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El Dorado CEO: Venezuela Highlights Stablecoins’ Use Case as a ‘Tool for Resilience’
24.10.2024
Guillermo Goncalvez, founder and CEO of El Dorado, a Latam-focused P2P exchange, has reflected on the rise of stablecoins from a niche product to a widely used tool in Venezuela. Goncalvez states that, as Venezuelans shift to using the dollar due to devaluation, stablecoin remittances have soared...
Gold Rally Needs to Pause for Bitcoin Price to Break All-Time High, Data Suggests
24.10.2024
In the past seven days, over 1 million ounces have gone into gold ETFs, the biggest inflow since October 2022
Bitcoin Capital Gains Tax Set to Rise to 42% in Italy’s 2025 Budget
24.10.2024
In a move that has shaken the crypto community, Italy’s 2025 Budget Law proposes a massive increase in…
X Empire’s TGE and Airdrop Goes Live Today on Bybit
24.10.2024
X Empire, a popular tap-to-earn game which operates on popular messaging platform Telegram, goes live today, October 24,…
Attention SHIB Holders, Double Rewards in $PHIL for ShibArmy
24.10.2024
ShibArmy is “in for a treat” per the official announcement because members have the chance to claim double…
Bitcoin Trader Warns of Correction as BTC Dominance Reaches 2021 Levels; Solana Leads Market Gains
24.10.2024
Dominance refers to the ratio between the market capitalization of BTC to the total market capitalization of all cryptocurrencies combined and is often used as a gauge for market sentiment. PLUS: Some Solana tokens are up as much as 70%
Norway’s Central Bank on CBDC Progress: We’re Not Falling Behind
24.10.2024
Norway’s central bank is on track to decide by 2025 whether to adopt a central bank digital currency (CBDC), but officials stress there’s no urgency. Despite Norway’s cashless society, with only 2% using cash, the bank is carefully studying both retail and wholesale CBDC options, emphasizing...
Michael Saylor Charts a Humanitarian Plan of Donating BTC After Criticism
24.10.2024
Michael Saylor, Founder of MicroStrategy, has drafted a plan to donate Bitcoin token holdings for humanitarian causes. This…
Solana Hits $173, Surpassed Ethereum with 4.5M Daily Transactions Fees
24.10.2024
Thanks to the memecoin community, the blockchain Solana outranked Ethereum with daily transaction fees reaching $4.5 Million and…
Bitcoin must hold this 2021 level as traders see BTC price dip 'over'
24.10.2024
Bitcoin rebounds from ten-day lows, but two BTC price points now form a new line in the sand for bulls.
Institution Takes $25M Hedge Bet on Derive's Bitcoin Options Market as U.S. Election Looms
24.10.2024
The institution set up a multi-legged strategy in Derive's onchain options market, generating $25 million in volume
Iran Warns BRICS of ‘Big Threat’ From Western Payment Systems, Vows to End Dependence
24.10.2024
Iran has called for BRICS nations to reduce their reliance on Western financial systems, warning of the risks posed by such dependence. Addressing the BRICS summit in Russia, Iran’s president urged the bloc to explore alternative structures and strengthen institutions like the New Development Bank...
Free Market Capitalism vs. Crony Capitalism: Unveiling the Key Differences
24.10.2024
Capitalism, in its purest form, is often misunderstood, mainly due to the presence of government intervention in today’s economies. The free market, which thrives on voluntary exchanges and limited government interference, is frequently mistaken for “crony capitalism.” This latter...
Crypto bulls cop second-biggest liquidation day in October
24.10.2024
Traders who bet the crypto market would keep rising have suffered a the second largest day of liquidations this month as Bitcoin and Ether both slid on the day
Bitcoin Retakes $67K, Dollar Index Rally Stalls as Beige Book Supports Fed Rate Cuts
24.10.2024
The rally in the DXY stalled after the Beige Book report, paving the way for BTC recovery
Russia Pushes for New Precious Metals Platform to Reshape BRICS Trade
24.10.2024
Russia pushed for the creation of a BRICS platform to trade precious metals and diamonds at the BRICS Summit, criticizing excessive global trade regulations. President Vladimir Putin emphasized the need to bypass barriers that stifle the market. The summit also backed a BRICS Grain Exchange...
Trump election victory could push Bitcoin to $92K, says Bitwise exec
24.10.2024
Jeff Park says “merger arb-style probability math” could mean Bitcoin rallies to $92,000 following a Trump victory.
Uncharted Territory: Bitcoin’s Mining Difficulty Reaches New Extremes
24.10.2024
Bitcoin’s difficulty has soared once again at block height 866,880, reaching a record-breaking 95.67 trillion. Meanwhile, the network’s computational power is keeping pace, operating at a blazing 729.13 exahash per second (EH/s) at the time of reporting. In the coming days...
Global Finance Faces a Shift as Mbridge Digital Currency Platform Challenges US Dollar
24.10.2024
The People’s Bank of China emphasized the Mbridge platform’s role in improving cross-border payments through the use of central bank digital currencies (CBDCs), aiming to reduce inefficiencies and avoid new barriers. The platform, which targets underserved regions like ASEAN, could reshape...
Bitcoin bull Michael Saylor reverses remarks on self-custody after backlash
24.10.2024
“I support self-custody for those willing and able,” said Saylor in a new post after encouraging "big bank" custody in an interview earlier this week.