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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.
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.
Number of Bitcoin Whales Jumps to Highest Since January 2021
24.10.2024
Whale Entities are clusters of crypto wallet addresses held by a single network participant holding least 1,000 BTC
Senator Claims BRICS Push to Ditch US Dollar Could Boost USD Global Dominance
24.10.2024
U.S. Senator Bill Hagerty has warned of growing efforts by BRICS nations to bypass the U.S. dollar’s dominance but argued this could ultimately strengthen the status of the dollar as the world’s reserve currency. He emphasized the need for a regulatory framework to boost demand for U.S. treasuries...
Brazil Calls for Unified BRICS Financial System, Challenging Western Hegemony
24.10.2024
Brazilian President Luiz Inacio Lula da Silva has urged the creation of a unified financial system among BRICS nations. He emphasized the need for alternative monetary relations. Egyptian President Abdel Fattah el-Sisi echoed this sentiment, advocating for financial settlements in national...
New Privacy Bill Aims to End Government’s Grip on Americans’ Financial Data
24.10.2024
The Saving Privacy Act, aimed at curbing federal surveillance of Americans’ financial data, is gaining momentum. Backers argue the government has overreached, violating privacy rights without effectively targeting criminals. Provisions include repealing key financial reporting laws...
Tesla Holds Bitcoin Steady After BTC Wallet Transfers Spark Speculation
24.10.2024
Tesla has reported stable bitcoin holdings for Q3 2024, despite transferring its 11,509 BTC to new wallets. The move, which sparked speculation but did not signal a sale, suggests routine security measures. Tesla posted $25.2 billion in revenue and $2.7 billion in profits, driven by record vehicle...
Vietnam Unveils Ambitious Strategy to Become Regional Blockchain Hub
24.10.2024
The Vietnamese government has unveiled a strategy to make Vietnam a leader in blockchain technology in Southeast Asia. The strategy includes building blockchain brands, establishing testing centers, and developing human resources. The government aims to achieve these goals through a five-step...
Tesla Continues HODLing $765M Bitcoin in Strong Q3, Stock Climbs 12%
24.10.2024
Tesla has reaffirmed that its Bitcoin reserves are secure, dispelling rumors that emerged following recent wallet transfers. As…
Tesla reveals it didn’t sell any Bitcoin holdings in Q3
23.10.2024
According to Tesla's Q3 financial filings, the company's automotive sales declined slightly since Q2 2024, while leases increased slightly
Tesla reveals it didn’t sell any Bitcoin holdings in Q3
23.10.2024
According to Tesla's Q3 financial filings, the company's automotive sales declined slightly since Q2 2024, while leases increased slightly
Self-Custody vs. Custodial Bitcoin: A Lesson From FDR ‘Forbidding the Hoarding of Gold’
23.10.2024
Michael Saylor, the founder of Microstrategy, recently downplayed concerns about bitcoin confiscations, calling them a “myth.” He referenced Executive Order 6102, which compelled U.S. citizens to surrender their gold, to support his stance. However, historical evidence paints...
US Lawmaker Unveils Bold Outline for Trump’s Bitcoin Strategic Reserve
23.10.2024
Today, U.S. Representative French Hill, Chairman of the House Financial Services Subcommittee on Digital Assets, Financial Technology, and…
Ledn’s Lending Leap: Record $1.67 Billion in Loans Signals Institutional Confidence in Digital Assets
23.10.2024
Ledn, a crypto lending platform, has announced $1.67 billion in loans processed year-to-date (YTD) as of Q3 2024, marking a milestone since its inception in 2018. This total includes $258.7 million in retail loans and $1.41 billion in institutional loans, with Q3 alone accounting for over $506...
Say Goodbye to External Bridges: Uniswap’s Newest Feature Is Here
23.10.2024
Uniswap Labs has rolled out permissionless bridging, giving users the ability to transfer assets across nine blockchain networks directly through the Uniswap interface and wallet. This new feature aims to streamline cross-chain transfers, removing the need for third-party bridges. Uniswap...
Bitcoin Slides to $66K, Ether Dives 5% in Market-Wide Selloff
23.10.2024
Cryptocurrencies weren't spared as stocks, bonds, gold and oil all declined on Wednesday