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Pakistan Digital Currency Reforms Set Path for CBDC as Legal Tender
5.11.2024
The Pakistani government has proposed amendments to the State Bank of Pakistan (SBP) Act to recognize central bank digital currencies (CBDCs) as legal tender. These changes would authorize the central bank to issue, regulate, and manage digital currency in both digital and physical forms....
Bitcoin Traders Wary of Price Drop in U.S. Election Week, CME Options Show
5.11.2024
"It looks like bitcoin options traders appear to be hedging their bets to the downside ahead of the U.S. election this week," one observer said, noting pricier puts on the CME
UK Pension Scheme Embraces Bitcoin, Marking a Historic Leap Into Crypto
5.11.2024
A UK pension scheme has allocated 3% of its portfolio to bitcoin, marking a groundbreaking move aimed at diversification and potential long-term growth amid economic challenges. Rethinking Retirement: Bitcoin’s Intriguing New Role in UK Pension Schemes Cartwright, a pension specialist...
‘Calm before the storm’ — Bitcoin volatility stalls ahead of US election
5.11.2024
After notching a three-month high last week, Bitcoin volatility has flattened out as traders await the outcome of the US election with bated breath
US Bitcoin ETFs notch second-largest daily outflow on eve of election
5.11.2024
The 11 US spot Bitcoin ETFs recorded a net outflow of $541.1 million for Nov. 4, their second-largest outflow day in history.
US Dollar’s ‘Death Warrant’? BRICS Power Play Revealed by Russian Officials
5.11.2024
The U.S. dollar has been wielded as a “weapon of oppression,” a Russian official argues, accelerating its decline as the world’s reserve currency as BRICS nations pursue currency alternatives. The US Dollar’s New Fate: Lavrov Claims the End of an Era Has Begun Russian...
Dangerous Explosion Looms: Medvedev Warns of US Dollar’s Inevitable Collapse
5.11.2024
A U.S. dollar collapse would trigger catastrophic global upheaval, warns Dmitry Medvedev, describing a looming “explosion” with grave consequences for the entire world economy. Medvedev Warns of Grave Global Havoc if US Dollar Bubble Bursts Dmitry Medvedev, Deputy Chairman of the Russian Security...
BTC Drops Under $68K as Mt.Gox Sends $2.2B Bitcoin to Two Wallets
5.11.2024
A majority of that stash, or nearly 30,400 BTC, was sent to “1FG2C…Rveoy” and 2,000 BTC was moved to “15gNR…a8Aok” after first being sent to a Mt. Gox cold wallet
$3M Bitcoin Forecast: Vaneck’s Model Sees Central Bank BTC Adoption
5.11.2024
Bitcoin could reach $3 million, according to asset manager Vaneck, with a model showing its potential as a reserve asset held by global central banks. Bitcoin as Central Bank Asset? The $3M Target Driving Big Conversations Matthew Sigel, head of digital assets research at asset management firm...
Semler Scientific ‘laser-focused’ on buying Bitcoin, says CEO
5.11.2024
Medical device firm Semler Scientific has spent $71 million to buy 1,058 Bitcoin, adding another 181 Bitcoin to stash over Q3 and into the start of November
Analysts Double Down on $200K Bitcoin Amid Trump-Harris Election Clash
5.11.2024
Bitcoin’s rise appears unstoppable, with Bernstein projecting a $200,000 target for 2025, undeterred by potential market volatility from the upcoming U.S. election. Bernstein’s $200K Bitcoin Target Faces a Trump-Harris Showdown Analysts at Bernstein, a major global research...
Marathon, Riot record highest monthly BTC production since April halving
5.11.2024
Both firms partly attributed the rise in Bitcoin production to increasing their respective energized hash rates in October
Shocking Exposure: Coinbase Uncovers 20 Shameful Regulator Moves Against Crypto
5.11.2024
Newly surfaced documents reveal over 20 cases where regulators allegedly pressured banks to halt crypto services, raising concerns of a covert crackdown on U.S. crypto firms. 20 Secretive Regulator Moves Targeting Crypto in Operation Chokepoint 2.0 Coinbase’s chief legal officer, Paul Grewal...
Microsoft risks shareholder lawsuit if it ignores Bitcoin and prices rise — NCPPR
5.11.2024
Microsoft has a “fiduciary duty” to do what is in the financial interests of shareholders and knocking back Bitcoin could go against those interests, a policy research center executive explained
Bitcoin Going Higher Irrespective of Election Outcome: Scaramucci’s Insight Goes Beyond 2024
5.11.2024
Bitcoin’s price is set to rise regardless of the 2024 election outcome, says Anthony Scaramucci, though Trump’s deregulation could provide a short-term boost. US Elections, Bitcoin, and Power Moves: Scaramucci’s Predictions Unveiled Anthony Scaramucci, founder of Skybridge...
Bitcoin Poised for Big Moves: What Experts Predict Ahead of the 2024 US Election
4.11.2024
As the 2024 U.S. election draws near, the crypto community is abuzz, eagerly watching to see how bitcoin will respond. Many industry insiders are keen to share their perspectives on what might unfold in this dynamic landscape. Crypto Market Braces for Impact: Trump vs. Harris and Bitcoin’s...
These crypto ETFs are 'call options' on the US elections
4.11.2024
The US presidential race could determine the fate of more than half a dozen proposed crypto ETFs
Standard Chartered’s Crypto Custody Unit Seeks $50 Million
4.11.2024
Standard Chartered’s Zodia Custody is raising $50 million to expand its crypto custody services amidst increasing competition from both traditional finance and crypto-native firms. Institutional Investors Drive Demand for Crypto Custody Standard Chartered’s crypto custody business...
Semler Scientific Added 47 Bitcoin to Holdings, Bringing Stack to 1,058 BTC
4.11.2024
The company released its third quarter results Monday afternoon
UK-based pension scheme makes 3% Bitcoin allocation
4.11.2024
Cartwright reported that an “unnamed scheme” based in the UK had made a 3% allocation of Bitcoin into its pension fund