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Belgium Moves to Accelerate EU Blockchain Infrastructure Project


Source: Pixabay The Belgian government has unveiled plans to accelerate the development of a blockchain infrastructure project in Europe during its Council of the European Union presidency in early 2024. Belgium to focus on a public sector European #blockchain during its EU presidency The country...

Accelerate your crypto investment journey with eTukTuk presale


eTukTuk is a groundbreaking Blockchain-driven initiative to transform transportation, starting with developing nations and expanding globally. This AI-powered, eco-friendly system is redefining how people move and revolutionizing how we charge electric vehicles (EVs) using Blockchain technology....

Study Shows Bitcoin Mining Could Accelerate Transition to Renewable Energy


A new study suggests bitcoin mining could actually help drive the transition to renewable energy sources. Researchers Juan Ignacio Ibañez and Alexander Freier make the case that Bitcoin miners’ demand for cheap electricity provides incentives for increased renewable energy production....

Payments Giant Paypal Launches Dollar-Backed Stablecoin PYUSD


Paypal has introduced its own stablecoin, representing the first venture of its kind by a leading financial firm. Initially reported by Bloomberg, the launch could notably accelerate the slow integration of cryptocurrencies for payment purposes. A New Era for Paypal: Introduction of PYUSD...

Economist Expects US Rating Downgrade to Accelerate De-Dollarization Process


Economists have warned about the adverse impact of Fitch’s U.S. rating downgrade on the dollar. One expects the downgrade to “accelerate” the process of de-dollarization globally. Another stated that it may be “a part of the gradual decline of the U.S. dollar system.”...

Bitcoin Exodus: Over 855,000 BTC Withdrawn From Exchanges Since July 2020


According to current data, about 2,086,034 bitcoins were held on exchanges as of July 11, 2023. This figure is 154,160 bitcoins less than the number held on centralized trading platforms 72 days earlier, on April 30. The number of bitcoins on exchanges has significantly dropped since July 31, 2020...

Elon Musk Shares ‘Massive Incentive to Move Money out of Bank Accounts’


Tesla and Twitter CEO Elon Musk has shared a “massive incentive” to move money out of bank accounts, citing a significant interest rate gap created by the U.S. Treasury and the Federal Reserve. “As more people & companies realize this, bank depositor flight will accelerate...

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