Month: October 2024

A Hong Kong woman lost $12K in a crypto exchange scam after waiting hours for a promised cash handoff that never arrived. Hong Kong Woman Scammed in Crypto Exchange Scheme Hong Kong authorities are investigating a cryptocurrency scam reported by a woman at an exchange shop in Mong Kok on Saturday, where she claimed to […] Source: https://news.bitcoin.com/man-vanishes-with-womans-crypto-prompting-police-investigation-in-hong-kong/

Russia’s push for BRICS to abandon the U.S. dollar has reached critical milestones, with formalized agreements and functioning alternatives to Western financial systems now in place. BRICS Pushes Dedollarization and Financial Autonomy Forward At the recent BRICS summit in Kazan, Russian Deputy Foreign Minister Sergey Ryabkov announced that Russia’s presidency of BRICS had reached critical […] Source: https://news.bitcoin.com/russia-drives-dedollarization-forward-with-brics-brazil-now-leads-next-steps/

BRICS leaders have declared their commitment to a local currency payment network designed to revolutionize cross-border transactions and reduce reliance on the U.S. dollar. BRICS Leaders Commit to a Groundbreaking Local Currency Payment Network At the 16th BRICS Summit in Kazan, Russia, BRICS leaders underscored their commitment to advancing a more integrated financial system across […] Source: https://news.bitcoin.com/brics-leaders-push-for-local-currency-network-diminishing-us-dollar-role/

Russia’s new crypto law amplifies state control, enabling regional restrictions, tighter infrastructure regulations, and enhanced transaction monitoring. State Authority Over Digital Currency Grows as Russia Publishes New Law The Russian government released a document on Friday detailing a law signed by President Vladimir Putin that broadens the scope of digital currency regulations. This new law […] Source: https://news.bitcoin.com/russia-publishes-new-crypto-law-expanding-state-control-over-digital-assets/

Economist Peter Schiff forecasts a “Trump dump” for bitcoin, questioning its weak momentum amid Donald Trump’s rising election odds. Peter Schiff Sees ‘Trump Dump’ for Bitcoin Economist and gold advocate Peter Schiff, known for his skeptical view on bitcoin and fervent support of gold, has shared insights on both assets amid recent market shifts. Posting […] Source: https://news.bitcoin.com/peter-schiff-warns-bitcoin-investors-get-ready-for-the-trump-dump/

Rich Dad Poor Dad author Robert Kiyosaki predicts a bitcoin “blast-off,” urging investors to buy BTC and seize this prime entry point. Bitcoin Set for Blast-off — It’s Time to Buy, Says Kiyosaki Robert Kiyosaki, author of Rich Dad Poor Dad, has once again voiced strong opinions on financial markets, predicting both dramatic downturns and […] Source: https://news.bitcoin.com/robert-kiyosaki-predicts-bitcoin-blast-off-declares-time-to-buy-btc/

With 5,255 delegates attending, the 16th BRICS Summit in Kazan focused on building a “multipolar world order” and reducing reliance on dollar-based systems. With Over 5,000 Delegates, BRICS Summit Sends a Message to the Dollar’s Dominance More than 5,000 delegates gathered in Kazan for the 16th BRICS Summit which took place from Oct. 22-24, marking […] Source: https://news.bitcoin.com/5000-delegates-gather-as-brics-charts-a-path-to-sidestep-western-influence/

TeraWulf stands out as a top-performing Bitcoin mining stock in 2024, up 70% YTD with 62.49% institutional ownership. Discover How Financial Health, Expansion, and Low-Cost Energy Fuel TeraWulf’s success The following guest post comes from Bitcoinminingstock.io, the one-stop hub for all things bitcoin mining stocks, educational tools, and industry insights. Originally published on Oct. 10, […] Source: https://news.bitcoin.com/terawulf-overview-of-a-rising-bitcoin-miner-in-2024/