Month: October 2024

Blackrock’s significant stake in Microsoft could sway the tech giant’s potential decision on adding bitcoin to its corporate reserves, signaling a shift in mainstream crypto adoption. Blackrock’s Stake Fuels Speculation Over Microsoft’s Bitcoin Future Speculation emerged last week around Microsoft’s upcoming Dec. 10 shareholder meeting, following a U.S. Securities and Exchange Commission (SEC) filing that […] Source: https://news.bitcoin.com/blackrock-to-vote-on-microsofts-bitcoin-move-btc-treasury-strategy-in-focus/

BTC heads for $70K, Base activity Soars, SPX & POPCAT near ATH BTC hits golden cross indicator, 2x rally last time. SOL hits ATHs for a number of key metrics. SOL nears golden cross indicator. Base stablecoin transfer volume flips ETH & SOL. Metaplanet becomes Asia’s largest BTC holder. MicroStrategy premium unlikely to last: Steno. Hong Kong floats tax breaks…

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The Treasury Department sign fell sharply as Treasury Secretary Janet Yellen faced a tough question about the U.S. dollar’s reserve currency status being at risk. Treasury Sign Drops — Yellen Steadies Herself and Defends US Dollar’s Reserve Currency Status U.S. Treasury Secretary Janet Yellen discussed key elements of the U.S. economic strategy last week at […] Source: https://news.bitcoin.com/unexpected-moment-treasury-sign-falls-as-yellen-confronts-us-dollar-reserve-currency-concerns/

Magic Eden may want users to claim a token called TestME Tuesday using its digital wallet—but the NFT marketplace is encouraging degens to sit this one out. That’s because the TestME token, as the name implies, is intended to be a trial run and precursor to the Magic Eden Foundation’s governance token. That token, rebranded as ME earlier this year,…

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A crypto exchange tied to Silk Road and alleged money laundering schemes now has its operator facing serious federal charges and prison time. Silk Road Connections Resurface as DOJ Targets Crypto Tycoon in $30M Scandal The U.S. Department of Justice (DOJ) announced on Monday that a federal grand jury in Indianapolis has indicted Maximiliano Pilipis, […] Source: https://news.bitcoin.com/doj-targets-crypto-exchange-accused-of-silk-road-money-laundering-operator-faces-prison-time/

It’s happened again. Bitcoin’s price has blasted beyond $70,000 for the first time since June. The largest crypto by market capitalization is up 3% on the day to $70,100, according to CoinGecko data. The asset’s rise comes as investors again turn to the newly-approved exchange-traded funds (ETFs), providing a path for institutional investors—previously too cautious to purchase the asset on…

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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 how Brazil’s firm determination to push the world toward a multipolar financial system can pay off in the long term. As the next chairman of BRICS, Brazil will be responsible […] Source: https://news.bitcoin.com/latam-insights-encore-brazils-determination-to-build-a-new-financial-system-will-guide-brics-toward-a-common-currency-agreement/

Dogecoin continues its surge—and it’s now the best performing cryptocurrency among the top 100 coins over the past 24 hours. The original meme coin hit a peak price of nearly $0.16 on Monday afternoon, according to CoinGecko, marking a nearly five-month high after last touching that price in early June. Down slightly from that peak, DOGE is now up almost…

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