Bitcoin News / Bitcoin.com - 2 years ago
While over half of Russians are willing to put some money into their nation’s digital ruble, only 2% say they would keep all their savings in it. Insufficient information and fear of system failures are among the biggest factors turning people away f...
Bitcoin News / Bitcoin.com - 2 years ago
The six countries that received an invitation to become members of BRICS at its summit have confirmed their decision to join the bloc, one of Russia’s top diplomats unveiled. The high-ranking official added that at this point in time it would be prem...
Bitcoin News / Bitcoin.com - 2 years ago
India’s oil and gas minister says de-dollarization is a long way away. The official emphasized his desire to conduct all transactions in rupees, expressing his wish for the Indian currency to become “the lead currency in the world.” Indian Official o...
Bitcoin News / Bitcoin.com - 2 years ago
The U.S. dollar’s dominance in global payments has strengthened, according to data compiled by global financial messaging service SWIFT. The share of SWIFT FX transactions involving the U.S. dollar rose to a record 46% in July. In addition, the share...
Bitcoin News / Bitcoin.com - 2 years ago
Economist Peter Schiff has warned about an impending “full-blown financial crisis” that he expects to hit the U.S. economy before the Federal Reserve reaches its inflation target. He further predicted that the financial crisis will force the Fed to r...
Bitcoin News / Bitcoin.com - 2 years ago
Rich Dad Poor Dad author Robert Kiyosaki has outlined the reasons why investors should consider purchasing silver. He emphasized that despite the affordability of silver coins, most people still prefer to “save counterfeit fake dollars.”...
Bitcoin News / Bitcoin.com - 2 years ago
One of the founders of the Tornado Cash crypto mixer, Roman Storm, has been released on bail, his lawyer announced on social media. Storm, who was arrested in the United States, has been charged with money laundering and sanctions violations through...
Bitcoin News / Bitcoin.com - 2 years ago
In recent developments, Electricite du Laos (EDL) announced on August 24 that the power company shut down cryptocurrency mining activities. This decision came after this summer’s unprecedented heat surge escalated electricity demands. Furthermo...
Bitcoin News / Bitcoin.com - 2 years ago
In the unfolding saga of the Celsius bankruptcy case, a proposal was presented to elevate the defunct crypto enterprise’s native token, CEL, to a valuation of $0.80 each. Yet, the overseeing U.S. bankruptcy judge, Martin Glenn, dismissed this...
Bitcoin News / Bitcoin.com - 2 years ago
In a revealing report published on August 24, 2023, a significant oversight by the Drug Enforcement Agency (DEA) was brought to light. In their endeavor to manage assets confiscated from a nefarious enterprise, the DEA mistakenly funneled funds to an...
Bitcoin News / Bitcoin.com - 2 years ago
In less than a month, despite a downturn in cryptocurrency markets, over 680,000 ethereum (ETH) has been added to liquid staking derivatives protocols. Lido Finance, the leading liquid staking platform, experienced a supply increase of 5.94%, surging...
Bitcoin News / Bitcoin.com - 2 years ago
Shiba inu was one of Saturday’s notable gainers, as price rebounded from recent lows to start the weekend. Today’s rebound comes as the global crypto market cap moved into the green earlier in the session. XRP was also higher on Saturda...
Bitcoin News / Bitcoin.com - 2 years ago
Bitcoin remained largely unchanged on Saturday, as markets were mostly unmoved by comments from the Federal Reserve’s chair, Jerome Powell. Speaking at the annual Jackson Hole symposium, Powell hinted that more hikes were in the cards. Ethereu...
Bitcoin News / Bitcoin.com - 2 years ago
PRESS RELEASE. The cryptocurrency market lacks regulation, leading to potential risks for investors, including SIM-swap scams. By this technique, hackers manipulate mobile carrier customer service to gain access to a user’s phone number, allow...
Bitcoin News / Bitcoin.com - 2 years ago
According to Wang Yang and Wen Yizhou, a stablecoin issued by the Hong Kong government has the potential to become an international currency and may challenge the U.S. dollar in certain places. However, in their latest opinion piece, Yang and Yizhou...
Bitcoin News / Bitcoin.com - 2 years ago
Crypto exchange Binance has replaced the names of cards issued by Russian banks with colors, Russian media revealed amid reports of a U.S. investigation into potential sanctions violations. The changes concern the ruble exchange feature on Binance’s...
Bitcoin News / Bitcoin.com - 2 years ago
Russian Foreign Minister Sergey Lavrov has declared that the actions of the BRICS bloc, integrated by Brazil, Russia, India, China, and South Africa, are focused on reducing dependency on the economic system managed by the U.S. and its Western allies...
Bitcoin News / Bitcoin.com - 2 years ago
The government of Brazil has formally presented a proposal to Argentina to settle bilateral trade transactions in the Chinese yuan. The proposal, which would leverage resources in the Chinese credit swap line, aims to maintain trade between the count...
Bitcoin News / Bitcoin.com - 2 years ago
South Africa’s minister of finance has explained why he believes that no country is ready for a common currency, including a unified BRICS currency. “Setting up a common currency presupposes setting up a central bank, and that presupposes losing inde...
Bitcoin News / Bitcoin.com - 2 years ago
Mastercard and crypto exchange Binance are ending their partnership for crypto cards. According to the payment giant, the decision will affect all four of Mastercard’s co-branded crypto card programs with Binance in Argentina, Brazil, Colombia, and B...
Bitcoin News / Bitcoin.com - 2 years ago
A study of CME Group’s bitcoin futures and open interest indicates the crypto bear market may be approaching its end, according to JPMorgan analysts led by Nikolaos Panigirtzoglou. The bank’s market experts suggest that there’s &...
Bitcoin News / Bitcoin.com - 2 years ago
Following the initial Republican debate and an exclusive interview between Donald Trump and Tucker Carlson on the social media platform X, wagers on the decentralized prediction marketplace Polymarket suggest Trump is leading, with presidential hopef...
Bitcoin News / Bitcoin.com - 2 years ago
The chairman of the U.S. Federal Reserve, Jerome Powell, warned on Friday that inflation remains too high and signaled the central bank may continue raising interest rates to get it under control. In remarks at the Jackson Hole symposium, Powell ackn...
Bitcoin News / Bitcoin.com - 2 years ago
After a mugshot of the 45th U.S. president, Donald Trump, was snapped at Fulton County Jail in Atlanta, his NFT trading card sales skyrocketed. Cryptoslam.io data shows a whopping 426% surge in Trump’s digital card sales in just 24 hours. ...
Bitcoin News / Bitcoin.com - 2 years ago
In the wake of the meme token’s meteoric ascent, pepe (PEPE) has plummeted by over 17% in the last 24 hours. Buzz on social media suggests a significant amount of funds held by the development team are being transferred to exchanges. Moreover,...
