After completing the latest purchase, Metaplanet holds a total of 203,734 BTC bought at the average price of around $62,000 per BTC. Source: https://cointelegraph.com/news/metaplanet-japan-buys-dip-bitcoin
Month: July 2024
BTC price risks 'double top' — 5 things to know in Bitcoin this week
BTC price disappoints with the weekly close, leading to accusations of a “dead cat bounce” from Bitcoin traders wary of new lows. Source: https://cointelegraph.com/news/btc-price-risks-double-top-5-things-bitcoin-this-week
Canada to sanction LiquiTrade for Securities Act violation
BCSC finds LiquiTrade guilty of running an illegal exchange, which could result in sanctions ranging from fines to a ban. Source: https://cointelegraph.com/news/bcsc-liquitrade-illegal-exchange-ruling
Japan’s Metaplanet Scoops More Bitcoin Amid Sluggish Economic Growth
We do the research, you get the alpha! Get exclusive reports and access to key insights on airdrops, NFTs, and more! Subscribe now to Alpha Reports and up your game! Go to Alpha Reports Publicly traded Metaplanet Inc. has scooped up 42 additional Bitcoin valued at 400 million yen ($2.4 million), defying shifting crypto market sentiment amid additional selling pressure…
Taiwanese Central Bank to Test CBDC, Not Race to It
Taiwanese Central Bank Governor Yang Chin-long stated that the development of digital currency (CBDC) is not an international competition, and being the first to launch does not guarantee success. He disclosed that the Central Bank of the Republic of China (Taiwan) will conduct three scenario tests for the digital New Taiwan Dollar. Despite no current […] Source: https://news.bitcoin.com/taiwanese-central-bank-to-test-cbdc-not-race-to-it/
Coinbase-posing scammers steal $1.7M from a user amid a string of attacks
A victim who claims to have lost $1.7 million said a scammer called them claiming to be from Coinbase and sent emails that looked like they came from the crypto exchange. Source: https://cointelegraph.com/news/scammers-steal-crypto-posing-as-coinbase-scam-call-attacks
Iran and Russia Sign Academic Cooperation Agreement to Dedollarize Economies
Iran and Russia have taken a significant step towards economic cooperation by involving their academic institutions in efforts to dedollarize their economies. The presidents of Iran’s Imam Hossein University and Russia’s Plekhanov University of Economics signed a memorandum of cooperation last week to collaborate on initiatives aimed at reducing reliance on the U.S. dollar in […] Source: https://news.bitcoin.com/iran-and-russia-sign-academic-cooperation-agreement-to-dedollarize-economies/
$1M bug bounty for Solana Firedancer client goes live this week
Firedancer is a highly anticipated new validator client for the Solana blockchain and its creator is calling on devs to look high and low for any critical bugs. Source: https://cointelegraph.com/news/solana-firedancer-offer-one-million-dollars-in-bounties
Global South View: US Politicians Aren’t Saviors of Crypto; Innovation Should Precede Regulation
Donald Trump and other U.S. politicians’ embrace of crypto has sparked hope and encouraged stakeholders who see lobbying as a way to influence policymakers. However, lingering doubts about the sincerity of politicians should serve as a warning, reminding innovators that they thrive when prioritizing users’ needs over political interests. Crypto Emerges as a Key Election […] Source: https://news.bitcoin.com/global-south-view-us-politicians-arent-saviors-of-crypto-innovation-should-precede-regulation/
Latam Insights Encore: Paraguay Anti-Bitcoin Mining Stance Is a Net Negative for the Nation’s Development
Welcome To Latam Insights Encore, a deep view of Latin America’s most relevant economic and cryptocurrency-based news last week. In this edition, we examine the possible outcomes of the war that Paraguay is waging on illegal (and now legal) bitcoin mining operators, and how this might make the country lose millions of dollars as miners […] Source: https://news.bitcoin.com/latam-insights-encore-paraguay-anti-bitcoin-mining-stance-is-a-net-negative-for-the-nations-development/