The Shanghai Cooperation Organization (SCO) is advancing talks on a unified payment system to increase national currency use, aligning with BRICS efforts to counter Western economic dominance. A New Era? SCO’s Talks on Unified Payment System Revealed Shanghai Cooperation Organization (SCO) Secretary-General Zhang Ming detailed efforts to create a unified payment system among SCO member […] Source: https://news.bitcoin.com/brics-sco-align-on-unified-payment-system-to-reduce-dollar-reliance/
Month: October 2024
US Election Fuels Bitcoin Volatility as Options Traders Eye $80,000 Target
Bitcoin traders are bracing for increased volatility as the U.S. election nears on Nov. 5, with estimates for price swings as high as 20%, according to data from DeFi derivatives platform Derive. “The latest trading analysis reveals some compelling insights into market dynamics as we approach significant financial events,” Derive founder Nick Forster told Decrypt on Monday. The data shows…
Bitcoin’s Ideal Leader: 100K Votes Flood Michael Saylor’s Poll, Backing Future BTC Champion
A poll conducted by Microstrategy’s chairman drew over 100K responses, revealing sweeping support for the presidential candidate seen as Bitcoin’s most powerful advocate. Who’s Bitcoin’s Best Bet in 2024? Michael Saylor’s Poll Sends a Clear Message As the 2024 election season intensifies, digital asset advocates closely analyze how a potential Donald Trump or Kamala Harris […] Source: https://news.bitcoin.com/bitcoins-ideal-leader-100k-votes-flood-michael-saylors-poll-backing-future-btc-champion/
Meta is reportedly building its own AI-powered search engine
Meta wants to reduce its dependence on Google and Microsoft Bing and hopes an in-house search engine will do the trick. Source: https://cointelegraph.com/news/meta-reportedly-building-own-ai-powered-search-engine?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
DOJ charges crypto exchange operator of laundering Silk Road money
Along with money laundering, Maximiliano Pilipis is also accused of failing to file a tax return for income generated in 2019 and 2020. Source: https://cointelegraph.com/news/doj-accuses-crypto-exchange-operator-of-laundering-silk-road-money?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Elon Musk’s DOGE to Slash $2 Trillion From Government Budget — ‘The Future Is Going to Be Amazing’
Elon Musk envisions the Department of Government Efficiency (DOGE) cutting $2 trillion from federal spending, aiming to free Americans from excessive taxation and government overreach. Elon Musk’s Vision: $2T DOGE Cuts to Propel America to Unseen Heights Tesla CEO Elon Musk revealed on Sunday during a Donald Trump rally held at Madison Square Garden that […] Source: https://news.bitcoin.com/elon-musks-doge-to-slash-2-trillion-from-government-budget-the-future-is-going-to-be-amazing/
Bitcoin mining stocks rocket 24% on macro climate, AI play: Analyst
Deficit spending and lower interest rates have boosted global liquidity higher, benefiting Bitcoin and related markets, Blockware’s Mitchell Askew said. Source: https://cointelegraph.com/news/bitcoin-miners-soar-24-percent-macro-conditions-ease?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Apple Intelligence Is Finally Here and Reviewers Are Not Impressed
Apple has finally begun rolling out updates to its AI-powered suite of tools for iOS, iPadOS, and macOS, the company said on Monday. While the world’s biggest consumer tech company touted its latest enhancements, reviews of Apple Intelligence have been underwhelming. The AI experience, “in its current form, is quite flat,” said Wired’s senior reviews editor Julian Chokkattu. Ina Fried,…
Sequoia to make $100M windfall from Stripe’s Bridge acquisition: Report
Sequoia Capital owns 16% of Bridge, which is set to be acquired by payments platform Stripe for $1.1 billion. Source: https://cointelegraph.com/news/sequoia-100-million-stripe-bridge-deal-report?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Bitcoin Inches Closer to Record Highs—Are Traders Ready for What’s Coming?
On Monday, bitcoin hit a high note, climbing past the $70,000 threshold for the first time since late July, peaking at an intraday high of $70,218 per coin. Bitcoin Hits New Heights: The Market Shift Behind Today’s $70K Push By 6:10 p.m. ET, bitcoin (BTC) had climbed 2.6% against the U.S. dollar, hitting the $70,218 […] Source: https://news.bitcoin.com/bitcoin-inches-closer-to-record-highs-are-traders-ready-for-whats-coming/