Bitcoin News / Bitcoin.com - 2 years ago
Brazilian President Luiz Inacio Lula da Silva stated Brazil will serve as a facilitator to try and arrange BRICS bloc assistance for Argentina. Lula stated that the New Development Bank — the BRICS bank — could modify some of its rules to aid Argenti...
Bitcoin News / Bitcoin.com - 2 years ago
The European Central Bank (ECB) raised its key interest rates by 25 basis points, slowing the pace from previous increases. However, as inflation in the euro area remains persistently high, future rate hikes may still be expected with the regulator i...
Bitcoin News / Bitcoin.com - 2 years ago
Iranian President Ebrahim Raisi has condemned the current unipolar world order, emphasizing that Iran plans to join the BRICS group to help create a multipolar world. “Iran wants to have constructive relations with all states on the basis of common i...
Bitcoin News / Bitcoin.com - 2 years ago
El Salvador’s president, Nayib Bukele, has enacted a law that eliminates all taxes on technology innovations, software and app programming, AI, computer, and communications hardware manufacturing. The law is expected to boost the countryȁ...
Bitcoin News / Bitcoin.com - 2 years ago
A growing number of malware creators are now taking advantage of the significant interest in Chatgpt to lure victims, Facebook owner Meta has noticed. According to its head of information security, the AI-based chatbot is “the new crypto” for bad act...
Bitcoin News / Bitcoin.com - 2 years ago
As the United States stares down the barrel of a potential debt default come June, a curious and intriguing solution has emerged: crafting a single $1 trillion platinum coin. This unusual tactic exploits a legal loophole that allows the Treasury Depa...
Bitcoin News / Bitcoin.com - 2 years ago
Bitcoin’s network has been putting miners through the wringer lately, with five straight difficulty increases that had them on edge. However, on May 4, 2023, at block height 788,256, the network difficulty level took a dip, dropping by 1.45% an...
Bitcoin News / Bitcoin.com - 2 years ago
In the wake of Florida Governor Ron DeSantis’ remarks in Jacksonville on Tuesday, both the Florida House of Representatives and Senate have approved the state’s anti-central bank digital currency (CBDC) legislation, dubbed SB 7054. The bi...
Bitcoin News / Bitcoin.com - 2 years ago
2023 has been a rollercoaster ride for the U.S. banking industry. The collapse of three major banks has sent shockwaves through the financial world, with their combined assets surpassing the top 25 banks that crumbled in 2008. The following is a clos...
Bitcoin News / Bitcoin.com - 2 years ago
Russia will start to purchase Chinese yuan for its international reserves as soon as this month, according to reports from Russian economists. While analysts state that the purchases will be small and symbolic in the beginning, these will supposedly...
Bitcoin News / Bitcoin.com - 2 years ago
International Monetary Fund (IMF) Managing Director Kristalina Georgieva expects “more vulnerabilities” in the U.S. banking sector amid a growing de-dollarization trend worldwide. “There has been a gradual shift away from the dollar...
Bitcoin News / Bitcoin.com - 2 years ago
PRESS RELEASE. P2E projects have reached a dead-end due to the inherent issues of the model. Token Prices and user bases are plummeting and revenue streams of such projects are no longer functioning. So, is this it for the P2E, and is there a way out...
Bitcoin News / Bitcoin.com - 2 years ago
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Bitcoin News / Bitcoin.com - 2 years ago
Former Chief Technology Officer at Coinbase, Balaji Srinivasan, closed out early a bet that the price of bitcoin would hit $1 million by mid-June amid hyperinflation of the U.S. dollar. Srinivasan paid a total of $1.5 million, more than the initially...
Bitcoin News / Bitcoin.com - 2 years ago
U.S. Presidential Candidate Robert F. Kennedy Jr. has warned that “the banking collapse is the tip of an economic mega-crisis,” emphasizing that “It’s not just the banks.” He also slammed President Joe Biden’s crypto mining tax proposal. “It is a mis...
Bitcoin News / Bitcoin.com - 2 years ago
Following a quarter-point increase in the federal funds rate by the Federal Reserve on Wednesday, precious metals such as silver and gold experienced a surge in value against the U.S. dollar, with gains ranging from 0.87% to 1.18%. Gold, in particula...
Bitcoin News / Bitcoin.com - 2 years ago
The Nasdaq-listed cryptocurrency exchange Coinbase has been accused of “wrongfully” profiting from its users’ facial and fingerprint scans. “Coinbase collects, stores, possesses, otherwise obtains, uses, and disseminates its users’ biometric da...
Bitcoin News / Bitcoin.com - 2 years ago
On May 2, 2023, the Biden administration unveiled a blog post outlining the Digital Asset Mining Energy (DAME) tax, featured in the president’s comprehensive 182-page budget proposal for the fiscal year 2024. The DAME tax targets “making...
Bitcoin News / Bitcoin.com - 2 years ago
The U.S. Federal Reserve, in conjunction with the Federal Open Market Committee (FOMC), announced on Wednesday that the central bank would raise the federal funds rate by 25 basis points (bps), as was widely expected by the market. This marks the ten...
Bitcoin News / Bitcoin.com - 2 years ago
As of May 3, 2023, the Bitcoin blockchain has witnessed a staggering 3.35 million Ordinal inscriptions, and a new experimental token standard known as “Bitcoin Request for Comment,” or BRC20, has garnered substantial attention i...
Bitcoin News / Bitcoin.com - 2 years ago
PRESS RELEASE. Do you hear the distant roar of numerous stadiums? Are you ready for the next sport challenge? Do you want to resonate with the vibe of the game? If the answer is positive, players should try on a dynamic and explosive platform that ho...
Bitcoin News / Bitcoin.com - 2 years ago
Polygon climbed higher in today’s session, as cryptocurrency markets marginally rebounded on Wednesday. The global crypto market cap was up by nearly 1% earlier in the day, as Tuesday’s losses eased. Solana, on the other hand, remained lower, as it f...
Bitcoin News / Bitcoin.com - 2 years ago
PRESS RELEASE. AX1 company recently conducted research on the Trust Wallet, a popular cryptocurrency wallet that has gained a significant following in recent years. The research aimed to understand the level of security and trustworthiness of the wal...
Bitcoin News / Bitcoin.com - 2 years ago
On May 2, 2023, Europol announced a collaborative effort between law enforcement agencies from the U.S., Europe, the U.K., and Brazil culminated in 288 arrests, along with the confiscation of 850 kg of illegal drugs, 117 firearms, and $53.4 million i...
Bitcoin News / Bitcoin.com - 2 years ago
Bitcoin rebounded from Tuesday’s losses, as all focus in the market turned to today’s United States Federal Reserve rate decision. It is widely expected that the Fed will hike rates by 25 basis points in May’s meeting. Ethereum a...
