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“# Bitcoin got stronger despite government crackdowns, says Edward Snowden ” Edward Snowden has touted the antifragility of Bitcoin (BTC) despite increasing regulatory scrutiny on cryptocurrencies around the world. Tweeting on Sunday, the former Central Intelligence Agency (CIA) agent stated that Bitcoin has gotten stronger on the back of government bans and anti-crypto policies. Snowden’s…
“# Brazil aims to tighten penalties for crypto-related financial crimes ” Brazilian lawmakers are working to provide stricter regulations for cryptocurrency-related crimes, approving a set of new penalties for laundering money with crypto. Brazil’s Special Committee of the Chamber of Deputies has approved a bill that significantly tightens penalties for financial crimes that employ cryptocurrencies…
“# BTC bull run has ‘at least 6 months to go’ — 5 things to watch in Bitcoin this week ” Bitcoin (BTC) starts a new week fresh from its first attempt to crack $50,000 in over a month — what’s in store next? After an encouraging weekend, BTC/USD faces an increasingly bullish macro climate…
“# El Salvador introduces fuel subsidy of $0.20 per liter to locals who pay in BTC ” Salvadoran president Nayib Bukele has announced that local consumers can enjoy a $0.20 per liter reduction in petrol prices when paying using the government-backed Bitcoin wallet, Chivo. Describing the news as “positive news for the pockets of Salvadorans,”…
“# Top 5 cryptocurrencies to watch this week: BTC, LUNA, ATOM, XTZ, AXS ” The sentiment in the crypto markets can change quickly as seen from the Crypto Fear and Greed Index, which has risen from levels of extreme fear on Sept. 30 to neutral today. The sentiment may improve further if Bitcoin (BTC) breaks…
“# Bitcoin price surge to $49K prompts several altcoins to hit new all-time highs ” On Sunday bulls made their intentions clear by briefly pushing Bitcoin (BTC) price above the $49,000 level, a move that prompted many traders on crypto Twitter to call for the top-ranked digital asset to knock down the psychological resistance at…
“# Money in 2030: A future where DeFi and CBDCs can work together ” Decentralized finance (DeFi) is changing the way that people all over the world think about money faster than any previous financial revolution. Banks, which have monopolized the way we’ve accessed money since antiquity, are finally seeing their status being challenged. Now,…
“# Beyond Bitcoin: The future of digital assets is bigger than the first crypto ” While change is guaranteed, the scale and scope of that change are not. For the financial industry, blockchain — the technology that undergirds Bitcoin (BTC), Ether (ETH), nonfungible tokens (NFTs) and other digital assets — has brought us to the…
“# Futures-based Bitcoin ETF has ‘75% chance of approval’ in October — analyst ” A Bitcoin (BTC) exchange-traded fund (ETF) has a 75% chance of being approved this month — in some form. In comments this weekend, Eric Balchunas, senior ETF analyst for Bloomberg, said that United States Bitcoin futures ETFs were “likely on schedule”…
“# Want to improve blockchain infrastructure? Work under layer-two solutions ” There has been a lot of talk about how blockchain unlocks endless enterprise opportunities. And although all this buzz has not entirely translated to tangible results, the explosion of the decentralized finance and nonfungible token (NFT) markets has laid down markers on what is…