Month: May 2024

TRON founder Justin Sun has made a public call to back a U.S. presidential candidate favorable to cryptocurrencies. Sun emphasizes the importance of recognizing the cryptocurrency community—including companies and protocols—as key stakeholders in the political arena. He urges that their voices be heard and their interests safeguarded, highlighting the growing influence of digital currencies in […] Source: https://news.bitcoin.com/justin-sun-advocates-supporting-a-crypto-friendly-u-s-presidential-candidate/

Although it may be undervalued at present, the SRC20 protocol distinguishes itself among protocols operating on the Bitcoin network due to its unmatched data permanence, a new report has claimed. The study also found that the protocol’s impending cost-reduction upgrade renders it an attractive option for long-term projects and investments. SRC20’s Unmatched Data Permanence According […] Source: https://news.bitcoin.com/study-src20-protocols-unmatched-data-permanence-makes-it-a-superior-choice-over-brc20-and-runes/

Microsoft South Africa (SA) has entered into a $70.5 million artificial intelligence (AI) investment agreement with the Southern African nation’s Department of Trade, Industry, and Competition (DTIC). The investment aims to support the development of black-owned small, micro, and medium enterprises (SMMEs) in both tech and non-tech sectors over the next 10 years. Approximately 200 […] Source: https://news.bitcoin.com/microsoft-invests-70-million-in-south-africa-for-ai-advancement/

Welcome to Latam Insights, a compendium of Latin America’s most relevant crypto and economic news during the last week. In this issue: Venezuela seizes over 11,000 bitcoin miners to save energy, Paraguay cracks down on illegal bitcoin mining, and Brazil aims to finalize crypto regulations this year. Venezuelan Authorities Announce Bitcoin Mining Ban, Confiscate Over […] Source: https://news.bitcoin.com/latam-insights-venezuela-seizes-over-11000-bitcoin-miners-paraguay-cracks-down-on-illegal-bitcoin-mining/

Rich Dad Poor Dad author Robert Kiyosaki has warned investors about the bond market crashing, urging them to invest in “safer real assets,” like bitcoin, before their prices “explode.” He criticizes financial planners for promoting bonds as safe investments, predicting significant losses for investors when AAA bonds and commercial real estate crash. Meanwhile, Kiyosaki expects […] Source: https://news.bitcoin.com/robert-kiyosaki-advises-buying-bitcoin-before-price-explodes-warns-of-bonds-crashing/