Bitcoin fields increasingly bullish market prognoses, but a trader argues that more evidence of a BTC price trend change is needed. Source: https://cointelegraph.com/news/bitcoin-weekly-rsi-immediate-85k-btc-price?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Month: September 2024
Diamond hands Ethereum holder makes $131.72M in 2 years
An investor turns a $151.42 million Ether investment into $214.34 million during a two-year bear market by following the hodl strategy. Source: https://cointelegraph.com/news/ethereum-investor-diamond-hands-131-million-profit-eth-2022-bear-market?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Fed’s Rate Cut Could Spell Disaster, Microstrategy Buys More Bitcoin, and More — Week in Review
Peter Schiff has warned that the Federal Reserve’s rate cut will lead to economic disaster. Microstrategy, continuing its bitcoin acquisition strategy, plans to buy more bitcoin after raising $1.01 billion from a private offering. A bitcoin investor faces up to three years in prison for underreporting cryptocurrency gains. El Salvador’s President Nayib Bukele announced a […] Source: https://news.bitcoin.com/feds-rate-cut-could-spell-disaster-microstrategy-buys-more-bitcoin-and-more-week-in-review/
Is Bitcoin set for 400% gains against gold? Veteran analyst weighs in
Bitcoin could grow by over 400% versus gold in the coming months, according to a technical setup shared by seasoned analyst Peter Brandt. Source: https://cointelegraph.com/news/bitcoin-400-gains-against-gold-veteran-analyst?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
ET Hunters Using AI to Find Unusual Phenomena in Space
As the search for alien civilizations continues, the Search for Extraterrestrial Intelligence (SETI) Institute is turning to artificial intelligence and machine learning to power the search for signs of “engineered phenomena.” “The amount of data we’re generating grows exponentially each year, and you just can’t keep up with that kind of data using conventional analysis,” President and CEO of the…
Nigerian Entrepreneur: Recent Regulatory Moves Signal Support for Crypto
While Nigerian authorities have generally been perceived as having an anti-crypto stance, recent developments on the regulatory front suggest a shift toward supporting crypto businesses. Buchi Okoro, CEO of the digital asset exchange Quidax, which recently obtained an operating license, believes these developments could lead to broader adoption of crypto assets in Nigeria. Quidax Wins […] Source: https://news.bitcoin.com/nigerian-entrepreneur-recent-regulatory-moves-signal-support-for-crypto/
This Week on Crypto Twitter: Trump Devours the Timeline, Iggy Azalea’s Twerk Dispute
In a year that has pushed crypto to unprecedented heights of cultural and political prominence, this week brought some of the cycle’s most uncanny moments yet—thanks to Donald Trump. On Monday, just one day after the former president survived an apparent second assassination attempt, he hosted Rug Radio’s Farokh Sarmad, a prominent Crypto Twitter personality, to discuss digital assets policy…
African economies show high potential for digital asset adoption
South Africa emerges as a leading digital asset hub, driving growth in crypto with proactive regulations and expanding platforms like VALR. Source: https://cointelegraph.com/news/south-africa-digital-asset-hub-crypto-compliance-fsca?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Rapper Iggy Azalea to Launch Crypto-Powered Online Casino ‘Motherland’ in November
Iggy Azalea is set to shock the online gambling world with the launch of her new crypto-powered casino, Motherland, in November 2024. Powered by her Solana memecoin, MOTHER, the casino will offer a variety of games, including slots, blackjack, roulette, poker, and sports betting. The launch is part of Azalea’s broader strategy to build a […] Source: https://news.bitcoin.com/rapper-iggy-azalea-to-launch-crypto-powered-online-casino-motherland-in-november/
IMF staff propose REDI framework to catalyze CBDC adoption
IMF staff members introduced a high-level four stage framework, emphasizing regulation, education, design, and incentives to enhance CBDC adoption. Source: https://cointelegraph.com/news/imf-guide-boost-cbdc-adoption-through-redi-framework?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound