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Governments must tax or ban Bitcoin to maintain deficits: Minneapolis Fed
21.10.2024
The Federal Reserve Bank of Minneapolis suggests that a ban or tax on Bitcoin could ensure its ability to run permanent budget deficits
Putin Discusses BRICS Currency and Swift Alternative
21.10.2024
Russian President Vladimir Putin has emphasized the need for independent financial systems within BRICS, focusing on developing an alternative to Swift. He addressed the idea of a shared BRICS currency but urged caution, noting that it’s not yet fully developed. His remarks hinted at careful...
Bitcoin Gets Yet Another Bullish Signal as Prices Near $70K
21.10.2024
A widely-tracked momentum indicator has flipped positive for the first time since April
How Bitcoin’s Success Could Be Fueling Poverty for Latecomers and Non-Holders, ECB Economists Claim
21.10.2024
Bitcoin’s rise is enriching early adopters at the expense of society, according to a paper by European Central Bank (ECB) economists. They argued that bitcoin’s speculative growth leads to wealth redistribution, where early investors gain while non-holders and latecomers are left...
Russia Pushes Digital Currency Plan for BRICS — Is This the End of Western Financial Dominance?
21.10.2024
Russian President Vladimir Putin has unveiled a plan to introduce digital currencies as a key tool for investment for the BRICS alliance. This proposal aims to boost economic growth in developing nations, with a focus on minimizing inflationary risks. By involving BRICS members and other developing...
UBS Predicts ‘No Landing’ for US Economy — What It Means for Markets and Inflation
21.10.2024
Global investment bank UBS is forecasting a “no landing” scenario for the U.S. economy, where growth continues and inflation remains stable, defying predictions of recession. With stronger-than-expected jobs data and GDP growth, UBS expects election-driven market volatility but sees...
BTC Hits $69K Amid Big Market Moves: Here’s How Markets Are Moving
21.10.2024
On Sunday, bitcoin (BTC) climbed past $69,000, hitting an intraday peak of $69,363 per coin. Over the past week, BTC gained 9.3%, expanded 63% since the start of the year, and increased by 132% over the last 12 months. The global trading volume across the crypto economy sits at $71.30 billion, with...
Russia Vows to Launch Domestic Payment System to Render Western Sanctions Obsolete
21.10.2024
Russia is determined to create a domestic payment system to conduct trade and international transactions free from current disruptions. Mikhail Mishustin, Prime Minister of Russia, stated that this will be a joint effort by many institutions to achieve a principles-based system instead of...
Stripe Acquires Stablecoin Platform Bridge in Record $1.1 Billion Crypto Deal
20.10.2024
Payments company Stripe has acquired stablecoin platform Bridge in a $1.1 billion transaction, marking the largest acquisition in the crypto industry to date. Techcrunch founder Michael Arrington confirmed the news through a post on X, emphasizing the significance of this milestone deal....
Crypto founders should stop chasing narratives and start creating them
20.10.2024
Founders and entrepreneurs need to stick to their guns if they want to make a difference in the industry
Farm, Craft, and Thrive in My Neighbor Alice
20.10.2024
Follow Regina in her journey down the rabbit hole that is My Neighbor Alice. Will she find a wonderful land, or will it be a bore? Read on to find out. Last episode’s quick recap I’m still riding the hype—Spider Tanks is an epic Web3 game! Its fast-paced, tactical gameplay...
Bitcoin ETF Holdings Push Steadily Toward the 1 Million BTC Threshold
20.10.2024
Following Friday’s spot bitcoin exchange-traded fund (ETF) activity, the numbers reveal that the 12 ETFs are on the brink of reaching the impressive milestone of 1 million bitcoins. As of this weekend, the funds are just shy of 42,000 BTC from hitting that target. Massive Bitcoin Inflows...
Bitcoin price rally above $70K could supercharge ETH, SOL, DOGE and SHIB
20.10.2024
Bitcoin’s bullish weekend price action could be a sneak peek of what’s to come this week. Will ETH, SOL, DOGE, and SHIB follow?
Crypto Market’s Unexpected Q4 Developments Revealed in New Institutional Report
20.10.2024
According to a recent joint report by Glassnode and Coinbase Institutional, the fourth quarter of 2024 is marked by an evolving landscape in the crypto markets. Researchers from both entities underscore the significance of these developments, driven by key metrics and trends shaping the broader...
From Giga Chad to Turbo: The 10 Meme Coins Dominating 2024’s Crypto Charts
20.10.2024
Since Jan. 1, bitcoin has climbed over 62% in the last 293 days. Throughout 2024, meme coins have managed to grab the spotlight in terms of market performance, with one clear leader: giga chad (GIGA). This digital asset surged an astonishing 123,929.02% against the dollar since the year kicked off....
Trump vs. Harris: Why Bitcoin Traders Are Bracing for a God Candle Event
20.10.2024
With just 16 days remaining until the U.S. election, bitcoin is now sitting at its highest price since the end of July. Many speculators are confident that a Trump victory would send bitcoin climbing to new peaks, a theory gaining traction among major financial institutions. While some believe...
Elon Musk Launches $1M Daily Giveaway Campaign — And Explains Why It’s So Important
20.10.2024
Tesla and Spacex CEO Elon Musk has launched a $1 million daily giveaway campaign, encouraging swing-state residents to sign a petition in battleground states. The billionaire gave the first $1 million to one man at a rally as he highlighted concerns about the country’s future and the urgent need...
Bitcoin price analysis sees rematch with 2021 record high vs. S&P 500
20.10.2024
Bitcoin getting even against US stocks is a distinct possibility as a "highly effective" BTC price tool repeats a classic breakout signal
Polymarket Election Buzz: Why Trump’s Lead Is Stirring Skeptics and Memes Alike
20.10.2024
Following former President Donald Trump gaining a dominant lead in his odds against Vice President Kamala Harris for the 2024 election, as tracked by Polymarket bettors, a group of skeptics suspects the odds are being skewed by large-scale gamblers, often called “whales.” On the flip side, others...
$556M in spot Bitcoin ETF inflows signals major shift in investor sentiment
20.10.2024
Bitcoin ETFs see record daily inflows as institutional investors drive adoption and BTC’s ongoing price surge