, reaching $2.19 trillion, the artificial intelligence (AI) crypto economy has made more noticeable gains, climbing 5.4% to hover above the $29 billion mark. AI Crypto Sector Jumps 5.4% to $29B...
National Bank of Bahrain rolls out its first Bitcoin investment fund
7.10.2024
The Bitcoin investment fund is designed for institutional investors and will offer exposure to BTC gains capped at a predefined threshold, with 100% loss protection on the downside
Google Trends Shows Soaring Interest in Satoshi Nakamoto Ahead of HBO’s ‘Money Electric’
7.10.2024
On Wednesday, Oct. 9, 2024, HBO is set to premiere a documentary titled “Money Electric,” which reportedly claims to unveil the identity of Bitcoin’s mysterious creator, Satoshi Nakamoto. Ever since the announcement, the internet has been buzzing with discussions on social media...