Mayor Ward Roddam of Rockdale, Texas, sees bitcoin mining as the key to his town’s resurgence after the devastating closure of its largest employer, Alcoa. Comparing it to Texas’ oil boom, Roddam highlights how this modern technology is creating jobs, boosting revenue, and funding essential services. With over $1 billion in investments, bitcoin mining could […] Source: https://news.bitcoin.com/bitcoin-is-digital-oil-well-fueling-rural-texas-economic-revival-mayor-says/
The top court in the US won’t hear Battle Born Investments’ case claiming it purchased rights to 69,370 Bitcoin seized by the US from the online black market Silk Road. Source: https://cointelegraph.com/news/supreme-court-wont-hear-silk-road-bitcoin-ownership-case?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Donald Trump’s odds of winning the U.S. presidential election on Polymarket climbed to over 53% on Monday, overtaking Vice President Kamala Harris, who held a slight lead last week. The surge has fueled speculation about potential manipulation, centering on a user known as “Fredi9999,” who has amassed over 7.8 million Trump shares, making them the platform’s largest holder, data shows.…
Welcome to Latam Insights Encore, a deep dive into Latin America’s most relevant economic and cryptocurrency news from last week. In this edition, we examine President Nayib Bukele’s official visit to Argentina, and how this might translate to bitcoin being more prominently incorporated in President Milei’s economic plans. Latam Insight Encore: Bukele Might Be Advising […] Source: https://news.bitcoin.com/latam-insights-encore-bukele-might-orange-pill-milei-on-bitcoin/
A group of residents in Granbury, Texas, sued Marathon Digital, claiming noise from its nearby Bitcoin mine is a “nuisance” that caused health issues for some locals. Source: https://cointelegraph.com/news/texas-resident-sue-marathon-digital-crypto-mine-noise?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Traders are bracing for U.S. Consumer Price Index data this week, with a positive print likely influencing Bitcoin’s next price rise, analysts say. Coupled with strong nonfarm payroll numbers, the “Uptober” narrative has helped buoy support for the world’s largest crypto at around $60,000, according to digital assets firm QCP Capital. “After a shaky start, Uptober seems to be back…
Hong Kong’s Securities and Futures Commission (SFC) has confirmed that the full regulatory framework for digital assets is set to be completed by next year, according to CEO Liang Fengyi. She also noted that 11 more crypto platforms are in the process of applying for licenses, with the first round of assessments already finished. SFC […] Source: https://news.bitcoin.com/hong-kongs-crypto-framework-near-completion-11-platforms-awaiting-approval/
The ETP issuer is asking for more clarity and consistency from what it claims is the European Union’s “patchwork” of crypto regulations. Source: https://cointelegraph.com/news/21shares-eu-change-inconsistent-crypto-etp-rules?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Russia’s Deputy Foreign Minister has stated that discussions on a single currency for the BRICS economic bloc are premature due to differences in financial regulation among member nations. Instead, the focus remains on enhancing financial sovereignty and exploring national currencies for trade. Ryabkov highlighted ongoing efforts to strengthen the bloc’s economic independence, with authorities actively […] Source: https://news.bitcoin.com/brics-unified-currency-deemed-premature-by-russian-official/
Hong Kong’s Securities and Futures Commission expects to issue licenses to some of the 11 crypto firms pending registration in the region. Source: https://cointelegraph.com/news/hong-kong-more-crypto-exchange-licenses-year-end?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
