Anatoly Aksakov, chairman of the Financial Market Committee of the State Duma, the Russian equivalent to the U.S. House of Representatives, has predicted that bitcoin and digital ruble exchanges will become a reality in the coming years. Aksakov also foresees the need for digital ruble-based P2P markets to serve this goal in the future. Russians […] Source: https://news.bitcoin.com/state-duma-financial-market-committee-leader-envisions-bitcoin-and-digital-ruble-exchanges/
Month: August 2024
Trump floats paying off $35T national debt using Bitcoin
The United States government is adding $1 trillion to the national debt approximately every 100 days, sparking fears of runaway inflation. Source: https://cointelegraph.com/news/trump-floats-paying-off-35-trillion-national-debt-bitcoin?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Why are memecoins down today?
Memecoins underperform the wider crypto market after double-digit weekly losses surpass the sell-off in BTC and ETH. Source: https://cointelegraph.com/news/why-are-memecoins-down-today?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Bitcoin and Ethereum Prices Plunge on Recession Fears as Liquidations Spike
The crypto market is bleeding red as of late Friday afternoon, with major assets like Bitcoin and Ethereum plunging by 5% or more following a rough U.S. jobs report that also spooked the stock market—and prompted fears of an impending recession. The price of Bitcoin fell well under $62,000 on Friday, dipping as low as $61,308 per data from CoinGecko.…
Genesis Crypto Restructuring: $4B Payouts Begin Post-Bankruptcy
Genesis Global, a prominent crypto lender, has successfully completed its bankruptcy restructuring and has begun distributing approximately $4 billion in digital assets and cash to its creditors. This pivotal move comes after months of financial turmoil and legal battles, marking a significant step forward for the company and the broader crypto industry. The focus keyword for this article is “Genesis…
Why Meanwhile Bets Big on Bitcoin Life Insurance
Meanwhile, a groundbreaking company in the insurance sector, has introduced a revolutionary approach by offering life insurance policies exclusively in bitcoin. This move sets Meanwhile apart as the first and only company to operate under traditional life insurance regulations while transacting solely in the world’s leading cryptocurrency. The focus keyword for this article is “Bitcoin life insurance,” encapsulating Meanwhile’s innovative…
GameStop Kills 33-Year-Old Gaming Magazine as Stock Price Sinks
GameStop’s stock has weathered a rough week, and things only got worse on Friday as the broader stock market felt the pain from a series of rough economic reports that suggested the United States might be headed for recession. And it came on the same day as the video game retailer killed off an iconic industry brand. On Friday, the…
Ethereum futures open interest hits 19-month high yet ETH price weakness intensifies
Ethereum derivatives metrics show increased activity, indicating higher interest but not necessarily a bullish trend. Source: https://cointelegraph.com/news/ethereum-futures-open-interest-hits-19-month-high-yet-eth-price-weakness-intensifies?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
French regulator accepting CASP applications ahead of MiCA rollout
The AMF is giving firms registered under its current DASP rules ample time to transition, too. Source: https://cointelegraph.com/news/french-amf-casp-applications-ahead-mica?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Mark Moss Predicts $10 Million Bitcoin Potential
Bitcoin’s future value remains a topic of intense debate in the world of cryptocurrency. Recently, market analyst and host of the Mark Moss Show, Mark Moss, joined Scott Melker on The Wolf of All Streets Podcast to discuss bitcoin’s potential trajectory. In their conversation, Moss outlined a comprehensive framework for evaluating the future value of bitcoin, forecasting a potential price…